Lien Claimants definition

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Lien Claimants means those creditors of the Debtor who, on the Petition Date, possessed a lien against property of the Bankruptcy Estate.

Lien Claimants means Lamarche Electric Inc. and Paladine Technologies Inc.;

Examples of Lien Claimants in a sentence

The foregoing provisions of this Section 6.2 shall not prevent the Second Lien Agent or the Second Lien Claimants from objecting to any provision in any Cash Collateral order or DIP Financing documentation relating to any provision or content of a plan of reorganization.
All signs and graphics of every kind visible in or from public view or corridors, the Common Areas or the exterior of the Premises (whether located inside or outside of the Premises) shall be subject to Landlord’s prior written approval, which shall not be unreasonably withheld, delayed or conditioned, and shall be subject to any applicable governmental laws, ordinances, and regulations and in compliance with Landlord’s signage program.
Without limiting the foregoing, Landlord may decline to advance any amount when liens are being asserted against any part of or interest in the Leased Property that in the aggregate secure or allegedly secure more that $5,000,000 of claims by Potential Lien Claimants, regardless whether any such liens have caused an Event of Default to occur hereunder or are being contested by Tenant as permitted by subparagraph 9(o).
Releases Upon Progress Payment, which releases conform with the provisions of California Civil Code Section 3262(d)(2) from Tenant and all other Potential Lien Claimants with regard to any payments received in the immediately preceding progress payment by any such parties.
Without limiting the foregoing, BNPLC may decline to advance any amount when Solectron is unable to truthfully certify, as contemplated in Exhibit F, that no liens are being asserted against any part of or interest in the Property that in the aggregate secure or allegedly secure more than $5,000,000 of claims by Potential Lien Claimants, regardless of whether any such liens have caused an Event of Default to occur hereunder or are being contested by Solectron as permitted by subparagraph 12.
In connection with the foregoing, the Second Lien Lender and other Second Lien Claimants, will, if requested by the First Lien Lender, execute and deliver an amendment, waiver or consent in all material respects the same as the amendment, waiver or consent executed by the First Lien Agent or other First Lien Claimants, except for such modifications as are appropriate to effect an amendment, waiver or consent under each Second Lien Document.
The Borrower shall (a) designate the Lender as "construction lender" in all applications for building permits and in the Construction Contract, if any, and provide the Lender's name and address to all Lien Claimants; (b) comply in all material respects with all applicable Laws and Other Requirements relating to the Collateral or the Project, and (c) obtain and maintain all Authorizations required in connection with the Collateral or the Project.
Notwithstanding the foregoing to the contrary, in the event that any Potential Lien Claimants file or threaten to file a mechanic’s lien against the Premises or do not submit requisite mechanic’s lien releases, Landlord shall withhold from the Retention an amount equal to 100% of the claimed amount or value of services and material until the requisite mechanic’s lien releases are delivered to Landlord, and the balance of the Retention shall be released.
This Term Sheet does not include a description of all of the terms, conditions and other provisions that are to be contained in the Plan or definitive documents relating to or necessary to effectuate the Plan, each of which remain subject to negotiation and completion and which shall be in form and substance reasonably acceptable to the Required Consenting First Lien Claimants (as defined below).

More Definitions of Lien Claimants

Lien Claimants. Adversary Proceeding” means the case styled Deutsche Bank Trust Company Americas, Agent v. First River Energy, LLC et al., Adv. Pro. No 18-05015-cag, pending before the Bankruptcy Court, wherein Deutsche Bank Trust Company Americas, Agent seeks a declaration that its liens securing the Credit Agreement are senior in priority to the claim raised by the defendants and its lien(s) are valid, perfected, first priority liens in the Collateral, including proceeds of the Collateral. As used herein, the definition of Lien Claimants’ Adversary Proceeding shall be deemed to include any subsequent proceeding before a court of competent jurisdiction other than the Bankruptcy Court if the Bankruptcy Court declines to exercise jurisdiction over the claims at issue in the Lien Claimants’ Adversary Proceeding.

Lien Claimants means any person or entity supplying work or material to the Tenant Work under a direct contract with Tenant or Tenant’s Contractor. Landlord shall pay each disbursement within thirty (30) days following the date that Landlord receives all materials required above with respect to such disbursement. Notwithstanding anything to the contrary contained in this Work Letter, Landlord shall have no obligation to disburse any amounts from the Improvement Allowance on account of any request not made within twelve (12) months of the Commencement Date, at which time any portion of the Improvement Allowance for which a request has not been submitted in the manner required above shall be applied as set forth in Section 4.5 (Unused Allowance) below. Landlord shall retain twelve (12%) of the Improvement Allowance until completion of the Tenant Work, including satisfaction of the conditions set forth in Section 3.6 above.

Lien Claimants means any Person who had a builders’ lien vested pursuant to any of the Graybriar Sale Approval Orders;

Lien Claimants means contractors and material suppliers who have a written contract to perform services or supply materials in connection with the construction of the Improvements.