Right of Lien. The organiser has a right of lien for all the exhibitor’s goods brought to the fairgrounds (e.g. exhibits, equipment, etc.) in case of exhibitor’s outstanding debts towards the organiser. The withheld object shall be stored at exhibitor's expenses and risk. Failure to settle the outstanding debts within 30 days after the termination of the exhibition shall result in organiser’s right to sell the withheld goods and to settle the outstanding debt and other expenses with the revenues, and to remit possible balance to the exhibitor balance within 15 days upon the effected sale.
Right of Lien. For claims arising from this contract and all other contracts concluded with the customer, Thermo-Clean has a lien on all movable property of the customer’s in its possession.
Right of Lien a) When the Customer is indebted to the Bank, the Bank shall have a general lien over all Property of the Customer in the Bank's possession charged to secure payment of any money whether or not that money has been repaid;
b) Where the Customer is indebted in circumstances giving the Bank a right of set off, all securities as set out in Section 19 (a) hereof are held as Security for the debt;
c) The Bank may give the Customer notice in writing that if an accrued debt is not paid within a stipulated period of time, the Bank may, without further notice to the Customer, realize sufficient relief of the Customer's Property under lien to discharge the debt and the Customer constitutes the Bank as their Attorney for the purpose of conducting the sale, giving title to the assets sold and all other necessary matters. Any sum remaining after such a transaction will be held for the Customer subject to these Terms and Conditions;
d) The Bank is under no obligation in respect of any sale under Section 19(c) other than for that done in bad faith ("mala fides").
Right of Lien. The Bank may exercise its right of lien in respect of cash belonging to the Account Holder and duly held by the Bank, until full repayment of the debit balance on the account or any other amounts payable to the Bank, in particular interest, charges, fees and incidentals generated by such debit balance, and by any direct or indirect undertakings that the Account Holder may have vis-à-vis the Bank.
Right of Lien. 20.1.1. The Carrier is not allowed to exercise a right of lien (such as a right of retention / right of pledge) on the Goods, Units, or other equipment made available by ECS to the Carrier for whatsoever reason. If applicable, the Carrier shall cause to impose the same prohibition on its Subcontractors.
20.1.2. In any case, the Carrier shall indemnify ECS against any and all damages that ECS could incur or for which it could be held liable and that are the result of exercising a right of retention or a right of pledge in respect of the Goods, Units or other equipment by the Carrier or its Subcontractor in breach of this Article.
20.1.3. ECS shall have a lien (and throughout this Clause such right of lien shall include a right of pledge such as e.g. the Luxembourg, Dutch or Belgian “pandrecht” and/or a right of retention) on the Units of the Carrier and/or other equipment or any part thereof for all sums whatsoever to the amount of the estimated value of all the expected costs and/or Damages which are foreseeable to become due to ECS under this Agreement, whether in respect of previous Orders or on general account or otherwise however. In this Article “sum” includes damages for breach of contract and other unliquidated claims, costs, expenses, liabilities and all previously unsatisfied debts whatsoever.
20.1.4. The execution of liens shall, at ECS’s discretion, by public sale, private sale, lease or appropriation apply as securities for the principal sum, interests, compensation clause and possible costs.
Right of Lien enforcement – idle fee
8.1 The company is entitled to exercise its right of lien on all of the Client’s goods which are processed by the company with the knowledge and permission of the Client. The right of lien applies to all company receivables which also fall under the scope of retention of title in accordance with Section 11.
8.2 If the Client is more than two months in default with a due payment, the company is entitled, after notifying the Client in writing in advance and setting a further notice period of four weeks, to enforce its right to the pledged assets and dispose of them by means of sale at auction and, if a valid market price exists, through direct sale at the highest price possible. Besides the primary receivable and the incurred interest, the company is also entitled to use the proceeds from enforcement to pay for the costs arising in relation to the liquidation. The Client is entitled to any further proceeds from enforcement.
Right of Lien. In order to secure outstanding claims, the Organiser is entitled to a right of lien to the Exhibitor’s exhibition items, exhibition stand and equipment. No legal proceedings shall be required to exer- cise this lien. The Organiser may remove the objects from the stand area and store them at the Exhibitor’s expense and risk. The Organiser is entitled to sell these items by private sale and to set off the proceeds against the outstanding claims.
Right of Lien. The Issuer will provide bond holders with pledge rights registered with the Tax Administration. This is a property-free Right (3:237 BW) to the goods as defined in the Annex under the conditions set out in the Annex on the matter.
Right of Lien. In addition to and without prejudice to all other remedies that may be available to Geodis either by contract or by law, Geodis shall have the right to impose retention or lien, or other right to encumber, retain, sell, or otherwise dispose of the CLIENT’s Goods, documentation or property within the possession or control of GEODIS for satisfaction of any amounts owned by CLIENT. GEODIS may refuse to deliver the Goods to any person demanding them until GEODIS’ lien is satisfied. CLIENT shall not grant to any third party any right of any nature than may prevail over GEODIS right of lien.
Right of Lien. [Sec. 47] Lien is a right to retain possession of goods until payment of price. According to Section 47(1) an unpaid seller can exercise the right of lien in the following cases: (i) Where the goods have been sold without any stipulation as to credit.
