Define: Encumbrance
What does "Encumbrance" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (EXPAND ENERGY Corp, seen in 1 filing)
Encumbrance means any lien, pledge, mortgage, security interest, charge, claim, easement, restriction, right of way, option, lease, license, or other similar encumbrance.
Source: EXPAND ENERGY Corp 10-K
Definition 2 (Salesforce, Inc., seen in 1 filing)
Encumbrance means any ground lease or underlying lease, and the lien of any mortgage, deed of trust, or any other security instrument now or hereafter affecting or encumbering the Building, or any part thereof or interest therein, and to any and all advances made on the security thereof or Landlord s interest therein, and to all renewals, modifications, consolidations, replacements and extensions thereof.
Source: Salesforce, Inc. S-1
Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.