Common use of COVENANT TO PROVIDE FURTHER SECURITY Clause in Contracts

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. (b) The Customer shall, at any time if and when required by the Bank, deposit with the Bank the documents of title of any or all immovable properties vested in the Customer for any tenure and all or any debentures shares stocks or other investments or securities registered in the name of the Customer or otherwise belonging to the Customer. Such charge or deposit may be by way of collateral security for the payment of the Indebtedness and all other monies and may also or otherwise be for the purpose of securing any other monies owing to the Bank by the Customer and not secured hereby.

COVENANT TO PROVIDE FURTHER SECURITY. (a) The Customer shall at any time if and when required by the request Bank execute or procure the execution in favour of the Bank charge to, or deposit with to any other person as the Bank shall direct such legal or other security as the Bank shall require and on all of the Customer’s other assets, movable property right, title and the issue document of title/strata title to any or all immovable properties interest 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 as the Bank may reasonably require. (b) The Customer shall, at any time if and when required by the Bank, deposit with the Bank the documents of title of any or all immovable properties vested in the Customer for any tenure and all or any debentures shares stocks or other investments or securities registered in the name of the Customer or otherwise belonging to the Customer. Such charge or deposit may be by way of collateral security for the payment of the Indebtedness and all other monies indebtedness and may also or otherwise be for the purpose of securing any other monies owing to the Bank by the Customer and not secured hereby.

COVENANT TO PROVIDE FURTHER SECURITY. (a) The Customer shall at the request of any time if and when required by the Bank charge to, so to do execute or deposit with 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 other assetsestate right, movable property title and the issue document of title/strata title to any or all immovable properties interest in any property or asset assets or business now belonging to or which may hereafter be acquired by or belong to the Customer (including any contractorvendor’s lien) and the benefit of all licenses licences held in connection therewith to secure the indebtedness including but not limited to Indebtedness and all monies moneys and liabilities hereby agreed to be paid or intended to be secured, such security mortgages, charges, assignments, transfers or agreements to be prepared by or on the Bank’s behalf of the Bank at the Customer’s cost of the Customer and to contain all such terms and conditions for the benefit of Bank’s benefits as the Bank may reasonably require. (b) The Bank may require the Customer shall, at any time if and when required by the Bank, to deposit with the Bank the documents of title of any or all immovable properties vested in the Customer for any tenure Facility Tenure and all or any debentures shares debentures, shares, stocks or other investments or securities registered in the Customer’s name of the Customer or otherwise belonging to the Customer. Such charge or deposit may be by way of collateral security for the payment of the Indebtedness and all other monies moneys and liabilities secured and may also or otherwise be for the purpose of securing any other monies owing moneys payable to the Bank by the Customer and not secured hereby.by this Agreement. COMBO MFA/All-Monies/June 2020 71

COVENANT TO PROVIDE FURTHER SECURITY. ‌ (a) The Customer Customer(s) shall at any time if and when required by the request Bank execute or procure the execution in favour of the Bank charge to, or deposit with to any other person as the Bank shall direct such legal or other security as the Customer’s other Bank shall require and on all of the Customer(s)’ assets, movable property right, title and the issue document of title/strata title to any or all immovable properties interest in any property or asset or business now belonging to or which may hereafter be acquired by or belong to the Customer Customer(s) (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 Customer(s) and to contain all such terms and conditions for the benefit of the Bank as the Bank may reasonably require. (b) The Customer Customer(s) shall, at any time if and when required by the Bank, deposit with the Bank the documents of title of any or all immovable properties vested in the Customer Customer(s) for any tenure and all or any debentures shares stocks or other investments or securities registered in the name of the Customer Customer(s) or otherwise belonging to the CustomerCustomer(s). Such charge or deposit may be by way of collateral security for the payment of the Indebtedness and all other monies indebtedness and may also or otherwise be for the purpose of securing any other monies owing to the Bank by the Customer Customer(s) and not secured hereby.

COVENANT TO PROVIDE FURTHER SECURITY. (a) The Customer shall at the request of any time if and when required by the Bank charge to, so to do execute or deposit with 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 other assetsestate right, movable property title and the issue document of title/strata title to any or all immovable properties interest in any property or asset assets or business now belonging to or which may hereafter be acquired by or belong to the Customer (including any contractorvendor’s lien) and the benefit of all licenses licences held in connection therewith to secure the indebtedness including but not limited to Indebtedness and all monies moneys and liabilities hereby agreed to be paid or intended to be secured, such security mortgages, charges, assignments, transfers or agreements to be prepared by or on the Bank’s behalf of the Bank at the Customer’s cost of the Customer and to contain all such terms and conditions for the benefit of Bank’s benefits as the Bank may reasonably require. (b) The Bank may require the Customer shall, at any time if and when required by the Bank, to deposit with the Bank the documents of title of any or all immovable properties vested in the Customer for any tenure Facility Tenure and all or any debentures shares debentures, shares, stocks or other investments or securities registered in the Customer’s name of the Customer or otherwise belonging to the Customer. Such charge or deposit may be by way of collateral security for the payment of the Indebtedness and all other monies moneys and liabilities secured and may also or otherwise be for the purpose of securing any other monies owing moneys payable to the Bank by the Customer and not secured herebyby this Agreement.

COVENANT TO PROVIDE FURTHER SECURITY. (a) The Customer Customer(s) shall at any time if and when required by the request Bank execute or procure the execution in favour of the Bank charge to, or deposit with to any other person as the Bank shall direct such legal or other security as the Customer’s other Bank shall require and on all of the Customer(s)’ assets, movable property right, title and the issue document of title/strata title to any or all immovable properties interest in any property or asset or business now belonging to or which may hereafter be acquired by or belong to the Customer Customer(s) (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 Customer(s) and to contain all such terms and conditions for the benefit of the Bank as the Bank may reasonably require. (b) The Customer Customer(s) shall, at any time if and when required by the Bank, deposit with the Bank the documents of title of any or all immovable properties vested in the Customer Customer(s) for any tenure and all or any debentures shares stocks or other investments or securities registered in the name of the Customer Customer(s) or otherwise belonging to the CustomerCustomer(s). Such charge or deposit may be by way of collateral security for the payment of the Indebtedness and all other monies indebtedness and may also or otherwise be for the purpose of securing any other monies owing to the Bank by the Customer Customer(s) and not secured hereby.