Enforcement of Lien Sample Clauses

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.
AutoNDA by SimpleDocs
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. If an occupant is in default for a period of at least thirty days, the operator may enforce the lien granted in section 578B.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. Upon the occurrence and during the continuation of a Lease Event of Default, the Lien constituted by this Assignment shall become enforceable and the Loan Trustee shall be entitled:
Enforcement of Lien. The Owner of either Parcel 1 or Parcel 2 may bring an action to foreclose any claim of lien against a Parcel in the same manner as foreclosure of a mortgage on real property, and may bring suit on the personal obligation against the applicable Owner; provided, however, that prior to bringing an action to foreclose any claim of lien against a Parcel, the mortgagee of such Parcel shall be provided a notice of default under the Declaration with reasonable opportunity to cure such default (but only to the extent that such mortgagee has provided prior written notice to the Owners of its mortgage lien, together with mailing address for receipt of notice of default).
Enforcement of Lien. If any interest, cost or other charge is not paid as required by this Declaration, the Association may bring either (i) an action at law against the Owner obligated to pay the same, or (ii) an action by suit, judgment and foreclosure to foreclose, in accordance with the law in the same manner as foreclosure of statutory liens for the improvement of real property, any lien created by this Declaration against the Parcel or Parcels subject to the lien, or may bring both actions, for the purpose of collecting Assessments, costs or charges plus any interest thereon and costs of collection, including reasonable attorneys’ fees. The Association shall have the power to bid on the Parcel or Parcels at the foreclosure sale, and to acquire, hold, lease, encumber and convey the same.
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:
AutoNDA by SimpleDocs
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. (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. The Creditor Owner may bring an action in its name to foreclose any lien on a Condo-Hotel Unit in the manner in which mortgages of real property are foreclosed in Florida and may also bring an action to recover a money judgment for unpaid Assessments or Resort Subsidy Charges or other amounts due with interest thereon (plus the costs and expenses mentioned in §5.1 hereof) without waiving any claim of lien, provided that in either case the Creditor Owner must give the Defaulting Owner at least thirty (30) days written notice of its intentions and, in the case of a foreclosure, must file a Notice of Claim of Lien in the Public Records of the County. Upon the timely curing of any default (including the payment of fees and costs secured by the Creditor Owner’s lien) for which a Notice of Claim of Lien was filed, the Defaulting Owner is entitled to have a satisfaction of lien recorded upon payment to the Creditor Owner.
Time is Money Join Law Insider Premium to draft better contracts faster.