Monetary Liens. As defined in the Section entitled “Approval of Title.”
Monetary Liens. Seller shall pay or cause to be satisfied at or prior to Closing all monetary liens on or with respect to the Property, including, but not limited to, mortgages, deeds of trust, security agreements, assignments of leases, rents and/or easements, judgment liens, tax liens (other than those for taxes not yet due and payable) and financing statements to the extent arising out of Seller’s acts prior to Closing.
Monetary Liens. As defined in Section 4.1.
Monetary Liens. Seller shall remove all monetary liens encumbering the Purchased Assets, including liens arising under the Bank of America Loan Agreement, unless caused by or created by Buyer or any agent of Buyer, prior to Closing. 45
Monetary Liens. Except for the Permitted Exceptions, Seller shall pay or cause to be satisfied at or before Closing all monetary liens on or with respect to all or any portion of the Property. If Seller fails to satisfy said liens, the Purchase Price shall be reduced by the amounts due to satisfy and discharge the liens.
Monetary Liens. Notwithstanding anything to the contrary contained herein, each of HCP and Brookdale shall be obligated to pay off and satisfy, or otherwise cause to be released, at Closing, any monetary lien or mortgage, deed of trust or other security interest against any Contributed Facility caused by it or any of its Affiliates (whether or not such lien is a voluntary or involuntary encumbrance), including the liens securing the GE Debt, but excluding liens securing the Permitted Debt, Entrance Fee Liabilities, MLRs and taxes that are not yet due and payable.
Monetary Liens. Purchaser shall not be required to give notice of objection to (i) any liens securing any other mortgage or deed of trust financing, or (ii) any other mechanics’ liens or materialmens’ liens arising from any work or improvements at the Property ordered or authorized by Seller that encumber the Property on a given Phase Closing Date (excluding any liens or claims arising from Purchaser’s due diligence reviews, development or inspections hereunder) (“Monetary Liens”), and Seller shall have the obligation to remove any Monetary Liens that have been caused by Seller prior to or a given Phase Closing.
Monetary Liens. The Plan Debtor shall (a) discharge all monetary Liens as and when such Liens are required to be discharged under the Plan and (b) whether or not the Plan requires such Liens to be discharged, pay in full, bond over, cash collateralize or cause a title company to insure over any Mechanics Lien Claim; provided, however, that the Plan Debtor shall have no obligation to remove any monetary Liens to the extent that such Liens constitute Permitted Encumbrances under the Amended Credit Documents.
Monetary Liens. “Monetary Liens” has the meaning specified in Section 4.3.
Monetary Liens. Notwithstanding anything to the contrary contained in Section 5B.(ii) above, Seller shall be required to discharge all mortgages, real estate taxes, assessments and other governmental levies, fees or charges imposed on the Land, all judgment liens, all mechanics' liens and similar liens for labor, materials or supplies, and other such monetary liens that may be removed solely through the payment of money prior to Closing (collectively, the "Monetary Liens"), and such matters shall be deemed Objectionable Exceptions, whether or not included in Purchaser's Objection Notice. If, at or prior to Closing, Seller fails to cure all Monetary Liens, in addition to all other remedies available to Purchaser under this Agreement, Purchaser shall have the right to proceed to Closing and deduct from the Purchase Price the amount necessary to cure such Monetary Liens.
