Common use of Québec Interpretation Clause in Contracts

Québec Interpretation. For all purposes of the interpretation or construction of this Agreement under the laws of the Province of Québec or a court or tribunal exercising jurisdiction in the Province of Quebec, (a) “personal property” shall include “movable property”, (b) “real property” shall include “immovable property”, (c) “tangible property” shall include “corporeal property”, (d) “intangible property” shall include “incorporeal property”, (e) “security interest”, “mortgage” and “lien” shall include a “hypothec”, “prior claim” and a “resolutory clause”, (f) all references to filing, registering or recording under the UCC or PPSA shall include publication under the Civil Code of Québec, (g) all references to “perfection” of or “perfected” liens or security interest shall include a reference to an “opposable” or “set up” lien or security interest as against third parties, (h) any “right of offset”, “right of setoff” or similar expression shall include a “right of compensation”, (i) “goods” shall include “corporeal movable property” other than chattel paper, documents of title, instruments, money and securities, (j) an “agent” shall include a “mandatary”, (k) “construction liens” shall include “legal hypothecs”, (l) “joint and several” shall include “solidary”, (m) “gross negligence or willful misconduct” shall be deemed to be “intentional or gross fault”, (n) “beneficial ownership” shall include “ownership on behalf of another as mandatary”, (o) “easement” shall include “servitude”, (p) “priority” shall include “prior claim”, (q) “survey” shall include “certificate of location and plan”, (r) “fee simple title” shall include “absolute ownership”, and (s) “ground lease” shall be deemed to include “emphyteutic lease.” The parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only (except if another language is required under any applicable law) and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés par cette convention et les autres documents peuvent être rédigés en langue anglaise seulement (sauf si une autre langue est requise en vertu d’une loi applicable).

Québec Interpretation. For all purposes of any Collateral located in the Province of Québec and for all other purposes pursuant to which the interpretation or construction of this Agreement under a Loan Document may be subject to the laws of the Province of Québec Quebec or a court or tribunal exercising jurisdiction in the Province of QuebecQuébec, (a) “"personal property” " shall be deemed to include “"movable property”", (b) “"real property” " shall be deemed to include “"immovable property”", (c) “"tangible property” " shall be deemed to include “"corporeal property”", (d) “"intangible property” " shall be deemed to include “"incorporeal property”", (e) “"security interest”, “" and "mortgage” and “lien” " shall be deemed to include a “"hypothec”, “prior claim” and a “resolutory clause”", (f) 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, (g) all references to “"perfection” " of or “"perfected” liens or security interest " Liens shall be deemed to include a reference to an “opposable” or “set up” lien or security interest as against the "opposability" of such Liens to third parties, (h) any “"right of offset”", “"right of setoff” " or similar expression shall be deemed to include a “"right of compensation”", (i) “"goods” " shall be deemed to include “"corporeal movable property” " other than chattel paper, documents of title, instruments, money and securities, (j) an “"agent” " shall be deemed to include a “"mandatary”", (k) “"construction liens” " shall be deemed to include “"legal hypothecs”", (l) “"joint and several” " shall be deemed to include “"solidary”", (m) “"gross negligence or willful misconduct” " shall be deemed to be “"intentional or gross fault”", (n) “"beneficial ownership” " shall be deemed to include “"ownership on behalf of another as mandatary”", (o) “"servitude" shall be deemed to include "easement” shall include “servitude”", (p) “"priority” " shall be deemed to include “"prior claim”", (q) “"survey” " shall be deemed to include “"certificate of location and plan”", (r) “"fee simple title” shall include “absolute ownership”, and (s) “ground lease” " shall be deemed to include “"absolute ownership" and (s) "ground lease" shall be deemed to include "emphyteutic lease.” ". The parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only (except if another language is required under any applicable law) and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est c'est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés par cette convention et les autres documents peuvent être rédigés en langue anglaise seulement (sauf si une autre langue est requise en vertu d’une d'une loi applicable).

