Charged Premises definition
Examples of Charged Premises in a sentence
The Corporation shall promptly inform the Holder in writing of any other location at which the Charged Premises may in future be located.
Any bona fide purchaser of all or any part of the Charged Premises from the Holder or any receiver or agent will hold the Charged Premises absolutely, free from any claim or right of whatever kind, including any equity of redemption, of the Obligor, which it specifically waives (to the fullest extent permitted by law) as against any such purchaser and all rights of redemption, stay or appraisal which the Obligor has or may have under any rule of law now existing or hereafter adopted.
After the Security becomes enforceable the Obligor will do all acts and things and execute and deliver all deeds, transfers, assignments and instruments that the Holder may require for facilitating the sale of the Charged Premises in connection with its realization.
The Corporation shall from time to time, whether before or after the Security shall have become enforceable, do all such acts and things and execute and deliver all such deeds, transfers, assignments and instruments as the Holder may reasonably require for (i) protecting the Charged Premises, (ii) perfecting the Security, and (iii) exercising all powers, authorities and discretions conferred upon the Holder.
The Corporation shall, from time to time after the Security has become enforceable, do all such acts and things and execute and deliver all such deeds, transfers, assignments and instruments as the Holder may require for facilitating the sale of the Charged Premises in connection with its realization.