Encumbers definition

Encumbers means, with respect to any security, any and all liens, claims, security interests, proxies, voting trusts or agreements, restrictions or any other encumbrances whatsoever on the title, transfer or exercise of any voting rights or other rights as a holder of such security.
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Encumbers. “Encumbering” or “Encumbrances” means pledges, restrictions on transfer, proxies and voting or other agreements, liens, claims, charges, mortgages, security interests or other legal or equitable encumbrances, limitations or restrictions of any nature whatsoever.
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Encumbers means to bond or grant a servitude or
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Examples of Encumbers in a sentence

  • If a Shareholder transfers or Encumbers (or purports to transfer or Encumber) any Shares other than in accordance with this Clause 11, it shall be deemed to have served a Transfer Notice.

  • In the event of a DHS2 Disposition, all other Members shall be bound and obligated to Dispose Encumber transfer or assign their respective Membership Interests (or indirect interests therein) in such DHS2 Disposition on terms and conditions substantially no less favorable to such Person, taken as a whole, as those under which DHS2 Disposes, Encumbers, transfers or assigns its Membership Interest.

  • The Investor shall not be required to pledge its Securities or provide any support to any third party, including but not limited to lenders of the Company and the Company will not register or acknowledge such Encumbrance on the Investor Shares unless the Investor itself Encumbers its Securities.

  • In the event of a ▇▇▇▇▇▇ Disposition, all other Members shall be bound and obligated to Dispose Encumber transfer or assign their respective Membership Interests (or indirect interests therein) in such ▇▇▇▇▇▇ Disposition on terms and conditions substantially no less favorable to such Person, taken as a whole, as those under which ▇▇▇▇▇▇ Disposes, Encumbers, transfers or assigns its Membership Interest.

  • If General Manager Transfers or Encumbers any of the Option Shares otherwise than in strict accordance with the terms and conditions of this Agreement, such Transfer.

  • Incur new indebtedness for borrowed money in excess of $250,000 other than in the ordinary course of business or to the extent it only Encumbers the Excluded Business.

Related to Encumbers

  • No Mortgage Loan is a "High-Cost Home Loan" as defined in the New Mexico Home Loan Protection Act effective January 1, 2004 (N.M. Stat. Ann. ss.ss. 58-21A-1 et seq.).

  • Encumbered shall have corresponding meanings.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • 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.

  • Encumbrance means any charge, claim, community property interest, pledge, condition, equitable interest, lien (statutory or other), option, security interest, mortgage, easement, encroachment, right of way, right of first refusal, or restriction of any kind, including any restriction on use, voting, transfer, receipt of income or exercise of any other attribute of ownership.