Unencumbered Owner definition
Unencumbered Owner means, as of any date, any owner of one or more of the then-current Unencumbered Projects.
Examples of Unencumbered Owner in a sentence
The Borrower shall procure that each Owner and each Unencumbered Owner shall comply with the ISM Code and the ISPS Code and notify the Lender in writing in the event that either the Document of Compliance and Safety Management Certificate is withdrawn, cancelled or suspended.
LENDINGTECH Shall be the Sole and Unencumbered Owner of All of Its Assets Utilized by It in its Mortgage Brokerage Business.