Charge/Lien Sample Clauses

Charge/Lien. The Promoter shall have first charge and/or lien over the said Apartment for all amounts due and payable by the Allottee to the Promoter provided however if the said Apartment is purchased with assistance of a financial institution, then such charge/lien of the Promoter shall stand extinguished on the financial institution provided all dues payable to the Promoter are cleared by the Allottee and/or such financial institution.
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Charge/Lien. The Owner/Developer shall have first charge and/or lien over the said Apartment for all amounts due and payable by the Allottee to the Owners/Developer provided however, if the said Apartment is purchased with assistance of a financial institution, then such charge / lien of the Owners/Developer shall stand extinguished on the financial institution provided all dues payable to the Owners/Developer are cleared by the Allottee and/or such financial institution.
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Charge/Lien. The Developer shall have first charge and/or lien over the said Apartment for all amounts due and payable by the Allottee to the Developer provided however if the said Apartment is purchased with assistance of a financial institution, then such charge/lien of the Developer shall stand extinguished on the financial institution provided all dues payable to the Developer are cleared by the Allottee and/or such financial institution.
Sample 1Sample 2See All (5)
Charge/Lien. The Owners and Developer shall have the first charge and/or lien over the Said Spaces and Appurtenances for all amounts remaining outstanding by the Purchaser/s.
Sample 1
Charge/Lien. ThePromotershallhavefirstchargeand/orlienovertheSaidApartmentAndProperti esAppurtenantforallamountsdueandpayable by the Allottee(s) to the Promoter provided however if the SaidApartment AndPropertiesAppurtenantis purchased with assistanceofa bank/financial institution/other persons, then such charge/lienofthePromotershallstandextinguishedonthebank/financialinstituti on/otherpersonsprovided allduespayable to the Promoterare cleared by the Allottee(s) and/or such bank/financial institution/otherpersons.
Sample 1
Charge/Lien. The Allottee admits and accepts that the Promoter shall have the first charge and/or lien over the Unit And Appurtenances for all amounts remaining outstanding from the Allottee. Further, in case finance has been obtained by the Allottee, from any financing body, against charge created on the Unit And Appurtenances, the Promoter shall have a pari passu charge on the Unit And Appurtenances along with the said financing body, until the entire Agreed Consideration, Miscellaneous Deposits and Charges as stipulated in Part II and Part III of the Schedule B above, any other dues, deposits, charges, modified taxes, if any, are paid by the Allottee.
Sample 1
Charge/Lien. The Allottee admits and accepts that the Promoter shall have the first charge and/or lien over the Said Unit for all amounts remaining outstanding from the Allottee. Further, in case finance has been obtained by the Allottee, from any financing body, against charge created on the Said Unit, the Promoter shall have a pari passu charge on the Said Unit along with the said financing body, until the entire Agreed Consideration, Additional Cost and Charges as stipulated in Part II and Part III of the Schedule B above, any other dues, deposits, charges, modified taxes, if any, are paid by the Allottee.
Sample 1
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Charge/Lien. The Promoter shall have first charge and/or lien over the said Row Bungalow for all amounts due and payable by the Allottee to the Promoter provided however if the said Row Bungalow is purchased with assistance of a financial institution, then such charge/lien of the Promoter shall stand extinguished on the financial institution provided all dues payable to the Promoter are cleared by the Allottee and/or such financial institution.
Sample 1

Related to Charge/Lien

  • Collateral Each of the Banks represents to the Agent and each of the other Banks that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

  • Security Documents (a) The Guarantee and Collateral Agreement is effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties (as defined in the Guarantee and Collateral Agreement), a legal, valid and enforceable security interest in the Collateral described therein and proceeds thereof. In the case of the Pledged Stock as defined and described in the Guarantee and Collateral Agreement, when stock certificates representing such Pledged Stock are delivered to the Administrative Agent, and in the case of the other Collateral described in the Guarantee and Collateral Agreement as of the Restatement Effective Date, when financing statements and other filings specified on Schedule 4.17 in appropriate form are filed in the offices specified on Schedule 4.17 to the extent such filings are effective to perfect a security interest in such Collateral, the Guarantee and Collateral Agreement shall constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Collateral and the proceeds thereof, as security for the Obligations (as defined in the Guarantee and Collateral Agreement) under the laws of the United States, in each case prior and superior in right to any other Person (except (i) in the case of Collateral other than Pledged Stock, Permitted Liens and (ii) in the case of Pledged Stock, statutory Liens or nonconsensual Liens); and (b) when executed, each of the Mortgage Amendments will be effective to continue in favor of the Administrative Agent, for the benefit of the Lenders, a legal, valid and enforceable Lien on the Mortgaged Properties described therein and proceeds thereof, and when the Mortgage Amendments are accepted for recording in the applicable recording offices, each such Mortgage shall constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in the Mortgaged Properties and the proceeds thereof, as security for the Obligations (as defined in the relevant Mortgage), in each case prior and superior in right to any other Person (except for any Permitted Lien other than Liens securing Indebtedness). Schedule 1.1F lists, as of the Restatement Effective Date, each parcel of owned real property and each leasehold interest in real property located in the United States and held by the Borrower or any of its Subsidiaries that has a value, in the reasonable opinion of the Borrower, in excess of $5,000,000.

  • Lien 22.1. The Company shall have a general lien on all funds held by the Company on the Client’s behalf until the satisfaction of the Client’s obligations.

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