Québec Interpretation. For all purposes of any assets, liabilities or entities located in the Province of Québec and for all other purposes pursuant to which the interpretation or construction of this Agreement under may be subject to the laws of the Province of Québec or a court or tribunal exercising jurisdiction in the Province of QuebecQuébec, (ai) “personal property” shall be deemed to include “movable property”, (bii) “real property” shall be deemed to include “immovable property”, (ciii) “tangible property” shall be deemed to include “corporeal property”, (div) “intangible property” shall be deemed to include “incorporeal property”, (ev) “security interest”, “mortgage” and “lien” shall be deemed to include a “hypothec”, “prior claim”, “reservation of ownership” and a “resolutory clause”, (fvi) all references to filing, registering or recording under the UCC or PPSA shall be deemed to include publication under the Civil Code of Québec, (gvii) all references to “perfection” of or “perfected” liens or security interest shall be deemed to include a reference to an “opposable” or “set up” lien or security interest hypothec as against third parties, (h) any “right of offset”, “right of setoff” or similar expression shall include a “right of compensation”, (iviii) “goods” shall be deemed to include “corporeal movable property” other than chattel paper, documents of title, instruments, money and securities, (jix) an “agent” shall be deemed to include a “mandatary”, (k) “construction liens” shall include “legal hypothecs”, (lx) “joint and several” shall be deemed to include “solidary”, ; (mxi) “gross negligence or willful misconduct” shall be deemed to be “intentional or gross fault”, ; and (n) “beneficial ownership” shall include “ownership on behalf of another as mandatary”, (o) “easement” shall include “servitude”, (pxii) “priority” shall include “prior claim”, (q) “survey” shall include “certificate of location and plan”, (r) “fee simple title” shall include “absolute ownership”, and (s) “ground lease” shall be deemed to include “emphyteutic leaserank” or “prior claim”, as applicable.” The parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only (except if another language is required under any applicable law) and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés par cette convention et les autres documents peuvent être rédigés en langue anglaise seulement (sauf si une autre langue est requise en vertu d’une loi applicable).

Québec Interpretation. For all purposes of any assets, liabilities or entities located in the Province of Québec and for all other purposes pursuant to which the interpretation or construction of this Agreement under may be subject to the laws of the Province of Québec or a court or tribunal exercising jurisdiction in the Province of QuebecQuébec, (a) “"personal property” " shall be deemed to include “"movable property”", (b) “"real property” " shall be deemed to include “"immovable property”", (c) “"tangible property” " shall be deemed to include “"corporeal property”", (d) “"intangible property” " shall be deemed to include “"incorporeal property”", (e) “"security interest”", “"mortgage” " and “"lien” " shall be deemed to include a “"hypothec”" (either legal or conventional), “"prior claim” " and a “resolutory clause”, (f) all references to filing, registering or recording under the UCC or PPSA shall be deemed to include publication under the Civil Code of Québec, (g) all references to “"perfection” " of or “"perfected” " liens or security interest shall be deemed to include a reference to an “"opposable” " or “"set up” " lien or security interest as against third parties, (h) any “"right of offset”", “"right of setoff” " or similar expression shall be deemed to include a “"right of compensation”", (i) “"goods” " shall be deemed to include “"corporeal movable property” " other than chattel paper, documents of title, instruments, money and securities, (j) an “"agent” " shall be deemed to include a “"mandatary”", (k) “"construction liens” " shall be deemed to include “"legal hypothecs”, "; (l) “"joint and several” " shall be deemed to include “"solidary”, "; (m) “"gross negligence or willful misconduct” " shall be deemed to be “"intentional or gross fault”, "; (n) “"beneficial ownership” " shall be deemed to include “"ownership on behalf of another as mandatary”, "; (o) “"easement” " shall be deemed to include “a "servitude”, "; (p) “"priority” " shall be deemed to include “prior claim”, "rank"; (q) “"survey” " shall be deemed to include “"certificate of location and plan”, "; (r) “"fee simple title” shall include “absolute ownership”, and (s) “ground lease” " shall be deemed to include “emphyteutic lease.” "absolute ownership". The parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only (except if another language is required under any applicable law) and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est c'est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés envisages par cette convention et les autres documents peuvent être rédigés en la langue anglaise seulement (sauf si une autre langue est requise en vertu d’une loi applicable)seulement.

