Permitted Encumbrances
Permitted Encumbrances. Means: (i) Encumbrances for taxes not yet delinquent; (ii) lessors' royalties, overriding royalties, reversionary interests and other lease burdens that, do not operate to reduce the net revenue interest of Seller in any of the Assets to less than 80%, prior to giving effect to the carried working interest conveyed to Seller at the Closing; 14 Table of Contents (iii) rights of way and other agreements of a similar nature relating to or restricting use...
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Found in
EQUUS TOTAL RETURN, INC. contract
Permitted Encumbrances. Shall mean the Security Interests and other matters affecting Borrower's title to the Land listed on Schedule B attached hereto and incorporated herein by reference
Permitted Encumbrances. (i) Liens, or deposits made to secure the release of such Liens, 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 generally applicable to the districts in which the Property is located; (iii) easements for public utilities, encroachments, rights of access and/or other non-monetary matters that do not materially interfere with the use of the Property; (iv) Liens...
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Permitted Encumbrances. (i) liens for taxes not yet delinquent, (ii) lessors' royalties, overriding royalties, division orders, reversionary interests, and similar burdens that do not operate to reduce the net revenue interests of Altpoint or its immediate predecessor in any of the Oil and Gas Properties to less than the amount set forth therefor in Exhibit 1, (iii) the consents and rights described in Exhibit 3, (iv) the Contracts, (v) except to the extent any amounts related thereto are due and payable, any mechanic...
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Found in
Sanchez Energy Corp contract
Permitted Encumbrances. The Encumbrances listed in Schedule E hereto
Found in
Epoxy, Inc. contract
Permitted Encumbrances. (i) easements, rights of way, servitudes or other similar rights in lands which do not either alone or in the aggregate, materially detract from the value of the Transferred Assets or materially impair their use; (ii) the right reserved to or vested in any government or other public authority by the terms of any statutory provision, to terminate any Documents of Title or to require annual or other periodic payments as a condition of the continuance thereof; (iii) the right reserved to any...
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Found in
Simlatus Corp contract
Permitted Encumbrances. Has the meaning specified therefor in the Purchase Agreement
Found in
PEDEVCO CORP contract
Permitted Encumbrances. Any of the following: (i) any liens for Taxes and assessments not yet delinquent or, if delinquent, that are being contested in good faith in the Ordinary Course and the Party contesting such assessments indemnifies the Party taking the property subject to such lien from such lien and such contest; (ii) any inchoate liens or other encumbrances (other than mechanic's, materialmen's and similar liens) and any other defect in title created pursuant to any operating, farmout, construction,...
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NuStar Energy L.P. contract
Permitted Encumbrances. Means any "Senior Lien" (as defined in the Senior Lender Intercreditor Agreement), any "Junior Lien" (as defined in the Junior Lender Intercreditor Agreement), Liens permitted under any "Senior Indebtedness" (as defined in the Senior Lender Intercreditor Agreement) or otherwise consented to by the "Senior Agent" (as defined in the Senior Lender Intercreditor Agreement), and purchase money Liens against assets other than Portfolios.
Found in
ASTA FUNDING INC contract
Permitted Encumbrances. (a) those covenants, restrictions, reservations, liens, conditions and easements and other encumbrances listed on Exhibit "C" hereto (but such listing shall not be deemed to revive any such encumbrances that have expired or terminated or are otherwise invalid or unenforceable) and (b) the agreement of Tenant in favor or Silicon Valley Bank ("SVB") not to encumber Tenant's interest in any of Tenant's real property, as set forth in that certain Amended and Restated Loan and Security Agreement,...
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All Definitions
Found in
Equinix contract