Statutory Lien definition

Statutory Lien. ’ means liens created by K.S.A. 2-1319, 2-2608, 2-3007, 34-239, 47-836, 58-201, 58-203, 58-204, 58-207, 58-218, 58-220, 58-221, 58-241, 58-242, 58-2524, 58-2525, 58-2526, 58-2527, 58-2528 and 84-7-209, and amendments thereto.
Statutory Lien means a Lien in respect of any property or assets of a Company created by or arising pursuant to any Applicable Law in favour of any Governmental Authority to secure any obligation, including a Lien for the purpose of securing such Company's obligation to deduct and remit employee source deductions, goods and services tax and harmonized sales tax pursuant to the Income Tax Act (Canada), the Excise Tax Act (Canada), the Canada Pension Plan (Canada), the Employment Insurance Act (Canada) and any legislation in any jurisdiction similar to or enacted in replacement of the foregoing from time to time.
Statutory Lien. ’ means lien arising sole- ly by force of a statute on specified circum- stances or conditions, or lien of distress for rent, whether or not statutory, but does not include security interest or judicial lien, whether or not such interest or lien is pro- vided by or is dependent on a statute and whether or not such interest or lien is made fully effective by statute;

Examples of Statutory Lien in a sentence

  • Statutory lien for liability insuranceIn relation to liability insurance, those damaged by covered accidents are entitled to obtain a lien over claims for insurance reimbursements.

  • Statutory lien for lodging at hotels shall exist with respect to the hand luggage of a hotel guest left at that hotel, in connection with room charges, and food and beverage charges, that should be borne by the hotel guest.

  • The Connecticut Statutory lien waiver form should be used for each sub-contractor.

  • Statutory lien and/or pledge will allow ACU to apply the funds in my account(s) to what I owe when I am in default.

  • Pursuant to § 441 HGB the carrier has a Pfandrecht (Statutory lien) over the cargo in support of his claims under the contract of carriage.


More Definitions of Statutory Lien

Statutory Lien means the Lien on the Phase-In-Recovery Property created by Section 4928.2312 of the Statute and the Financing Order.
Statutory Lien means the right granted by section 107(11) of the Fed- eral Credit Union Act, 12 U.S.C. 1757(11), to a federal credit union to es- tablish a right in or claim to a mem- ber’s shares and dividends equal to the amount of that member’s outstanding financial obligation to the credit union, as that amount varies from time to time.
Statutory Lien means a lien arising by force of a statute, but does not include a security interest or a judicial lien.
Statutory Lien means a Lien in respect of any Property a Credit Party created by or arising pursuant to any applicable legislation in favour of any Person (such as but not limited to a Governmental Authority), including, without limitation, a Lien for the purpose of securing such Credit Party's obligation to deduct and remit employee source deductions and goods and services tax pursuant to the Income Tax Act (Canada), the Excise Tax Act (Canada), the Canada Pension Plan (Canada), the Employment Insurance Act (Canada) and any legislation in any jurisdiction similar to or enacted in replacement of the foregoing from time to time.
Statutory Lien means a lien on property created by a statute providing for foreclosure in the manner specified for the foreclosure of mortgages, including a lien created pursuant to Code, Real Property Article, §8-402.3 (d).
Statutory Lien means a statutory lien vested in the Authority under section 89;
Statutory Lien means a Lien or other right in respect of any property or assets of the Canadian Borrower or any Restricted Subsidiary created by or arising pursuant to any applicable legislation (including without limitation the Bankruptcy and Insolvency Act (Canada), the Income Tax Act (Canada), the Excise Tax Act (Canada), the Canada Pension Plan (Canada), the Employment Insurance Act (Canada) and any legislation in any jurisdiction similar to or enacted in replacement of the foregoing from time to time) and for greater certainty specifically includes a Lien which secures obligations of the Canadian Borrower or a Restricted Subsidiary in respect of employee wages and vacation pay.