Charged Property Sample Clauses

Charged Property. If the Grantor fails at any time to maintain, preserve or protect all property material to the conduct of its businesses and keep such property in good repair, working order and condition (reasonable wear and tear excepted) or fails from time to time to make, or cause to be made, all needful and proper repairs, renewals, additions, improvements and replacements thereto which are necessary in order that the business carried on in connection therewith may be properly conducted in all material respects at all times.
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Charged Property. The term full title guarantee will be construed in accordance with the LP (MP) Act but so that the covenants implied by the LP (MP) Act in respect of Funding 2 Security do not include:
Charged Property. The Client charges in favor of the Broker all the Charged Property by way of continuing security for the payment of all monies and liabilities, whether actual or contingent, which may now or at any time hereafter be due or owing by the Client to the Broker or any other member of the Group in connection with the operation of the Account or otherwise under the Agreement together with all costs, charges and expenses incurred by any member of the Group in the exercise of such rights. The aforesaid shall not affect the lien under Clause 11.1 and shall be in addition to any other rights that the Broker may have hereunder.
Charged Property. All of each Grantor’s right, title and interest in and to the following property, whether now owned or hereafter acquired, and wheresoever situate (collectively, the “Collateral”): a)All Claims;
Charged Property. As security for the payment and discharge of the Secured Liabilities Bookham with full title guarantee charges in favour of Nortel 2.1 by way of legal mortgage the Property and all rights relating to it at the date hereof 2.2 by way of a fixed charge all plant and machinery now or in the future owned and situated at the Property 2.3 by way of a floating charge all of the remainder of the Collateral situate at or about the Property or otherwise used for the purposes of the Business
Charged Property. 4.9.1 The Chargor is the sole legal and beneficial owner of the Charged Property, free from any other Security. 4.9.2 The Charged Shares are: (a) fully paid or credited as fully paid, (b) not subject to any option, warrant or other similar right to subscribe or purchase the Charged Shares, (c) freely transferable with no consents being required to the transfer or its registration; and (d) not subject to any calls which remain unpaid. 4.9.3 The Shares represent the whole of the issued share capital of the Company. 4.9.4 The constitutional documents of the Company do not:
Charged PropertyThe Hotel Borrowers shall comply or procure compliance with the covenants and obligations set out in schedule 5 (Charged Property covenants).
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Charged PropertyThe Chargor is the sole legal and beneficial owner of the Charged Property, free from any other Security.
Charged Property. (a) The Chargor is the legal and beneficial owner of the Charged Property. (b) The Charged Property is free from any Encumbrance. (c) The Chargor has not received or acknowledged notice of any adverse claim by any person in respect of the Charged Property or any interest in it. (d) All the Charged Property of a repairable nature is in good and substantial repair. (e) There is no breach of any Law which materially adversely affects the Real Property. (f) There are no covenants, agreements, reservations, conditions, interest rights or other matters whatever which materially adversely affect the Real Property. (g) No facility necessary for the enjoyment and use of the Real Property is subject to terms entitling any person to terminate or curtail its use. (h) Nothing has arisen or has been created or is subsisting which would be an overriding interest over the Real Property.
Charged Property. (i) Under the laws of the jurisdiction where the relevant asset is situated, the Chargor: (A) has good and marketable title to the Charged Property; (B) is the sole and absolute legal and beneficial owner of the Charged Property (excluding the Collateral Shares); and (C) is the sole absolute beneficial owner of Collateral Shares. (ii) The Chargor has not created or allowed to exist any Security or Quasi-Security over any of the Charged Property, other than: (A) this Security; (B) the Security created under the Custody Agreement; and (C) Security generally imposed on all securities in a Clearing System in which any Collateral Shares may be held.
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