Common use of Scope of Mortgage Clause in Contracts

Scope of Mortgage. The scope of mortgage shall include: the principal, interest, punitive interest, compound, and default penalty, indemnification under this contract, and the expenses of the Lender for exercising its rights under this contract, and all other expenses shall be paid.

Appears in 3 contracts

Samples: Loan/Security Contract (China BCT Pharmacy Group, Inc.), Loan/Security Contract (China BCT Pharmacy Group, Inc.), Loan/Security Contract (CHINA BAICAOTANG MEDICINE LTD)

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Scope of Mortgage. The scope of mortgage shall include: includes the principal, interestinterests, punitive interestpenalty interests, compoundcompound interests, penalty and damages of the debt under the Master Contract, and default penaltylitigation cost, indemnification under this contractattorney fee, guaranty disposal fee, transfer fee and other costs incurred by the expenses Mortgagee for realization of the Lender for exercising its rights under this contract, and all other expenses shall be paidcreditor’s right.

Appears in 1 contract

Samples: Loan Agreement (General Steel Holdings Inc)

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