THE CHARGE. The Customer charges all its rights under this agreement with the payment of all money becoming due by the Customer to the Water Entity under this agreement.
THE CHARGE. 2.2.1 As security for the payment of the Secured Obligations when due in accordance with the PPA, the Procurer as the legal and / or beneficial owner of the Hypothecated Interest does hereby agree to hypothecate on the Charge Creation Date by way of pari pasu charge in favour of the Seller:- all right, title, interest, benefit, claims and demands whatsoever of the Procurer in respect of the Incremental Receivables (collectively, the“Hypothecated Interest”). The charge created pursuant to this Article by the Procurer over the Hypothecated Interest in favour of the Seller shall be a floating charge and subject to Article 3.1.1 of this Agreement, shall not hinder the Procurer from selling, leasing or otherwise disposing of or dealing with the Hypothecated Interest or any part thereof. Provided that, the floating charge created pursuant to this Article shall immediately and automatically be converted into a fixed charge upon the occurrence of any Event of Default as defined in the Default Escrow Agreement.
A. on the date of the creation of the pari pasu charge in accordance with Article 2.2.1, this Agreement to Hypothecate Cum Deed of Hypothecation shall be deemed to continue as the Deed of Hypothecation between the Parties in accordance with the terms contained herein.
B. At any time after an Event of Default as defined in the Default Escrow Agreement occurs and is continuing, the Seller shall have the authority to act upon and enforce the provisions of this Agreement in accordance with the provisions hereof and the PPA.
C. Following the occurrence of an Event of Default as defined in the Default Escrow Agreement, except as may be required under the PPA, the Seller shall not be obliged before taking steps to enforce the Security constituted by or pursuant to this Agreement to:
(a) take action or obtain judgement or any arbitration award against the Procurer in any court or before any arbitrator;
(b) make or file any claim or proof in a winding up or dissolution of the Procurer; and
(c) exercise any legal remedies, which may be available to it under or in respect of the PPA.
THE CHARGE. The Trustee charges all its present and future, right, title and interest in the Charged Property, subject only to the Prior Interest, to the Security Trustee for the payment in full of all the Secured Moneys.
THE CHARGE. In return for our agreeing to lend the Principal Amount of _______________________ __________________________________________ dollars ($________________), or as much of the Principal Amount as we advance to you, you grant a mortgage and charge of your interest in your Property to us. This means the Mortgage is a charge on your Property and you have mortgaged your entire interest in your Property to us. All amounts relating to the Mortgage that you owe to us are secured by the Mortgage. It also means that you release your claims to your Property until you have repaid the Outstanding Amount and kept all your Promises. You can stay in possession of your Property, as long as you keep your Promises. Our interest in your Property ends when you have repaid the Outstanding Amount and you have kept all of your other Promises, and at that time, you can have a discharge of the Mortgage. Section 23 tells you what you must do to get a discharge. In return for our agreeing to lend the Principal Amount to you, you make certain Promises, which you must keep. Not keeping your Promises includes breaking or not keeping your Promises in any way. You promise to sign any additional documents that we ask for and do everything else we ask you to do to protect our interest in your Property. You have granted us the following Mortgage: (delete inapplicable provisions) Your Mortgage is an Open Mortgage. Your Mortgage is a Closed Mortgage. Your Mortgage is an Interest Only Mortgage. Your Mortgage has blended payments of principal and interest. Your Mortgage is insured by the CMHC and is made under the National Housing Act. Your Mortgage is a Convertible Mortgage.
THE CHARGE. You Have Sinned Against God.
THE CHARGE. The background to the appointment of the receivers is that under the terms of the Settlement Agreement, Lexington granted a first fixed charge over Patent 807 to Anthology through the execution of a Patent Security Agreement dated 22nd December, 2015 (the “PSA”).
THE CHARGE. (a) No charge for work carried out by the licensee for the management work the group undertakes, providing this work is mutually beneficial and contributes to the sustainable management of the land at Insh.
(b) For organised community events the licensee must consult with the Licensor if: The license holders undertaking activities would need new or temporary facilities and services. The license holders undertaking activities are likely to unreasonably hinder land management operations; The license holders undertaking activities are likely to unreasonably interfere with the other people’s enjoyment; The license holders undertaking activities are likely to unreasonably affect the environment. In such circumstances there may be additional costs to the license holder but these would be discussed and agreed with the Licensor on a case by case basis.
THE CHARGE. The Mortgagor as beneficial owner hereby charges with the payment of all monies and liabilities hereby agreed to be paid or intended to be hereby secured (including any expenses and charges arising out of or in connection with the acts or matters referred to in clause 13 hereof) so that the charge hereby created shall be a continuing security over the Mortgaged Property referred to in the Schedule hereto and all and singular the premises comprised therein, and any proceeds of sale of the said freehold property and the benefit of any covenants for title given or entered into by any predecessor in title of the Mortgagor and any money paid or payable in respect of such covenants. The said charge hereby created shall constitute a fixed first charge by way of legal mortgage and neither the Mortgagor shall, without the consent in writing of the Mortgagees, create any further encumbrance over the Charged Property other than this Deed of Mortgage.
THE CHARGE. 2.1 As collateral security for the full and punctual payment of all of the Secured Sums (whether at stated maturity, acceleration or otherwise), and without derogating from any other security, the Company hereby absolutely and unconditionally charges in favor of the Lender and its successors by way of a first ranking floating charge (subject to Section 1.6 of the Loan Agreement) all of the Company’s property, assets and rights, now or at any time belonging to or acquired by the Company and the profits and benefits derived therefrom, including without derogating from the generality of the aforementioned, the property, assets and rights set forth below, (hereinafter together, the “Charged Assets”):
(a) All the Company’s assets, monies, property and rights thereto of any kind whatsoever without exception, whether now or hereafter at any time in the future owned by or in the possession of the Company in any manner or way whatsoever (including, for the avoidance of any doubt, and without limitation, all accounts, license and royalty fees and other revenues, proceeds, or income arising out of or relating to any Intellectual Property);
(b) All the stocks, shares, debentures, bonds, notes, instruments, bills drawn or made by others, securities and other documents or instruments of any kind owned by the Company and/or which the Company has any right in connection thereto or is entitled to give instructions to sell now and at any time in the future held by the Lender and/or by others and/or any rights in respect thereof;
(c) All rights in land and/or all contractual rights under agreements between the Company and any third party now and hereafter existing at any time whatsoever;
(d) All present and future rights to compensation, indemnity, insurance proceeds, warranty or guaranty accruing to the Company by reason of the loss of, damage to or expropriation of, or any other event or circumstance with respect to, such Charged Assets and all proceeds and benefits deriving from such Charged Assets as listed herein (including, without limitation, those received upon any collection, exchange, sale or other disposition of such Charged Assets and any property into which such Charged Assets are converted, whether cash or non-cash);
(e) All present and future rights, claims and remedies of the Company under and in respect of (i) all contracts and policies of insurance executed and/or issued in relation to the Charged Assets, from time to time; (ii) all payments to the Company ...
THE CHARGE. As collateral security for the full and punctual payment of all of the Secured Sums (whether at stated maturity, acceleration or otherwise), the Borrower hereby absolutely and unconditionally charges in favor of the Lenders and their successors by way of a first ranking floating charge, all of the Borrower’s property, assets and rights, now or at any time belonging to or acquired by the Borrower and the profits and benefits derived therefrom, including without derogating from the generality of the aforementioned, the property, assets and rights set forth below (hereinafter together, the “Assets Subject to a Floating Charge”):
