Hypothecate definition

Hypothecate means to pledge a security instrument without transfer of title.
View Source
Hypothecate means to pledge a security instrument without transfer of title. "Insurance Code" means 215 ILCS 5.
View Source
Hypothecate means “[t]o pledge property as security or collateral for a debt.” BLACK’S LAW DICTIONARY 743 (6TH ED. 1990).
View Source

Examples of Hypothecate in a sentence

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

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

  • The Procurer may create any other security interest subordinate and secondary to (i) the charge created in favour of the Seller over Incremental Receivables or (ii) any part thereof, in favour of any person other than the Seller for any reason whatsoever strictly in accordance with the provisions of this Agreement or the Agreement to Hypothecate Cum Deed of Hypothecation.

  • Provided that Buying Entity shall ensure that Buyer shall have first ranking charge on the Incremental Receivables in accordance with the terms of the Agreement to Hypothecate Cum Deed of Hypothecation.

  • Buying Entity and Buyer shall contemporaneously with the execution of the Default Escrow Agreement enter into the Agreement to Hypothecate Cum Deed of Hypothecation, whereby Buying Entity shall agree to hypothecate, Incremental Receivables to the extent as required for the Letter of Credit as per Article 6.4.2,.

  • The SPD and NVVN shall contemporaneously with the execution of the Default Escrow Agreement enter into the Agreement to Hypothecate Cum Deed of Hypothecation, whereby the NVVN shall agree to hypothecate, Incremental Receivables to the extent as required for the Letter of Credit as per Article 10.4.2. The Default Escrow Agreement and the Agreement to Hypothecate Cum Deed of Hypothecation are collectively referred to as the “Collateral Arrangement”.

  • Provided that the Discom shall ensure that Buyer shall have first ranking charge on the Incremental Receivables in accordance with the terms of the Agreement to Hypothecate Cum Deed of Hypothecation.

  • XV.1 Limitation of Tenant's Rights to Assign, Sublet or Hypothecate.

  • The Procurer’s Financing Parties shall not have any charge over the Incremental Receivables or any part of the Security, and that such charge, if created in future, in favour of the Procurer’s Financing Parties or any other entity would be secondary and subordinate to the first charge created in favour of the Sellers pursuant to the Agreement to Hypothecate Cum Deed of Hypothecation entered into with the Seller.

  • In case the Seller fails to respond or agrees to discontinue, the Collateral Arrangement shall forthwith cease and the Default Escrow Agreement(s) and the Agreement(s) to Hypothecate Cum Deed of Hypothecation shall stand terminated as per terms thereof.


More Definitions of Hypothecate

Hypothecate means “to pledge (property) as security or collateral for a debt, without delivery of title or possession.” BLACK’S LAW DICTIONARY 747 (7th ed. 1999). With respect to
View Source
Hypothecate means “{t}o pledge property as security or collateral for a debt, without delivery of title or possession.” See Black’s Law Dictionary, 11th Edition.
View Source
Hypothecate which are contained in the “NOW THEREFORE” paragraph of the first page hereof and in Sections 2.02(q), 2.03, 2.05(b), 2.05(f), 8.01(d), 15.02 and 18.14 hereof shall be deleted.
View Source
Hypothecate means “[t]o pledge property as security or collateral for a debt. Generally there is a no physical transfer of the pledged property to the lender, nor is the lender given title to the property; though he has the right to sell the pledged property upon default.” Black’s Law Dictionary (6th ed), p 742. To hypothecate property means to mortgage it.
View Source
Hypothecate means to pledge a security instrument without transfer of titleTitle.
View Source

Related to Hypothecate

  • Encumber “Encumbering,” or “Encumbrance” means the creation of a security interest, lien, pledge, mortgage or other encumbrance, whether such encumbrance be voluntary, involuntary or by operation of Applicable Law.

  • Assign means to directly or indirectly sell, transfer, assign, distribute, exchange, pledge, hypothecate, mortgage, grant a security interest in, encumber or otherwise dispose of Registrable Securities, whether voluntarily or by operation of law, including by way of a merger. “Assignor,” “Assignee,” “Assigning” and “Assignment” have meanings corresponding to the foregoing.

  • Convey means to sell, transfer, assign, contribute or otherwise convey assets hereunder.

  • Dispose means the sale, transfer, license, lease or other disposition (including any sale and leaseback transaction) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith.

  • Pledge shall have the meaning assigned to such term in Section 14(c).