THE CHARGE Sample Clauses

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. 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. As security for the payment and discharge of the Secured Liabilities, the Chargor with full title guarantee charges to the Collateral Trustee by way of first fixed charge all of its rights in: (a) the Shares; and (b) any rights or other assets which from time to time subsist, accrue or arise in relation to the Shares, including any: (i) dividends; (ii) distributions; (iii) interest and other income; (iv) voting rights; and (v) other benefits, money or property (together (i) to (v) are the "DERIVATIVE RIGHTS").

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. The charge for the rights granted will be £…… [Exempt from VAT] for the term of the agreement, payable in monthly instalments, in advance.

THE CHARGE. Provision of certified copies of each Obligor’s (excluding the Original Guarantor) constitutional documents and the director and shareholder corporate resolutions authorising entry into and performance of the Finance Documents to which they are a party and certification as to solvency.

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 first priority 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.