Encumbrance Holder definition

Encumbrance Holder shall have the meaning set forth in Subsection 12.1.1.

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Encumbrance Holder means the deed of trust beneficiary, mortgagee, ground lessor or sale-leaseback lessor under an Encumbrance.

Encumbrance Holder means a person in whose favour third party rights in the Government Securities have been created including through pledge, lien, charge, mortgage, etc.

Examples of Encumbrance Holder in a sentence

County shall require each such fee encumbrance holder to confirm the same in writing (in a form reasonably approved by each Encumbrance Holder or its title insurer) as a condition to granting such encumbrance, although the foregoing subordination shall be automatic and self-executing whether or not such written confirmation is obtained.
Any Encumbrance Holder shall have the right to intervene and become a party in any arbitration, litigation, condemnation or other proceeding affecting this Lease.
In no event, however, shall the Encumbrance Holder be obligated to cure any Excluded Defaults.
Notice given to Lessee as provided for herein shall be effective as to Lessee notwithstanding the failure to send a copy to such Encumbrance Holder, Major Sublessee or encumbrancer.
If more than one such Encumbrance Holder desires to exercise the foregoing right, the most senior Encumbrance Holder shall have priority in the exercise of such right.

More Definitions of Encumbrance Holder

Encumbrance Holder means a person entitled to the benefit of an encumbrance;

Encumbrance Holder shall have the meaning set forth in 1.1.29 “ENTITLEMENTS” shall mean all discretionary planning, zoning, land use, and other entitlements, permits, and approvals (including, without limitation, licenses, variances, certificates, consents, exemptions, decisions, actions, and/or approvals) of any governmental authorities and/or agencies which Lessee, in good faith, determines are required for Lessee’s performance of the Development Work and use and operation of the Premises as a multi- family residential apartment complex on terms and conditions acceptable to Lessee in Lessee’s sole and subjective discretion, excluding only building permits to be issued upon Lessee’s provision of plans and specifications complying with applicable building codes and payment of statutory building permit fees.

Encumbrance Holder shall have the meaning set forth in subsection 34.1.1.

Encumbrance Holder as used in this Lease shall mean not only party that loaned money to Lessee and is named as beneficiary, mortgagee, secured party, or security holder in a Security Instrument creating any Encumbrance, but also successors and assigns of record to the Encumbrance Holder's interest as beneficiary, mortgagee and/or secured party, as applicable, of the Encumbrance.

Encumbrance Holder means a person entitled to the benefit of an encumbrance; « titulaire d’une charge »

Encumbrance Holder means the holder of record of any Security Financing Interest; (b) "Foreclosure Transfer" shall mean any transfer of all or a portion of the Property or of any associated personal property or limited liability company interests in Developer pursuant to any judicial or non-judicial foreclosure or other enforcement of remedies under or with respect to a Security Financing Interest, or by voluntary deed or assignment or other transfer in lieu thereof; and "Foreclosure Transferee" shall mean any transferee (including without limitation an Encumbrance Holder) which acquires title in the Property or interest therein or of any associated personal property or of the limited liability company interests in Developer pursuant to a Foreclosure Transfer.

Encumbrance Holder shall also be deemed to include any and all Affiliates of such Encumbrance Holder which have succeeded by assignment or otherwise to any rights, interests or liabilities of the Encumbrance Holder with respect to the Encumbrance, or which have been designated by the Encumbrance Holder to exercise any rights or remedies under the Encumbrance or to take title to the leasehold estate under this Lease or to Ownership Interests, and such Affiliates shall enjoy all of the rights and protections given to Encumbrance Holders under this Lease.‌