Contractual Lien Sample Clauses

Contractual Lien. Unless otherwise prohibited by applicable law or our policies and procedures, you may pledge all or any part of your shares, deposits, dividends, and interest as security for any loan. In addition to any lien we have as a matter of law, you grant us a contractual lien on all shares, deposits, dividends, and interest in any account in which you have an interest to the extent of any loans made to you and any other obligation of yours that you owe to us, which lien secures repayment of any such loan or obligation to the extent not prohibited under the federal Truth in Lending Act. You are not giving a security interest in any shares or deposits in an XXX or any other account, which if pledged would result in the loss of special tax treatment under the Internal Revenue Code. You agree that, if any such account is a Joint or Multiple Party Account, the entire amount in such account shall be subject to our lien and shall secure the indebtedness of each Owner owing to us. You agree that we may exercise our lien and apply the entire amount in any such account against the indebtedness of any Owner owing to us notwithstanding the interest of any other Owner on the account, and without notice. You agree to pay us all expenses and costs, including attorney’s fees, that we may incur in defending or enforcing our right to exercise our lien against the indebtedness of any one or more Owners, and you agree that we will not be liable for dishonoring checks or other items where the exercise of our lien or any right of offset that may exist results in there being insufficient funds in the account to honor such items. If we cash a check for you over the counter at your request and any such check is subsequently returned unpaid for any reason, you agree that we may charge the amount of the item against your account, and in accordance with our Fee Schedule, a fee may be imposed for the returned item. If we elect not to enforce our lien at any time, we do not waive our right to enforce that lien on subsequent occasions. The lien secures all direct and indirect indebtedness that you may owe to us whether as a borrower, co-borrower, guarantor, or otherwise. You agree that, with regard to any indebtedness owing to us secured by your principal residence, our lien on shares and deposits shall not be construed so as to diminish or forfeit any security interest in or indebtedness secured by such residence, nor shall our lien be construed so as to permit the modification of any claim we...
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Contractual Lien. All personal property on the premises (except property exempt by statute) is subject to a contractual lien to secure payment of delinquent rent. In order to exercise contractual lien rights, Owner’s representatives may resort to the procedure set forth in the Landlord and Tenant Law of Mississippi.
Contractual Lien. Tenant does, by the execution of this residential lease, grant to Landlord an express contract lien and security interest upon all fixtures, goods, and property of Tenant now or hereafter placed in or upon the premises in order to secure the prompt payment of rent herein provided, and the full compliance by Tenant of all agreements and covenants hereunder. This contract lien shall be in addition to such statutory liens as Landlord may have under and by virtue of the laws of the State of Mississippi, as presently existing or as may be amended. In order to exercise contractual or statutory lien rights when Tenant is in default hereunder, Landlord may peacefully enter the premises and remove and store all property therein, except property exempt by statute, provided, however, Tenant must be present or written notice of entry must be left afterward.
Contractual Lien. Lessor shall have and is hereby granted a lien upon all nonexempt property of any kind (expressly including the manufactured home) found or located on the leased premises to secure payment of rent due or to become due under this lease. If Lessee is delinquent in payment of any rental due under this lease, Lessor shall have the right to enter peacefully the premises, manufactured home, or storage facilities to exercise Lessor's contractual lien. Lesse's absence from the premises for three consecutive days while all or any portion of the rentals or other sums due under this lease are delinquent shall be deemed an abandonment of the premises. In order to clear such abandoned premises, Lessor may enter the premises, manufactured home and storage facilities to remove and store all property of every kind found therein. Lessor may impose reasonable charges for storing seized or abandoned property and may sell the same at a private or public sale after thirty (30) days written notice to Lessee of the time and place of such sale, and Lessor shall have the right to become purchaser upon being the highest bidder at such sale; the notice shall be deemed to have been given at the time of placing such notice in the U.S. mails, postage prepaid, certified, or registered mail to Lessee at the street or post office address hereinabove set forth. Sale shall be to the highest cash bidder and the proceeds thereof shall be first credited to the cost of seizure, storage and sale and then to the delinquent rentals or other sums due Lessor; if any sale proceeds then remain such shall be held by Lessor for Lessee and Lessor shall notify Lessee of such surplus monies in the same manner required for notice of the sale. It is expressly agreed that all of the lien provisions of this paragraph and the procedures contemplated thereby shall be available to, and may be done by, Lessor without the necessity of any prior court hearing, proceeding or order. Lessor shall have no liability to Lessee whatsoever for any acts or actions taken or performed pursuant to the provisions of this paragraph.
