Common use of ADDITIONAL HYPOTHEC Clause in Contracts

ADDITIONAL HYPOTHEC. If the Landlord should so require, the Tenant hereby obliges itself to consent to any additional hypothec which the Landlord may judge necessary or useful in order to maintain the value of the guarantees accorded by these presents.

Appears in 1 contract

Sources: Deed of Lease (SLM International Inc /De)

ADDITIONAL HYPOTHEC. If the Landlord should so require, the Tenant hereby obliges itself to consent to any additional hypothec which the Landlord may judge necessary or useful in order to maintain the value of the guarantees accorded by these presents. [ILLEGIBLE] The Tenant shall administer and operate its enterprise in a proper and efficient manner and shall respect all the standards of financing agreed to with the Landlord.

Appears in 1 contract

Sources: Deed of Lease (SLM International Inc /De)

ADDITIONAL HYPOTHEC. If the Landlord should so require, the Tenant hereby obliges itself to consent to any additional hypothec which the Landlord may judge necessary or useful in order to maintain the value of the guarantees accorded by these presents. The Tenant shall administer and operate its enterprise in a proper and efficient manner and shall respect all the standards of financing agreed to with the Landlord.

Appears in 1 contract

Sources: Deed of Lease (SLM International Inc /De)