Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
After two years, buyers — lien holders — are permitted to foreclose on property and keep the profit.
Source: https://www.nytimes.com/2023/02/05/insider/a-house-fire-ignites-a-journalists-curiosity.html
AMC also agreed to purchase from Antara $100 million of AMC’s second lien notes due in 2026.
Source: https://investorplace.com/2023/05/antara-capital-keeps-selling-amcs-ape-stock/
As of March 31, 2023, our first lien leverage ratio was 5.25 times, a slight increase as compared to December 31, 2022.
City of Knoxville recorded lien in the amount of $233.00 by Instrument no.
Danny Beers paid the debt in full and had the lien removed three weeks later.
Source: https://www.propublica.org/article/liberty-healthshare-healthcare-sharing-ministries-obamacare
Envision’s first lien term loan, the safest debt held by its creditors, fell to 50 cents on the dollar in 2019, when the initial effort to ban surprise medical bills nearly succeeded.
Source: https://www.counterpunch.org/2023/05/08/envision-healthcare-on-the-rocks/
For example, a lien from several years ago that started at $5,000 with interest compounding every year at prime plus three, when you compound the interest, could be $10,000 or more, which could be more than the property is worth, Todd said.
From these, it is clear that ORCC's risk exposure has been consistently about 70% in first lien senior secured debt, indicating that management has a firm hand on the risk exposure rudder.
"I felt really bad when I found out that I had to pay the $11,000 to clear the lien on the house," he said.
Source: https://www.cbc.ca/news/politics/ontario-nosi-reform-abuse-1.7060397?cmp=rss
It’s unclear what property has been hit with the lien, or specifically what the unpaid taxes relate to, but if the tax bill isn’t paid, the property could be seized as a way to cover the debt.
Once payment has been received, a contractor has a duty to remove the notice, or the lien itself, from the public records.
Source: https://bankerandtradesman.com/a-mechanics-lien-could-stop-a-future-sale/
PFLT has really proved to be the more durable portfolio with its near-exclusive focus on first lien debt.
Roberts wrote that the county never produced evidence of the mortgage or the lien.
Tax deed auctions have replaced “tax lien sales” since Bronin took office in 2016.
The BNBL had sanctioned eight loans amounting to Nu 33.549M to Phajo who had multiple lien noting on collaterals with other financial institutions.
Source: https://kuenselonline.com/acc-investigates-banks-and-thromde-officials-for-possible-collusion/
The I.R.S. put a lien on his assets—the Players Club hadn’t paid taxes in years—and Sturges sank deep into debt.
This can cause confusion with future lenders or buyers, and could even lead to a lien on the property if the town or city does not know to send tax bills to you and they’re going unpaid.
We believe this represents the highest dividend yield for any listed BDC with as much of its portfolio invested in first lien senior secured assets.