Common use of Notice and Acknowledgement Clause in Contracts

Notice and Acknowledgement. The execution of this Agreement by each Secured Creditor shall constitute an express acknowledgement by each of them of such charges and assignments and other Security made or granted by the foregoing provisions of this Article 2 and each of the Secured Creditors covenants with the Bond Trustee not to do anything inconsistent with the Security given under or pursuant to this Agreement or knowingly to prejudice the Security constituted hereunder or pursuant hereto or under any Mortgage Deed provided that, without prejudice to Article 4, nothing herein shall be construed as limiting the rights or obligations of any of the Secured Creditors exercisable or to be prepared in accordance with and subject to the terms of any of the other Transaction Documents.

Appears in 5 contracts

Samples: General Security Agreement, General Security Agreement, General Security Agreement

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Notice and Acknowledgement. The execution of this Agreement by each Secured Creditor shall constitute an express acknowledgement by each of them of such charges and assignments and other Security made or granted by the foregoing provisions of this Article 2 and each of the Secured Creditors covenants with the Bond Trustee not to do anything inconsistent with the Security given under or pursuant to this Agreement or knowingly to prejudice the Security constituted hereunder or pursuant hereto or under any Mortgage Deed provided that, without prejudice to Article 4, nothing herein shall be construed as limiting the rights or obligations of any of the Secured Creditors exercisable or to be prepared in accordance with and subject to the terms of any of the other Transaction Documents.

Appears in 2 contracts

Samples: General Security Agreement (BMO Covered Bond Guarantor Limited Partnership), General Security Agreement

Notice and Acknowledgement. β€Œ The execution of this Agreement by each Secured Creditor shall constitute an express acknowledgement by each of them of such conveyances, transfers, charges and assignments and other Security made or granted by the foregoing provisions of this Article 2 1 and each of the Secured Creditors covenants with the Bond Trustee not to do anything inconsistent with the Security security interests given under or pursuant to this Agreement or knowingly to prejudice the Security constituted hereunder or pursuant hereto or under any Mortgage Deed provided that, without prejudice to Article 43, nothing herein shall be construed as limiting the rights or obligations of any of the Secured Creditors exercisable or to be prepared in accordance with and subject to the terms of any of the other Transaction Documents.

Appears in 1 contract

Samples: General Security Agreement

Notice and Acknowledgement. The execution of this Agreement by each Secured Creditor shall constitute an express acknowledgement by each of them of such conveyances, transfers, charges and assignments and other Security made or granted by the foregoing provisions of this Article 2 1 and each of the Secured Creditors covenants with the Bond Trustee not to do anything inconsistent with the Security security interests given under or pursuant to this Agreement or knowingly to prejudice the Security constituted hereunder or pursuant hereto or under any Mortgage Deed provided that, without prejudice to Article 43, nothing herein shall be construed as limiting the rights or obligations of any of the Secured Creditors exercisable or to be prepared in accordance with and subject to the terms of any of the other Transaction Documents.

Appears in 1 contract

Samples: General Security Agreement (RBC Covered Bond Guarantor Limited Partnership)

Notice and Acknowledgement. The execution of this Agreement by each Secured Creditor shall constitute an express acknowledgement by each of them of such charges and assignments and other Security made or granted by the foregoing provisions of this Article 2 and each of the Secured Creditors covenants with the Bond Trustee not to do anything inconsistent with the Security given under or pursuant to this Agreement or knowingly to prejudice the Security constituted hereunder or pursuant hereto or under any Mortgage Deed deed creating a Hypothec provided that, without prejudice to Article 4, nothing herein shall be construed as limiting the rights or obligations of any of the Secured Creditors exercisable or to be prepared in accordance with and subject to the terms of any of the other Transaction Documents.

Appears in 1 contract

Samples: General Security Agreement

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Notice and Acknowledgement. The execution of this Agreement by each Secured Creditor shall constitute an express acknowledgement by each of them of such charges and assignments and other Security made or granted by the foregoing provisions of this Article 2 1 and each of the Secured Creditors covenants with the Bond Trustee not to do anything inconsistent with the Security given under or pursuant to this Agreement or knowingly to prejudice the Security constituted hereunder or pursuant hereto or under any Mortgage Deed provided that, without prejudice to Article 43, nothing herein shall be construed as limiting the rights or obligations of any of the Secured Creditors exercisable or to be prepared in accordance with and subject to the terms of any of the other Transaction Documents.

Appears in 1 contract

Samples: General Security Agreement

Notice and Acknowledgement. The execution of this Agreement by each Secured Creditor shall constitute an express acknowledgement by each of them of such conveyances, transfers, charges and assignments and other Security made or granted by the foregoing provisions of this Article 2 1 and each of the Secured Creditors covenants with the Bond Trustee not to do anything inconsistent with the Security security interests given under or pursuant to this Agreement or knowingly to prejudice the Security constituted hereunder or pursuant hereto or under any Mortgage Deed provided that, without prejudice to Article 43, nothing herein shall be construed as limiting the rights or obligations of any of the Secured Creditors exercisable or to be prepared in accordance with and subject to the terms of any of the other Transaction Documents.. General Security Agreement

Appears in 1 contract

Samples: General Security Agreement (RBC Covered Bond Guarantor Limited Partnership)

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