Lien Created Sample Clauses

Lien Created. This Indenture shall operate effectually as (a) a grant of a lien on and security interest in the Trust Estate and (b) an assignment of the Trust Estate.
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Lien Created. This Indenture shall operate effectually as (a) a grant of lien on and security interest in, and (b) an assignment of, the Trust Estate.
Lien Created. The operator of a self-service storage facility has a lien on all personal property stored within each leased space for rent, labor or other charges, and for expenses reasonably incurred in its sale, as provided in this Act. The lien attaches as of the date the occupant leases the space. [PL 2011, c. 376, §5 (AMD).]
Lien Created. This Agreement shall operate effectually as (a) a grant of lien on and security interest in, and (b) an assignment of, the Trust Estate.
Lien Created. This Agreement and the Notes are secured by the assets pledged in favor of the Collateral Agent created with the proceeds of the Notes. All real and personal property held by the Collateral Agent, including notes, mortgages, investments and cash balances, have been pledged hereby and a security interest, lien, charge and encumbrance created in favor of Collateral Agent for the benefit of the Holders. The Company agrees to maintain books and records for the Collateral Agent and to segregate all assets of the Collateral Agent and identify them separately from other assets of the Company. Subject to the provisions of Section 4.06(a) above, the Company agrees to execute and deliver to Collateral Agent a separate collateral assignment in blank in favor of Collateral Agent or its nominee of each note and mortgage (which terms shall include deeds of trust, deeds to secure debt, and other securities instruments) which is pledged by the Company and to execute such other and further 18 - assignments and documents as may be reasonably required by Collateral Agent to evidence the security interest created hereby in favor of Collateral Agent.
Lien Created. The payment of each fine and/or damage charge levied by the Board against the Owner of a Tract is, together with any late charges, interest and all costs of collection, including attorney’s fees, secured by the lien granted to the Association pursuant to Section 4.01(b) of this Covenant. The fine and/or damage charge will be considered an Individual Assessment for the purpose of this Article, and will be enforced in accordance with the terms and provisions governing the enforcement of Assessments pursuant to this Article 4.

Related to Lien Created

  • Security Interest in Collateral The provisions of this Agreement and the other Loan Documents create legal and valid Liens on all the Collateral in favor of the Administrative Agent, for the benefit of the Secured Parties, and such Liens constitute perfected and continuing Liens on the Collateral, securing the Secured Obligations, enforceable against the applicable Loan Party and all third parties, and having priority over all other Liens on the Collateral except in the case of (a) Permitted Encumbrances, to the extent any such Permitted Encumbrances would have priority over the Liens in favor of the Administrative Agent pursuant to any applicable law and (b) Liens perfected only by possession (including possession of any certificate of title) to the extent the Administrative Agent has not obtained or does not maintain possession of such Collateral.

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