Contractual Lien. All of Resident’s personal property in the room or unit or on the premises (except exempt by statute) is hereby subjected to contractual landlord’s lien to secure payment of delinquent rent and other sums due and unpaid under this contract. In order to exercise contractual lien rights, CHEA representatives may peacefully enter the premises and remove and store all property therein, except property exempt by statute; provided, however Resident must be present at the time or written notice of entry shall be left following such entry. In order to clear an abandoned room or unit, a CHEA representative may enter the room or unit and remove and store all property of every kind encountered therein. If Resident is absent from premises for 7 consecutive days during the term of the contract, without written notice, while all or any portion of the rent is delinquent, the premises shall be deemed abandoned. There shall be no sale or disposition of any of the foregoing property, except pursuant to this contract. CHEA will impose reasonable charges for packing, removing, and\or storing such abandoned or seized property, and may sell same at public or private sale (subject to any recorded chattel mortgage) after thirty days written notice of time and place of sale is sent, certified mail, return receipt requested, to the Resident at the above room or unit address and permanent address. Sale shall be to the highest cash bidder, proceeds shall be first credited to the cost of sale, then applied to the indebtedness owing CHEA. Any excess proceeds shall be mailed (by CHEA check) to resident at the above room or unit address or permanent address. Acceptance of rent or any other sum due is not a waiver of CHEA’s right to eviction, damages, or past due rent, if suit has been filed at the time of acceptance.
Contractual Lien. (a) All of EBI’s nonexempt personal property on or in the Property is subject to a contractual lien (and EBI grants and conveys to the Company such a contractual lien) for the purpose of securing payment of EquityBase Payments and delinquent amounts due under this Agreement. To exercise the Company’s contractual lien, the Company will (1) peacefully enter the Property, including any storage facilities, (2) remove nonexempt personal property, and (3) leave a written notice of entry and an itemized list of the items removed in a conspicuous place within the dwelling, which states the amount of the delinquent EquityBase Payments; the name, address, and telephone number of the person EBI may contact about the amount owed; and that the personal property will be promptly returned after payment of the delinquent EquityBase Payments. EBI will pay all costs for packing, removing, and storing personal property seized by the Company. (b) If EBI abandons the Property or is evicted, the Company may peacefully enter, remove, and store all of EBI’s personal property (including any vehicles) remaining on or in the Property. The term “abandons” means that EBI is past due in EquityBase Payments and has not occupied the Property for five (5) or more consecutive days. The Company dispose of the seized personal property, including without limitation by means of a public or private sale, subject to any recorded chattel mortgage or financing statement, after giving EBI written notice sent to EBI’s last known address by first-class mail and certified mail, return receipt requested, at least thirty (30) days before the sale or other disposal. The notice of the sale must contain (1) the date, time, and place of the sale, if any (2) an itemized account of the amount owed by EBI, and (3) the name, address, and telephone number of the person EBI may contact about the sale or other disposal, the amount owed, and the right to redeem the personal property before it is sold or otherwise disposed of by paying the Company all delinquent EquityBase Payments and reasonable packing, moving, storage, and sale or other disposal costs. Any sale of the seized personal property will be to the highest cash bidder. Proceeds of the sale will first be applied to delinquent EquityBase Payments, packing, moving, storage, and sale costs. The Company will mail any remaining proceeds to EBI at EBI’s last known address no later than thirty (30) days after the sale along with an accounting of all proceeds of ...