Québec Interpretation. For all purposes of any assets, liabilities or entities located in the Province of Québec and for all purposes pursuant to which the interpretation or construction of this Agreement under may be subject to the laws of the Province of Québec or a court or tribunal exercising jurisdiction in the Province of QuebecQuébec, (a) “personal property” shall include “movable property”, (b) “real property” shall include “immovable property”, (c) “tangible property” shall include “corporeal property”, (d) “intangible property” shall include “incorporeal property”, (e) “security interest”, “mortgage” and “lien” shall include a “hypothec”, “prior claim” and a “resolutory clause”, (f) all references to filing, registering or recording under the UCC or PPSA shall include publication under the Civil Code of Québec, (g) all references to “perfection” of or “perfected” liens or security interest shall include a reference to an “opposable” or “set up” lien or security interest as against third parties, (h) any “right of offset”, “right of setoff” or similar expression shall include a “right of compensation”, (i) “goods” shall include “corporeal movable property” other than chattel paper, documents of title, instruments, money and securities, (j) an “agent” shall include a “mandatary”, (k) “construction liens” shall include “legal hypothecs”, (l) “joint and several” shall include “solidary”, (m) “gross negligence or willful misconduct” shall be deemed to be “intentional or gross fault”, (n) “beneficial ownership” shall include “ownership on behalf of another as mandatary”, (o) “easement” shall include “servitude”, (p) “priority” shall include “prior claim”, (q) “survey” shall include “certificate of location and plan”, and (r) “fee simple title” shall include “absolute ownership”, and (s) “ground lease” shall be deemed to include “emphyteutic lease.” The parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only (except if another language is required under any applicable law) and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés par cette convention et les autres documents peuvent être rédigés en langue anglaise seulement (sauf si une autre langue est requise en vertu d’une loi applicable).

Québec Interpretation. For all purposes of any assets, liabilities or entities located in the Province of Québec and for all other purposes pursuant to which the interpretation or construction of this Agreement under may be subject to the laws 52 of the Province of Québec or a court or tribunal exercising jurisdiction in the Province of QuebecQuébec, (ai) “personal property” shall be deemed to include “movable property”, (bii) “real property” shall be deemed to include “immovable property”, (ciii) “tangible property” shall be deemed to include “corporeal property”, (div) “intangible property” shall be deemed to include “incorporeal property”, (ev) “security interest”, “mortgage” and “lien” shall be deemed to include a “hypothec”, “prior claim”, “reservation of ownership” and a “resolutory clause”, (fvi) all references to filing, registering or recording under the UCC or PPSA shall be deemed to include publication under the Civil Code of Québec, (gvii) all references to “perfection” of or “perfected” liens or security interest shall be deemed to include a reference to an “opposable” or “set up” lien or security interest hypothec as against third parties, (h) any “right of offset”, “right of setoff” or similar expression shall include a “right of compensation”, (iviii) “goods” shall be deemed to include “corporeal movable property” other than chattel paper, documents of title, instruments, money and securities, (jix) an “agent” shall be deemed to include a “mandatary”, (k) “construction liens” shall include “legal hypothecs”, (lx) “joint and several” shall be deemed to include “solidary”, ; (mxi) “gross negligence or willful misconduct” shall be deemed to be “intentional or gross fault”, ; and (n) “beneficial ownership” shall include “ownership on behalf of another as mandatary”, (o) “easement” shall include “servitude”, (pxii) “priority” shall include “prior claim”, (q) “survey” shall include “certificate of location and plan”, (r) “fee simple title” shall include “absolute ownership”, and (s) “ground lease” shall be deemed to include “emphyteutic leaserank” or “prior claim”, as applicable.” The parties hereto confirm that it is their wish that this Agreement and any other document executed in connection with the transactions contemplated herein be drawn up in the English language only (except if another language is required under any applicable law) and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les parties aux présentes confirment que c’est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis, envisagés par cette convention et les autres documents peuvent être rédigés en langue anglaise seulement (sauf si une autre langue est requise en vertu d’une loi applicable).