Permitted Encumbrance

Permitted Encumbrance. Only the easements or restrictions listed in a schedule of exceptions to coverage in the Title Policy and Taxes for the current tax year that are not yet due and payable.

Permitted Encumbrance. Any lien, hypothecation, adverse claim, charge, security interest, pledge or option, proxy, right of first refusal, preemptive right, voting trust or any other similar right ("Encumbrance") arising (A) hereunder or (B) under applicable securities laws.

Permitted Encumbrance. Means (i) any lien securing taxes, the payment of which is not delinquent or the payment of which is actively being contested in good faith by appropriate proceedings diligently pursued; (ii) zoning laws and ordinances generally applicable to the district in which a Property is located; (iii) liens imposed by laws, such as carriers', warehousemen's, carriers' and mechanics' liens, and other similar liens arising in the ordinary course of business that secure payment of obligations not more than... 93 days past due or that are being contested in good faith by appropriate proceedings diligently pursued; (iv) easements for public utilities and other access and use easements that do not have a material adverse effect upon a Property; (v) the Leases; and (vi) any exceptions listed on Exhibit D attached hereto and incorporated herein. View More

Permitted Encumbrance. (i) any Encumbrance disclosed on Schedule 1.1(b), (ii) any Encumbrance for Taxes, assessments and other governmental charges that are not yet due and payable or (iii) any statutory mechanics', carriers' or workmen's liens arising or incurred in the ordinary course of business which are not yet delinquent or that, individually or in the aggregate with other such imperfections and Encumbrances, would not have a Material Adverse Effect

Permitted Encumbrance. (i) Permitted Liens (as defined in the Loan and Security Agreement); (ii) Rental Deposit Agreement dated 8 June 2004 in favour of Frank Blin, John Edward Kitson Smith, Paul Boorman and John Robert Lloyd Berriman; and (iii) Rent Deposit Agreement dated 1 June 2009 in favour of Price Waterhouse Coopers LLP.

Permitted Encumbrance. (i) liens for Taxes not yet due and payable or for Taxes that the taxpayer is contesting in good faith through appropriate proceedings or (ii) other liens arising in the ordinary course of business (not including any mechanic's lien that does not relate to an Assumed Operating Liability) that were not incurred in connection with any Indebtedness and which will not materially impair Purchaser's use of the Purchased Assets after the Closing.

Permitted Encumbrance. Shall mean (i) any Encumbrance arising (A) hereunder (in connection therewith any restrictions on transfer or any other Encumbrance that has been waived by appropriate consent) and (B) under securities laws; and (ii) any right, agreement, understanding or arrangement which represents a financial interest in cash received upon sale of the Subject Shares and not an Encumbrance upon the Subject Shares prior to such sale.

Permitted Encumbrance. (i) any lien, hypothecation, adverse claim, charge, security interest, pledge or option, proxy, right of first refusal, preemptive right, voting trust or any other similar right ("Encumbrance") arising (A) hereunder and (B) under generally applicable securities laws; and (ii) any right, agreement, understanding or arrangement which represents a financial interest in cash received upon sale of the Shares and not an Encumbrance upon the Shares prior to such sale.

Permitted Encumbrance. Any (i) Encumbrance that would not have a Material Adverse Effect; (ii) Encumbrance for taxes not yet due and payable or that is being contested in good faith by appropriate procedures; (iii) zoning, entitlement, conservation restriction, and other land use and environmental regulations by Governmental Authorities that do not materially interfere with the present or proposed use of the applicable property or asset; (iv) covenants, conditions, restrictions, easements, charges, rights-of-way, and... similar Encumbrances that do not materially impair the current or proposed use of the applicable property or asset; or (v) Encumbrances that would be disclosed by an accurate survey or inspection of real property that do not materially impair the occupancy or use of the real property they encumber View More