Supplier Lien definition

Supplier Lien means any Lien granted in favour of a supplier or distributor of tangible goods to any Obligor, provided that such Lien attaches only to such tangible goods supplied or distributed and the proceeds thereof and do not attach to any other Collateral.

Supplier Lien means a lien, security interest, charge or encumbrance, or other right or claim in, of or on Arrow SI’s assets or properties (including any UCC financing statement or any similar instrument filed against Arrow SI’s assets or properties) in respect of certain bundled hardware and software products, where a component of such bundled product is supplied under a written agreement, pursuant to which such lien, security interest, charge or encumbrance, or other right or claim is created on such component in favor of the supplier of such component.

Supplier Lien means the Supplier Security Interest and any other security interest in or lien upon any property of the Borrower, or Borrower's interest in any property, howsoever arising, securing the repayment of the Supplier Indebtedness, or any part thereof.

Examples of Supplier Lien in a sentence

• With the increase of the MEA, the Mach number grad- ually decreases.

• The Supplier Lien and Bond Waiver form in the Appendices protects the interest of the owner or general contractor without eliminating legitimate security rights for unpaid labor or materials.All types of waivers must be “clearly and unambiguously expressed.” This rule is meant to protect legal rights.

• Supplier Agreement or Supplier Lien Release and Acknowledgment Agreement Defaults.

• Upon request by Company, Contractor shall provide Lien and Claim releases executed by Contractor, each and every Subcontractor, and all suppliers through the date of each invoice submitted in accordance with Exhibit F (Form of Contractor Lien Release), Exhibit G (Form of Subcontractor Lien Release) and Exhibit H (Form of Supplier Lien Release), respectively.

• In April 2016, Kyocera Corporation implemented an absorption-type merger with Kyocera Circuit Solutions, Inc.

• As introduced, HB 1220 would require an ag supplier to send an authenticated notification to the holder of a conflicting security interest of record which states the ag supplier may acquire an Ag Supplier Lien in the crops, ag products, or livestock of the debtor in an amount that exceeds $50,000.

• HB 1220 – was our collaborative bill seeking to require ag suppliers to provide notification to lienholders of record when they extend credit in excess of $50,000 for supplies that may ultimately become an Ag Supplier Lien.

• Creditor agrees that, until the Senior Debt has been paid in full and satisfied and all financing arrangements between Borrower and Lender have been terminated in writing, the existence of this Agreement shall be fully disclosed in connection with any assignment or transfer by Creditor of the Supplier Lien, whether in whole or in part, and the rights of any such assignee shall be made expressly subject to this Agreement in a manner reasonably satisfactory to Lender.

• The Supplier Lien and Bond Waiver in the Appendices protects the interest of the owner or general contractor without eliminating legitimate security rights for unpaid labor or materials.All types of waivers must be “clearly and unambiguously expressed.” This rule is meant to protect legal rights.