Examples of Monetary Encumbrances in a sentence

County shall cause all such Monetary Encumbrances, if any, to be removed prior to or in conjunction with the Closing and they shall not appear as exceptions to coverage in the Title Policy issued to Developer at Closing.
Any Existing Title Exceptions to which the Purchaser does not object within the 30-day period provided herein (other than Monetary Encumbrances) shall become Permitted Title Exceptions at the end of such 30-day period.
If the amount of Monetary Encumbrances exceeds the balance of the Purchase Price, the City may pay such additional amounts as are necessary to discharge same.
If the City does undertake to remedy the title defect(s) the City shall be entitled to postpone the Closing Date for a reasonable period of time in order to effectuate such remedy, or in the case of Monetary Encumbrances, to elect to apply any portion of the Purchase Price to pay and satisfy those items.
On April 20, 2015, the manager and BMO Trust Company, as trustee, appointed BMO Asset Management Corp.

More Definitions of Monetary Encumbrances

Monetary Encumbrances means monetary Encumbrances, including, without limitation, all mortgages or other monetary encumbrances of record that are not disclosed by the Seller Disclosure Letter or other exhibits to this Agreement as they relate to such Seller (other than Taxes and assessments and the Encumbrances created or suffered by Buyer pursuant to such Taxes or assessments ) which are unpaid and liquidated. For purposes of the definition of "Monetary Encumbrances," an Encumbrance is "liquidated" only if it is fixed either by agreement of a Seller and the party asserting the Encumbrance or by operation of Law.

Monetary Encumbrances means all (a) deeds of trust or mortgages, assignments of leases, negative pledges, pledge agreements, financing statements, and other similar financing items encumbering the Property or the outstanding equity interests of any of the Companies, (b) judgment liens against any Company or any of their respective Affiliates which encumber all or any portion of the Property, and (c) any mechanics or similar liens encumbering the Property, excluding those mechanics or similar liens filed in connection with capital projects which are still in progress.

Monetary Encumbrances as defined in Section 4.2.2.

Monetary Encumbrances means mortgages, deeds of trust, and other encumbrances securing an obligation to pay money which arise through or under actions undertaken by Contributor; provided, however, that Monetary Encumbrances shall not include property taxes, assessments, or special taxes for the year in which the Closing occurs and common area maintenance charges, if any, which are not yet due and payable.

Monetary Encumbrances. This term shall have the meaning ascribed to it in Section 7.03 below.

Monetary Encumbrances means mortgages, deeds of trust, and other encumbrances securing an obligation to pay money; provided, however, that Monetary Encumbrances shall not include property taxes (other than special assessments) for the year in which Closing occurs and common area maintenance charges, if any, which are not yet due and payable. Sellers and Purchaser agree that property taxes (other than special assessments) for the year in which the Closing occurs and common area maintenance charges, if any, which are not yet due and payable shall be prorated in accordance with the provisions of Section 7.D below. At least five (5) days prior to the Closing Date, Sellers shall provide to Escrow Agent a payoff letter from each lender holding a debt secured by a lien or other security interest in such Property.

Monetary Encumbrances means any mortgage, judgment, lien or other encumbrance to the Additional Property that can be satisfied by payment of a liquidated amount.