Common use of COVENANT TO PROVIDE FURTHER SECURITY Clause in Contracts

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.

Appears in 4 contracts

Samples: Charge Agreement, Musharakah Mutanaqisah Agreement, Charge Agreement

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COVENANT TO PROVIDE FURTHER SECURITY. The Chargor shall at the request of the Chargee charge to, or deposit with the Chargee such documents document s 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 n ot hereby secured.

Appears in 2 contracts

Samples: Charge Agreement, Charge Agreement

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COVENANT TO PROVIDE FURTHER SECURITY. The Chargor shall at the request of the Chargee charge char ge 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 th e purpose of securing any other moneys owing to the Chargee and not hereby secured.

Appears in 1 contract

Samples: Property Financing Agreement

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