Common use of Borrower's Security Documents Clause in Contracts

Borrower's Security Documents. As security for all Advances made to them and as security for all their other liability or indebtedness, both present and future, hereunder or under any other Loan Document the Borrowers shall deliver, or cause to be delivered, to the Agent, as agent for, Lenders, the following documents (collectively, the “Borrowers’ Security Documents”): (a) in the case of each Borrower, a general security agreement creating a security interest in all the then present and future, personal property, fixed assets, equipment, accounts receivable, Contracts, Intellectual Property and all other assets and undertaking of each Borrower including Equity Interests of all of its Subsidiaries (other than HudBay’s Equity Interest in Xxxxxx Holding Corporation). (b) a debenture/mortgage (or immovable hypothec, as applicable) dated on or before the Effective Date constituting a first priority charge on all of its presently wholly-owned and after-acquired material Real Property located in Manitoba or Saskatchewan (or immovable property, as applicable) of each Borrower (as determined by the Agent); (c) such other documents as the Agent may now or hereafter reasonably require to give effect to, register, perfect the security interests created by the documents or to evidence the same (including legal opinions, insurance certificates, title insurance, officer’s certificates and other customary documentation) referred to in this Section 4.1, in the jurisdiction where such charged assets are located.

Appears in 1 contract

Samples: Credit Facility Agreement (HudBay Minerals Inc.)

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Borrower's Security Documents. As security for all Advances made to them and as security for all their other liability or indebtednessDebt, both present and future, hereunder or under any other Loan Document the Borrowers shall deliver, or cause to be delivered, to the Agent, as agent for, Lenders, the following documents (collectively, the "Borrowers' Security Documents"): (a) in the case of each Borrower, a general security agreement creating a security interest in all the then present and future, personal property, fixed assets, equipment, accounts receivable, Contracts, Intellectual Property and all other assets and undertaking of each Borrower including Equity Interests of all of its Subsidiaries (other than HudBay’s Hudbay's Equity Interest in Xxxxxx Holding CorporationHudbay Panama Inc.).; (b) a debenture/mortgage (or immovable hypothec, as applicable) dated on or before the Effective Date constituting a first priority charge on all of its presently wholly-owned and after-acquired material Real Property located in Manitoba or Saskatchewan (or immovable property, as applicable) of each Borrower (as determined by the Agent); (c) such other documents as the Agent may now or hereafter reasonably require to give effect to, register, perfect the security interests created by the documents or to evidence the same (including legal opinions, insurance certificates, title insurance, officer’s certificates and other customary documentation) referred to in this Section 4.1, in the jurisdiction where such charged assets are located.

Appears in 1 contract

Samples: Credit Facility Agreement (HudBay Minerals Inc.)

Borrower's Security Documents. As security for all Advances made to them and as security for all their other liability or indebtedness, both present and future, hereunder or under any other Loan Document the Borrowers shall deliver, or cause to be delivered, to the Agent, as agent for, Lenders, the following documents (collectively, the “Borrowers’ Security Documents”): (a) in the case of each Borrower, a general security agreement creating a security interest in all the then present and future, personal property, fixed assets, equipment, accounts receivable, Contracts, Intellectual Property and all other assets and undertaking of each Borrower including Equity Interests of all of its Subsidiaries (other than HudBay’s Equity Interest in Xxxxxx Holding Corporation). (b) a debenture/mortgage (or immovable hypothec, as applicable) dated on or before the Effective Amendment Date constituting a first priority charge on all of its presently wholly-owned and after-acquired material Real Property located in Manitoba or Saskatchewan (or immovable property, as applicable) of each Borrower (as determined by the Agent); (c) such other documents as the Agent may now or hereafter reasonably require to give effect to, register, perfect the security interests created by the documents or to evidence the same (including legal opinions, insurance certificates, title insurance, officer’s certificates and other customary documentation) referred to in this Section 4.1, in the jurisdiction where such charged assets are located.

Appears in 1 contract

Samples: Amending Agreement (HudBay Minerals Inc.)

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Borrower's Security Documents. As security for all Advances made to them and as security for all their other liability or indebtednessDebt, both present and future, hereunder or under any other Loan Document the Borrowers shall deliver, or cause to be delivered, to the Agent, as agent for, Lenders, the following documents (collectively, the “Borrowers’ Security Documents”): (a) in the case of each Borrower, a general security agreement creating a security interest in all the then present and future, personal property, fixed assets, equipment, accounts receivable, Contracts, Intellectual Property and all other assets and undertaking of each Borrower including Equity Interests of all of its Subsidiaries (other than HudBayHudbay’s Equity Interest in Xxxxxx Holding Corporation). (b) a debenture/mortgage (or immovable hypothec, as applicable) dated on or before the Effective Date constituting a first priority charge on all of its presently wholly-owned and after-acquired material Real Property located in Manitoba or Saskatchewan (or immovable property, as applicable) of each Borrower (as determined by the Agent); (c) such other documents as the Agent may now or hereafter reasonably require to give effect to, register, perfect the security interests created by the documents or to evidence the same (including legal opinions, insurance certificates, title insurance, officer’s certificates and other customary documentation) referred to in this Section 4.1, in the jurisdiction where such charged assets are located.

Appears in 1 contract

Samples: Credit Facility Agreement (HudBay Minerals Inc.)

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