Common use of Effect of our obtaining a judgment Clause in Contracts

Effect of our obtaining a judgment. If we obtain a court judgment, it doesn't supersede or impair any right of ours under the mortgage. We continue to be entitled to interest on what is owed, calculated and payable under the terms of the mortgage. Protection of persons who deal with us11.15. When we sell, give a lease, collect income, exercise a right, or do anything else under the mortgage, the following terms apply: A person dealing with us and any person taking title through that person can assume without inquiry that the transaction is legal, that the mortgage has gone into default (if our power depends on that), and that we're using the power properly. The person isn't affected by any fact to the contrary, even if the person actually knows of that fact. The person can pay an amount to us without being concerned about what we do with it. In addition, a statutory declaration by an officer or employee of ours or a certificate by us as to any fact is conclusive evidence in favour of every person referred to above. You must not make any claim against a person who deals with us, or anyone taking title through that person, because the transaction doesn't conform to other terms of the mortgage. If you do have a claim for anything done by us, it's restricted to a claim for compensation against us, and is subject to section 16.9. Other terms12.

Effect of our obtaining a judgment. If we obtain a court judgment, it doesn't supersede or impair any right of ours under the mortgage. We continue to be entitled to interest on what is owed, calculated and payable under the terms of the mortgage. Protection of persons who deal with us11.15. When we sell, give a lease, collect income, exercise a right, or do anything else under the mortgage, the following terms apply: A person dealing with us and any person taking title through that person can assume without inquiry that the transaction is legal, that the mortgage has gone into default (if our power depends on that), and that we're using the power properly. The person isn't affected by any fact to the contrary, even if the person actually knows of that fact. The person can pay an amount to us without being concerned about what we do with it. In addition, a statutory declaration by an officer or employee of ours or a certificate by us as to any fact is conclusive evidence in favour of every person referred to above. You must not make any claim against a person who deals with us, or anyone taking title through that person, because the transaction doesn't conform to other terms of the mortgage. If you do have a claim for anything done by us, it's restricted to a claim for compensation against us, and is subject to section 16.915.9. Other terms12.

Effect of our obtaining a judgment. If we obtain a court judgment, it doesn't supersede or impair any right of ours under the mortgage. We continue to be entitled to interest on what is owed, calculated and payable under the terms of the mortgage. Protection of persons who deal with us11.15. When we sell, give a lease, collect income, exercise a right, or do anything else under the mortgage, the following terms apply: A person dealing with us and any person taking title through that person can assume without inquiry that the transaction is legal, that the mortgage has gone into default (if our power depends on that), and that we're using the power properly. The person isn't affected by any fact to the contrary, even if the person actually knows of that fact. The person can pay an amount to us without being concerned about what we do with it. In addition, a statutory declaration by an officer or employee of ours or a certificate by us as to any fact is conclusive evidence in favour of every person referred to above. You must not make any claim against a person who deals with us, or anyone taking title through that person, because the transaction doesn't conform to other terms of the mortgage. If you do have a claim for anything done by us, it's restricted to a claim for compensation against us, and is subject to section 16.917.9. Other terms12.