Existing Encumbrance definition

Existing Encumbrance means any Encumbrance existing as at the Original Execution Date, details of which are set out in Part 1 of Schedule 10 (Existing Encumbrances).
Existing Encumbrance means the Encumbrance arising from the Existing Loan.
Existing Encumbrance has the meaning given to it in Clause 18.17 (Security)

Examples of Existing Encumbrance in a sentence

  • All such title deeds are in the possession of the lenders under the Existing Loans (as part of the Existing Encumbrance).

  • Tenant shall be permitted to record any such agreement, whether related to an Existing Encumbrance or a mortgage arising after the Effective Date, in the County land records.

  • Except with respect to the right to grant the Licenses and Releases and subject to any Existing Encumbrance (including, without limitation, any joint ownership agreement), the Interim License is intended to grant to Buyer all of the Sellers’ rights in the Jointly Owned Patents that are subject to the Interim License other than bare title.

  • Copies of the First Note and First Mortgage are attached hereto as Exhibit D and are sometimes hereinafter referred to as the "Existing Note" and "Existing Encumbrance".

  • Originals, if available, otherwise true, correct and complete copies of all documents relating to or constituting the Existing Encumbrance.


More Definitions of Existing Encumbrance

Existing Encumbrance means any Security existing on the date hereof over assets of any member of the Group details of which are set out in a list delivered to the Agent prior to the date hereof.
Existing Encumbrance means that floating charge, ranked subordinate to the charge under the Debenture, in favour of the State of Israel and securing Grants made by the Investment Centre in respect of Fab 1, a copy of which is attached hereto as Schedule 1.1.53;
Existing Encumbrance means an Encumbrance described in schedule 5.
Existing Encumbrance has the meaning set forth in Section 5.6(c)(iv).
Existing Encumbrance means an Encumbrance described in Schedule 5.
Existing Encumbrance means an encumbrance listed in the Tenth Schedule hereto;
Existing Encumbrance means any encumbrance over the Issuer’s or an Associated Company’s assets and/or undertakings that was granted by the Issuer or an Associated Company in connection with the Existing Secured Loan.