Lien Instrument definition

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

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

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.

Examples of Lien Instrument in a sentence

The application of proceeds described herein shall not apply to any proceeds which may be realized by Lender with respect to any of the Mortgaged Property following a foreclosure (or foreclosures) of the Lien Instrument.
All amounts so expended by Lender shall be deemed to have been disbursed to Borrower as Loan proceeds and secured by the Lien Instrument.
The parties acknowledge that certain actions taken under each Lien Instrument and each Absolute Assignment shall be governed by the State of the Property encumbered by such Lien Instrument and Absolute Assignment, respectively, and that such actions must be brought within said State.
Notwithstanding anything to the contrary contained in this Second Deed of Trust, the terms and provisions of this Second Deed of Trust and the lien created hereby shall be subject and subordinate to the terms and provisions of the First Lien Instrument, the lien created thereby and all modifications and supplements thereto.
Borrower and Lender agree that the Lien Instrument shall be recorded in the real property records of the county or counties where all or any part of the Mortgaged Property is located.

More Definitions of Lien Instrument

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

Lien Instrument means a mortgage, deed of trust, deed to secure debt or other lien instrument executed by ▇▇▇▇▇▇▇▇ or a Subsidiary of Borrower in favor of Agent, in form and substance reasonably satisfactory to Agent, that encumbers any real property collateral.

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

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 ▇▇▇ ▇ublic records of Leon County, Florida; (c) Official Records Book 5173, page 333 of t▇▇ ▇ublic 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 ▇▇▇▇▇▇ty 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 ▇▇ ▇he public records of Leon County, Florida; (c) in Official Records Book 5838, page 71 of ▇▇▇ 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 Agre▇▇▇▇▇ 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 J▇ ▇▇▇1 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 Numb▇▇ ▇▇ 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 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.