Common use of Monetary Claims Clause in Contracts

Monetary Claims. Without limiting the foregoing, but subject to the rights of Desjardins, the Grantor shall accomplish all things and deliver to the Hypothecary Representative all documents, agreements and other materials as may be required from time to time, in the opinion of the Hypothecary Representative, to provide the Hypothecary Representative with control over the Monetary Claims forming part of the Charged Property (other than control over Monetary Claims deposited in bank accounts or other financial accounts maintained with Desjardins for so long as obligations of the Grantor are outstanding under the Desjardins Offer) in the manner provided under Article 2713.1 and following of the Civil Code of Québec. Unless the Hypothecary Representative has given its prior written consent, the Grantor shall not cause or permit any person other than Desjardins and the Hypothecary Representative to have control (in accordance with Article 2713.1 and following of the Civil Code of Québec) of any Monetary Claims forming part of the Charged Property.

Monetary Claims. Without limiting the foregoing, but subject to the rights of Desjardins, the Grantor shall accomplish all things and deliver to the Hypothecary Representative all documents, agreements and other materials as may be required from time to time, in the opinion of the Hypothecary Representative, to provide the Hypothecary Representative with control over the Monetary Claims forming part of the Charged Property (other than control over Monetary Claims deposited in bank accounts or other financial accounts maintained with Desjardins for so long as obligations of the Grantor Company are outstanding under the Desjardins Offer) in the manner provided under Article 2713.1 and following of the Civil Code of Québec. Unless the Hypothecary Representative has given its prior written consent, the Grantor shall not cause or permit any person other than Desjardins and the Hypothecary Representative to have control (in accordance with Article 2713.1 and following of the Civil Code of Québec) of any Monetary Claims forming part of the Charged Property.