Monetary Title Encumbrances definition

Monetary Title Encumbrances shall have the meaning ascribed to such term in Section 2.4(e).
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Monetary Title Encumbrances means any title encumbrances affecting the Hotel or the Assigned Interests which are comprised of delinquent taxes or mortgages, deeds of trust, security agreements, or other similar liens or charges in a fixed sum (or capable of computation as a fixed sum) securing indebtedness or obligations which were created or expressly assumed by Ground Lessee.
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Monetary Title Encumbrances means any title encumbrances affecting the Property which are comprised of delinquent taxes, or mortgages, deeds of trust, security agreements, or other similar liens or charges including liens in the nature of those arising from judgments or pending litigation or construction, mechanics, materialmen’s or other liens or charges which are not being contested by Sellers in good faith and liens which were created or expressly assumed by Sellers) in a fixed sum (or capable of computation as a fixed sum) securing indebtedness or obligations (but not including liens against the Property evidencing the rights of third party lessors with respect to any Leased Property).
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Examples of Monetary Title Encumbrances in a sentence

  • To the extent releases or corrective instruments are required to be delivered by Seller pursuant to the terms of this Agreement, Seller shall pay for the costs associated with the releases of any deeds of trust, mortgages and other Monetary Title Encumbrances encumbering the Property and for any costs associated with any corrective instruments.


More Definitions of Monetary Title Encumbrances

Monetary Title Encumbrances shall have the meaning set forth in Section 2.4(c). --------------
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Monetary Title Encumbrances means any title encumbrances affecting the Hotel which are comprised of (i) liens on the Property for unpaid taxes or judgments against Seller, other than liens for taxes not yet due and payable, (ii) mortgages, deeds of trust, security agreements, or other liens or charges in a fixed sum (or capable of computation as a fixed sum) securing indebtedness or obligations which were created or expressly assumed by Seller, or (iii) liens against the Property in the nature of those arising from judgments or pending litigation or construction, mechanics, materialmen’s or other liens or charges for work performed by or on behalf of Seller or Manager. “New Survey” shall have the meaning ascribed to such term in Section 2.4(e) hereof.
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Monetary Title Encumbrances has the meaning set forth in Section 2.3.2.
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Monetary Title Encumbrances means any title encumbrances affecting the Property which are comprised of delinquent taxes, mortgages, security agreements, judgments, or construction, mechanics, materialmen’s or other monetary liens or charges.
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Monetary Title Encumbrances means any title encumbrances affecting the Summerfield Holding Entity Interest, the Summerfield Real Estate Companies or the Hotels which are comprised of (i) delinquent taxes or mortgages, deeds of trust, security agreements, or other similar liens or charges in a fixed sum (or capable of computation as a fixed sum) securing indebtedness or obligations which were created or expressly assumed by Transferor or its respective Operating Lessee or any other Wyndham Party or (ii) judgment liens or construction, mechanics, materialmen’s or other similar liens or charges arising by operation of law, which judgments or other such liens or charges are liquidated in amount and which encumbers only such Summerfield Interests, Summerfield Real Estate Companies and Contributed Hotels. Monetary Title Encumbrance shall not include any Leased Property Agreement.
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Related to Monetary Title Encumbrances

  • Permitted Encumbrances means:

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

  • Encumbrances means any mortgages, pledges, liens, security interests, conditional and installment sale agreements, activity and use limitations, conservation easements, deed restrictions, encumbrances and charges of any kind.

  • Title V means Title V of the federal Act for the Senior Community Service Employment Program for Older Americans.

  • 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.

  • Permitted Exceptions shall have the meaning set forth in Section 4.3.

  • Permitted Title Exceptions means those exceptions to title to the Real Property that are satisfactory to the Acquiror as determined pursuant to Section 2.2.

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

  • Permitted Liens means, with respect to any Person:

  • Subject Property means any premises located in the County on which an energy efficiency improvements, water efficiency improvements, or renewable resource applications are being or have been made and financed through an outstanding PACE loan.

  • Owner’s Title Policy means those certain ALTA extended coverage owner’s policies of title insurance issued in connection with the closing of the Mortgage Loan insuring the Mortgage Borrower as the owner of the Property.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.