Examples of mortgage agreement in a sentence
Upon assignment of this Loan and Mortgage Agreement to the NHMFC, the rights of compensation or set-off which may exist as between the BORROWER and the ORIGINATING INSTITUTION shall not be invoked and hereby waived and may not be raised by the BORROWER and/or the ORIGINATING INSTITUTION against the NHMFC, its transferees or successor-in-interest.
As the highest of the applicable percentage ratios of the transaction is more than 0.1% but less than 5%, the connected transaction contemplated under the Land Use Right Mortgage Agreement is subject to the reporting and announcement requirements but are exempt from the independent shareholders’ approval requirement under the Hong Kong Listing Rules.
If this is acceptable to us for the purposes of our Mortgage Agreement, they will be required to sign a Deed of Consent with the help of a legal adviser.
Secured Claims – claims envisaged by Paragraph 3.4 of the Mortgage Agreement.
The Agreement comes into effect upon registration of the mortgage right with the Public Registry and unless otherwise specified in the Annex No. 2 of the Mortgage Agreement (if any) stays valid: Until the end of the term of the Master Agreement (provided that by that date the Debtor shall have met completely and duly the Secured Claims envisaged by the Agreement on the Secured Claims); or Until fulfillment by the Owner of obligations envisaged by the Agreement completely and duly.