Lien Definition Example

Lien. Means, with respect to any asset, any mortgage, lien, pledge, adverse claim, charge, security interest or encumbrance of any kind in respect to such asset, whether or not filed, recorded or otherwise perfected under applicable law (including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other agreement to sell and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any... jurisdiction. View More