Liens definition
Examples of Liens in a sentence
Any such release shall not in any manner discharge, affect, or impair the Obligations or any Liens (other than those being released) upon (or obligations (other than those being released) of the Loan Parties in respect of) all interests retained by the Loan Parties, including the proceeds of any sale, all of which shall continue to constitute part of the Collateral except to the extent otherwise released in accordance with the provisions of the Loan Documents.
The Titling Trust has good and marketable title to such 2026-A Lease and 2026-A Vehicle, free and clear of any Liens (other than Permitted Liens), participations and rights of others, including, to the knowledge of the Servicer, Liens (other than Permitted Liens) or claims for work, labor or material relating to such 2026-A Vehicle.
Each Lender and each Secured Party (a) hereby agrees that it will be bound by the provisions of the Customary Intercreditor Agreement as if it were a signatory thereto and will take no actions contrary to the provisions of the Customary Intercreditor Agreement and (b) hereby authorizes and instructs the Administrative Agent and/or Collateral Agent to enter into the Customary Intercreditor Agreement and to subject the Liens on the Collateral securing the Obligations to the provisions thereof.
Without implying any limitation upon the generality of §8.2, the Borrower will not, and will not permit any other Person to, create or incur lien, encumbrance, mortgage, pledge, negative pledge, restriction or other security interest of any kind upon any Collateral Pool Property or any property relating thereto described in any Mortgage (whether now owned or hereafter acquired), except for Permitted Liens with respect to such Collateral Pool Properties.
Release of Collateral and Guaranty; Subordination of Liens 225234 Section 10.21.