Other Encumbrances definition
Examples of Other Encumbrances in a sentence
Pledgor will, at Pledgor’s sole expense, defend the Collateral against and take such other action as is necessary to remove such Other Encumbrances and defend the right, title and interest of Holder in and to any of Pledgor’s rights to the Collateral, including without limitation any proceeds and products thereof, against the claims and demands of all persons.
All shares shown on such Schedule as owned by AOL have been duly authorized and validly issued, are owned by and registered in the name of AOL, free and clear of all Liens and Other Encumbrances except as shown on Schedule 3.2(b) (all of which Liens or Other Encumbrances shown on such Schedule shall be released and discharged at or prior to the Closing), and are fully paid and non-assessable.
Following the consummation of the transactions contemplated hereby, ANS and each ANS Entity will own, free and clear of all Liens or Other Encumbrances, or have the exclusive right to use, sell, license or dispose of or otherwise will have sufficient rights to use, ANS Rights, except for failures to own free and clear, license to use or otherwise have sufficient rights to use as would not have a Material Adverse Effect.
On the Closing Date, WorldCom will transfer to AOL or its designee(s) good title to the CompuServe Assets and the CompuServe Online Services Business (except as provided in Section 1.4 in respect of Delayed Assets, if any), free and clear of any Lien or Other Encumbrances which would have a Material Adverse Effect with respect to the CompuServe Online Services Business.
AOL shall deliver the ANS Shares, at the Closing, to WorldCom (or to CompuServe if directed by WorldCom) free and clear of all Liens and Other Encumbrances.
Debtor will, at Debtor's sole expense, defend the Collateral against and take such other action as is necessary to remove such Other Encumbrances and defend the right, title and interest of Secured Party in and to any of Debtor's rights to the Collateral, including without limitation any proceeds and products thereof, against the claims and demands of all persons other than the holder of Permitted Liens.
Claims for indemnification pursuant to Sections 11.1(a) (Misrepresentation and Breach of Warranty), to the extent it is based on a breach of Section 3.5 (Mortgages, Security Interests, Liens, and Other Encumbrances of Title), 11.1(b) (Breach of Covenant or Agreement), 11.1(c) (Taxes), and 11.1(f) (Unassumed Liabilities), to the extent it is based on an Absolute Unassumed Liability, shall be paid from the first dollar of Loss.
Seller 5.9(d) Liens and Other Encumbrances.................................................
Schedule of Mortgages, Liens and Other Encumbrances 2.17..............
Section 8.1 Payments 90 Section 8.2 Insurance 90 Section 8.3 Prohibited Transfer 90 Section 8.4 Covenants 90 Section 8.5 Representations and Warranties 90 Section 8.6 Other Encumbrances 90 Section 8.7 Involuntary Bankruptcy or Other Proceeding 91 Section 8.8 Voluntary Petitions, etc.