Common use of PAYMENT OF ENCUMBRANCES Clause in Contracts

PAYMENT OF ENCUMBRANCES. Pay any Liens or other claims that may exist or be threatened against the Secured Property. Any amount so paid together with costs, charges and expenses incurred in connection therewith shall be added to the Obligations;

Appears in 4 contracts

Sources: Credit Agreement (Celestica Inc), Revolving Term Credit Agreement (Celestica Inc), Revolving Term Credit Agreement (Celestica Inc)