Examples of Liens in a sentence
Not create or suffer to exist any Lien upon or with respect to any of the funds or accounts created under the Ordinance except the Liens specifically permitted under the Ordinance and this Agreement.
The Shares are duly authorized and, when issued and paid for in accordance with this Agreement, will be duly and validly issued, fully paid and nonassessable, free and clear of all Liens imposed by the Company.
The City has good marketable title to all of the Security free and clear of all security interests, Liens or other charges except the security interest, Liens or charges granted or permitted under the Ordinance.
The Bonds purchased pursuant to Article Two will be transferred to or held for the benefit of the Bank, free and clear of all Liens, security interests or claims of any Person other than the Bank, except for consensual Liens or other security interests as may be created by the Bank.
The failure by the City, however, to promptly give the Bank such statements or schedules shall not affect, diminish, modify or otherwise limit the Liens on the Security granted pursuant to the Related Documents.