Charged Property Clause Samples

Charged Property to take any steps necessary to vest all or any of the Charged Property in the name of Laurus or its nominee (including completing any transfers of any Shares comprised in the Charged Property) and to receive and retain any Dividends;

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.

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. The land whose Title Document shall be deposited with the Lender as security for the Secured Obligations shall be Original Certificate of Lease for ALL THAT property comprised in Title Number: [*] situate in the [*] District measuring approximately [*] ([*]) hectares or thereabouts and held absolutely by the Chargor. The Title Document for the Charged Property are hereinafter together called the Title Document.

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 Property. All of the Grantor’s present and future right, title and interest in, to and under the Charged Property.“Charged Property” means, collectively, the Preferred Shares, the Related Assets and the Proceeds;“LP Promise to Pay” means the Secured Party’s promise in Section 5.1 of the Purchase and Forward Repurchase Agreement to pay Cdn$600,000,000 to the Grantor on December 11, 2018 (as such date may be extgended in accordance with the terms of the Purchase and Forward Repurchase Agreement), together with interest thereon at the rate of 6.7% per annum, all upon and subject to the terms and contitions set out in the Purchase and Forward Repurchase Agreement”;"Newco RFPC" means 3284649 Nova Scotia Company, an unlimited company under the laws of the Province of Nova Scotia; "Preferred Shares" means 600,000,000 issued and outstanding preferred shares in the capital stock of Newco RFPC; "Proceeds" shall mean any and all proceeds, whether in the form of cash or other property, received, receivable, or otherwise distributed in respect of or in exchange for or as a replacement of or a substitution for, any of the Preferred Shares or the Related Assets; "Related Assets" means: (a) any dividends, distributions, interest and other income payable from time to time in respect of any of the Preferred Shares; (b) any allotments, rights, money or property arising from time to time from any of the Preferred Shares by way of conversion, stock split, merger, exchange, redemption, bonus, preference, option, substitution, transformation or otherwise, and all moneys or property distributed thereon by way of return of capital; (c) any stock or other securities offered from time to time in addition to or substitution for any of the Preferred Shares; and

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.