Deed of Hypothec means this deed and its schedules, if any, as well as any amendment, replacement or renewal of this deed.

Deed of Hypothec shall have the meaning assigned to such term in Section 9.01(b).

Deed of Hypothec means a Quebec law movable and immovable Deed of Hypothec in favor of any Senior Lien Term Loan Agent, for the benefit of any Senior Lien Secured Parties from any Senior Lien Loan Party, any Junior Lien Term Loan Agent, for the benefit of any Junior Lien Secured Parties from any Junior Lien Loan Party, any ABL Lien Agent, for the benefit of any ABL Lien Secured Parties from any ABL Lien Loan Party, together in each case with a corresponding bond, bond pledge and bond pledge agreement.

Examples of Deed of Hypothec in a sentence

The execution prior to the date hereof by Agent of any Deed of Hypothec, Pledge or other security documents made pursuant to the laws of the Province of Québec (Canada) is hereby ratified and confirmed.
The presentation of the Deed of Hypothec will suffice for the insurance company to pay us the amount of the insurance proceeds.
If, following the proposed cadastral amendment, our rights under the Deed of Hypothec are transferred not only to one or more full lots, but also to one or more parts of lots, or only to one or more parts of lots, you must obtain our express prior consent to the contemplated transaction and we may then require that you grant us a hypothec on one or more parts of lots so that our rights apply to one or more full lots.
Similarly, if for any reason our security or our rights under the Deed of Hypothec are impaired, we may take the steps and incur the expenses that we consider necessary or desirable to protect our security and our rights without giving you prior notice.
We authorize you by this Deed of Hypothec to make any cadastral amendments for the sole purpose of renumbering the lot(s) corresponding to your Property, provided that, following such amendment, our rights arising from the Deed of Hypothec are carried over to one or more full lots, excluding parts of lots.

More Definitions of Deed of Hypothec

Deed of Hypothec means a deed of hypothec creating a hypothec in favor of the Administrative Agent, as hypothecary representative for the benefit of the Secured Parties, pursuant to the laws of the Province of Quebec on the assets of any Loan Party existing under the laws of the Province of Quebec, having its domicile (within the meaning of the Civil Code of Quebec) in the Province of Quebec or having a place of business or tangible property situated in the Province of Quebec.

Deed of Hypothec as defined in Section 9.1(c).

Deed of Hypothec has the meaning ascribed thereto in Section 6.1 hereof;

Deed of Hypothec means a deed of hypothec, in form and substance reasonably satisfactory to the Administrative Agent, executed by the Borrower and each Guarantor that is a Canadian Subsidiary granting a Lien as required for Quebec law purposes on any of its property to secure payment of any of the Secured Obligations, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Deed of Hypothec means that certain Deed of Hypothec To Secure Payment of Bonds dated March 31, 2015, by UR Canada in favor of the Agent, for the benefit of the Canadian Secured Parties, as amended by a deed of supplemental hypothec dated February 14, 2019, and a further deed of supplemental hypothec dated as of, on or about the Agreement Date, and as further amended, amended and restated, modified or supplemented from time to time.

Deed of Hypothec means the Deed of Movable Hypothec dated as of the date hereof between the Parent Borrower and the Collateral Agent (in form and substance satisfactory to the Collateral Agent), as the same may be amended, modified or supplemented from time to time.

Deed of Hypothec means a Quebec law movable and immovable Deed of Hypothec in favor of the ABL Agent, for the benefit of the ABL Lenders from any ABL Loan Party, together in each case with a corresponding bond, bond pledge and bond pledge agreement.