Common use of Monetary Claims Clause in Contracts

Monetary Claims. The Grantor shall not grant in favour of any third person, other than Desjardins and the Hypothecary Representative, a movable hypothec with delivery on a Monetary Claim pursuant to Articles 2713.1 and following of the Civil Code of Québec.

Appears in 2 contracts

Sources: Subscription Agreement (LeddarTech Holdings Inc.), Subscription Agreement (Prospector Capital Corp.)

Monetary Claims. The Grantor shall not grant in favour of any third person, other than Desjardins ▇▇▇▇▇▇▇▇▇▇ and the Hypothecary Representative, a movable hypothec with delivery on a Monetary Claim pursuant to Articles 2713.1 and following of the Civil Code of Québec.

Appears in 1 contract

Sources: Subscription Agreement (Prospector Capital Corp.)