Immovable Hypothec definition

Immovable Hypothec means a secured interest in an Immovable Property under the laws of the Province of Québec.
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Immovable Hypothec. : means a secured interest in an Immovable Property under the applicable laws in the province where the Immovable Property is situated;
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Immovable Hypothec. : means a secured interest in an Immovable Property under the laws of the Province of Québec or any other applicable law in other provinces;
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Examples of Immovable Hypothec in a sentence

  • Where there is a definition in Part 1 or Partie 2 of this Deed of Immovable Hypothec, such definition applies to the part of this Deed of Immovable Hypothec where it has been defined.

  • The parties to this Deed of Immovable Hypothec have put their signature at the end of Partie 2.

  • I confirm that the property described in the certificate of location corresponds to the property mentioned in the Instructions to Notary – Immovable Hypothec.

  • The Transferor is the lender and hypothecary creditor under the Deed(s) of Immovable Hypothec (as hereinafter defined) and other related or ancillary agreements and instruments (collectively, the “Loan Documents”).

  • As at December 31, 2010, approximately $34.3 million of the REIT’s Immovable Hypothec or mortgage matures by the end of 2011.


More Definitions of Immovable Hypothec

Immovable Hypothec the Immovable Hypothec executed by the Canadian Borrower, dated as of March 20, 2003, as amended, supplemented or otherwise modified from time to time.
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Related to Immovable Hypothec

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • Real Property Security Documents means the Landlord Consent and any mortgage or deed of trust or any other real property security document executed or required hereunder to be executed by any Obligor and granting a security interest in real Property owned or leased (as tenant) by any Obligor in favor of the Lenders.

  • movable property means property of every description except immovable property;

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.