Movable Hypothec definition

Movable Hypothec means the Movable Hypothec with delivery of the Non-registered Annuity Contract hypothecated by the Borrower in favour of iA Financial Group under this Loan Agreement. The provisions pertaining to Movable Hypothec apply only if the Borrower is a resident of Quebec;

Movable Hypothec means the Movable Hypothec with delivery of the RESP hypothecated by the Borrower in favour of the Company under this Loan Contract. The provisions pertaining to Movable Hypothec apply only if the Borrower is a resident of Quebec.

Movable Hypothec means the movable hypothec over All Assets located or deemed by law to be located in the Province of Quebec and an application for the registration thereof at the Quebec Register of Personal and Movable Real Rights, substantially in the form of EXHIBIT H attached hereto.

Examples of Movable Hypothec in a sentence

• If the home is to be permanently affixed to the mortgaged property but has not yet been delivered, you must download from our legal documents web site and prepare the Security Agreement (Security Interest in Consumer Goods) Form 944, in Quebec Deed of Movable Hypothec (Form 805).

• Where our mutual client signs a Quebec Deed of Movable Hypothec (Form 805) in English, the registration of such hypothec at the RPMRR will have to be made entirely in French as described above.The registration period must be equal to or greater than the amortization period of the mortgage except in Quebec, the movable hypothec on factory constructed homes must be registered for a period of ten years.

• The Borrower shall, at his/her own expense and as soon as iA Financial Group so requests, prepare and sign all documents and take all measures as may reasonably be required by iA Financial Group to give full effect to the Loan Agreement and to the Collateral Assignment or Movable Hypothec with delivery that is assigned or granted herein.

• Agent shall have the sole and exclusive right and authority to exercise, except as may be otherwise specifically restricted by the terms hereof, all rights and remedies given to Agent pursuant to any such Deed of Movable Hypothec and Applicable Law.

• Universal Movable Hypothec under the Civil Code of Quebec.• Going concernA business that has carried on operations at any time within 60 days prior to being purchased.

More Definitions of Movable Hypothec

Movable Hypothec means, collectively, (a) the Movable Hypothec executed or to be executed by Clean Harbors Mercier, Inc., a Quebec corporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favor of the Canadian Collateral Agent, and (b) the Movable Hypothec executed or to be executed by Clean Harbors Quebec, Inc., a Quebec corporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favor of the Canadian Collateral Agent.

Movable Hypothec shall have the meaning assigned in Section 7.13 hereof.

Movable Hypothec means an agreement in the form of Exhibit A.

Movable Hypothec to secure the payment of the rent and any amount owed or that may be owed to the LESSOR hereunder as well as the fulfillment of the LESSEE's obligations hereunder, the LESSEE hereby grants in favour of the LESSOR a movable hypothec (security interest against personal property) without delivery on all present and future movable property that it owns, located in the leased premises, as well as on the insurance benefits paid with regard to said movable property (the "hypothecated property"), for a sum equal to five (5) times the amount of the rent payable by the LESSEE to the LESSOR for the first year of the lease (the "amount of the hypothec"). To secure any amount owed to the LESSOR that exceeds the above amount of the hypothec, the LESSEE hypothecates the said property for an additional amount equal to twenty percent (20%) of the amount of the hypothec.

Movable Hypothec means, collectively, (a) the movable hypothecs granted by Guess? Canada Corporation, a Canadian corporation, under the Deed of Hypothec executed or to be executed by it in favour of the Lender, and (b) the movable hypothecs granted by Guess? Canada Retail, Inc. under the Deed of Hypothec executed or to be executed by it in favour of the Lender.

Movable Hypothec means, collectively, (a) the Movable Hypothec executed or to be executed by Clean Harbors Mercier, Inc. (currently, Safety-Kleen Services (Mercier), Ltd.), a Quebec corporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favour of the Agent, and (b) the Movable Hypothec executed or to be executed by Clean Harbors Quebec, Inc. (currently, Safety-Kleen Services (Quebec), Ltd.), a Quebec corporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favour of the Agent.

Movable Hypothec means, collectively, (a) the Movable Hypothec executed or to be executed by Clean Harbors Mercier, Inc., a Quebeccorporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favor of the Canadian Collateral Agent, and (b) the Movable Hypothec executed or to be executed by Clean Harbors Quebec, Inc., a Quebec corporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favor of the Canadian Collateral Agent.