Permitted Charge definition

Permitted Charge means a Permitted Lien to the extent that its priority over the Security Interest created hereby would not (a) cause a breach of any representation or warranty of the Borrower in Section 3(c), or (b) violate any covenant of the Borrower in Section 4(h).

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Permitted Charge means a Permitted Lien to the extent that such Permitted Lien is, to the extent permitted pursuant to Section 3(c) of this Security Agreement, senior to the Security Interest created hereby.

Permitted Charge has the meaning given to such term in the Initial Subscription Agreement.

Examples of Permitted Charge in a sentence

• However, if Tenant disputes a Permitted Charge processed by Obligo, then Landlord and Tenant are solely responsible for resolving the dispute.

• At the Time of Closing, the Vendor or the Subsidiary, as the case may be, will have the full legal rights, power and authority to sell, assign and transfer the Purchased Assets to S&N free of all Charges, except for the Permitted Charge.

• In some cases, Landlord may be able to revise a Permitted Charge after it has been submitted.

• The Schedule of Benefits shows any copay, deductible, covered percentage, and maximum benefit that may apply to the Ambulance Expense benefit.

• Tenant hereby waives any right of action against Obligo for damages or other claims arising from the processing of any Permitted Charge by Obligo in accordance with the terms of this Agreement.

More Definitions of Permitted Charge

Permitted Charge has the meaning given to it in Section 13.7(a).

Permitted Charge means, with respect to any Person:

Permitted Charge means the permitted charge defined in clause 16.5(b). Permitted Chargee means the permitted chargee defined in clause 16.5(b)(i). Previous Shareholders' Agreement has the meaning given in the Recital.

Permitted Charge means a an amount of money that Tenant is deemed to owe a Landlord, whereby Landlord issues a request to charge an amount of money from the Holding Deposit, Security Deposit, and/or a Billing Authorization, as permitted by applicable law and the Lease Agreement, for damage to the Rental Property, failure to move-in/sign the lease, failure to pay rent, utilities, etc.

Permitted Charge means a second ranking security interest to be executed by the Borrower in favour of Cygnet Ventures Limited such security being subject to the Inter-Creditor Agreement and described in the Third Schedule thereto;

Permitted Charge means any Charges in favour of the Operating Lender, any Operating Line Security, purchase money security interests in goods acquired for the purpose of carrying on the Corporation's business, and Charges consented to

Permitted Charge means the security interest granted by the Vendor to De ▇▇▇▇ ▇▇▇▇▇▇ Financial Services Canada Inc. in respect of an Equipment Lease and registered at Alberta Personal Property Registry on June 21, 2006 as Registration Number 06062138265;