COVENANT TO PROVIDE FURTHER SECURITY. The Chargor shall at the request of the Chargee charge to, or deposit with the Chargee such documents of title of any or all immovable properties vested in the Chargor for any tenure. Such charge or deposit may be by way of the security for the payment of the Indebtedness and may also or otherwise be for the purpose of securing any other moneys owing to the Chargee and not hereby secured.
COVENANT TO PROVIDE FURTHER SECURITY. (a) The Customer shall at any time if and when required by the Bank so to do execute or cause to execute in the Bank’s favour or as the Bank shall direct such legal or other mortgages, charges, assignments, transfers or agreements as the Bank shall require of and on all the Customer’s estate right, title and interest in any property or assets or business now belonging to or which may hereafter be acquired by or belong to the Customer (including any vendor’s lien) and the benefit of all licences held in connection therewith to secure the Indebtedness and all moneys and liabilities agreed to be paid or intended to be secured, such mortgages, charges, assignments, transfers or agreements to be prepared by or on the Bank’s behalf at the Customer’s cost and to contain all such terms and conditions for the Bank’s benefits as the Bank may reasonably require.
COVENANT TO PROVIDE FURTHER SECURITY. The Customer shall at the request of the Bank charge to or deposit with the Bank such documents of title to any or all immovable properties vested in the Customer for any tenure. Such charge or deposit may be by way of security for the purpose of securing any moneys owing to the Bank and not secured hereby.
COVENANT TO PROVIDE FURTHER SECURITY. The Assignor shall at any time if and when required by the Bank so to do execute in favour of the Bank or as the Bank shall direct such legal or other mortgages, charges, assignments, transfers or agreements as the Bank shall require of and on all the Assignor’s estate assets or business now belonging to or which may hereafter be acquired by or belonging to the Assignor (including any vendor’s lien) and the benefit of all licences held in connection therewith to secure all monies and liabilities hereby agreed to be paid or intended to be hereby secured, such mortgages charges assignments transfers or agreements to be prepared by or on behalf of the Bank at the cost of the Assignor and to contain all such terms and conditions for the benefit of the Bank as the Bank may require.
COVENANT TO PROVIDE FURTHER SECURITY. The Customer shall at the request of the Bank charge to, or deposit with the Bank the Customer’s other assets, movable property and the documents of title to any or all immovable properties vested in the Customer for any tenure. Such charge or deposit may be by way of further or additional security for the payment of the Selling Price and all other moneys and may also or otherwise be for the purpose of securing any other moneys owing to the Bank and not secured hereby.
COVENANT TO PROVIDE FURTHER SECURITY. (a) The Customer will at any time when required by the Bank, execute in favour of the Bank or as the Bank directs such legal or other mortgages, charges, assignments, transfers, guarantees or agreements as the Bank requires and on all the Customer’s estate, right title and interest in any property, assets or business now or subsequently acquired by the Customer (including any vendor’s lien) and the benefit of all licences in connection therewith to secure the Indebtedness. All costs in the preparation of such mortgages, charges, assignments, transfers or agreements will be borne by the Customer and will contain all such terms and conditions for the benefit of the Bank as the Bank may reasonably require.
COVENANT TO PROVIDE FURTHER SECURITY. (a) The Chargor(s) will at any time and when required by the Bank execute in favour of the Bank or as the Bank shall direct such further legal or other mortgages, charges, debentures, assignments, transfer, agreements or other assurances as the Bank shall require of and on all the Chargor(s) rights, title and interests in any property or assets or business now belonging to or which may hereafter be acquired by or belonging to the Chargor(s) (including any vendor’s lien) and the benefit of all licences held in connection therewith to secure all monies and liabilities hereby agreed to be paid or intended to be hereby secured such mortgages, charges, assignment, transfers, agreements or other assurances to be prepared by or on behalf of the Bank at the cost of the Chargor(s) and to contain all such terms and conditions for the benefit of the Bank as the Bank may require or stipulate.
COVENANT TO PROVIDE FURTHER SECURITY. (a) If the value of the Property diminishes, if the Property is in jeopardy in any way or the value of the Property becomes insufficient to secure the Indebtedness or if there is a change in the Customer’s credit worthiness and the Bank requests that additional security be provided, the Customer and any Security Party(as applicable) must create further security in favour of the Bank, in such form and of such value as may be agreed by all parties.
COVENANT TO PROVIDE FURTHER SECURITY. (a) The Assignor will at any time if and when required by the Bank to do so, execute in favour of the Bank (or as the Bank will direct) such legal or other mortgages, charges, assignments, transfers, guarantees or agreements as the Bank require and on all the Assignor’s right, title and interest in any property or assets or business now or from now on belonging to or acquired by the Assignor (including any vendor’s lien) and the benefit of all licences in connection therewith to secure the Indebtedness. Such mortgages, charges, assignments, transfers or agreements is to be prepared by or on behalf of the Bank at the cost of the Assignor and to contain all such terms and conditions for the benefit of the Bank as the Bank may reasonably require.
COVENANT TO PROVIDE FURTHER SECURITY. (a) The Customer shall at the request of the Bank charge to, or deposit with the Bank the Customer’s other assets, movable property and the issue document of title/strata title to any or all immovable properties in any property or asset or business now belonging to or which may hereafter be acquired by or belong to the Customer (including any contractor’s lien) and the benefit of all licenses held in connection therewith to secure the indebtedness including but not limited to all monies and liabilities hereby agreed to be paid or intended to be secured, such security to be prepared by or on behalf of the Bank at the cost of the Customer and to contain all such terms and conditions for the benefit of the Bank may reasonably require.
