Enforcement of Lien. 14 (1) After the Establishment Period, subject to Article 14 (2), the Company may sell in such manner as the Directors think fit, any shares on which the Company has a lien.
Enforcement of Lien. 1. If an occupant is in default for a period of at least thirty days, the operator may enforce the lien granted in section 578A.5 by selling the occupant’s personal property. Sale of the occupant’s personal property may be by public or private proceedings. Such personal property may be sold as a unit or in parcels, by way of one or more contracts, at any time or place, and on any terms as long as the sale is commercially reasonable. The operator may otherwise dispose of any property that has no commercial value.
Enforcement of Lien. In the event of default, which is defined as any failure to perform, in a timely manner, any obligation or duty set forth in T.C.A § 00-00-000, et. seq. or any obligation or duty set forth in the Lease, the Lessor maintains the following rights:
Enforcement of Lien. (1) A sale of personal property to en- force a lienholder's claim that has become due against a lessee and that is secured by the operator's lien may be conducted after the lessee has been in default continuously for a period of sixty (60) days.
Enforcement of Lien. (1) Action to enforce a lienholder's claim which has become due against a lessee and which is secured by the owner's lien may be taken by the owner or operator after the lessee has been in default of the rental agreement continuously for a period of sixty (60) days.
Enforcement of Lien. (a) Subject to the Corporations Act, the Board may sell or otherwise dispose of any Security the subject of a lien, if:
Enforcement of Lien. 1. If an occupant is in default for a period of at least thirty days, the operator may Thu Dec 05 12:17:16 2019 Iowa Code 2020, Chapter 578A (28, 18) 3 SELF-SERVICE STORAGE FACILITIES, §578A.7 enforce the lien granted in section 578A.5 by selling the occupant’s personal property. Sale of the occupant’s personal property may be by public or private proceedings. Such personal property may be sold as a unit or in parcels, by way of one or more contracts, at any time or place, and on any terms as long as the sale is commercially reasonable. The operator may otherwise dispose of any property that has no commercial value.
Enforcement of Lien. 9.1 The Portfolio Manger shall be entitled to exercise lien over the assets of the Portfolio of the Client under the provisions of this Agreement without any prior written notice to the Client.
Enforcement of Lien. FOR AND IN CONSIDERATION of the privileges, protections, mutual enjoyment and use of the Common Elements and the premises contained herein, the receipt of which is hereby acknowledged and any assumption of the obligations by transferees as required hereunder and to secure the payment of said Common Expenses, principal, interest, and attorney fees, alien is expressly retained by the Association on each and every Unit Owner's Unit and prorata interest in the Common Elements (referred to in this subparagraph 10(b) as “property”). And now, for the purpose of better and more effectually securing the payment of said lien indebtedness; rendering unnecessary court proceedings for the enforcement of said lien in the event of the non-payment of said indebtedness and payments thereof: as they become due, and for the consideration of one dollar paid in cash receipt of which is acknowledged, the said Unit Owners their heirs, administrators and assigns, hereinafter referred to as trustors, hereby transfer and convey unto Xxxx Xxxxxxx, Xx. Xxxxxxx, his successors and assigns, the property hereinbefore describe with the appurtenances, estate title and interest thereto belonging to the following uses and trusts: Trustors agree to pay their prorate share of Common Expenses when due and further agree to pay all taxes and assessments thereon, general or special and to pay them when due, and, upon demand of said trustee or the lawful owner and holder of said indebtedness, to pay, discharge, or remove., any and all liens (except a First Mortgage or Deed of Trust) which may be hereafter placed against said property and which shall adversely affect the lien of this instrument or enforcement of the terms and provisions hereof; to keep the improvements on said property in good repair and preservation, and in case the trustee or his successors or the lawful owner and holder of said indebtedness shall hereafter be required to appear in any court or tribunal to enforce, or defend the title to, or possession of, said property or the lien of this instrument, or appear in any court to prove the above indebtedness, all the costs and expenses of such appearance or proceedings, together with a reasonable attorney's fee, shall be allowed, and be payable by trustors upon demand of the trustee or lawful owner or holder of said indebtedness, and, upon failure to do any of these things, then said trustee, or the lawful owner and holder of said indebtedness may do any or all of these things and t...
Enforcement of Lien. For the purpose of enforcing such lien, the directors may sell the shares subject thereto in such manner as they think fit; but no sale shall be made until notice in writing of the intention to sell has been given to such Shareholder, his executors, administrators, successors or assigns and default shall have been made by him or them in the payment, fulfillment or discharge of such debts, liabilities or engagements for seven (7) days after such notice. The net proceeds of any such sale after payment of the cost of such sale shall be applied in or towards the satisfaction of such debts, liabilities or engagements and the residue, if any, paid to such Shareholder or his executors, administrators, successors or assigns.
