Equipment Lien definition

Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or any similar arrangement (including any related financing statement) for Lessee’s acquisition or leasing of any Financed FF&E used in the Premises that is leased, purchased under conditional sale or installment sale arrangements, encumbered by a security interest, or used under a license, provided that each Equipment Lien encumbers or otherwise relates only to the Financed FF&E for which such secured party provides bona fide purchase-money financing or a bona fide equipment lease, after the Commencement Date. A Leasehold Mortgage is not an Equipment Lien.

Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or any similar arrangement (including any related financing statement) for Tenant’s acquisition or leasing of any Financed FF&E used in the Premises that is leased, purchased under conditional sale or installment sale arrangements, encumbered by a security interest, or used under a license, provided that each Equipment Lien encumbers or otherwise relates only to the Financed FF&E for which such secured party provides bona fide purchase-money financing or a bona fide equipment lease, after the Commencement Date. A Leasehold Mortgage is not an Equipment Lien.

Equipment Lien is defined in Section Error! Reference source not found..

Examples of Equipment Lien in a sentence

• Tenant shall not enter into any Equipment Lien that causes any Prohibited Lien.

• Equipment Lien Holder Information:The operator shall provide the name (names) and contact information for any lien holder and the amount of any liens held on the equipment.

• The Performance Bond shall be forfeited, in whole or in part, by the USF Service Provider as provided for in Article Four.6.02 Equipment Lien As required pursuant to Rule 26(6) of the USF Rules, all equipment deployed by the USF Service Provider in implementing the USF Network shall be subject to a lien exercisable by USFCo pursuant to the documented terms of the lien and Section 4.02 (a) (iv).

• FINAL STAGE 5 – SUBMIT ATTORNEYEQUIPMENT LIEN ATTESTATION FORM:The Funding Recipient’s attorney must prepare and submit theAttorney Equipment Lien Attestation form.

• The Funding Recipient’s attorney must either:• Receive official confirmation from the NYSDOS that the City’s UCC‐1 financing statement and UCC‐3 amendment statements, as applicable, have been filed with the NYSDOS; and/or• The City’s UCC‐1 financing statement and UCC‐3 amendment statements, as applicable, must be viewable online on the NYSDOS’ website as UCCs on file with the Funding Recipient.• For a copy of DDC’s Attorney Equipment Lien Attestation form, please see Attachment 6 of the UCC Guidelines.

• Completion of the DDC Attorney Equipment Lien Attestation form.When Stages 1‐4 of the UCC Guidelines are completed by the Funding Recipient and its attorney, the Funding Recipient’s attorney must complete and sign DDC’s Attorney Equipment Lien Attestation form.• The Funding Recipient’s attorney may only complete the DDC’s Attorney Equipment Lien Attestation form once the City’s UCC‐1 financing statement and all the UCC‐3 amendment statements, as applicable, have been filed with the NYSDOS.

• If Tenant enters into any Equipment Lien, such Equipment Lien shall not create a lien against the Fee Estate.

• The Receiver treats the NC Machinery lien claims, and the Ranier Equipment lien claims, as “Registered Liens,” and has included the amounts of those liens in the Equipment Lien Reserve.LAW OFFICES OF CABOT CHRISTIANSON, P.C.911 WEST 8TH AVENUE, #201 C ANCHORAGE, ALASKA 99501(907) 258-6016 C Fax (907) 258-2026Sections 5 and 6 of the Distribution Order give the Receiver general discretion to distribute money from time to time out of net sale proceeds, excluding the funds set aside in the Reserves.

• Section 3(h) further provides for a “TEAP Reserve” equal to the balance of the net sale proceeds of the Alaska Equipment, less the amount of the Equipment Lien Reserve held on account of the Alaska Equipment.

• Objection To Certification Of Default Filed By Creditor Deutsche Bank National Trust Company Filed By Michael Sholl, Robin Sholl .Attorney: Shawn J.

More Definitions of Equipment Lien

Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or any similar arrangement (including any related financing statement) for Tenant’s acquisition or leasing of any Financed FF&E used in the Premises that is leased, purchased under conditional sale or installment sale arrangements, encumbered by a security interest, or used under a license, provided that each Equipment Lien encumbers or otherwise relates only to the Financed FF&E for which such secured party provides bona fide purchase-money financing or a 2 CPI provisions may drop out if the FMV valuation determinations include escalations over the term of the Lease, as it may be extended. bona fide equipment lease, after the Commencement Date. A Leasehold Mortgage is not an Equipment Lien.

Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or any similar arrangement (including any related financing statement) for acquisition or leasing of any Financed FF&E used in the Premises that is leased, purchased under conditional sale or installment sale arrangements, encumbered by a security interest, or used under a license, provided that each Equipment Lien encumbers or otherwise relates only to the Financed FF&E for which such secured party provides bona fide financing or a bona fide equipment lease, after the Commencement Date. A Leasehold Mortgage is not an Equipment Lien.

Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or any similar arrangement (including any related financing statement) for Lessee’s acquisition or leasing of any Financed FF&E used in the Premises that is leased, purchased under conditional sale or installment sale

Equipment Lien means a Lien granted by Borrower, as borrower, to a Person that is not an Affiliate of Borrower, as lender, (i) that solely encumbers Equipment located at, and used in connection with, the Mall Improvements and (ii) that solely secures repayment of a loan made to the Borrower, the proceeds of which were used solely to purchase such Equipment and the terms, provisions and conditions of which are "fair market" (such loan, an "Equipment Financing"); provided that no such Lien shall encumber any such Equipment unless the Collateral Agent shall hold, pursuant to the Deed of Trust, a perfected second priority Lien (i.e. second only to such Equipment Lien) for the benefit of the Lenders, securing the payment of the Indebtedness and the Borrower's other obligations under the Loan Documents.

Equipment Lien means any security interest, financing lease, personal property lien, conditional sales agreement, chattel mortgage, security agreement, title retention arrangement or similar arrangement (including any related financing statement) for Tenant's, or any Subtenant's, acquisition or leasing of any Financed Tenant/Subtenant FF&E used in the Premises that is leased, purchased under conditional sale or installment sale arrangements, encumbered by a security interest, or used under a license, provided that each Equipment Lien encumbers or otherwise relates only to the Financed Tenant/Subtenant FF&E for which such secured party provides bona fide purchase-money financing or a bona fide equipment lease after the Commencement Date.