Common use of Renunciation Clause in Contracts

Renunciation. The Grantor acknowledges to renounce the benefits of division and discussion and the exception of discussion. SAISIE- CIVIL STATUS AND MATRIMONIAL REGIME The Grantor states: SAISIE SAISIE- INTERVENTION To these presents hereto came and intervened SAISIE, the Debtor, who acknowledges to have taken communication of and to understand all the clauses and conditions of the present agreement, in particular the clause "Default", and to consent to them for all legal purposes. SAISIE- INTERPRETATION Whenever the context so requires, any word written in the singular also includes the plural and vice versa, and the masculine form is taken to include the feminine. SAISIE- APPLICABLE LAW This deed of hypothecary security shall be governed by the laws of Quebec. Its administration and the interpretation of its terms, and any person party to this agreement are subject to the jurisdiction of Quebec. This agreement was drafted in English at the request of the parties. Executed in two (2) copies, each copy signed by each of the parties at SAISIE, this SAISIE (the Creditor) (the Grantor) (the Debtor)

Renunciation. The Grantor acknowledges to renounce the benefits of division and discussion and the exception of discussion. SAISIE- CIVIL STATUS AND MATRIMONIAL REGIME The Grantor states: SAISIE SAISIE- INTERVENTION To these presents hereto came and intervened SAISIE, the Debtor, who acknowledges to have taken communication of and to understand all the clauses and conditions of the present agreement, in particular the clause "Default", and to consent to them for all legal purposes. SAISIE- INTERPRETATION Whenever the context so requires, any word written in the singular also includes the plural and vice versa, and the masculine form is taken to include the feminine. SAISIE- APPLICABLE LAW This deed of hypothecary security shall be governed by the laws of Quebec. Its administration and the interpretation of its terms, and any person party to this agreement are subject to the jurisdiction of Quebec. This agreement was drafted in English at the request of the parties. Executed in two (2) copies, each copy copies signed by each of the parties at SAISIE, this SAISIE (the Creditor) (the Grantor) (the Debtor)

Renunciation. The Grantor acknowledges to renounce the benefits of division and discussion and the exception of discussion. SAISIE- CIVIL STATUS AND MATRIMONIAL REGIME The Grantor states: SAISIE SAISIE- INTERVENTION To these presents hereto came and intervened SAISIE, the Debtor, who acknowledges to have taken communication of and to understand all the clauses and conditions of the present agreement, in particular the clause "Default", and to consent to them for all legal purposes. SAISIE- INTERPRETATION Whenever the context so requires, any word written in the singular also includes the plural and vice versa, and the masculine form is taken to include the feminine. SAISIE- APPLICABLE LAW This deed of hypothecary security shall be governed by the laws of Quebec. Its administration and the interpretation of its terms, and any person party to this agreement are subject to the jurisdiction of Quebec. This agreement was drafted in English at the request of the parties. Executed in two (2) copies, each copy signed by each of the parties at SAISIE, this SAISIE (the Creditor) (the Grantor) (the Debtor)