Encumber. “Encumbering,” or “Encumbrance” means the creation of a security interest, lien, pledge, mortgage or other encumbrance, whether such encumbrance be voluntary, involuntary or by operation of Applicable Law.
Encumber shall have a correlative meaning.
Encumber means the act of creating or purporting to create an Encumbrance, whether or not perfected under applicable law.
Examples of Encumber in a sentence
The Lessee may not Encumber or Assign (either directly or indirectly) this Lease or any of its rights or obligations under this agreement without obtaining the prior written consent of Council (which may be withheld in their absolute discretion).
We will be entitled, without your consent or notice to you, to cede, novate, assign, factor, securitize, Encumber and/or delegate all or any part of our rights and/or obligations under this Agreement to any person.
More Definitions of Encumber
Encumber means to mortgage, charge, pledge, hypothecate, create or grant a security interest in or otherwise encumber:
Encumber means or refer to any lien, claim, charge, pledge, mortgage, encumbrance, security interest, preferential arrangement, restriction on voting or alienation of any kind, adverse interest, or the interest of a third party under any conditional sale agreement, capital lease or other title retention agreement.
Encumber has the meaning set forth in the definition of “Encumbrance.”
Encumber means to suffer, accept, agree to or permit the imposition of a Lien.
Encumber and other derivatives shall be construed accordingly.
Encumber means to voluntarily or involuntarily create, or permit to suffer the creation of, any Encumbrances.
Encumber shall be construed accordingly;