Common use of Permissions for creation of security Clause in Contracts

Permissions for creation of security. The Borrower shall ensure that all permission, intimations, notice, etc., which may be required by law or under the terms of any bye-law agreement or document for creation of any security in future in favour of Bank shall be duly granted and the conditions thereof shall be duly complied with.

Appears in 3 contracts

Samples: Equitas Small, Equitas Small, Equitas Small

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Permissions for creation of security. The Borrower Borrower/ Security Provider shall ensure that all permissionpermissions, intimations, noticenotices, etc., . which may be required by law or under the terms of any bye-law agreement or document for creation of any security in future in favour of Bank Security shall be have been duly granted and the conditions thereof shall be duly complied withobtained/given.

Appears in 2 contracts

Samples: Master Facility Agreement, Agreement

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