Examples of Provincial Lien Legislation in a sentence
Against a Sears Canada Entity under trust provisions of applicable Provincial Lien Legislation $$B.
Against a Director or Officer under trust provisions of applicable Provincial Lien Legislation $$C.
Various potential Construction Claimants have already asserted such Construction Claims against the Sears Canada Entities by registering liens under applicable Provincial Lien Legislation and in some cases by alleging trust claims.
Set forth in the written Representations and --------------------- Warranties of Borrower previously delivered to TBCC is a complete and accurate list of all patents, trademarks, trade names, service marks and copyrights (registered and unregistered), and all applications therefor and licenses thereof, of Borrower.
If, during the one year period commencing on the Trigger Date and ending on the first anniversary of the Trigger Date, (i) the Bank shall terminate the Officer’s employment without Cause, or (ii) the Officer shall terminate employment for Good Reason, then the Bank shall pay to Officer the Severance Payment (defined below).
The Initial Order creates a procedure (the “ Lien Claims Procedure”) whereby the rights of potential claimants (“Lien Claimants”) to register any claim for lien (“Lien Claim”) are stayed and substituted for a Lien Charge, which is equal in the value to that which could have been secured by way of a lien under Provincial Lien Legislation.
In addition to the foregoing, the Proposed Monitor understands that Provincial Lien Legislation may in certain circumstances give rise to the ability of certain parties to register liens on property that is the subject of projects being performed by FirstOnSite.
Against a Director or Officer under trust provisions of applicable Provincial Lien Legislation $$ C.
Such distribution order to be sought by the Applicant is to be acceptable to the DIP Lender and to the Monitor, and will require providing for certain reserves, including for amounts relating to, inter alia, the Administration Charge (as defined below), certain priority payables, and certain potential claims given priority pursuant to Provincial Lien Legislation (as defined and further discussed below).
The Northland Parties and other third parties, including the Monitor and A&M, will also be released and discharged from all claims, including without limitation claims that are in any way relating to, among other things, the Construction Lien Claims and the ongoing litigation under the Provincial Lien Legislation, will be dismissed.