Notice of an Encumbrance. (a) If the Secured Party receives actual or constructive notice of an Encumbrance over the Mortgaged Property or of the perfection of an Encumbrance, the Secured Party:
Appears in 2 contracts
Samples: Securities Purchase Agreement (Discovery Energy Corp.), Specific Security Agreement (Discovery Energy Corp.)
Notice of an Encumbrance. (a) If the Secured Party receives actual or constructive notice of an Encumbrance over the Mortgaged Secured Property or of the perfection of an Encumbrance, the Secured Party:
Appears in 2 contracts
Samples: Securities Purchase Agreement (Discovery Energy Corp.), Securities Purchase Agreement (Discovery Energy Corp.)