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.

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)

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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, Security and Guaranty 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

Samples: Credit Agreement (Par Pacific Holdings, Inc.)

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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

Samples: Loan Agreement (School Specialty Inc)

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