Other Encumbrances definition

Other Encumbrances has the meaning specified clause (5) of Section 7.01.
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Other Encumbrances has the meaning specified in Section 7.01(e).
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Other Encumbrances means any lease, deed restriction, lien, or any other legal encumbrance on the Premises that exists separately from this Agreement. It shall also include the requirements of any other law or regulation concerning construction or land use. This Agreement shall not be construed to modify, supersede, or revoke any other encumbrance on the Premises. “Repayment on a pro rata basis” means a proportional monetary value to be repaid to the Department by the Awardee if the Awardee fails to adhere to the Agreement. The dollar amount to be repaid will be based on the portion of time remaining on the 8-year term stipulated in the Agreement when the wildlife fencing constructed pursuant to this Program is no longer useful because the premises are no longer being retained in agricultural or horticultural production. The amount to be repaid will be calculated as follows: Time Remaining: The total dollar amount of the grant will be multiplied by the portion of time remaining on the 8-year term (e.g., if 6 out of 8 years remain on the term, the amount to be repaid is 75% of the total grant. If the grant was $10,000, the Awardee must repay $7,500). The portion of time remaining on the 8-year term will be based on the number of full calendar months remaining. “Sells the land” or “land is sold” means to dispose of the land in a manner that results in the premises no longer being retained in agricultural or horticultural production. If a tenant applies for and receives matching grants, and the landowner sells the premises, the tenant shall not be required to repay the Division so long as the land is retained in agricultural or horticultural production for the remainder of the eight-year term. If an owner applies for and receives matching grants and sells the premises, the owner shall not be required to repay the Division so long as the land is retained in agricultural or horticultural production for the remainder of the eight-year term.
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Examples of Other Encumbrances in a sentence

  • Any other servicesB4.1 Collateral and Other Encumbrances Management ServiceB4.2 Regulatory Reporting ServiceB4.3 Information Technology (IT) Service c) Ancillary services allowed but not explicitly listed in Section B:C1.

  • Pledgor will, at Pledgor’s sole expense, defend the Collateral against and take such other action as is necessary to remove such Other Encumbrances and defend the right, title and interest of Holder in and to any of Pledgor’s rights to the Collateral, including without limitation any proceeds and products thereof, against the claims and demands of all persons.

  • No Other Encumbrances Other than our pledge described above, PayPal will not pledge, charge, hypothecate, assign or otherwise encumber your Cryptocurrencies.

  • Encumbrances (include only those NOT assumed by purchaser in item 2 above) Mortgages or Liens Other Encumbrances+ Total Encumbrances - 4.

  • On the Closing Date, WorldCom will transfer to AOL or its designee(s) good title to the CompuServe Assets and the CompuServe Online Services Business (except as provided in Section 1.4 in respect of Delayed Assets, if any), free and clear of any Lien or Other Encumbrances which would have a Material Adverse Effect with respect to the CompuServe Online Services Business.

  • All shares shown on such Schedule as owned by AOL have been duly authorized and validly issued, are owned by and registered in the name of AOL, free and clear of all Liens and Other Encumbrances except as shown on Schedule 3.2(b) (all of which Liens or Other Encumbrances shown on such Schedule shall be released and discharged at or prior to the Closing), and are fully paid and non-assessable.

  • Against Additional Prior Lien Obligations and Other Encumbrances; Subordinate Obligations.

  • AOL shall deliver the ANS Shares, at the Closing, to WorldCom (or to CompuServe if directed by WorldCom) free and clear of all Liens and Other Encumbrances.

  • Claims for indemnification pursuant to Sections 11.1(a) (Misrepresentation and Breach of Warranty), to the extent it is based on a breach of Section 3.5 (Mortgages, Security Interests, Liens, and Other Encumbrances of Title), 11.1(b) (Breach of Covenant or Agreement), 11.1(c) (Taxes), and 11.1(f) (Unassumed Liabilities), to the extent it is based on an Absolute Unassumed Liability, shall be paid from the first dollar of Loss.

  • Mortgages, Financing, and Other Encumbrances Qualified Investments...............................................


