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.
Appears in 3 contracts
Samples: Loan and Security Agreement (Lawton Surgery Investment Company, LLC), Loan and Security Agreement (NPMC Holdings, LLC), Loan and Security Agreement (United Maritime Group, LLC)
Purchase Money Lien. a Lien that secures Purchase Money Debt, encumbering only the fixed assets acquired with in whole or in part by such Debt and constituting a Capital Lease or a purchase money security interest under the UCC.
Appears in 2 contracts
Samples: Credit and Security Agreement (Titan International Inc), Credit and Security Agreement (Titan International 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 UCCUCC or the Australian PPSA.
Appears in 2 contracts
Samples: Loan Agreement (Hyster-Yale Materials Handling, Inc.), Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.)
Purchase Money Lien. a Lien that secures Purchase Money DebtIndebtedness, encumbering only the fixed assets acquired with such Debt Indebtedness, and constituting a Capital Lease or a purchase money security interest under the UCC.
Appears in 1 contract
Purchase Money Lien. a Lien that secures Purchase Money Debt, encumbering only the fixed assets acquired with such Debt Indebtedness and constituting a Capital Lease or a purchase money security interest under the UCC.
Appears in 1 contract