Continuous Security Sample Clauses
Continuous Security. The hypothecs created hereby are continuous security and shall subsist notwithstanding any fluctuation of the amounts hereby secured. Any future obligation hereby secured shall be deemed to be one in respect of which the Borrower has once again obligated itself hereunder according to the provisions of article 2797 of the
Continuous Security. The hypothecs created hereby are continuous security and shall subsist notwithstanding any fluctuation of the amounts hereby secured. Any future obligation hereby secured shall be deemed to be one in respect of which the Borrower has once again obligated itself hereunder according to the provisions of article 2797 of the Civil Code of Québec. Any future obligation under a subsequent contract of credit entered into between the Borrower and the Lender will be secured by the hypothecs granted by the Borrower under this Contract, subject to the Borrower’s consent. HYPOTHEC ON RENTS
Continuous Security. The Chargor will, at all times, keep charged and assigned to the Chargee pursuant hereto all Charged Shares and all other shares constituting Collateral, all Dividends and Distributions with respect thereto (save as set out in Section 3.3 or as otherwise permitted by the Credit Agreement) and all other Collateral and other securities, instruments, proceeds and rights from time to time received by or distributable to the Chargor in respect of any Collateral.