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. Shall mean (a) License Agreement, dated August 15, 2017, by and between Celgene Corporation (now Bristol Myers Squibb) and Anthrogenesis Corp; and (b) the Genting Agreement.

Permitted Encumbrance. Means: (a) Liens for real estate Taxes that are not yet due or payable; (b) any laws, regulations or ordinances (including zoning) adopted or imposed by any Governmental Entity; (c) all easements, servitudes, rights of way, covenants and restrictions, in each case of record; (d) as to any lease, any Lien encumbering, attaching to or 4 otherwise affecting solely the interest of the lessor thereunder and not the interest of the ... lessee thereunder; and (e) any liens, claims, alienations, encumbrances or other matters listed in schedule B-2 to any title policy accepted by Buyer at Closing. The Acquired Assets shall only be subject to those Permitted Encumbrances described in Section (d) of the Disclosure Letter as required by ss.3(d) of this Agreement. View More

Permitted Encumbrance. Means, with respect to any Assets, (i) Encumbrances specifically approved by Requisite Partner Approval, (ii) mechanic's, materialmen's or similar Encumbrances incurred in the ordinary course of business if payment of the secured obligation is not yet overdue or being contested in good faith, (iii) Encumbrances for Taxes, assessments, concessions and land access payments and deposits, obligations under workers' compensation or other social welfare legislation or other requirements, charges or... levies of any Governmental Authority, in each case not yet overdue or being contested in good faith, (iv) Encumbrances existing at the time of, or created concurrent with, the acquisition of the Assets, (v) easements, servitudes, rights-of-way and other rights, exceptions, reservations, conditions, limitations, covenants and other restrictions that do not materially interfere with, materially impair or materially impede the Business or Operations or the value or use of the Assets, (vi) pledges and deposits to secure the performance of bids, tenders, trade or government contracts (other than for repayment of borrowed money), leases, licenses, statutory obligations, surety bonds, performance bonds, completion bonds and other similar obligations that are incurred in the ordinary course of Operations on the Assets, and (vii) Encumbrances consisting of (viii) rights reserved to or vested in any Governmental Authority to control or regulate the Assets, (ix) obligations or duties to any Governmental Authority with respect to any Permits and the rights reserved or vested in any Governmental Authority to terminate Permits or to condemn or expropriate property, and (x) zoning or other land use or Environmental Laws of any Governmental Authority. View More

Permitted Encumbrance. Means (i) any Encumbrance under this letter agreement (including, without limitation, pursuant to Section 2 hereof), and (ii) any restrictions on Transfer arising under securities Laws of general applicability.

Permitted Encumbrance. Shall mean any Encumbrance arising (i) under the Company's governing documents, as applicable, or (ii) under securities Laws.

Permitted Encumbrance. Means: i) Liens for real estate Taxes that are not yet due or payable; ii) any laws, regulations or ordinances (including zoning) adopted or imposed by a Governmental Entity; iii) all easements, rights of way, covenants and restrictions, in each case of record; and [D] as to any lease, any Lien encumbering, attaching to or otherwise affecting solely the interest of the lessor thereunder and not the interest of the lessee thereunder; provided... that the lien holder (except under [A] above) has executed a non-disturbance agreement in favor of Seller or Buyer. View More

Permitted Encumbrance. Means any Encumbrance for Taxes, assessments and other governmental charges that are not due and payable as of the Closing Date.

Permitted Encumbrance. Means: (i) any lien for Taxes, assessments, charges or levies that are not yet due and payable or which are being contested in good faith by appropriate proceedings promptly instituted and diligently concluded; provided that any reserve or other appropriate provision as shall be required in conformity with GAAP shall have been made therefor; (ii) any lien arising in the ordinary course of business by operation of law... with respect to amounts that are not yet delinquent or that are being contested in good faith by appropriate proceedings promptly instituted and diligently concluded; provided that any reserve or other appropriate provision as shall be required in conformity with GAAP shall have been made therefor; and (iii) any lien created in favor of the Debtor or any of its Subsidiaries; (iv) deposits under workmen's compensation, unemployment insurance, social security and other similar laws; and (v) purchase money liens or purchase money security interests upon or in any property acquired or held by the Debtor in the ordinary course of business to secure the purchase price of such property or to secure Indebtedness incurred solely for the purpose of financing the acquisition of such property. View More

Permitted Encumbrance. Means (a) easements, rights of way, servitudes or other similar rights in land including, without limiting the generality of the foregoing, rights of way and servitudes for railways, sewers, drains, gas and oil pipelines, gas and water mains, electrical light, power, telephone, telegraph or cable television conduits,... poles, wires and cables; (b) the right reserved to or vested in any government or other public authority by the terms of any or by any statutory provision, to terminate, revoke or forfeit any of the lease or mining claims or to require annual or other periodic payments as a condition of the continuance thereof; (c) rights reserved to or vested in any municipality or governmental, statutory or public authority to control or regulate any of the Property in any manner, and all applicable laws, rules and orders of any governmental authority; and (d) the reservations, limitations, provisos and conditions in any original grants from the Crown, or other governmental entity of the Republic of Tanzania on the Property or interests therein and statutory exceptions to title. View More