Statutory Encumbrances definition

Statutory Encumbrances means any Encumbrances arising by operation of Applicable Laws, including, without limitation, for carriers, warehousemen, repairers’, taxes, assessments, statutory obligations and government charges and levies for amounts not yet due and payable or which may be past due but which are being contested in good faith by appropriate proceedings (and as to which there are no other enforcement proceedings or they shall have been effectively stayed).
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Statutory Encumbrances includes all rights that any authority or entity may have under any law about any type of infrastructure or works howsoever described (including any infrastructure for sewerage, drainage, water supply, energy or other services) located above on or under the surface of the Property, and all restrictions upon the owner or occupier of the Property from interfering with damaging or preventing access to any such infrastructure.”
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Statutory Encumbrances means any Encumbrances arising by operation of Applicable Laws, including, without limitation, for carriers, warehousemen, repairers', taxes, assessments, statutory obligations and government charges and levies for amounts not yet due and payable or which may be past due but which are being contested in good faith by appropriate proceedings (and as to which there are no other enforcement proceedings or they shall have been effectively stayed). Words importing the singular include the plural thereof and vice versa and words importing gender include the masculine, feminine and neuter genders.
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Examples of Statutory Encumbrances in a sentence

  • No Yes, listed below: The Seller discloses that any Statutory Encumbrances which affect the Property will remain after settlement.

  • The Property is sold and the Premises are leased: subject to any reservations or conditions on the title or the original deed of grant; and free of all Encumbrances other than: those disclosed in Item 6; and any administrative advice that may be registered on the title; and Statutory Encumbrances.

Related to Statutory Encumbrances

  • Permitted Encumbrances means:

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Blanket encumbrance means a trust deed or mortgage or any other lien or encumbrance,

  • Encumbrances means any mortgages, pledges, liens, security interests, conditional and installment sale agreements, activity and use limitations, conservation easements, deed restrictions, encumbrances and charges of any kind.

  • Permitted Encumbrance means, with respect to any Mortgaged Property, such exceptions to title as are set forth in the Mortgage Policy delivered with respect thereto, all of which exceptions must be acceptable to the Administrative Agent in its reasonable discretion.