"Encumbrance" means any claim, option, warrant, charge (fixed or floating), mortgage, lien, pledge, equity, encumbrance, restriction upon ownership, use or alienation, adverse claim, right to acquire, right of pre-emption, right of first refusal, title retention or any other third party right, or other security interest or any other agreement or arrangement having a similar effect or any agreement to create any of the foregoing;

of a Lien on any assets of such Person; provided, however, that an agreement that conditions a Person’s ability to encumber its assets upon the maintenance of one or more specified ratios that limit such Person’s ability to encumber its assets but that does not generally prohibit the encumbrance of its assets, or the encumbrance of specific assets, shall not constitute a Negative Pledge.

such Party shall ensure that any Encumbrance shall be expressed to be without prejudice to the provisions of this Agreement; and

“Sale” or “Pledge” means a voluntary or involuntary sale, conveyance, assignment, transfer, encumbrance or pledge of a legal or beneficial interest.

the sale, transfer, encumbrance or other disposition of securities or related ancillary rights and assets pursuant to sales, marketing and distribution arrangements;

“Lien”: any mortgage, pledge, lien, security interest, charge, statutory deemed trust, conditional sale or other title retention agreement or other similar encumbrance.

provide guarantee to any third party or create any encumbrance on its assets (including but not limited to any intellectual property rights);

trade, relinquish, surrender, sell, lease or assign the Farmee Interest or create or permit to subsist any Encumbrance over the Farmee Interest;

[Section 7.5] (Encumbrance). [Section 7.5] of the Loan Agreement hereby is amended and restated in its entirety and replaced with the following:

at the time of transfer of title, the Space Segment and all other Deliverable Items shall be free from any claim, lien, pledge, mortgage, security interest or other encumbrance;