Common use of Impoundment; Liens or Encumbrances Clause in Contracts

Impoundment; Liens or Encumbrances. The Government will ensure that (A) no Program Assets are subject to any impoundment, rescission, sequestration, liquidation or to any provision of law now or hereafter in effect in Benin that would have the effect of allowing any such impoundment, rescission or sequestration and (B) no Program Asset is subject to any lien, attachment, enforcement of judgment, pledge, or encumbrance of any kind (each, a “Lien”), except with MCC’s prior written approval. In the event any Lien not so approved is imposed, the Government will promptly seek the release of such Lien and, if such Lien is required by a final and non-appealable court order, will pay any amounts due in order to obtain such release; provided, however, that the Government will not use MCC Funding or any Program Assets to satisfy any such obligation.

Impoundment; Liens or Encumbrances. The Government will shall ensure that (A) no Program Assets are subject to any impoundment, rescission, sequestration, liquidation liquidation, or to any provision of law now or hereafter in effect in Benin that would have the effect of allowing any such impoundment, rescission rescission, sequestration, or sequestration liquidation and (B) no Program Asset is subject to any lien, attachment, enforcement of judgment, pledge, or encumbrance of any kind (each, a “Lien”), except with MCC’s prior written approval. In the event any Lien not so approved is imposed, the Government will shall promptly seek the release of such Lien and, if such Lien is required by a final and non-appealable court order, will shall pay any amounts due in order to obtain such release; provided, however, that the Government will shall not use MCC Funding Funding, the Government Contribution, or any Program Assets to satisfy any such obligation.

Impoundment; Liens or Encumbrances. The Government will shall ensure that (A) no Program Assets are subject to any impoundment, rescission, sequestration, liquidation or to any provision of law now or hereafter in effect in Benin Niger that would have the effect of allowing any such impoundment, rescission rescission, sequestration, or sequestration liquidation and (B) no Program Asset is subject to any lien, attachment, enforcement of judgment, pledge, or encumbrance of any kind (each, a “Lien”), except with MCC’s prior written approval. In the event any Lien not so approved is imposed, the Government will shall promptly seek the release of such Lien and, if such Lien is required by a final and non-appealable court order, will shall pay any amounts due in order to obtain such release; provided, however, that the Government will shall not use MCC Funding Funding, the Government Contribution, or any Program Assets to satisfy any such obligation.