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. 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. 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. 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. The Hotel Borrowers shall comply or procure compliance with the covenants and obligations set out in schedule 5 (Charged Property covenants).
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. Other than in respect of BemroseBooth Limited (for so long as it is a Designated Foreign Subsidiary Borrower), whose undertakings are contained in the Credit Agreement, it will comply with all material contracts and observe and perform all material covenants and stipulations from time to time affecting the Charged Property, make all payments, carry out all registrations or renewals and generally take all steps which are necessary to preserve, maintain and renew when necessary or desirable all the Charged 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.
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
