Statutory Encumbrances definition
Statutory Encumbrances means any Encumbrances arising by operation of Applicable Laws, including, without limitation, for carriers, warehousemen, repairers’, taxes, assessments, statutory obligations and government charges and levies for amounts not yet due and payable or which may be past due but which are being contested in good faith by appropriate proceedings (and as to which there are no other enforcement proceedings or they shall have been effectively stayed).
Statutory Encumbrances includes all rights that any authority or entity may have under any law about any type of infrastructure or works howsoever described (including any infrastructure for sewerage, drainage, water supply, energy or other services) located above on or under the surface of the Property, and all restrictions upon the owner or occupier of the Property from interfering with damaging or preventing access to any such infrastructure.”
Statutory Encumbrances means any Encumbrances arising by operation of Applicable Laws, including, without limitation, for carriers, warehousemen, repairers', taxes, assessments, statutory obligations and government charges and levies for amounts not yet due and payable or which may be past due but which are being contested in good faith by appropriate proceedings (and as to which there are no other enforcement proceedings or they shall have been effectively stayed). Words importing the singular include the plural thereof and vice versa and words importing gender include the masculine, feminine and neuter genders.
Examples of Statutory Encumbrances in a sentence
No Yes, listed below: The Seller discloses that any Statutory Encumbrances which affect the Property will remain after settlement.
The Property is sold and the Premises are leased: subject to any reservations or conditions on the title or the original deed of grant; and free of all Encumbrances other than: those disclosed in Item 6; and any administrative advice that may be registered on the title; and Statutory Encumbrances.