HYPOTHEC. The Borrower further hypothecates in favour of the Lender as part of the security for the Indebtedness, and for the same amount and on the same terms, the Borrower's voting rights, and moreover, on receipt of a request in writing from the Lender to the Borrower shall send to the Lender every future notice of meetings, any agenda, financial statements or other proceedings to be considered thereat, and the Borrower further agrees upon receipt of such request to name the Lender as the Borrower's proxy, to attend and to vote at such meetings, or in the alternative, at the option of the Lender, to act as the proxy of the Lender at such meetings and to vote its interest as the Borrower and the Lender may agree upon, and to the foregoing ends, the Borrower assigns, insofar as may be necessary, the Borrower’s voting rights to the Lender.
HYPOTHEC. As security for the Obligations, as defined in Section 5, the Grantor hereby hypothecates (the hypothec created hereby being hereinafter called the “Hypothec”) the Charged Property (as defined in Section 3) in favour of the Creditor, for a principal amount of $1,587,000,000, plus an additional amount equal to twenty percent (20%) thereof to secure all costs, accessories and incidental expenses, the whole with interest from the date of this Deed at the rate of twenty-five percent (25%) per annum, calculated daily and compounded monthly, with interest on overdue interest calculated at the same rate and in the same manner.
HYPOTHEC. In order to guarantee the full and proper performance of all of the obligations to be performed by the Tenant under the Lease, including, without limitation, the payment of all rent, additional rental and any other sums payable by the Tenant under the Lease, the Tenant hereby grants to the Landlord a hypothec in favour of the Landlord in the amount of eight million five hundred twenty-four thousand seven hundred forty-five dollars and sixty-four cents ($8,524,745.64), on the moveable property of the Tenant, both present and future, and constituting the universality or universalities hereinafter described, including all property of the same nature acquired as replacements for the said properties: Description
HYPOTHEC. 2.1.1To secure the payment and performance of the Indebtedness and of the expenses and charges incurred by the Creditor to obtain payment and performance of the Indebtedness or to conserve the Charged Property, the Grantor hereby hypothecates the Charged Property in favour of the Lender for the principal sum of [INSERT MAXIMUM CREDIT AMOUNT x 2] [ ● ] MILLION DOLLARS ($ [ ● ] ), together with interest thereon from the date hereof at the rate of twenty-five percent (25%) per annum, calculated semi-annually and not in advance.
HYPOTHEC. The hypothec of rents under 2.1 applies to the following: - the present and future rents produced by the immovable; - amounts payable under any emphyteutic contract; - amounts payable under any agreements for use or usufruct of the immovable; and - any amounts payable under the terms of any insurance policy covering these rents or amounts, if such policy exists.
HYPOTHEC. As security for the full and final payment of rent and for the performance by Lessee of all its obligations pursuant to the Lease, Lessee hereby grants to Lessor a movable hypothec for an amount of Five Hundred Thousand Dollars ($500,000), on all of Lessee’s present and future machinery, equipment, inventory, furniture and fixtures located in the Premises. Lessor accepts that such hypothec shall be second ranking behind that held by Lessee’s principal financial institution from time to time. If the Lessee’s principal financing is obtained from a group of financial institutions that rank para passu as between themselves, then the hypothec herein referred to shall rank second behind such financing. Lessee hereby irrevocably authorizes Lessor to do all that is necessary to ensure that this hypothec remains effective and at all times opposable to third parties, including, without limitation, the right to sign and execute any necessary documents or statements that must be registered in the appropriate registers to reflect the granting of the present hypothec
HYPOTHEC. As continuing and general collateral security for the payment of the indebtedness and liability of the BORROWER to the LENDER (inclusive of repayment of capital, payment of interest, costs and accessories) under the Loan Agreement and hereunder and for the due performance of the covenants and agreements of the BORROWER under the Loan Agreement and herein set forth, the BORROWER hereby hypothecates in favour of the LENDER, to the extent of the said sum of ($ ), in lawful money of CANADA with interest thereon as set forth in the Loan Agreement, the present and future movable property comprising the universalities (including without restriction any present and future moveable property in replacement, repaired, transformed, additions to, accessories, present and future thereof as well as the proceeds of alienation resulting therefrom) which are described as follows: all Inventory, machinery, equipment, furniture and fixtures.
HYPOTHEC. To secure the full and timely payment and performance of the Secured Obligations, the Grantor hereby hypothecates and grants a security interest in the Charged Property in favour of the Hypothecary Representative, for the benefit of the Secured Parties, for the principal sum of ONE HUNDRED FIFTY MILLION DOLLARS ($ 150,000,000), together with interest thereon from the date hereof at the rate of twenty-five percent (25%) per annum, calculated semi-annually and not in advance.
HYPOTHEC. As security for the full and final satisfaction of the Obligations and of the expenses, if any, incurred by the Lender to obtain satisfaction of the Obligations or to conserve the Pledged Property, the Pledgor hereby hypothecates with delivery to and in favour of the Lender to the extent of the sum of $4,000,000 in lawful money of Canada, with interest thereon at the rate of 25% per annum, the Pledged Property.
HYPOTHEC. As security for the payment to the CREDITOR of the INDEBTEDNESS and the fulfilment of the obligations of the GRANTOR hereunder, the GRANTOR hereby hypothecates and grants a security interest in, to and in favour of the CREDITOR to the extent of the HYPOTHEC AMOUNT with interest thereon at the INTEREST RATE, both before and after maturity, demand, default and judgment, the following property of the GRANTOR, wherever situate, and all renewals thereof, accretions thereto, replacements thereof, substitutions therefor as well as everything united thereto by accession (herein collectively referred to as the "CHARGED PROPERTY"):
