Other Permitted Encumbrances Sample Clauses

Other Permitted Encumbrances. Platting of the Land in accordance with applicable law. All Permitted Encumbrances, other than those described in clauses (1) through (7) of the definition of such term, must be approved by AGM.
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Other Permitted Encumbrances. Platting of the Land in accordance with applicable law. All Permitted Encumbrances, other than those described in clauses (1) through (7) of the definition of such term, must be approved by AGM. [14. Section 5.08(c) and (d) of the Master Lease Agreement Not Applicable. Notwithstanding the provisions set forth in Sections 5.08(c) and (d) of the Master Lease Agreement, after July 1, 2011, the Board may elect not to repair, restore or replace the Series 2000 Project or any portion thereof which has been destroyed, damaged or lost or condemned, with the Net Proceeds of any insurance or condemnation award, by filing a certificate with the Trustee for the Series 2011A Certificates stating that (i) the Board has made such an election and (ii) it is not in the best interests of the Board to repair, restore or replace such Series 2000 Project or portion thereof. Upon such an election, if the Net Proceeds are not greater than the amount of the Lease Payments coming due in the immediately following fiscal year under Second Amended and Restated Lease Schedule No. 2000, then such amounts shall be used first, to pay the Interest Component of the Series 2011A Certificates for the next two interest Payment Dates and then to pay the Principal Component next coming due. In the event the Net Proceeds are greater than the amount of the Lease Payments coming due under Second Amended and Restated Lease Schedule Lease Schedule No. 2000 in the immediately following fiscal year, at the option of the Board, the Board shall apply the Net Proceeds of such insurance or condemnation award to (i) the acquisition, construction and installation of other Land and/or Buildings to be used for educational purposes that will be subject to this Second Amended and Restated Lease Schedule No. 2000 or (ii) upon receipt of an approving opinion of Special Counsel, to the Series 2011A Subaccount of the Interest Account, or Series 2011A Subaccount of the Principal Account, as applicable, to be credited against the payments next due to such accounts or subaccounts. The provisions of Section 5.08(d) of the Master Lease Agreement shall not apply to the Series 2000 Project.]
Other Permitted Encumbrances. Those encumbrances set forth in the title policies delivered in connection with any Project component site.
Other Permitted Encumbrances. (i) Machinery and equipment located in Mexico which is not subject to the Security Interest of Agent and Lenders in accordance with Section 3.1 of the Agreement may be subject to a security interest or other consensual lien in favor of a lender providing separate equipment financing to Debtor, provided the indebtedness secured by such lien is permitted by Item 23(ii) of this Schedule.
Other Permitted Encumbrances. All of the Borrower's and each Active Subsidiary's Real Property is listed on Schedule 4.12 hereto.
Other Permitted Encumbrances. Borrower also shall defend, and shall cause each of the other Credit Parties to defend, the right, title and interest of Lender and Borrower's or such other Credit Party's rights, titles and interest in, to and under the Collateral and the Proceeds thereof against the claims and demands of all Persons whomsoever.
Other Permitted Encumbrances. Those encumbrances set forth in the title policies delivered in connection with any Series 2010A Project site.
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Related to Other Permitted Encumbrances

  • Permitted Encumbrances The term “Permitted Encumbrances” shall mean:

  • Liens and Encumbrances The Company shall not directly or indirectly make, create, incur, assume or permit to exist any assignment, transfer, pledge, mortgage, security interest or other lien or encumbrance of any nature in, to or against any part of the Pledged Property or of the Company's capital stock, or offer or agree to do so, or own or acquire or agree to acquire any asset or property of any character subject to any of the foregoing encumbrances (including any conditional sale contract or other title retention agreement), or assign, pledge or in any way transfer or encumber its right to receive any income or other distribution or proceeds from any part of the Pledged Property or the Company's capital stock; or enter into any sale-leaseback financing respecting any part of the Pledged Property as lessee, or cause or assist the inception or continuation of any of the foregoing.

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