M&M Liens definition

M&M Liens means mechanics’, materialmen’s, repairmen’s or similar Liens created under any contract or existing under any applicable law and affecting any Property.
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M&M Liens means Liens on the assets of M&M securing Indebtedness of M&M assumed in connection with the M&M Acquisition; PROVIDED that such Liens do not apply to any Property of the Borrower or its Subsidiaries other than Property of M&M.
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M&M Liens means the mechanics’, materialmens’, workmens’, and repairmens’ Liens and other similar Liens and encumbrances arising under state law, including any Liens filed, asserted, or held by General Contractors and Subcontractors, encumbering any real property owned or leased by any Debtor, regardless of whether a Proof of Claim has been filed relating to such Liens, which Liens and encumbrances (i) may be determined to be validly perfected prepetition or may be deemed to be validly perfected prepetition pursuant to applicable state laws permitting relation back, in each case, if the applicable lienholder complied with the state law procedures required to perfect the same and (ii) allegedly satisfy the requirements of Bankruptcy Code section 546(b).
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Examples of M&M Liens in a sentence

  • Lender has agreed that Borrower may cause the Phase I M&M Liens to be insured around under the Title Insurance as a resolution of these Phase I M&M Liens until such time as Borrower resolves its dispute with the Phase I Contractor.

  • As of the Effective Date, none of the properties and assets of any Credit Party are subject to any Liens other than Permitted Encumbrances and the M&M Liens, and there are no facts, circumstances or conditions known to any Credit Party that may result in any Liens (including Liens arising under Environmental Laws) other than Permitted Encumbrances.

  • The December Payment shall be applied first against all legal fees and expenses incurred by Schlumberger as a result of Cheniere's breach of the Subject Contracts, including those incurred in connection with (i) the preparation of the Subject M&M Liens, and (ii) negotiation and drafting of this Agreement and the various documents provided for herein.

  • The applicable Debtor that owns or leases the real property encumbered by the M&M Liens which secure the M&M Lien Secured Claim (such Debtor, the “Issuer”), in each case, as set forth on Exhibit I attached to the Plan.

  • Prior to the occurrence of an Event of Default, Schlumberger shall not (i) take any action to foreclose the Subject M&M Liens, (ii) amend the Subject M&M Liens to name working interest owners in addition to Cheniere, or (iii) file any suit or action against Cheniere to collect the indebtedness.

  • M&M Liens: Concurrently with the Bankruptcy Court’s approval of the DIP RCF Facility, CTCI Americas, Inc.

  • The Subject M&M Liens are valid, properly perfected and encumber Cheniere's interest in the property described therein.

  • Each Obligation shall be secured by the M&M Liens in favor of the Debt Holder that encumber the applicable property (the “Collateral”).

  • Tenant shall cause (i) any M&M Lien(s) filed by a Derivative Claimant and not released or caused to be released by a Payment Bond for Derivative Claims, (ii) any M&M Lien claim asserted by a Direct Contractor, as well as (iii) any M&M Lien and Other M&M ▇▇▇▇ filed against Landlord under §2253.027 of the Texas Government Code (“Claim(s) Against Landlord”) to be discharged of record by October 31, 2017.

  • Tenant shall cause (i) any M&M Lien(s) filed by a Derivative Claimant and not released or caused to be released by a Payment Bond for Derivative Claims, (ii) any M&M Lien claim asserted by a Direct Contractor, as well as (iii) any M&M Lien and Other M&M ▇▇▇▇ filed against Landlord under §2253.027 of the Texas Government Code (“Claim(s) Against Landlord”) to be discharged of record by August 19, 2018.

Related to M&M Liens

  • Permitted Liens means, with respect to any Person:

  • Existing Liens means Liens on the property or assets of the Company and/or any of its Subsidiaries existing on the date of this Indenture securing Indebtedness of the Company or any of its Subsidiaries (other than Liens incurred pursuant to clause (1) of Section 4.07 hereof).

  • Seller Liens shall have the meaning set forth in Section 4.3.

  • Prior Liens means Liens which, pursuant to the provisions of any Security Document, are or may be superior to the Lien of such Security Document.

  • Liens means a lien, charge, pledge, security interest, encumbrance, right of first refusal, preemptive right or other restriction.