ENCUMBRANCES AND LIENS. The Contractor shall not cause or permit any lien, attachment or other encumbrance by any person to be placed on file or to remain on file in any public office or on file with UNDP against any monies due to the Contractor or that may become due for any work done or against any goods supplied or materials furnished under the Contract, or by reason of any other claim or demand against the Contractor or UNDP.
ENCUMBRANCES AND LIENS. Borrower will not create, assume or suffer to exist any mortgage, pledge, security interest, encumbrance, or lien (other than for taxes not delinquent and for taxes and other items being contested in good faith) on property of any kind, whether real, personal or mixed, now owned or hereafter acquired, or upon the income or profits thereof, except to Bank and except for minor encumbrances and easements on real property which do not affect its market value, and except for existing liens on Borrower's personal property and future purchase money security interests encumbering only the personal property purchased.
ENCUMBRANCES AND LIENS. The Innovator shall not cause or permit any lien, attachment or other encumbrance by any person to be placed on file or to remain on file in any public office or on file with UNDP against any monies due to the Innovator or that may become due for any work done or against any goods supplied or materials furnished under the Agreement, or by reason of any other claim or demand against the Innovator or UNDP.
ENCUMBRANCES AND LIENS. The Cooperating Entity/Contractor shall not cause or permit any lien, attachment or other encumbrance by any person to be placed on file or to remain on file in any public office or on file with the United Nations and UN-Habitat against any monies due or to become due for any work done or materials furnished under this Agreement/Contract, or by reason of any other claim or demand against the Cooperating Entity/Contractor or the United Nations.
ENCUMBRANCES AND LIENS. The Borrower will not, and will not permit ---------------------- any Subsidiary to, create, assume or suffer to exist any Lien (other than for taxes not delinquent and for taxes being contested in good faith) on Property of any kind, whether real, personal or mixed, now owned or hereafter acquired, or upon the income or profits thereof, except for (i) minor encumbrances and easements on real property which do not materially affect its market value; (ii) future purchase money security interests encumbering only the property purchased; (iii) statutory liens of bankers, carriers, warehousemen, mechanics, materialmen, and other similar Liens imposed by law, which are incurred in the ordinary course of business for sums not more than 30 days delinquent or which are being contested in good faith by appropriate proceedings; (iv) deposits made in the ordinary course of business to secure liability to insurance carriers; (v) attachment and judgment Liens securing claims less than $1,000,000 in the aggregate (excluding for purposes of said calculation any such Liens for which execution has been stayed, payment is covered in full by insurance, or the Borrower is prosecuting an appeal in good faith by appropriate proceedings); and (vi) monetary obligations of the Borrower under any leasing or similar arrangement which, in accordance with Agreement Accounting Principles, is classified as a Capitalized Lease. Notwithstanding the foregoing: (i) the Borrower shall not (and shall not permit any Subsidiary to) at any time encumber any real property with a purchase money security interest if (A) immediately after giving effect to such encumbrances, the purchase money Debt secured by said encumbrance will exceed 75% of the fair market value of the Property encumbered by the encumbrance or (B) immediately after giving effect to such encumbrance, the aggregate Debt of the Borrower secured by purchase money security interests in real property will exceed 5% of total assets of the Borrower and its Subsidiaries on a consolidated basis; and (ii) the Borrower shall not at any time encumber its Property with an additional Lien or encumbrance if, immediately after giving effect to such encumbrance, the Borrower would be required to file an SEC Report.
ENCUMBRANCES AND LIENS. A. The fee interest in the Leased Premises may not be encumbered by the Lessee for any purpose.
ENCUMBRANCES AND LIENS. Except with written consent of all Co-Owners, no Co-Owner shall mortgage, pledge, or otherwise encumber her or its interest in the Property or permit any lien (other than a lien for property taxes and assessments that are due and payable but not delinquent) to attach to the Property or such Co-Owner’s interest in the Property. For purposes of this Agreement, a lien includes a mechanics lien. If any lien shall at any time so attach, the Co-Owner responsible therefor shall cause the lien to be discharged within thirty (30) days after notice of the filing thereof at her or its sole expense.
ENCUMBRANCES AND LIENS. The City shall not place or allow to be placed on the Property, or any portion thereof, from and after the Effective Date of this Agreement and while owned by the City, any mortgage, trust deed, encumbrance, lien, lease, easement, covenant, restriction or other matter affecting title, or sell or grant any rights to the Property or any portion of the Property. During its ownership of the Conveyed Property, the Developer shall remove or shall have removed, any levy or attachment made on the Property, or any portion thereof, except for those related to the work of the Developer and any Mortgage. Developer acknowledges and agrees the BSRA and Restrictive Covenant are current encumbrances on the Property and may be amended and recorded as an encumbrance against the Property in accordance with their terms and applicable law.
ENCUMBRANCES AND LIENS. Neither CONTRACTOR nor anyone claiming by, through, or under CONTRACTOR shall have the right to file or place any mechanic’s lien or any other lien of any kind or character whatsoever, upon the Golf Course, including any facility therein or improvement thereon, and notice is given that no contractor, subcontractor, or anyone else who may furnish any material, service, or labor for any improvements, alterations, repairs, or any part thereof shall at any time be or become entitled to any lien thereon, and for the further security of CITY, CONTRACTOR covenants and agrees to give actual notice thereof in advance to any and all contractors and subcontractors who may furnish or agree to furnish any such material or labor.
ENCUMBRANCES AND LIENS. The Company will not, nor will it permit any of its Subsidiaries to, create, assume or suffer to exist, any Liens on any or all of its property, real, personal or mixed, whether now owned or hereafter acquired (it being understood that nothing herein shall be construed as prohibiting the Company from subsequently creating Liens by the refinancing of obligations which were previously secured by Liens permitted hereunder); except:
