Lien shall definition

Lien shall mean any interest in property securing an obligation, whether such interest is based on common law, statute or contract, and including any restriction on the use, voting, transfer, receipt of income or other exercise of any attributes of ownership, any security interest or lien arising from a mortgage, claims, encumbrance, pledge, charge, easement, servitude, security agreement, conditional sale or trust receipt or a lease, consignment or bailment for security purposes. The term "Lien" shall also include reservations, exceptions, covenants, conditions, restrictions, leases, subleases, licenses, occupancy agreements, pledges, equities, charges, assessments, covenants, reservations, defects in title, encroachments and other burdens, and other title exceptions and encumbrances affecting property of any nature, whether accrued or unaccrued, or absolute or contingent.
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Lien shall mean: (a) any interest in Property securing an obligation owed to, or a claim of a Person other than the owner of the Property, whether such interest is based on common law, statue, or contract, and including without limitation, a security interest, charge, claim, or lien arising from a mortgage, deed of trust, encumbrance, pledge, hypothecation, assignment, deposit arrangement, agreement, security agreement, conditional sale contract, trust receipt, or lease, consignment or bailment for security purposes; and (b) to the extent not included under clause "(a)," any reservation, exception, encroachment, easement, right-of-way, covenant, condition, restrictment, lease, or other title exception or encumbrance affecting Property.
Sample 1
Lien shall mean: (a) any interest in property securing an obligation owed to, or a claim by, a Person other than the owner of such property, whether such interest is based on common law, statute, or contract, and including without limitation, a security interest, charge, claim, or lien arising from a mortgage, deed of trust, encumbrance, pledge, hypothecation, assignment, deposit arrangement, agreement, security agreement, conditional sale or trust receipt or a lease, consignment or bailment for security purposes (but excluding any lease, consignment or bailment which is not for security purposes) and (b) to the extent not included in clause (a), any reservation, exception, encroachment, easement, right-of-way, covenant, condition, restriction, lease or other title exception or encumbrance affecting property. Material Adverse Effect shall mean a material adverse effect on (a) the business, condition (financial or otherwise), operations, performance or properties of Lessee or the Parent and its Subsidiaries taken as a whole, (b) the legality, validity, binding effect, or enforceability of any Operative Agreement or (c) the ability of Lessee to perform its obligations in any material respect under any Operative Agreement.
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Examples of Lien shall in a sentence

  • Such Lien shall survive the satisfaction and discharge of this Indenture.

  • Any Lien created for the benefit of the Holders of the Notes pursuant to the preceding sentence shall provide by its terms that such Lien shall be automatically and unconditionally released and discharged upon the release and discharge of the Initial Lien.

  • Such Lien shall survive the satisfaction and discharge of this Indenture and the resignation or removal of the Trustee.

  • Such Lien shall survive the resignation or removal of the Trustee, the satisfaction and discharge of this Indenture and the termination of this Indenture.

  • Such Lien shall survive the resignation or removal of the Trustee and the satisfaction and discharge of this Indenture.

  • Neither the Benefit Assessment Lien nor any Annual Installment Lien shall be extinguished or accelerated in the event of a default or bankruptcy of the Benefited Property Owner.

  • Such Lien shall survive the satisfaction and discharge or termination for any reason of this Indenture and the resignation or removal of the Trustee.

  • With respect to any Lien securing Indebtedness that was permitted to secure such Indebtedness at the time of the Incurrence of such Indebtedness, such Lien shall also be permitted to secure any Increased Amount of such Indebtedness.

  • Each Annual Installment Lien shall be subordinate to all Municipal Liens, whether created by Section 902 of the RPTL or by any other State or local law.

  • The amount of the Benefit Assessment Lien shall be the Secured Amount.


More Definitions of Lien shall

Lien shall mean any interest in Property securing an obligation owed to, or a claim by, a Person other than the owner of the Property, whether such interest is based on common law, statute or contract, including, without limitation, any security interest, mortgage, deed of trust, pledge, hypothecation, judgment lien or other lien or encumbrance of any kind or nature whatsoever, any conditional sale or trust receipt, any lease, consignment or bailment for security purposes and any Capitalized Lease. The term "Lien" shall include reservations, exceptions, encroachments, easements, rights-of-way, covenants, conditions, restrictions, leases and other title exceptions and encumbrances affecting Property. Loans shall mean the Revolving Credit Loans and the Letter of Credit Loans made by the Banks pursuant to the Revolving Credit Agreement. Mercantile shall mean Mercantile Bank National Association, a national banking association, in its individual corporate capacity as a Bank hereunder and not as Agent or Collateral Agent hereunder.
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Related to Lien shall

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Mortgage Borrower shall have the meaning set forth in the Recitals to this Agreement.

  • Maintain means to maintain and keep in good repair any part of the Natural Gas Distribution System;

  • City Zip Code Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 4073522 KY 300 14 87032.94 70300 779.66 737 407352200000000 8 298 1 126000 11/21/2000 30 Alexandria 41001 2 12.750 125 70267.28 11/30/2025 2 4073683 UT 301 14 151982 48000 536.85 709 407368300000000 8 299 1 160000 11/07/2000 46 Xxxxxxx 84015 2 12.880 125 47978.15 12/01/2025 2 4073779 AR 241 14 46747 35000 410.05 709 407377900000000 9 239 1 75000 11/30/2000 21 Jonesboro 72401 2 13.000 109 34969.12 12/05/2020 2 4073903 PA 240 14 95367 50000 640 664 407390300000000 9 238 1 117000 11/03/2000 48 Dauphin 17018 2 14.500 125 49891.2 11/09/2020 2 4073951 IN 181 129439 50000 691.25 664 407395100000000 6 179 1 145000 11/29/2000 50 INDIANAPOLIS 46239 2 14.750 124 49923.33 12/04/2015 2 4073952 UT 301 14 132362 27000 304.31 699 407395200000000 8 299 1 144000 11/29/2000 45 LEHI 84043 2 12.990 111 26987.97 12/04/2025 2 4073953 DE 301 14 91018 26400 348.41 666 407395300000000 8 299 1 94000 11/28/2000 35 XXXXXXXXXX 00000 2 15.500 125 26341 12/02/2025 2 4073954 MN 240 14 94962 47900 666.05 668 4073955 UT 181 14 159067 50000 691.25 675 407395500000000 6 179 1 182000 11/29/2000 00 XXXX XXXXXX 84088 2 14.750 115 49923.33 12/04/2015 2 4073956 AZ 181 14 121959 34900 536.87 659 407395600000000 6 179 1 127000 11/27/2000 45 PHOENIX 85051 2 16.990 124 34857.26 12/04/2015 2 4073957 OR 181 14 128429 35000 483.88 746 407395700000000 6 179 1 140000 11/29/2000 41 MILWAUKEE 97222 2 14.750 117 34946.33 12/04/2015 2 4073959 PA 300 14 87508 45000 482.28 721 407395900000000 8 299 1 107000 12/01/2000 45 PITTSBURGH 15239 2 12.250 124 44759.38 12/06/2025 2 4073961 MI 240 14 83125 29200 428.08 648 407396100000000 9 239 1 97000 12/01/2000 00 XXXXXXXX XXXXXX 48125 2 16.990 116 29183.42 12/06/2020 2 4073962 UT 241 14 114731 34000 416.64 720 407396200000000 9 239 1 119000 11/29/2000 35 XXX 84067 2 13.750 125 33972.94 12/04/2020 2 4073963 MD 180 4 120954 35000 465.87 744 407396300000000 6 179 1 140000 12/01/2000 42 GERMANTOWN 20874 2 13.990 112 34883.67 12/06/2015 2 4073964 ID 301 14 84000 50000 630.73 662 407396400000000 8 299 1 111000 11/27/2000 30 MERIDIAN 83642 2 14.750 121 49983.85 12/01/2025 2 Page 160 of 409

  • Collateral and Guarantee Requirement means, at any time, the requirement that:

  • Hedge Collateral Defined in Section 5.3(b).

  • Mortgage Pool Assets (i) The Mortgage Loans (including all Substitute Mortgage Loans) identified on the Mortgage Loan Schedule, and all rights pertaining thereto, including the related Mortgage Notes, Mortgages, Cooperative Stock Certificates, Cooperative Leases, Security Agreements, Assignments of Proprietary Lease, and Recognition Agreements, and all Monthly Payments due after the Cut-Off Date and all other payments and distributions collected with respect to the Mortgage Loans on or after the Cut-Off Date; (ii) the Certificate Account, the Investment Account, and all money, instruments, investment property, and other property credited thereto, carried therein, or deposited therein (except amounts constituting the Servicing Fee); (iii) the Custodial Accounts for P&I and any Buydown Fund Account (to the extent of the amounts on deposit or other property therein attributable to the Mortgage Loans), and all money, instruments, investment property, and other property credited thereto, carried therein, or deposited therein (except amounts constituting the Servicing Fee); (iv) all property that secured a Mortgage Loan and that has been acquired by foreclosure or deed in lieu of foreclosure or, in the case of a Cooperative Loan, a similar form of conversion, after the Cut-Off Date; and (v) each FHA insurance policy, Primary Insurance Policy, VA guaranty, and other insurance policy related to any Mortgage Loan, and all amounts paid or payable thereunder and all proceeds thereof.

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Note Mortgage and/or an ABL Mortgage.

  • Mortgagor's Name Address: Loan No.: Reason for requesting file:

  • Name of Institution Federated Bank Loan Core Fund By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: VP-Sr Analyst/Portfolio Manager For any institution requiring a second signature line: By: Name: Title: ☒ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans). Name of Institution: First American Title Insurance Company By: Pacific Investment Management Company LLC, as its Investment Advisor By: /s/ Xxxxxx Y.D. Xxx Name: Xxxxxx Y.D. Ong Title: Executive Vice President For any institution requiring a second signature line: By: Name: Title: ☒ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans). Name of Institution: Flagship CLO VIII Ltd BY: Deutsche Investment Management Americas Inc., As Interim Investment Manager By: /s/ Xxxx Xxxxxxx Name: Xxxx Xxxxxxx Title: Portfolio Manager For any institution requiring a second signature line: By: /s/ Xxx Xxxxxxxxx Name: Xxx Xxxxxxxxx Title: Vice President ☒ In addition to consenting to the Amendment, the above signed institution also elects to roll on a cashless basis its Term B Loans into such Term B Loans as amended by this Amendment. The undersigned hereby executes this Amendment as a Consenting Term B Lender (i.e. a Lender holding Term B Loans).

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Qualifying Institution means the United States office of a commercial bank or trust company organized under the laws of the United States of America or a political subdivision thereof, or a foreign bank, having assets $10,000,000,000 (net of reserves) and a credit rating on its long-term senior unsecured debt of at least "A" from S&P and "A2" from Moody's.

  • Collateral has the meaning set forth in Section 2.

  • Mortgagee The mortgagee or beneficiary named in the Mortgage and the successors and assigns of such mortgagee or beneficiary.

  • Mortgagor The obligor on a Mortgage Note.

  • Renter – shall mean any tenant residing in a Resident’s home pursuant to a valid rental or lease agreement.

  • Collateral Agent as defined in the preamble hereto.