Lien on Property Sample Clauses

Lien on Property. If the Rents, payments, income and proceeds from the Property are insufficient to reimburse Lender for any expenses incurred by Lender pursuant to this Assignment, any unpaid disbursements shall be a lien on the Property with priority equal to the lien of the Security Instrument.
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Lien on Property. The Mortgage is a valid and subsisting perfected first lien and security interest on the Property described in it, and the Property is free and clear of all encumbrances and liens having priority over it except for (i) liens for real estate taxes, and liens for special assessments, that are not yet due and payable, (ii) covenants, conditions and restrictions, rights of way, easements and other matters of the public record as of the date of recording, acceptable to mortgage lending institutions generally and (iii) other matters to which like properties are commonly subject which do not materially interfere with the benefits of the security intended to be provided by the Mortgage or the use, enjoyment, value or marketability of the related Property.
Lien on Property. Customer grants PROBOX a lien on the contents of Customer’s Unit(s) for rent and other charges becoming due under this Agreement. If Customer does not pay fees and charges when due, PROBOX may take the following actions:
Lien on Property. The Mortgage is a valid and subsisting perfected first lien and security interest on the Property described in it, and the Property is free and clear of all encumbrances and liens having priority over it except for liens for real estate taxes, and liens for special assessments, that are not yet due and payable.
Lien on Property. In the event of a default by Tenant, as set forth in Section 7 above, the Landlord shall have a special lien upon the property of the Tenant located in or on the Premises as security for any moneys due the Landlord under the terms of this Lease, including rent for the unexpired term.
Lien on Property. Upon recordation in the official records of Brevard County, this Notice of Assessment for Educational Facilities Impact Fees shall be a Lien for the balance of the Educational Impact Fees against the Property. This Notice of Assessment runs with the land and creates an obligation on behalf of the Developer and is binding on the successors and assigns of the Developer.
Lien on Property. Any Lien shall encumber any Property other than (i) a Permitted Encumbrance or (ii) an involuntary Lien that is specially covered under Sections 8.8 or 8.9.
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Lien on Property. As security for payments of any sum due or to become due us under the terms of this Agreement, we shall have the right, if necessary, to retain possession of, and shall have a lien on all property owned by you and in our possession, and all work in process and undelivered work.
Lien on Property. Any amounts which remain payable under this Agreement shall become a lien on the Property, and such lien shall be enforceable against the Property in the event that any payment owing hereunder is not timely made in accordance with this Agreement.
Lien on Property. Carrier shall have a possessory lien and general lien on any and all property (and documents relating thereto) of Customer, in its actual or constructive possession, custody or control or en route, for all amounts owing to Carrier by Customer, consignor, consignee or owner of the cargo, whether due or not, in connection with any shipments of Customer or storage of goods on behalf of Customer or a consignee, even if previously delivered by Carrier. If such claim remains unsatisfied for thirty (30) days after demand for its payment is made by any means of communication reasonable in the circumstances, Carrier may sell, upon ten (10) days written notice, sent by any means of communication reasonable in the circumstances, the goods, wares and/or merchandise, or so much thereof as may be necessary to satisfy such lien, and apply the net proceeds of such sale to the payment of the amount due to Carrier. Any surplus from such sale shall be transmitted to Customer, and Customer shall be liable for any deficiency in the sale.
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