Common use of Quebec Interpretation Clause in Contracts

Quebec Interpretation. For purposes of any Collateral located in the Province of Quebec or charged by any deed of hypothec (or any other Credit Document) and for all other purposes pursuant to which the interpretation or construction of a Credit Document may be subject to the laws of the Province of Quebec or a court or tribunal exercising jurisdiction in the Province of Québec, (q) “personal property” shall be deemed to include “movable property”, (r) “real property” shall be deemed to include “immovable property”, (s) “tangible property” shall be deemed to include “corporeal property”, (t) “intangible property” shall be deemed to include “incorporeal property”, (u) “security interest” and “mortgage” shall be deemed to include a “hypothec”, (v) all references to filing, registering or recording under the UCC or the PPSA shall be deemed to include publication under the Civil Code of Québec, (w) all references to “perfection” of or “perfected” Liens shall be deemed to include a reference to the “opposability” of such Liens to third parties, (x) any “right of offset”, “right of setoff” or similar expression shall be deemed to include a “right of compensation”, (y) “goods” shall be deemed to include “corporeal movable property” other than Chattel Paper, documents of title, instruments, money and securities, and (z) an “agent” shall be deemed to include a “mandatory”.

Quebec Interpretation. For purposes of any Collateral located in the Province of Quebec or charged by any deed of hypothec (or any other Credit Document) and for all other purposes pursuant to which the interpretation or construction of a Credit Document may be subject to the laws of the Province of Quebec or a court or tribunal exercising jurisdiction in the Province of QuébecQuebec, (qi) “"personal property” " shall be deemed to include “"movable property”", (rii) “"real property” " shall be deemed to include “"immovable property”", (siii) “"tangible property” " shall be deemed to include “"corporeal property”", (tiv) “"intangible property” " shall be deemed to include “"incorporeal property”", (uv) “"security interest” ", "mortgage" and “mortgage” "lien" shall be deemed to include a “"hypothec”", "prior claim" and a "resolutory clause," (vvi) all references to filing, registering or recording under the UCC or the PPSA shall be deemed to include publication under the Civil Code of QuébecQuebec, (wvii) all references to “"perfection” " of or “"perfected” " Liens shall be deemed to include a reference to the “opposability” of such an "opposable" or "set up" Liens to as against third parties, (xviii) any “"right of offset”", “"right of setoff” " or similar expression shall be deemed to include a “"right of compensation”, (y) “goods” shall be deemed to include “corporeal movable property” other than Chattel Paper, documents of title, instruments, money and securities, and (z) an “agent” shall be deemed to include a “mandatory”.",

Quebec Interpretation. For purposes of any Collateral assets, liabilities or entities located in the Province of Quebec or charged by any deed of hypothec (or any other Credit Document) and for all other purposes pursuant to which the interpretation or construction of a Credit Document this Agreement may be subject to the laws of the Province of Quebec or a court or tribunal exercising jurisdiction in the Province of QuébecQuebec, (qa) “personal property” shall be deemed to include “movable property”, (rb) “real property” or “real estate” shall be deemed to include “immovable property”, (sc) “tangible property” shall be deemed to include “corporeal property”, (td) “intangible property” shall be deemed to include “incorporeal property”, (ue) “security interest”, “mortgage” and “mortgagelien” shall be deemed to include a “hypothec”, “right of retention”, “prior claim”, “reservation of ownership” and a resolutory clause, (vf) all references to filing, perfection, priority, remedies, registering or recording under the UCC Uniform Commercial Code or the PPSA shall be deemed to include publication under the Civil Code of QuébecQuebec, (wg) all references to “perfection” of or “perfected” Liens liens or security interest shall be deemed to include a reference to the an “opposabilityopposable” of such Liens to or “set up” hypothec as against third parties, (xh) any “right of offset”, “right of setoff” or similar expression shall be deemed to include a “right of compensation”, (yi) “goods” shall be deemed to include “corporeal movable property” other than Chattel Paperchattel paper, documents of title, instruments, money and securities, and (zj) an “agent” shall be deemed to include a “mandatorymandatary”., (k) “construction