HYPOTHECARY RIGHTS. Any of the Charged property is subject to a hypothecary right from another creditor, a partition procedure, a "sale of an enterprise" as it is understood under sections 1767 and ssq. of the Civil Code of Quebec or an expropriation, except to the extent or under circumstances permitted in accordance with the Indenture.
Appears in 4 contracts
Samples: Deed of Hypothec (SLM International Inc /De), Deed of Hypothec (SLM International Inc /De), Deed of Hypothec (SLM International Inc /De)