Statutory Liens definition

Statutory Liens has the meaning set forth in Section 7.3.
Statutory Liens has the meaning set forth in Section 4.3(e).
Statutory Liens means any lien in respect of the Property created by or arising from any Applicable Laws in favour of any Person and “Statutory Lien” means any one of the Statutory Liens; and

Examples of Statutory Liens in a sentence

  • Notwithstanding anything to the contrary set forth in this Section 9.02, in no event shall any Credit Party create, incur, assume or suffer to exist any Lien (other than Canadian Statutory Liens, Liens in favor of the Collateral Agent pursuant to the Credit Documents and Liens described in Section 9.02(w)) upon the rights of any Credit Party under any Material Contract or any accounts receivable, Collections or proceeds arising thereunder or with respect thereto.

  • Landlord acknowledges and agrees that Tenant may convey the Tenant Personalty, including granting security interests in the Tenant Personalty, from time to time free and clear of all Statutory Liens.

  • Landlord and Lender shall, upon written demand of Tenant from time to time, execute and deliver to Tenant such documents as may reasonably be required to evidence and confirm Landlord's waiver of the Statutory Liens.

  • Landlord hereby forever waives and releases any and all liens, security interests and rights of Landlord created, granted or imposed by statute, law or regulation ("Statutory Liens") on, in or to any tangible personal property of Tenant located at any time at the Premises (the "Tenant Personalty").

  • Following the Statutory Liens Waiver Period, Borrower shall promptly cause all notices filed of record in connection with any Statutory Lien to be released of record.


More Definitions of Statutory Liens

Statutory Liens means any and all “statutory liens” as such term is defined in section 101(53) of the Bankruptcy Code.
Statutory Liens has the meaning specified in Section 8.01(b).
Statutory Liens has the meaning set forth in Section 7.3. "STOCKHOLDERS" has the meaning set forth in the first paragraph of this Agreement.
Statutory Liens means (a) zoning, building and other land use regulations affecting the use of real property and (b) covenants, conditions, restrictions, easements and other similar matters of record affecting title to real property which, individually or in the aggregate, do not materially impair the occupancy or use of the real property by the Targets for the purposes for which it is currently used in connection with the Business.
Statutory Liens means clauses (ii), (iii) and (iv) of the definition of Permitted Liens.
Statutory Liens means liens for taxes, assessments, fees, and other governmental charges.
Statutory Liens means any lien, charge, encumbrance or security interest created pursuant to any Canadian provincial, Canadian federal or United States federal or state legislation, statute, regulation or by other governmental authority.