Permitted Charges means the Charges created by the Security Documents and, with respect to any Person:
Permitted Charges means, with respect to any property or asset of any person, the following Charges:
Permitted Charges means (a) mechanic’s, materialmen’s, carriers’, repairers’ and other similar statutory Charges arising or incurred in the Ordinary Course for amounts that are not yet delinquent or are being contested in good faith by appropriate Proceedings and for which sufficient reserves have been established in accordance with IFRS, (b) Charges for Taxes, assessments or other governmental charges or otherwise arising by operation of law in respect of obligations not yet due and payable as of the Closing or which have been postponed or are being contested in good faith by appropriate Proceedings and for which sufficient reserves have been established in accordance with IFRS, (c) pledges or deposits made in the Ordinary Course in connection with bids, tenders, leases or contracts or to comply with the requirements of any legislation or regulation applicable to the Company and the Guarantors or their business or assets, (d) encumbrances and restrictions on real property (including easements, covenants, conditions, rights of way and similar restrictions) that do not prohibit or materially interfere with any of the Group Companies’ use or occupancy of such real property, (e) zoning, building codes and other land use Laws regulating the use or occupancy of real property or the activities conducted thereon which are imposed by any Governmental Entity having jurisdiction over such real property and which are not violated by the use or occupancy of such real property or the operation of the businesses of the Group Company and do not prohibit or materially interfere with any of the Group Companies’ use or occupancy of such real property, (f) cash deposits or cash pledges to secure the payment of workers’ compensation, unemployment insurance, social security benefits or obligations arising under similar Laws or to secure the performance of public or statutory obligations, surety or appeal bonds, and other obligations of a like nature, in each case in the Ordinary Course and which are not yet due and payable, (g) non-exclusive licenses of Group Company Owned Intellectual Property granted to customers and vendors in the Ordinary Course, on standard terms and conditions, (h) the IQ Security so long as subject to the IQ Intercreditor Agreement, (i) the Desjardins Security so long as subject to the Desjardins Intercreditor Agreement, (j) the Note Security, (k) fixed pledges over deposits in the bank accounts of Vayavision in favour of Bank Hapoalim Inc. and Bank Leumi le-Israel B.M. ...
Examples of Permitted Charges in a sentence
The Owner will pay the costs of clearing title except for Permitted Charges.
Subject to Section 2.6 herein, in consideration of the payment of the Option Fee, the receipt and sufficiency of which from the City is hereby acknowledged by the Owner, the Owner grants to the City, as optionee, the sole and exclusive option, irrevocable within the time herein limited, to purchase the Lands free from all liens, charges, encumbrances, equities, claims, encroachments, and defects in title, except for Permitted Charges and on the terms and conditions set out herein.
The City will have the right to vacant possession of the Purchased Lands, subject to Permitted Charges, on the Closing Date after payment of the Purchase Price.
The Owner will deliver to the City promptly such authorizations as the City may require to conduct due diligence searches with respect to the Owner and the Purchased Lands to ascertain that, from and after the Closing Date, the Purchased Lands will not be subject to liens, charges, encumbrances, equities or claims, except for Permitted Charges.
More Definitions of Permitted Charges
Permitted Charges means any Charges for taxes, assessments or governmental claims or other impositions not yet due or matured;
Permitted Charges means any:
Permitted Charges means, collectively, the following
Permitted Charges means (i) Charges for taxes and assessments or governmental charges not yet due or which are being contested in good faith and by appropriate proceedings and for which adequate reserves have been established and which are accurately reflected in the Financial Statements; (ii) Charges in favor of landlords, carriers, warehousemen, mechanics, workmen and materialmen and construction or similar liens arising by operation of law or incurred in the ordinary course of business for sums not yet due or that are being contested in good faith and for which adequate reserves have been established and which are accurately reflected in the Financial Statements; (iii) Charges in respect of pledges or deposits under worker's compensation laws or similar legislation, unemployment insurance or other types of social security or to secure the performance of tenders, statutory obligations, surety and special Bonds, bids, leases, government contracts, performance and return of money Bonds and similar obligations, each of which is accurately reflected in the Financial Statements; (iv) Charges reflected in the Financial Statements; (v) Charges to be discharged at or prior to Closing; (vi) rights reserved to or vested in any governmental authority to control or regulate any Real Property or interests therein in any manner, and all laws of any governmental authority; (vii) Charges related to the Debt Instruments; and (viii) with respect to real property used or held for mining purposes, easements, rights-of-way and other Charges typically found on real property used for mining purposes, which Charges do not materially impair mining operations conducted on, under or upon any parcel or parcels of such Real Property.
Permitted Charges means, collectively, the following: the security presently existing or hereafter created in favour or for the benefit of the Lender;
Permitted Charges means, in respect of each Lot, those notations, reservations, liens, charges or encumbrances set out in Part 1 of Schedule “A”, together with any additional notations, reservations, liens, charges or encumbrances expressly permitted by the City;
Permitted Charges has the meaning ascribed thereto in Schedule 6.19.