Deed of Hypothecation definition

Deed of Hypothecation means the deed of hypothecation executed or to be executed by the Issuer in favour of the Debenture Trustee for the benefit of the Debenture Holders as per the terms of Section 4.

Deed of Hypothecation shall have the meaning as set forth in Clause 13.1.2; “Default Escrow Account” shall have the meaning as set forth in Clause 13.1.1; “Default Escrow Agreement” shall have the meaning as set forth in Clause 13.1.1;

Deed of Hypothecation means the Deed of Hypothecation executed between the Borrower and Lender/Security Trustee.

Examples of Deed of Hypothecation in a sentence

• The Default Escrow Agreement and the Agreement to Hypothecate Cum Deed of Hypothecation are collectively referred to as the “Collateral Arrangement”.

• In the case of a delay in the execution of Debenture Trust Deed and the Deed of Hypothecation, the Issuer shall refund the subscription with the agreed rate of interest or shall pay penal interest of 2% (Two Percent) per annum over and above the applicable Coupon Rate until such time the conditions have been complied with at the option of the Investor.

• Deed of Hypothecation for borrowings up to May 31, 2010 The Company for the purpose of securing its existing borrowings from various lenders under their respective loan agreements has created security by way of a floating charge on a pari passu basis over receivables of the Company for all its outstanding borrowings as on May 31, 2010.

• Deed of Hypothecation for bonds issued up to May 31, 2010 The Company for the purpose of securing its existing bonds and for the benefit of its bond holders, has created security by way of a floating charge on a pari passu basis over receivables of the Company for all its outstanding bonds as on May 31, 2010.

• Deed of Hypothecation: shall mean a legally binding document to be signed by the beneficiary of Paid Study Leave and the official representing the Government of Malta and entered in the acts of the Office of the Chief Notary to Government.

More Definitions of Deed of Hypothecation

Deed of Hypothecation means the deed of hypothecation executed or to be executed by the Borrower in favour of the Security Trustee (in trust and for the benefit of the Finance Parties), creating a subservient charge over the Movable Assets of the Borrower;

Deed of Hypothecation means the deed executed by the Borrowers in the format annexed hereto as Annexure- [ ]

Deed of Hypothecation means the deed executed/ to be executed by the Company in favour of Debenture Trustee for creating charge over the Secured Assets.

Deed of Hypothecation means the unattested memorandum of hypothecation to be entered into by the Issuer for hypothecation of all its present and future movable and current assets (including bank accounts) in favour of the Security Trustee, in form and substance satisfactory to the Security Trustee.

Deed of Hypothecation means the deed of hypothecation to be executed in accordance with Clause 3.1 (Hypothecation) of Part A of this Deed for creating a first-ranking sole and exclusive charge over the Receivables, to secure the Debentures;

Deed of Hypothecation means the Deed of Hypothecation executed between the Borrower and Lender/Security Trustee. “Default” or “Event of Default” means an event of default or any event or circumstance specified in Clause 7 (Events of Default) which would (with the expiry of a cure period, if any, be or become an Event of Default.

Deed of Hypothecation means the unattested deed of hypothecation dated on or about the date of this Deed entered into between the Company and the Debenture Trustee for creation of a charge by way of hypothecation on the Receivables and the Escrow Account Assets to secure the Obligations;