EXECUTION OF CHARGE Clause Samples

EXECUTION OF CHARGE. As security for the Indebtedness, the Assignor will immediately upon the issuance of the separate document of title or the strata title to the Property execute in favour of and deliver to the Bank the Legal Charge in accordance with the provisions of the Land Code and upon the terms and conditions as the Bank may require.
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EXECUTION OF CHARGE. (a) When the relevant authorities have issued the separate document of title to the Property, the Assignor must immediately at its own cost and expense – (i) sign the necessary Memorandum of Transfer and all other documents needed to take a transfer of the Property (collectively “Transfer Documents”); (ii) deliver and deposit with the Bank or its solicitors – (aa) the relevant document of title;
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EXECUTION OF CHARGE. As security for the repayment of the Operating Overdraft Facility and/or the Non-Revolving Loan and/or the Revolving Term Loan referred to in Section 2.01A and/or Section 2.01B and/or Section 2.01C hereof (as the case may be), now or hereafter from time to time outstanding and owing to the Bank under or relating to or in connection with the same and the payment and satisfaction of the Indebtedness to the Bank and of all other monies payable or agreed to be paid by the Borrower, the Borrower shall provide or continue to provide or cause to be provided to and in favour of the Bank, the securities and guarantees (if any) specified in Section 6 of Schedule A hereto, the Letter(s) of Offer and any other Facility Agreement and for such purposes, shall execute in favour of and deliver to or cause to be executed in favour of and delivered to the Bank the Security Documents set out in Section 6 of Schedule A and in particular, shall simultaneously with the execution of this Agreement execute or cause to be executed in favour of and deliver to the Bank by the Borrower and/or the Security Party the Charge under the National Land Code to be in the Bank’s standard format and contents (with such variations as the Bank may require) and upon the terms and conditions contained therein.
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EXECUTION OF CHARGE. The Assignor shall forthwith upon the issuance of the issue document of title/strata title to the Property execute in favour of and deliver to the Bank the Third Party Charge in accordance with the provisions of the respective Acts upon the terms and conditions as the Bank may require as security for the Selling Price and all other moneys owing and payable by the Customer and the Assignor.
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EXECUTION OF CHARGE. It was agreed that the Facilities, Indebtedness and all other moneys owing and payable by the Customer under the terms of the FA or LO shall be additionally secured by this Charge and the Letter of Set-Off to be executed.
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EXECUTION OF CHARGE. For better securing the payment of the Selling Price or any part thereof as shall be outstanding and all other moneys whatsoever now or hereafter owing to the Bank by the Customer, the Customer shall execute:- (a) in the event the issue document of title/strata title to the Property has been issued, a valid and registrable first legal charge under the respective Acts over the Property in favour of the Bank in the form and substance acceptable to the Bank; (b) in the event the issue document of title/strata title to the Property has yet to be issued by the appropriate authority, a deed of assignment (by way of security) in respect of the Property in favour of the Bank in the form and substance acceptable to the Bank and upon the issuance of the issue document of title/strata title to the Property execute a registrable first legal charge in favour of the Bank over the Property in the form and substance acceptable to the Bank; (c) cause the Security Party(ies) to execute in favour of the Bank in the form acceptable to the Bank guaranteeing the due performance and observance of the Customer of all the terms and conditions covenants undertakings and to secure the payment of the Selling Price and other money due and payable to the Bank; (d) any other agreements/documents as the Bank may require.
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EXECUTION OF CHARGE. For better securing the payment of the Selling Price or any part thereof as shall be outstanding and all other moneys whatsoever now or hereafter owing to the Bank by the Customer, the Customer shall:- (a) in the case where the issue document of title/strata title to the Property has been issued, cause the execution by the Owner of a third party charge under the respective Acts over the Property in favour of the Bank (hereinafter referred to as “the Third Party Charge”) in the form and substance acceptable to the Bank ; (b) in the case the issue document of title/strata title to the Property has yet to be issued by the appropriate authority, cause the execution by the Owner of a Third Party Deed of Assignment in respect of the Property in favour of the Bank in the form and substance acceptable to the Bank and upon the issuance of the issue document of title/strata title to the Property, cause the Owner to execute a registrable Third Party Charge in favour of the Bank over the Property in the form and substance acceptable to the Bank; (c) cause the Security Party(ies) to execute in favour of the Bank in the form and substance acceptable to the Bank guaranteeing the due performance and observance of the Customer(s) of all the terms and conditions covenants undertakings and to secure the payment of the Selling Price and other moneys due and payable to the Bank; (d) any other agreements/documents as the Bank may require.
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EXECUTION OF CHARGE. The Customer shall forthwith upon the issuance of the issue document of title/strata title to the Property execute in favour of and deliver to the Bank the Charge in accordance with the provisions of the respective Acts upon the terms and conditions as the Bank may require as security for the Selling Price and all monies payable under the Property Sale Agreement.
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Related to EXECUTION OF CHARGE

  • Allocation of Charges There will not be any agreement or understanding between the Servicer and the Borrower (other than as expressly set forth herein or as consented to by the Administrative Agent), providing for the allocation or sharing of obligations to make payments or otherwise in respect of any Taxes, fees, assessments or other governmental charges; provided that it is understood and acknowledged that the Borrower will be consolidated with or treated as a disregarded entity of the Servicer for tax purposes.

  • COLLECTION OF CHARGES 16.1 A Sector Association may request the consent of the Administrator to collect charges due from Operators to the Administrator in respect of facilities under the charging scheme. 16.2 If a Sector Association wishes to collect charges due from an Operator to the Administrator under the charging scheme, the Sector Association may serve a notice in writing on the Administrator by the last working day in February in the calendar year in which the charges fall due. 16.3 A notice served under Rule 16.2 must specify the facilities in respect of which the Sector Association intends to collect charges, being not fewer than 50% of the facilities covered by an umbrella agreement. 16.4 Following receipt of the notice, the Administrator must: 16.4.1 consent to the Sector Association collecting charges; or 16.4.2 refuse consent to the Sector Association collecting charges, giving reasons for the decision. 16.5 If the Administrator consents to the Sector Association collecting charges the Sector Association must: 16.5.1 itemise charges separately in any invoices that it issues in respect of charges; 16.5.2 collect and remit all charges collected to the Administrator without deduction or set off by the last working day in September in each year; 16.5.3 prepare an annual report to the Administrator by the last working day in October in the year in which it has collected charges setting out which Operators it has collected charges from and which Operators have failed to pay charges due to the Sector Association. 16.6 A Sector Association must not actively pursue any outstanding charges after the last working day in September in any year in which they fall due. If a Sector Association receives charges after this date the Sector Association must accept the payment and remit this to the Environment Agency along with information identifying the Operator making the payment. 16.7 If a Sector Association fails to comply with any of its obligations under this Rule the Administrator may serve a notice on the Sector Association that consent to the Sector Association continuing to collect charges is withdrawn at the expiry of 20 working days from the date of the notice.

  • Execution of Change Orders Change Orders shall be signed by the Contractor, ordinarily certified by the Design Professional, and approved by the Owner in accordance with the form of Change Order prescribed by the Owner. No request for payment by the Contractor for a Change Order shall be due, nor shall any such request appear on an Application for Payment, until the Change Order is executed by the Owner. In the event of emergency (see Article

  • Calculation of Charges Contractor shall provide an invoice to the City on a monthly basis for goods delivered and/or Services completed in the immediate preceding month, unless a different schedule is set out in Appendix B, “Calculation of Charges.” Compensation shall be made for goods and/or Services identified in the invoice that the City, in his or her sole discretion, concludes has been satisfactorily performed. In no event shall the amount of this Agreement exceed [insert whole dollar amount in numbers and words -- no pennies and no “.00”]. The breakdown of charges associated with this Agreement appears in Appendix B, “Calculation of Charges.” A portion of payment may be withheld until conclusion of the Agreement if agreed to by both Parties as retainage, described in Appendix B. In no event shall City be liable for interest or late charges for any late payments. City will not honor minimum service order charges for any services covered by this Agreement.

  • Introduction of Change (a) If the employer has made a definite decision to introduce major changes in production, programme, organisation, structure or technology that are likely to have significant effects on practitioners, the employer shall notify the practitioners who may be affected by the proposed changes and the Association. (b) Significant effects" include termination of employment, major changes in the composition, operation or size of the employer's workforce or in the skills required; the elimination or diminution of job opportunities, promotion opportunities or job tenure; the alteration of hours of work; the need for retraining or transfer of practitioners to other work or locations and restructuring of jobs. If this Agreement provides for alteration of any of the matters referred to herein an alteration shall be deemed not to have significant effect. (a) The employer shall discuss with the practitioners affected and the Association, inter alia, the introduction of the changes referred to in subclause (1) hereof, the effects the changes are likely to have on practitioners, measures to avert or mitigate the adverse effects of such changes on practitioners and shall give prompt consideration to matters raised by the practitioners and/or the Association in relation to the changes. (b) The discussion shall commence as early as practicable after a firm decision has been made by the employer to make the changes referred to in subclause (1) hereof. (c) For the purposes of such discussion, the employer shall provide to the practitioners concerned and the Association, all relevant information about the changes including the nature of the changes proposed; the expected effects of the changes on practitioners and any other matters likely to affect practitioners, but the employer shall not be required to disclose confidential information the disclosure of which would be inimical to their interests.