Permitted Liens
Permitted Liens. Means (a) Liens for taxes, assessments and other governmental charges or levies not yet delinquent or Liens for taxes, assessments and other governmental charges or levies being contested in good faith and by appropriate proceedings for which adequate reserves have been established, (b) Liens in favor of Secured Party, (c) that certain Lien in favor of Iliad Research and Trading, L.P, (d) a certain Lien in favor of Debtor's current landlord, (e) Liens which constitute purchase money security...
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HEMISPHERX BIOPHARMA INC contract
Permitted Liens. Means: 1.29.1 Liens existing on the date hereof and described on Schedule 1.28, and any modifications, renewals or extensions thereof; 1.29.2 Liens arising by operation of law in favor of materialmen, mechanics, warehousemen, carriers, lessors or other similar Persons incurred by Borrower or any Subsidiary in the ordinary course of business which secure its obligations to such Person; provided, however, that (i) the Borrower or such Subsidiary is not in default with respect to such...
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RealD Inc. contract
Permitted Liens. (i) mechanics' and materialmen's liens and workmen's, repairmen's, warehouseman's and carriers' liens arising in the ordinary course of business, the obligations of which are not overdue or otherwise delinquent; and (ii) Liens for Taxes not yet due and payable or being contested in good faith (it being understood that all Tax Liabilities of the Chex Entities are Excluded Liabilities)
Found in
FASTFUNDS FINANCIAL CORP contract
Permitted Liens. Liens set forth on Schedule I attached hereto; Liens registered by Holders of Senior Secured Convertible Debenture issued by the Company; Liens in favor of the Secured Party; Liens for taxes, fees, assessments or other government charges or levies, either not delinquent or being contested in good faith by appropriate proceedings, provided that adequate reserves with respect to such taxes, fees, assessments or other government charges or levies which are being contested are maintained on the...
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VG Life Sciences Inc. contract
Permitted Liens. (i) any Liens created by this Note; (ii) EBRD Indebtedness; (iii) inchoate Liens for taxes, assessments or governmental charges or levies not yet due or Liens for taxes, assessments or governmental charges or levies being contested in good faith and by appropriate proceedings for which adequate reserves have been established in accordance with GAAP; and (iv) Liens in respect of Property of the Issuer or any of its Subsidiaries imposed by Law, which were incurred in the ordinary course of...
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CASPIAN SERVICES INC contract
Permitted Liens. Liens, claims, and encumbrances that: (a) arise or exist pursuant to this Agreement; (b) exist on the date hereof and are listed on SCHEDULE A hereto and any renewals or extensions thereof, provided such liens secure the purchase money for specific equipment and such liens are limited solely to such specific equipment and the proceeds thereof; (c) In addition to the items listed on SCHEDULE A, capital leases or purchase money liens in the aggregate of $1,500,000.00 outstanding at any time (i)...
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NAVISITE LLC contract
Permitted Liens. The definition of "Permitted Liens" is hereby amended by deleting the word "and" after the semicolon in clause (g) thereof; deleting the period at the end of clause (h) thereof and replacing it with "; and"; and adding the following clause (i) after clause (h) thereof: (i) Liens not otherwise permitted by clauses (a) through (h) of this definition; provided that neither (A) the aggregate outstanding principal amount of the obligations of the Company and any Subsidiary secured thereby nor (B)...
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QUICKSILVER RESOURCES INC contract
Permitted Liens. Means (i) the Liens incurred pursuant to this Agreement, (ii) the Liens incurred pursuant to the Wachovia Credit Agreement, or any replacement financing or other refinancing, and any security agreements or other documents related thereto, and (iii) the Liens permitted pursuant to the Wachovia Credit Agreement (as in effect on the date hereof), as such agreement may be amended from time to time
Found in
HANDY & HARMAN LTD. contract
Permitted Liens. Shall mean: (a) the liens and security interests of any Senior Lender; (b) the liens and security interests of the Secured Party hereunder; (c) liens for taxes, assessments, or similar charges either not yet due or being contested in good faith; (d) liens of materialmen, mechanics, warehousemen, or carriers, or other like liens arising in the ordinary course of business and securing obligations which are not yet delinquent; (e) purchase money liens or purchase money security interests upon or...
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LIME ENERGY CO. contract
Permitted Liens. Liens on (x) all owned real property, equipment and fixtures comprising the Refinery, including buildings, terminals, storage tanks, refining and other facilities, pipelines, pipeline rights, loading racks, rail spurs and loading facilities necessary to operate the Refinery and which are located at the Refinery, (y) the capital stock of Kiantone, and (z) all supporting obligations and books and records and proceeds relating to any of the foregoing, in each case to secure Indebtedness incurred...
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All Definitions
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UNITED REFINING CO contract