Seller's Lien definition
Seller's Lien means a Security Interest created over or in respect of the Aircraft by or through the Seller or its affiliates (other than (i) the Lease and the rights of the Lessee under the Lease and (ii) the Residual Security);
Seller's Lien means any Lien other than a Permitted Lien that is placed on the Real Property or Personal Property after the date of this Agreement by Parent or any of its Affiliates in violation of Section 5.01(b)(i).
Seller's Lien means a lien created over or in respect of the Aircraft by or through the Seller or its affiliates (other than the Lease); "Tax" has the meaning given to such term in the Lease; "Total Loss" has the meaning given to such term in the Lease; and "Trust Agreement" means the trust agreement dated 24 October 2010 and entered into between the Seller as owner trustee and AerLift Leasing Isle of Man 1 Ltd. as trustor, as assigned to and assumed by the Owner Participant by a trust assignment and assumption agreement dated 6 June 2013 and as further amended or otherwise modified from time to time.
Examples of Seller's Lien in a sentence
In order to secure the Buyer's undertaking to obtain the CCC Release, as of the Closing Date, the Buyer shall grant to CCC a first priority security interest (the "Sellers Lien") in certain of the Securities and other property as described in, and pursuant to, a Pledge and Security Agreement in substantially the form attached hereto as Exhibit A (the "Security Agreement").
More Definitions of Seller's Lien
Seller's Lien shall have the meaning set forth in Section 4.1(b).
Seller's Lien means a Security Interest created over or in respect of the Aircraft by or through the Seller or its affiliates (other than (i) the Lease and the rights of the Lessee under the Lease and (ii) the Residual Security); "Tax" or "Taxes" includes all present and future taxes, levies, imposts, duties, fees or charges of whatever nature and howsoever described, including any value added or similar tax, imposed, levied, collected or assessed by any Government Entity or taxing authority anywhere in the world together with interest payable in respect of any of the same and penalties imposed or levied in respect of any of the same; and "Total Loss" has the meaning given to the term "Event of Loss" in the Lease.
Seller's Lien means a lien created over or in respect of the Aircraft by or through the Seller or its affiliates (other than the Lease);
Seller's Lien means any Encumbrance created, or permitted to arise or subsist, by the Lender prior to Delivery or which arises as out of or as a result of: