Excepted Lien definition

Excepted Lien has the meaning assigned such term in Section 9.03.
Excepted Lien means Liens:
Excepted Lien is defined in Section 7.5.

Examples of Excepted Lien in a sentence

  • No Tax Lien (other than an Excepted Lien) has been filed and, to the knowledge of the Borrower, no claim is being asserted with respect to any such Tax or other such governmental charge.

  • No Tax Lien (other than an Excepted Lien of the type in (a) of the definition thereof) has been filed and, to the knowledge of the Borrower, no claim is being asserted with respect to any such Tax or other such governmental charge.

  • No effective financing statement or other registration or instrument similar in effect covering any Collateral is on file in any recording office except any that has been filed in favor of the Senior Administrative Agent or the Senior Lenders in connection with the Senior Revolving Credit Documents, those in favor of the Secured Parties relating to this Agreement and any that has been filed to perfect or protect any Excepted Lien.

  • No effective financing statement or other registration or instrument similar in effect covering any Collateral is on file in any recording office except any that has been filed in favor of the Secured Parties relating to this Agreement and any that has been filed to perfect or protect any Excepted Lien.

  • No Tax Lien (other than an Excepted Lien) has been filed with respect to the Properties of the Borrower and the Restricted Subsidiaries and, to the knowledge of the Borrower, no written claim is being asserted by any Governmental Authority with respect to any material unpaid Tax that could give rise to any such Tax Lien.

  • No Tax Lien (other than an Excepted Lien) has been filed and, to the knowledge of the Borrower, no material claim is being asserted with respect to any such Tax or other such governmental charge.

  • No material tax lien (other than any Excepted Lien) has been filed and, to the knowledge of the Guarantor, no material claim is being asserted with respect to any such tax, fee or other charge.

  • No Tax Lien (other than an Excepted Lien with respect to Taxes) has been filed and, to the knowledge of the Obligors, no claim is being asserted in writing with respect to any material unpaid Tax.

  • No material tax lien (other than any Excepted Lien) has been filed and, to the knowledge of the Borrower, no material claim is being asserted with respect to any such tax, fee or other charge.

  • No Tax Lien (other than an Excepted Lien) has been filed and, to the knowledge of the Borrower, no claim is being asserted in writing with respect to any such Tax.


More Definitions of Excepted Lien

Excepted Lien means those Liens permitted under Section 7.01 of the Credit Agreement.
Excepted Lien means a Lien created or imposed after the date hereof that:
Excepted Lien means any Lien referred to in clauses (2), (3) or (5) of the definition of “Permitted Lien” (as defined in the Indenture) and any replacement of such Permitted Liens pursuant to clause (11) of the definition thereof.
Excepted Lien means any Lien that is described in clauses (e), (i), (k), (l), (o), (p), (q) and (w) of the definition ofPermitted Liens” and that are junior to the Agent’s Lien.

Related to Excepted Lien

  • Permitted Lien means the individual and collective reference to the following: (a) Liens for taxes, assessments and other governmental charges or levies not yet due or Liens for taxes, assessments and other governmental charges or levies being contested in good faith and by appropriate proceedings for which adequate reserves (in the good faith judgment of the management of the Company) have been established in accordance with GAAP, (b) Liens imposed by law which were incurred in the ordinary course of the Company’s business, such as carriers’, warehousemen’s and mechanics’ Liens, statutory landlords’ Liens, and other similar Liens arising in the ordinary course of the Company’s business, and which (x) do not individually or in the aggregate materially detract from the value of such property or assets or materially impair the use thereof in the operation of the business of the Company and its consolidated Subsidiaries or (y) are being contested in good faith by appropriate proceedings, which proceedings have the effect of preventing for the foreseeable future the forfeiture or sale of the property or asset subject to such Lien and (c) Liens incurred in connection with Permitted Indebtedness.

  • Permitted Liens means, with respect to any Person:

  • Permitted Encumbrances means:

  • Permitted Encumbrance means, with respect to any Mortgaged Property, such exceptions to title as are set forth in the Mortgage Policy delivered with respect thereto, all of which exceptions must be acceptable to the Administrative Agent in its reasonable discretion.

  • Valid lien means a lien that is effective against the holder of a judicial lien subsequently obtained by legal or equitable process or proceedings.

  • Blanket encumbrance means a trust deed or mortgage or any other lien or encumbrance,

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Liens means a lien, charge, pledge, security interest, encumbrance, right of first refusal, preemptive right or other restriction.

  • Permitted Priority Liens means (i) Liens permitted under Section 9.02(c), (d), (e), (f), (g), and (j), and (ii) Liens permitted under Section 9.02(b) provided that such Liens are also of the type described in Section 9.02(c), (d), (e), (f), (g), and (j).

  • Excluded Property shall have the meaning set forth in the Security Agreement.