Common use of Purchase Money Lien Clause in Contracts

Purchase Money Lien. a Lien that secures Purchase Money Debt, encumbering only the fixed assets acquired with such Debt and constituting a Capital Lease or a purchase money security interest under the UCC. RCRA: the Resource Conservation and Recovery Act (42 U.S.C. §§ 6991-6991i).

Appears in 9 contracts

Samples: Loan, Guaranty and Security Agreement (Trident Microsystems Inc), Loan and Security Agreement (Clearwater Paper Corp), Loan and Security Agreement (Olympic Steel Inc)

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Purchase Money Lien. a Lien that secures Purchase Money Debt, encumbering only the fixed assets acquired with such Debt and the proceeds thereof and constituting a Capital Lease or a purchase money security interest under the UCC. RCRA: the Resource Conservation and Recovery Act (42 U.S.C. §§ 6991-6991i).

Appears in 2 contracts

Samples: Loan and Security Agreement (Cooper Tire & Rubber Co), Loan and Security Agreement (Leapfrog Enterprises Inc)

Purchase Money Lien. a Lien that secures Purchase Money Debt, encumbering only the fixed assets acquired with such Debt and constituting a Capital Lease or a purchase money security interest under the UCCaccessions to, and products and proceeds (including insurance condemnation proceeds) of, such acquired assets. RCRA: the Resource Conservation and Recovery Act (42 U.S.C. §§ 6991-6991i).

Appears in 1 contract

Samples: Loan and Security Agreement (Ashworth Inc)

Purchase Money Lien. a Lien that secures Purchase Money Debt, encumbering only the fixed assets (or proceeds thereof, other than Accounts) acquired or leased with such Debt and constituting a Capital Lease or a purchase money security interest under the UCC. RCRA: the Resource Conservation and Recovery Act (42 U.S.C. §§ 6991-6991i).

Appears in 1 contract

Samples: Term Loan and Security Agreement (Blyth Inc)

Purchase Money Lien. a Lien that upon fixed assets which secures Purchase Money Debt, encumbering but only if such Lien shall at all times be confined solely to the fixed assets acquired with through the incurrence of the Purchase Money Debt secured by such Debt Lien (and constituting a Capital Lease or proceeds and products thereof) and such Lien constitutes a purchase money security interest under the UCC. RCRA: RCRA - the Resource Conservation and Recovery Act (42 U.S.C. §§ 6991-6991i)) and all rules and regulations promulgated pursuant thereto.

Appears in 1 contract

Samples: Loan and Security Agreement (Proficient Auto Logistics, Inc)

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Purchase Money Lien. a Lien that secures Purchase Money Debt, encumbering only the fixed assets acquired with such Debt and constituting a Capital Lease or a purchase money security interest under the UCC. RCRA: RCRA — the Resource Conservation and Recovery Act (42 U.S.C. §§ 6991-6991- 6991i). Real Estate — all right, title and interest (whether as owner, lessor or lessee) in any real Property or any buildings, structures, parking areas or other improvements thereon.

Appears in 1 contract

Samples: Loan and Security Agreement (Chromcraft Revington Inc)

Purchase Money Lien. a Lien that secures Purchase Money Debt, encumbering only the fixed assets acquired with such Debt (and proceeds thereof) and constituting a Capital Lease or a purchase money security interest under the UCC. RCRA: the Resource Conservation and Recovery Act (42 U.S.C. §§ 6991-6991i).

Appears in 1 contract

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.)

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