Examples of Assigned Property in a sentence
Any such release, settlement or discharge shall be deemed to be made subject to the condition that it will be void, if any payment or security which the Mortgagee may previously have received or may thereafter receive from any person in respect of the moneys hereinbefore covenanted to be paid or hereby secured or with which the Assigned Property stands charged, is set aside under any applicable law or proves to have been for any reason invalid.
The Mortgagor may, at its own cost, call for a reassignment of the rights, title and interest referred to in Clause 2 hereof and/or a discharge when the whole of the moneys and liabilities hereinbefore covenanted to be paid or hereby secured or with which the Assigned Property stands charged have been discharged or repaid in full.