Implied Covenants for Title. (a) The covenants set out in Sections 3(1), 3(2) and 6(2) of the Law of Property (Miscellaneous Provisions) Xxx 0000 will not extend to Clause 3 (Security over the Deposits). (b) It shall be implied in respect of Clause 3 (Security over the Deposits) that the Company is assigning the Deposits free from all charges and encumbrances (whether monetary or not) and from all other rights exercisable by third parties (including liabilities imposed and rights conferred by or under any enactment).
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Samples: Security Over Cash Agreement (Reynolds Group Holdings LTD), Security Over Cash Agreement (Reynolds Group Holdings LTD)
Implied Covenants for Title. (a) The covenants set out in Sections 3(1), 3(2) and 6(2) of the Law of Property (Miscellaneous Provisions) Xxx 0000 Act 1994 will not extend to Clause 3 (Security over the DepositsCharging Provisions).
(b) It shall be implied in respect of Clause 3 (Security over the DepositsCharging Provisions) that the Company Chargor is assigning charging the Deposits Secured Assets free from all charges and encumbrances (whether monetary or not) and from all other rights exercisable by third parties (including liabilities imposed and rights conferred by or under any enactment).
Appears in 2 contracts
Samples: Senior Secured Convertible Note Purchase Agreement (Mynd.ai, Inc.), Senior Secured Convertible Note Purchase Agreement
Implied Covenants for Title. (a) The covenants set out in Sections 3(1), 3(2) and 6(2) of the Law of Property (Miscellaneous Provisions) Xxx 0000 will not extend to Clause 3 (Security over the DepositsCharging Provisions).
(b) . It shall be implied in respect of Clause 3 (Security over the DepositsCharging Provisions) that the Company Chargor is assigning disposing of the Deposits Charged Property free from all charges and encumbrances (whether monetary or not) and from all other rights exercisable by third parties (including liabilities imposed and rights conferred by or under any enactment).
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Implied Covenants for Title. (a) The covenants set out in Sections 3(1), ) ,3(2) and 6(2) of the Law of Property (Miscellaneous Provisions) Xxx 0000 will not extend to Clause 3 2.2 (Security over the DepositsCharge).
(b) It shall be implied in respect of Clause 3 2.2 (Security over the DepositsCharge) that the Company Chargor is assigning charging the Deposits Charged Portfolio free from all charges and encumbrances (whether monetary or not) and from all other rights exercisable by third parties (including liabilities imposed and rights conferred by or under any enactment).
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