Common use of RESTRICTION AGAINST OTHER CHARGES Clause in Contracts

RESTRICTION AGAINST OTHER CHARGES. The Assignor hereby declares that there is no assignment mortgage charge or debenture upon the Secured Property or any part thereof secured by this Assignment having priority to this Assignment; and 11.1 the Assignor shall not during the continuance of this Assignment sell, charge, mortgage, assign, execute any form of debenture (whether fixed or floating), pledge or lien over, or raise money on the security of, any of its/his present or future benefits rights title and interest in and to and under the Secured Property or any part thereof or deal with the same in any manner whatsoever without the written consent of the Lender first had and obtained such consent to be given or withheld at the absolute discretion of the Lender; and 11.2 this Assignment shall be without prejudice to any collateral security which may hereafter be given to the Lender whether the same be for securing the full payment of the principal monies and interest hereby secured or any part thereof or any other monies covenanted to be paid herein and whether such security is taken as additional or collateral security or otherwise howsoever.

RESTRICTION AGAINST OTHER CHARGES. The Assignor hereby declares that there is no assignment mortgage assignment, mortgage, charge or debenture upon the Secured Property or any part thereof secured by this Assignment having priority to this Assignment; and 11.1 9.1 the Assignor shall not during the continuance of this Assignment sell, charge, mortgage, assign, execute any form of debenture (whether fixed or floating), pledge or lien over, or raise money on the security of, any of its/his present or future benefits rights title and interest in and to and under the Secured Property or any part thereof or deal with the same in any manner whatsoever without the written consent of the Lender Bank first had and obtained such consent to be given or withheld at the absolute discretion of the LenderBank; and 11.2 9.2 this Assignment shall be without prejudice to any collateral security which may hereafter be given to the Lender Bank whether the same be for securing the full payment of the principal monies and interest Indebtedness hereby secured or any part thereof or any other monies covenanted to be paid herein and whether such security is taken as additional or collateral security or otherwise howsoever.

RESTRICTION AGAINST OTHER CHARGES. The Assignor hereby agree, covenant and declares that that:- 7.1 there is no assignment mortgage assignment, mortgage, charge or debenture upon the Secured Property or any part thereof secured by this Assignment having priority to this Assignment; and; 11.1 7.2 the Assignor shall not during the continuance of this Assignment sell, charge, mortgage, assign, execute any form of debenture (whether fixed or floating), pledge or lien over, or raise money on the security of, any of its/his present or future benefits rights benefits, rights, title and interest in and to and under the Secured Property or any part thereof or deal with the same in any manner whatsoever without the written consent of the Lender Bank first had and obtained obtained, such consent to may be given or withheld at the absolute discretion of the LenderBank; and 11.2 7.3 this Assignment shall be is without prejudice to any collateral security which may hereafter be given to the Lender Bank whether the same be for securing the full payment of the principal monies and interest Indebtedness hereby secured or any part thereof or any other monies covenanted to be paid herein and whether such security is taken as additional or collateral security or otherwise howsoever.

RESTRICTION AGAINST OTHER CHARGES. The Assignor hereby agrees, covenant and declares that that:- 7.1 there is no assignment mortgage assignment, mortgage, charge or debenture upon the Secured Property or any part thereof secured by this Assignment having priority to this Assignment; and; 11.1 7.2 the Assignor shall not during the continuance of this Assignment sell, charge, mortgage, assign, execute any form of debenture (whether fixed or floating), pledge or lien over, or raise money on the security of, any of its/his present or future benefits rights benefits, rights, title and interest in and to and under the Secured Property or any part thereof or deal with the same in any manner whatsoever without the written consent of the Lender Bank first had and obtained obtained, such consent to may be given or withheld at the absolute discretion of the LenderBank; and 11.2 7.3 this Assignment shall be is without prejudice to any collateral security which may hereafter be given to the Lender Bank whether the same be for securing the full payment of the principal monies and interest Indebtedness hereby secured or any part thereof or any other monies covenanted to be paid herein and whether such security is taken as additional or collateral security or otherwise howsoever.