Examples of Existing Registry in a sentence
The Bank hereby agrees that, subject to the terms and conditions of this Agreement and in particular, but without prejudice to the generality of the foregoing, satisfaction of the conditions contained in clause 5 and schedule 1, they shall procure that, immediately prior to or concurrently with the registration of the New Mortgage, the Bank will execute, and thereafter register at the Existing Registry, a deed of discharge in respect of the Existing Mortgage.
The Creditors hereby agree that, subject to the terms and conditions of this Agreement and in particular, but without prejudice to the generality of the foregoing, satisfaction of the conditions contained in clause 6 and schedule 2, they shall procure that, immediately prior to or concurrently -with the registration of the New Mortgage the Security Agent will execute, and thereafter register with the Existing Registry, a deed of discharge in respect of the Existing Mortgage.
The Creditors hereby agree that, subject to the terms and conditions of this Agreement and in particular, but without prejudice to the generality of the foregoing, satisfaction of the conditions contained in clause 5 and schedule 2, they shall procure that, immediately prior to or concurrently with the registration of the New Mortgage the Security Agent will execute, and thereafter register at the Existing Registry, a deed of discharge in respect of the Existing Mortgage.