Contractual Lien. Except as prohibited by applicable law and/or our policies and procedures, you may pledge all or part of your shares as security for any loan. In addition to any statutory lien we have as a matter of law, you grant us a contractual lien on all shares and dividends in any Account in which you have an interest including Accounts you hold jointly with other individuals. This contractual lien extends to any loans and/or other obligations of yours owed to us which lien secures repayment of any such loan or obligation to the extent not prohibited under the Federal Truth-in-Lending Act or other applicable law. You understand if any such Account is a Joint or Multiple Party Account, the entire amount in the Account shall be subject to our statutory and contractual liens and shall secure the indebtedness of each individual to the Account with loans or obligations to us. If you are in default or otherwise fail to satisfy a financial obligation to the Credit Union, you consent that we may exercise our statutory or contractual lien and apply the entire amount in any Account against the indebtedness of any party to the Account without notice. You concur to pay us all expenses and costs, including reasonable attorney fees, that we may sustain in defending or enforcing our right to exercise our statutory or contractual liens against the indebtedness of any individual. You understand we will not be liable for dishonoring checks or other items where the exercise of our statutory and contractual lien resulted in insufficient funds available in the Account to honor such items. If at any time the Credit Union elects not to enforce the statutory or contractual liens, that does not mean we waive our right to enforce them on future occasions. The statutory and contractual liens secure all direct and indirect indebtedness which you may owe to us whether as a borrower, co-maker, guarantor or otherwise. The statutory and contractual liens do not apply to any shares or deposits in an XXX, SEP, Xxxxx, HSA or any other Account which would result in the loss of special tax treatment for you under the Internal Revenue Code.
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Contractual Lien. This section is intentionally left blank.
Contractual Lien a) The sewer and sanitation service charges and utility service fees levied and assessed by this Chapter as well as ambulance subsidy fees authorized by Chapter 18, Section 18-117, shall be payable for each lot, parcel of land, building or other premises, whether occupied or vacant, within or without The Village corporate limits, having a connection with the sanitary sewer system of the City and/or having sanitation services. By submitting an application and establishing an account, the Customer consents to a contract for services which includes the provisions of this Chapter and into which the provisions of this Chapter are deemed incorporated by reference. Any charge for sewer or sanitation service, miscellaneous utility services authorized by this chapter and ambulance subsidy fees authorized by Chapter 18, Section 18-117 to such premises, which are not paid in full when due shall become a contractual lien against the premises serviced by the connection with the City's sanitary sewer system. The terms of the granting of the lien and the rights of the parties shall be set forth in the application and Utility Service Agreement, which shall be executed by the Customer and shall be a binding contract between the Customer and the City. The granting of the lien shall be subject to all applicable provisions of Title 31 O.S. § 1 (A) concerning homestead and exemption rights of the Customer. b) By directly or indirectly accepting sewer or sanitation service or the benefit or enhancement of sewer or sanitation service or the availability of sewer or sanitation service from the City, the Customer shall agree to pay for such service and all associated utility service and ambulance subsidy fees, and agree such charges shall be charged or imposed on the property and shall be a continuing lien on the property, paramount and superior to all liens or other subsequent obligations of the Customer secured by the property, from the date the City's lien is recorded with the Oklahoma County Clerk. (Ord. No. 628, §1, 08-07-2007; Ord. No. 637, §2, 02-03-2009)
Contractual Lien. All personal property on the Premises (except property exempt by Section 54.042 of the Texas Property Code) is hereby subjected to a contractual lien in favor of Landlord to secure payment of rent. In order to enforce said lien, Landlord, or its representative, may peacefully enter the Premises and remove and store all non-exempt property therein. Landlord shall be entitled to reasonable charges for packing, removing and storing property taken hereunder. If Tenant is not present when property is removed hereunder, written notice of Landlord's entry shall be left at the Premises. Landlord may sell all property subject to Landlord's lien at public or private sale after giving Tenant thirty (30) days written notice by certified mail of the time and place of such sale to Tenant's last known address. Sale shall be to the highest cash bidder and Landlord shall credit the proceeds thereof first to all costs and expenses incident to the removal, storage and sale of the property, then rent due and any excess shall be mailed to Tenant at such address as Tenant may furnish. The foregoing lien rights may be exercised by Landlord with or without resort to judicial proceedings. The contractual lien provided herein is in addition to, and not in lieu of, any landlord's or other lien provided by law.
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