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X X X X X X X X X X Sample Clauses

X X X X X X X X X X that for and in consideration of the mutual promises hereinafter set forth the Fund and Custodian agree as follows:
X X X X X X X X X X. Xale. THAT, FOR THE CONSIDERATION stated hereinbelow in Article 5. and OTHER VALUABLE CONSIDERATION, the sufficiency of which is hereby acknowledged, Assignor does hereby GRANT, SELL, TRANSFER, ASSIGN, and CONVEY unto Assignee the undivided right, title and interest reflected in Exhibit 1 Part (a) hereof, in and to the following described interests and properties (the undivided interest being assigned hereunder in such interests and properties shall hereinafter be referred to collectively as the "Assets" and the specific quantitative interest being assigned hereunder represents an undivided twenty percent (20%) of the interest of Assignor in the Assets):
X X X X X X X X X XTo secure the payment of an indebtedness in the original principal sum of Thirteen Million and no/100 Dollars ($13,000,000.00) (the "Loan"), lawful money of the United States of America, to be paid with interest according to a certain promissory note of even date herewith made by Mortgagor to Mortgagee (the promissory note together with all consolidations, extensions, renewals or modifications thereof being hereinafter collectively called the "Note") and all other sums due hereunder, under the other Loan Documents (hereinafter defined) and under the Note (said indebtedness and interest due under the Note and all other sums due hereunder, under the Note and under the other Loan Documents being hereinafter collectively referred to as the "Debt"), Mortgagor has mortgaged, given, granted, bargained, sold, alienated, enfeoffed, conveyed, confirmed, warranted, pledged, assigned, and hypothecated and by these presents does hereby mortgage, give, grant, bargain, sell, alien, enfeoff, convey, confirm, warrant, pledge, assign and hypothecate unto Mortgagee the real property described in Exhibit A attached hereto (the "Premises") and the buildings, structures, fixtures, additions, enlargements, extensions, modifications, repairs, replacements and improvements now or hereafter located thereon (the "Improvements"); TOGETHER WITH all right, title, interest and estate of Mortgagor now owned, or hereafter acquired, in and to the following property, rights, interests and estates (the Premises, the Improvements, and the property, rights, interests and estates hereinafter described are collectively referred to herein as the "Mortgaged Property"):
X X X X X X X X X XThis Agreement is made with reference to the following facts and objectives:
X X X X X X X X X X. For and in consideration of the covenants and undertakings set forth below and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:
X X X X X X X X X X. Xxxx the Lessor, for and in consideration of the covenants and agreements hereinafter set forth and the rent hereinafter specifically reserved, does hereby Lease unto the Lessee the "Premises" identified herein in accordance with the following terms and conditions:
X X X X X X X X X XXxx xxxxxxx xereto, for themselves, their heirs, distributees, executors, administrators, legal representatives, successors and assigns, hereby covenant as follows:
X X X X X X X X X X. FOR CONSIDERATION PAID and to secure payment of that certain loan in the form of a line of credit facility (the "Loan") from the Lender to the Borrower evidenced by that certain promissory note of even date herewith between Borrower, as Maker, and Lender, as Payee (the "Note") in the original principal amount of ONE MILLION NINE HUNDRED THOUSAND AND NO/100 DOLLARS ($1,900,000.00) and SUBJECT TO THE REVOLVING CREDIT AGREEMENT TERMS ON EXHIBIT A ATTACHED HERETO AND MADE A PART HEREOF and to secure the full performance by the Borrower of the terms and conditions herein and in the Note together with any and all other obligations and liabilities of the Borrower to the Lender including, but not limited to, any future advances which may be made by the Lender to the Borrower, with interest thereon and with the provisions for payment of principal and interest as provided in the Note, and to secure payment of any other value extended to Borrower from time to time by the Lender including, but not limited to, reasonable expenses incurred by the Lender in the protection, enforcement, collection, realization or disposition of the Collateral, as hereinafter defined, the Borrower hereby grants to the Lender a first priority security interest in and to all of the Collateral (defined below), except Equipment (defined below), and a second priority security interest in and to the Equipment; PROVIDED THAT if the Borrower shall well and truly pay the Indebtedness, as hereinafter defined, in accordance with the terms of the Note or any renewal, modification or extension thereof, and shall also pay, when due, all other indebtedness of the Borrower to the Lender existing at any time prior to the full payment, satisfaction and discharge hereof, and shall well and truly perform and observe all covenants, agreements, obligations and conditions on the Borrower's part to be performed or observed herein and in the Note, then this Agreement shall cease, determine and be void; otherwise this Agreement shall remain in full force and effect for all purposes.
X X X X X X X X X X. Lessor hereby Leases to Lessee and Lessee Leases from the Lessor, 265 square feet of cold storage space included in that certain real property situate, located and being at 7630 Winston Road, Burnaby, B.C. V5A 2H4 (the "Premises"), for x xxxx xx xxx (0) xxxx, xxxxxxxxxx xx xxx 1st day of July, 2004, and ending at midnight on 30th day of June, 2005, for a total rental of FIVE HUNDRED CDN DOLLARS (CDN$500.00) per month, payable on the 1st day of each month, commencing on the 1st day of July, 2004.
X X X X X X X X X X. Xx xonsideration of the mutual covenants contained herein and other good and valuable consideration, the parties agree as follows: