PROSPECTIVE LIABILITY Sample Clauses

PROSPECTIVE LIABILITY. The parties acknowledge that for the purpose of fixing priorities between the Charge and any subsequent charge registered or registrable under the Corporations Act and for no other purposes, the Charge secures the Chargor’s prospective liability (being the liability to pay its Secured Money, its liability to perform the Secured Obligations and its liability to indemnify the Enforcing Party as provided in this document) up to a maximum of $150 billion. The Charge may also secure prospective liabilities in excess of this specified maximum amount.
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PROSPECTIVE LIABILITY. (a) Subject to clause 2.3 (Increase in prospective liability), for the purpose of the Corporations Xxx 0000 the maximum prospective liability (as defined in the Corporations Act 2001) secured by this Deed is A$10,000,000 or its equivalent but this paragraph does not limit the amount of liability at any time secured by or recoverable under this Deed.
PROSPECTIVE LIABILITY. (a) The parties acknowledge that the maximum amount of the prospective liability secured by this Deed for the purposes of establishing priority under section 282(3) of the Corporations Act, is $5,000,000,000.
PROSPECTIVE LIABILITY. For the purpose of the Corporations Law the maximum prospective liability (as defined in the Corporations Law) secured by this deed at any time is A$2,000,000,000,000 and the total amount recoverable under this deed is limited to A$2,000,000,000,000 or its equivalent in another currency.
PROSPECTIVE LIABILITY. No Paying Agent shall be under any obligation to take any action under this Agreement which it expects will result in any expense or liability accruing to it, the payment of which within a reasonable time is not, in its opinion, assured to it.
PROSPECTIVE LIABILITY. (a) For the purposes only of fixing priorities under section 282(3) of the Corporations Act, the maximum amount of the prospective liability secured by this Deed is $1,000,000,000.
PROSPECTIVE LIABILITY. (a) Subject to clause 2.3 (INCREASE IN PROSPECTIVE LIABILITY), for the purpose of the Corporations Act 2001 the maximum prospective liability (as defined in the Corporations Act 2001) secured by this Deed is AS 100,000,000 or its equivalent but this clause does not limit the amount of actual liability at any time secured by or recoverable under this Deed.
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PROSPECTIVE LIABILITY. For the purpose only of fixing priorities under section 282 of the Corporations Act, the prospective liabilities (within the meaning of section 261 of the Corporations Act) secured by this mortgage include the obligations of the Mortgagor to pay or repay the Secured Money including all principal and amounts in the nature of principal, interest and amounts in the nature of interest, fees, costs, amounts due under indemnities and all other amounts coming within the definition of Secured Money up to $100,000,000,000 (or, if the principal amount secured is greater than this amount, a figure which is at least double the principal amount).
PROSPECTIVE LIABILITY. For the purpose of the Corporations Law the maximum prospective liability (as defined in the Corporations Law) secured by this deed at any time is [A$3,000,000,000,000] and the total amount recoverable under this deed is limited to [A$3,000,000,000,000] or its equivalent in another currency.
PROSPECTIVE LIABILITY. For the purpose only of section 282(3) of the Corporations Law the specified maximum amount of the prospective liability secured by the Charge is $200,000,000. The nature of the prospective liability is as shown on the notice lodged with the Charge with the Australian Securities Commission. Nothing in this clause 3.6 will limit, or put the Security Trustee under any obligation to do any act or thing so as to increase, the amount of the money secured by the Charge.
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