Blanket lien means any mortgage, deed of trust, option to purchase, master lease, vendor's lien or interest under a contract or agreement of sale, or any other lien or encumbrance that (i) affects more than one time share interest either directly or by reason of affecting an entire time share unit or the property upon which the time share unit to be used by the purchasers is located, and (ii) secures or evidences the obligation to pay money or to sell or convey the property and that authorizes, permits, or requires the foreclosure and sale or other defeasance of the property affected; provided that for the purpose of this chapter, the following shall not be considered blanket liens:
Blanket lien. Means any mortgage, deed of trust, option to purchase, mechanic’s lien, vendor’s lien or interest under a contract or agreement of sale, judgment lien, federal or state tax lien, lease or any other lien or encumbrance that (i) affects more than two (2) vacation ownership rights or accommodations owned by different owners, either directly or by reason of affecting the property under the vacation ownership plan, in whole or in part, in which such rights are owned, including the accommodations and facilities thereof; and (ii) secures or evidences the obligation to pay money or to sell or convey the property under the vacation ownership plan, or any part thereof including, but not limited to, the accommodations and facilities thereof; and (iii) authorizes, permits, or requires the foreclosure and sale or other disposition of the vacation ownership property, facilities, and other assets affected. For purposes of this Act, the following shall not be considered blanket liens:
Blanket lien means any mortgage or trust deed that is recorded against a property as a whole.
Examples of Blanket lien in a sentence
Blanket lien status: Blanket lien status is the least restrictive and is generally assigned to lower risk institutions that are pledging loans, not securities, as collateral.
Blanket lien and after-acquired property language in Agent’s recorded mortgages in Wyoming impart no or legally insufficient constructive notice in Wyoming.
Blanket lien 1 Delaware UCC search through 8/1/2011 2 Missouri UCC search through 8/10/2011 3 Texas UCC search through 8/15/2011 Debtor File Date File Number Secured Party Collateral Description Bayou Welding Works, LLC 1 1/12/2009 09-1108492 GreatAmerica Leasing Corporation Various Savin Copiers, Scanners, Fax and Printer The Corrpro Companies, Inc.
Cendent Associates Jurisdiction: Delaware Limited Partnership County, PA ----------------------------------------------------------------------------------------------------- Princeton Medical Century Dental Blanket lien on assets Date filed: 4/6/93 Management Center I, P.C. File No.: 21811616 Northeast, Inc.
Issuer Name Hilltop Coffee LLC Offering Amount $20,000 − $60,000 Security Type Secured LoanInterest Rate 10.00%Maturity 60 monthsPayments Monthly, disbursed to investors quarterly Security Interest Blanket lien on assets of company Personal Guaranty Daniel R.
More Definitions of Blanket lien
Blanket lien. Any and all of Debtor’s goods held as fixtures. ¨ Specific Fixtures: Limited to any and all of Debtor’s goods held as fixtures which are specifically described in the space below, whether now existing or hereafter acquired. These goods are or will become fixtures on the following described real estate in County, [State] , owned by: [name of owner] more particularly described as follows: [insert legal description (or attach schedule) of property, not street address] , including the following (attach schedule if necessary):
Blanket lien. Any and all of Debtor's goods held as inventory, now existing or hereafter arising; Equipment:
Blanket lien. Any and all of Debtor's property held as equipment, now existing or hereafter arising; Fixtures:
Blanket lien. Any and all of Debtor's goods held as fixtures, now existing or hereafter arising; Instruments and/or Investment Documents:
Blanket lien. Any and all of Debtor's instruments, documents, and other writings of any type, now existing or hereafter arising (other than any shares of stock of any Debtor owned by Lifeserv Technologies, Inc.); and General Intangibles:
Blanket lien. Any and all of Debtor's general intangible property, now existing or hereafter arising, including, but not limited to, all copyrights, patents, trademarks, and licenses of Debtor, including Patent No. 4,695,954 that is owned by Lifeserv Technologies, Inc., and the trademarks that are listed on Exhibit "A" attached hereto.
Blanket lien. All Premium Finance Agreements and all rights and privileges related thereto, including, without limitation, all collateral therefor and guaranties thereof, now owned or hereafter acquired by Debtor; all notes receivable of Debtor (notes made payable to the order of Debtor) now existing or hereafter arising, together with all renewals, extensions, modifications or rearrangements of such notes, payments thereon, and all other proceeds, monies, income and benefits arising from or by virtue of all sums payable or distributable with respect to such notes; all accounts as that term is defined in Chapter 9 of the Texas Business and Commerce Code, general intangibles, executory contract rights, chattel paper, documents, instruments, notes, drafts, acceptances, tax refunds, insurance proceeds, rights to refund and indemnification, and all other debts, obligations and liabilities in whatever form owing to Debtor from any person, firm or corporation now existing or at any time hereafter arising including all securities, guaranties, warranties, indemnity agreements, insurance policies and all other agreements pertaining to the same; all collateral which secures any of the foregoing; and all proceeds of the foregoing. The Collateral includes all of Debtor's rights to receive payment from any party or parties arising under any reinsurance or similar types of agreements related to any Premium Finance Agreements of Debtor, including rights arising under the Reinsurance Agreements as defined in the Loan Agreement, as well as all of Debtor's rights to any unearned insurance premiums. Notwithstanding the foregoing, the Collateral does not include any Premium Finance Agreement sold to Peregrine Premium Finance L.C. prior to the date hereof. [X] Accounts: [X] Blanket Lien: Any and all accounts and other rights of Debtor to the payment for goods sold or leased or for services rendered whether or not earned by performance, including, without limitation, contract rights, book debts, checks, notes, drafts, instruments, chattel paper, acceptances, and any and all amounts due to Debtor from a factor or other forms of obligations and receivables, now existing or hereafter arising. [X] Inventory: