Common use of Mortgage of Assets Clause in Contracts

Mortgage of Assets. The Lessee may mortgage the land with the Central Government, State Government, Nationalized bank, Life Insurance Corporation, Chhattisgarh State Finance Corporation, Housing and Urban Development Corporation or any other Financial Institution with prior permission from Authority as per the provisions of Rule 22 (1), "Chhattisgarh Xxxxxxx Kshetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam, 2008" .However the permission for the mortgage shall be granted subject to the following conditions-

Mortgage of Assets. The Lessee may mortgage the land with the Central Government, State Government, Nationalized bank, Life Insurance Corporation, Chhattisgarh State Finance Corporation, Housing and Urban Development Corporation or any other Financial Institution registered with RBI with prior written permission from Authority the NRDA as per the provisions of Rule 22 (1), "Chhattisgarh Xxxxxxx Kshetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam, 2008" .However ". However the permission for the mortgage shall be granted subject to the following conditions-

Mortgage of Assets. The Lessee may mortgage the land with the Central Government, State Government, Nationalized bank, Life Insurance Corporation, Chhattisgarh State Finance Corporation, Housing and Urban Development Corporation or any other Financial Institution registered with RBI with prior written permission from Authority the NRANVP as per the provisions of Rule 22 (1), "Chhattisgarh Xxxxxxx Kshetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam, 2008" .However ". However the permission for the mortgage shall be granted subject to the following conditions-

Mortgage of Assets. The Lessee may mortgage the land with the Central Government, State Government, Nationalized bank, Life Insurance Corporation, Chhattisgarh State Finance Corporation, Housing and Urban Development Corporation or any other Financial Institution with prior permission from Authority as per the provisions of Rule 22 (11 and 2), "Chhattisgarh Xxxxxxx Kshetra (Xxxxx Xxxxxxxx ka Vyayan) Niyam, 2008" .However the permission for the mortgage shall be granted subject to the following conditions-