Lien Instrument definition

Lien Instrument means any instrument creating or authorizing the creation of a lien on property, including:

Lien Instrument means any of the following recorded in the County: (i) the Existing Lien Instruments, as such instruments may be consolidated, spread, amended, modified, extended or restated from time to time, (ii) any of the New Lien Instruments, as they may be consolidated, spread, amended, modified extended or restated from time to time, and (iii) the IDB Lien Instruments as they may be consolidated, spread, amended, modified, extended or restated from time to time.

Lien Instrument means a mortgage, deed of trust, deed to secure debt or other lien instrument covering real property.

Examples of Lien Instrument in a sentence

• Lien Instrument with Both a Power of Sale and Assent to a Decree If a lien instrument contains both a power of sale and an assent to a decree, the lien may be foreclosed pursuant to either.

• Assent to a Decree or Lien Instrument with no Power of Sale or Assent to a Decree An action to foreclose a lien pursuant to an assent to a decree or pursuant to a lien instrument that contains neither a power of sale nor an assent to a decree shall be commenced by filing a complaint to foreclose.

• Upon the occurrence of an Event of Default (as defined in the Lien Instrument), the whole unpaid principal hereof and accrued interest shall, at the option of Lender, to be exercised at any time thereafter, become due and payable at once without notice, notice of the exercise of, and the intent to exercise, such option being hereby expressly waived.

• Tenant acknowledges that, as its consideration for entering into this Agreement, Tenant will benefit by entering into an agreement with Lender concerning Tenant’s relationship with any purchaser or transferee of the Property (including Lender) in the event of foreclosure of the Lien Instrument or a transfer of the Property by deed in lieu of foreclosure (any such purchaser or transferee and each of their respective successors or assigns is hereinafter referred to as “Successor Landlord”).

• If coverage is terminated as a result of other coverage obtained through military service or activation, reinstatement will not be denied, unless the military discharge is less than honorable.

More Definitions of Lien Instrument

Lien Instrument shall have the meaning set forth in Section 4.8(a).

Lien Instrument means (i) Master Lien Instrument Mortgage and Security Agreement dated December 19, 1996 securing the Notes; counterparts of which have been recorded in (a) Official Records Book 8507, page 1224 of the public records of Duval County, Florida; (b) Official Records Book 1969, page 356 of xxx xublic records of Leon County, Florida; (c) Official Records Book 5173, page 333 of txx xublic records of Orange County, Florida; (d) Official Records Book 9559, page 1088 of the public records of Pinellas County, Florida; (e) as Instrument Number GG7415 in the public records of Shelby County, Tennessee and that certain Deed of Trust and Security Agreement dated August 18, 1997 recorded as Instrument Number GV2951 in the public records of Shelby County, Tennessee; (f) Greenville County, South Carolina; (g) El Paso County, Texas; (h) Bexar County, Texas; and (i) Travis County, Texas; and (ii) Master Lien Instrument Mortgage and Xxxxxxty Agreement dated September 2, 1999 securing the Notes, counterparts of which have been recorded (a) in Official Records Book 9409, page 1320 of the public records of Duval County, Florida; (b) in Official Records Book R2295, page 932 xx xhe public records of Leon County, Florida; (c) in Official Records Book 5838, page 71 of xxx public records of Orange County, Florida; (d) in Official Records book 10670, page 1 of the public records of Pinellas County, Florida; (e) as Instrument Number JS4479 in the public records of Shelby County, Tennessee; (f) in the public records of Greenville County, South Carolina; (g) El Paso County, Texas; and (h) Travis County, Texas, and (iii) IDB Deed of Trust and Security Agrexxxxx dated September 2, 1999 executed by The Industrial Development Board of the City of Memphis and County of Shelby and Koger Equity, Inc., securing Notes, recorded as Instrument Number JX 0001 in the public records of Shelby County, Tennessee, and Leasehold Deed of Trust and Security Agreement dated September 2, 1999 executed by Koger Equity, Inc., securing the Notes, recorded as Instrument Numbxx XX 4480 in the public records of Shelby County, Tennessee, as such instruments in (i), (ii) and (iii) may be consolidated, spread, amended, modified, extended or restated from time to time, and (iv) this Security Deed and any other new lien instruments executed and delivered as security for the Notes, as they may be consolidated, spread, amended, modified extended or restated from time to time.

Lien Instrument means any Initial Lien Instrument, as any such instrument may be amended, renewed and restated from time to time; "Lien Instruments" means all of the Initial Lien Instruments, as the same may be amended, renewed and restated from time to time.

Lien Instrument means a mortgage, a deed of trust, a land installment contract, including those defined in Code, Real Property Article §10-101 (b), a contract creating a lien pursuant to Code, Real Property Article, §§14-201 through 14-205, a deed or other instrument reserving a vendor's lien, an instrument creating or authorizing the creation of a lien in favor of a homeowners' association, a condominium council of unit owners, a property owners' association or a community association, a security agreement, and any other instrument creating or authorizing the creation of a lien upon the property.

Lien Instrument means any document (or other instrument) evidencing any Lien securing the Obligations pursuant to any Negotiable Collateral.

Lien Instrument has the meaning set forth in Section 3.9(b).

Lien Instrument or "Mortgage" shall mean that certain Mortgage Modification and Spreader Agreement of even date herewith, executed by Borrower and granting a lien on the Property to Lender, as such instrument may be amended and restated from time to time.