Security Interest Definition Example with 14 Variations

This page contains an example definition of Security Interest, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Security Interest. Means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, and similar liens, (b) liens for taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with the borrowing of money.

Variations

Security Interest. Means means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, material men's, and similar liens, (b) liens for taxes Taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, payable, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in... connection with the borrowing of money. View More Arrow
Security Interest. Means means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, and similar liens, (b) 2 liens for taxes Taxes not yet due and payable or for taxes Taxes that the taxpayer is contesting in good faith through appropriate proceedings, and (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with... the borrowing of money. View More Arrow
Security Interest. Means means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, mechanics, materialmens, and similar liens, (b) liens for taxes Taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, payable, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred... in connection with the borrowing of money. View More Arrow
Security Interest. Means means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, and similar liens, (b) liens for taxes Taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, payable, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with the... borrowing of money. View More Arrow
Security Interest. Means means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, and similar liens, (b) liens for taxes Taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, payable, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with the... borrowing of money. View More Arrow
Security Interest. Means means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, materialman's, and similar liens, liens; (b) liens for taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, proceedings; (c) purchase money liens and liens securing rental payments under capital lease arrangements, arrangements; and (d) other liens arising in the Ordinary Course of Business and not... incurred in connection with the borrowing of money. View More Arrow
Security Interest. Means means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, and similar liens, (b) liens for taxes Taxes not yet due and payable or for taxes Taxes that the taxpayer is contesting in good faith through appropriate proceedings, proceedings for which adequate reserves have been provided for in the Financial Statements, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other... liens arising in the Ordinary Course of Business and not incurred in connection with the borrowing of money. View More Arrow
Security Interest. Means means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, materialman's, and similar liens, (b) liens for taxes not yet due and payable or [or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, proceedings], (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other 3 liens arising in the Ordinary Course of Business and not incurred in... connection with the borrowing of money. View More Arrow
Security Interest. Means means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, and similar liens, (b) liens for taxes Taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, payable, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with the... borrowing of money. View More Arrow
Security Interest. Means means any mortgage, pledge, lien, encumbrance, charge, charge or other security interest, other than excepting only (a) mechanic's, materialmen's, materialman's and similar liens, liens relating to obligations that are not yet due or payable, (b) liens for taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens... arising in the Ordinary Course of Business and not incurred in connection with the borrowing of money. View More Arrow
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