Common use of INFORMATION ABOUT THE SECURITY Clause in Contracts

INFORMATION ABOUT THE SECURITY. 11.1 As part of the overall Agreement, the Credit Union has taken a security interest over the Property. This means that if the Member misses Payments, or is unable to repay the Facility, or falls into any other breach of this Agreement, the Credit Union may be entitled to sell the Property to recover money owed to the Credit Union.

Appears in 9 contracts

Samples: Personal Loan Facility Agreement, Personal Loan Facility Agreement, Personal Loan Facility Agreement

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INFORMATION ABOUT THE SECURITY. 11.1 12.1 As part of the overall Agreement, the Credit Union has taken a security interest over the Property. This means that if the Member misses Payments, or is unable to repay the Facilityfacility, or falls into any other breach of this Agreement, the Credit Union may be entitled to sell the Property to recover money owed to the Credit Union.

Appears in 5 contracts

Samples: First Home Together Facility Agreement, Home Loan Facility Agreement, First Home Together Facility Agreement

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INFORMATION ABOUT THE SECURITY. 11.1 10.1 As part of the overall Agreement, the Credit Union has taken a security interest over the Property. This means that if the Member misses Payments, or Borrower is unable to repay the Facilityfacility, or falls into any other breach of this Agreement, the Credit Union may be entitled to sell the Property to recover money owed to the Credit Union.

Appears in 1 contract

Samples: Easy Home Loan Facility Agreement

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