More Definitions of Other Encumbrances

Other Encumbrances means liens for taxes not yet due and payable that are being contested in good faith.
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Other Encumbrances has the meaning set forth in Section 7.01(5). “Other Taxes” has the meaning set forth in Section 3.01(b).
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Other Encumbrances has the meaning set forth Section 3.16(a). ------------------
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Other Encumbrances means all statutory liens, construction liens, mechanics' liens, builders' liens, other liens, executions, mortgages, charges, and other encumbrances which charge or otherwise affect or could affect the Mortgaged Land but excludes the Mortgage.
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Related to Other Encumbrances

  • Encumbrances means any security interests, liens, claims, pledges, options, rights of first refusal, co-sale rights, agreements, limitations on the Shareholder's voting rights, charges and other encumbrances of any nature (other than any encumbrances created by this Agreement or arising under applicable federal and state securities laws).

  • Permitted Encumbrances means:

  • Permitted Liens means, with respect to any Person:

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

  • Encumbrance means any security interest, pledge, mortgage, lien (including, without limitation, environmental and tax liens), charge, encumbrance, adverse claim, preferential arrangement or restriction of any kind, including, without limitation, any restriction on the use, voting, transfer, receipt of income or other exercise of any attributes of ownership.

  • Environmental Liens shall have the meaning set forth in Section 12.5 hereof.

  • Impositions means, collectively, all taxes (including, without limitation, all taxes imposed under the laws of any State, as such laws may be amended from time to time, and all ad valorem, sales and use, or similar taxes as the same relate to or are imposed upon Landlord, Tenant or the business conducted upon the Leased Property), assessments (including, without limitation, all assessments for public improvements or benefit, whether or not commenced or completed prior to the date hereof), ground rents (including any minimum rent under any ground lease, and any additional rent or charges thereunder), water, sewer or other rents and charges, excises, tax levies, fees (including, without limitation, license, permit, inspection, authorization and similar fees), and all other governmental charges, in each case whether general or special, ordinary or extraordinary, foreseen or unforeseen, of every character in respect of the Leased Property or the business conducted thereon by Tenant (including all interest and penalties thereon due to any failure in payment by Tenant), which at any time prior to, during or in respect of the Term hereof may be assessed or imposed on or in respect of or be a lien upon (a) Landlord’s interest in the Leased Property, (b) the Leased Property or any part thereof or any rent therefrom or any estate, right, title or interest therein, or (c) any occupancy, operation, use or possession of, or sales from, or activity conducted on, or in connection with the Leased Property or the leasing or use of the Leased Property or any part thereof by Tenant; provided, however, that nothing contained herein shall be construed to require Tenant to pay and the term “Impositions” shall not include (i) any tax based on net income imposed on Landlord, (ii) any net revenue tax of Landlord, (iii) any transfer fee (but excluding any mortgage or similar tax payable in connection with a Facility Mortgage) or other tax imposed with respect to the sale, exchange or other disposition by Landlord of the Leased Property or the proceeds thereof, (iv) any single business, gross receipts tax, transaction privilege, rent or similar taxes as the same relate to or are imposed upon Landlord, (v) any interest or penalties imposed on Landlord as a result of the failure of Landlord to file any return or report timely and in the form prescribed by law or to pay any tax or imposition, except to the extent such failure is a result of a breach by Tenant of its obligations pursuant to Section 3.1.3, (vi) any impositions imposed on Landlord that are a result of Landlord not being considered a “United States person” as defined in Section 7701(a)(30) of the Code, (vii) any impositions that are enacted or adopted by their express terms as a substitute for any tax that would not have been payable by Tenant pursuant to the terms of this Agreement or (viii) any impositions imposed as a result of a breach of covenant or representation by Landlord in any agreement governing Landlord’s conduct or operation or as a result of the negligence or willful misconduct of Landlord.

  • Encroachment means the advance or infringement of uses, fill, excavation, buildings, structures or development into a floodplain, which may impede or alter the flow capacity of a floodplain.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Mortgages means, individually and collectively, one or more mortgages, deeds of trust, or deeds to secure debt, executed and delivered by Parent or its Subsidiaries in favor of Agent, in form and substance reasonably satisfactory to Agent, that encumber the Real Property Collateral.

  • Lien means any mortgage, pledge, security interest, encumbrance, lien or charge of any kind (including any conditional sale or other title retention agreement or lease in the nature thereof).