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 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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Examples of Other Encumbrances in a sentence

  • Vinodhini Company Secretary and Compliance Officer, be and is hereby appointed as the Compliance Officer for the Buyback.

  • 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.

  • 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.

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

  • 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.

  • 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.

  • 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.

  • Following the consummation of the transactions contemplated hereby, ANS and each ANS Entity will own, free and clear of all Liens or Other Encumbrances, or have the exclusive right to use, sell, license or dispose of or otherwise will have sufficient rights to use, ANS Rights, except for failures to own free and clear, license to use or otherwise have sufficient rights to use as would not have a Material Adverse Effect.

  • Debtor will, at Debtor'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 Secured Party in and to any of Debtor's rights to the Collateral, including without limitation any proceeds and products thereof, against the claims and demands of all persons other than the holder of Permitted Liens.

  • Studies that have established a positive relationship (complementarity) between leases and debt include; Ang and Peterson (1984), Finucane (1988), Lasfer and Levis (1998), Filareto-Deghaye and Severin (2007), Malik, Saeed, Ahmed and Javed (2012), Landry, Fortin and Callimaci (2013), Cotei and Farhat (2015), Ambrose, Emmerling, Huang and Yildirim (2018), Jaszczuk, Bialek-Jaworska, Opolski, Sylwestrzak and Trzpiola (2018).


More Definitions of Other Encumbrances

Other Encumbrances has the meaning set forth Section 3.16(a). ------------------
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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 means liens for taxes not yet due and payable that are being contested in good faith.
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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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Related to Other Encumbrances

  • Encumbrances means any mortgages, pledges, liens, security interests, conditional and installment sale agreements, activity and use limitations, conservation easements, deed restrictions, encumbrances and charges of any kind.

  • Permitted Encumbrances means:

  • Blanket encumbrance means a trust deed or mortgage or any other lien or encumbrance,

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Permitted Encumbrance means, with respect to any Mortgaged Property, such exceptions to title as are set forth in the Mortgage Policy delivered with respect thereto, all of which exceptions must be acceptable to the Administrative Agent in its reasonable discretion.