Common use of Alienation of Security Clause in Contracts

Alienation of Security. If the Security or any part thereof is let out, given on leave and license, disposed off, leased, charged, encumbered, used for commercial purpose or otherwise alienated in any manner whatsoever without the prior written permission of the Bank.

Appears in 3 contracts

Samples: Overdraft Agreement, Overdraft Agreement, Overdraft Agreement

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Alienation of Security. If the Security or any part thereof is let out, given on leave and license, disposed off, leased, charged, encumbered, used for commercial purpose or otherwise alienated in any manner whatsoever without the prior written permission of the Bankbank.

Appears in 1 contract

Samples: Home Equity Loan Agreement

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