Involuntary Liens definition

Involuntary Liens means any non-consensual Lien on the Property of any Person, including:
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Involuntary Liens as such term is defined in Section 6(2) hereof.
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Involuntary Liens as such term is defined in Section 6(2) hereof. • “IDS” - as such term is defined in the opening paragraph hereof.
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Examples of Involuntary Liens in a sentence

  • The Borrower will not permit any Involuntary Liens to exist upon the Properties of any RG Facility Entity, other than such Involuntary Liens that are RG Facility Entity Permitted Liens.

  • Notwithstanding the foregoing, none of the Liens permitted pursuant to this Section 6.02 (other than (1) involuntary Permitted Encumbrances, (2) Specified Involuntary Liens securing obligations not in excess of $20,000,000 at any time and (3) those permitted under clauses (a), (c), (g), (h) or (m) above) may at any time attach to any Collateral.

  • Each Seller, with respect to its Property or Properties, agrees to Cure, prior to or at Closing, (i) all Voluntary Liens; and (ii) the Involuntary Liens, if any, listed on Exhibit S.

  • Purchaser hereby acknowledges and agrees that Purchaser has no right to object to any Liens or Encumbrances disclosed in the Title Commitments or the Surveys set forth on Disclosure Schedule 6 and Disclosure Schedule 7, respectively, except for Involuntary Liens or Involuntary Encumbrances, if any, listed on Disclosure Schedule 8, and that the Sellers shall not be obligated to Cure any of such Liens or Encumbrances except as provided in the first sentence of Section 4.1.2 below.

  • Each Seller, with respect to its Property or Properties, agrees to Cure, prior to or at Closing, (i) all Voluntary Liens; and (ii) the Involuntary Liens, if any, listed on Exhibit “S.” If a Seller or Purchaser becomes aware after the Effective Date of an Involuntary Lien not designated on Exhibit S, such Seller or Purchaser, as applicable, shall promptly give notice to the other of such Involuntary Lien.

  • If the cost to Cure such Involuntary Lien or Involuntary Encumbrance, together with the cost to Cure all other Involuntary Liens and Involuntary Encumbrances of which the Purchaser or any Seller has received written notice pursuant to the preceding sentence after the date hereof and prior to Closing (each, a “New Title Matter”), does not exceed $2,500,000, such Seller shall be obligated to Cure such New Title Matter prior to or at Closing, at such Seller’s sole cost and expense.

  • Seller agrees to Cure, prior to or at Closing, (i) all Voluntary Liens; and (ii) the Involuntary Liens, if any, listed on Exhibit S.

  • NEGATIVE COVENANTS 79 |US-DOCS\145399031.8|| 9.1. Nature of Business 80 9.2. Fundamental Changes 80 9.3. Asset Sales 80 9.4. Restrictions on Indebtedness 81 9.5. Interest Rate Hedging Agreements 84 9.6. Transactions with Affiliates 85 9.7. Involuntary Liens of RG Facility Entities 85 9.8. Energy Regulatory 85 9.9. Use of Proceeds 86 9.10.

  • NEGATIVE COVENANTS 89 9.1. Nature of Business 90 9.2. Fundamental Changes 90 9.3. Asset Sales 90 9.4. Restrictions on Indebtedness 91 9.5. Interest Rate Hedging Agreements 94 9.6. Transactions with Affiliates 94 9.7. Involuntary Liens of RG Facility Entities 95 9.8. Energy Regulatory 95 9.9. Use of Proceeds 95 9.10.

  • Seller agrees to Cure, prior to or at Closing, (i) all Voluntary Liens; and (ii) the Involuntary Liens, if any, listed on Exhibit “S.” If Seller or Purchaser becomes aware after the Effective Date of an Involuntary Lien not designated on Exhibit S, Seller or Purchaser, as applicable, shall promptly give notice to the other of such Involuntary Lien.