Common use of COVENANT TO PROVIDE FURTHER SECURITY Clause in Contracts

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 Customer Company 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 Company 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.