GENERAL LIEN WITH POWER OF SALE Sample Clauses

GENERAL LIEN WITH POWER OF SALE. 17.1. KFTL shall have both a general and a particular lien on all Containers, Goods, the Shipping Line’s plant including Vessels and related documents in its possession in respect of all sums the Line owes to KFTL at any given time if KFTL gives the Shipping Line twenty-one
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GENERAL LIEN WITH POWER OF SALE. 15.1 Without prejudice to any other right or remedy, ABP may exercise upon all Goods and documents relating to Goods in its possession, a general lien, not only for any Charges due in relation to such Goods, but also for all monies owing by the owners to ABP on any account including any claim by ABP for Losses, (together being the “Debt”). Applicable Charges (such as rent for Goods stored at the Port) will continue to accrue in respect of any Goods detained under lien. In the event of any Debt not being fully paid in cleared funds within fourteen (14) days of the notice of the exercise of any such lien, ABP may sell the Goods and apply the proceeds towards the satisfaction of the Debt on whatsoever account owing as well as any Charges arising during the exercise of any such lien.
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