Common use of Security and Charge Clause in Contracts

Security and Charge. 11.1 In consideration of the Seller agreeing to supply the Goods, the Buyer charges all of its rights, title and interest (whether joint or several) in any land, realty or other assets capable of being charged, owned by the Buyer either now or in the future, to secure the performance by the Buyer of its obligations under these terms and conditions (including, but not limited to, the payment of any money). 11.2 The Buyer indemnifies the Seller from and against all the Seller’s costs and disbursements including legal costs on a solicitor and own client basis incurred in exercising the Seller’s rights under this clause. 11.3 The Buyer irrevocably appoints the Seller and each director of the Seller as the Buyer’s true and lawful attorney/s to perform all necessary acts to give effect to the provisions of this clause 11 including, but not limited to, signing any document on the Buyer’s behalf.

Security and Charge. 11.1 12.1 In consideration of the Seller agreeing to supply the Goods, the Buyer charges all of its rights, title and interest (whether joint or several) in any land, realty or other assets capable of being charged, owned by the Buyer either now or in the future, to secure the performance by the Buyer of its obligations under these terms and conditions (including, but not limited to, the payment of any money). 11.2 12.2 The Buyer indemnifies the Seller from and against all the Seller’s costs and disbursements including legal costs on a solicitor and own client basis incurred in exercising the Seller’s rights under this clause. 11.3 12.3 The Buyer irrevocably appoints the Seller and each director of the Seller as the Buyer’s true and lawful attorney/s to perform all necessary acts to give effect to the provisions of this clause 11 12 including, but not limited to, signing any document on the Buyer’s behalf.

Security and Charge. 11.1 22.1 In consideration of the Seller agreeing to supply the provide Goods, Services and/or Equipment, the Buyer Customer charges all of its rights, title and interest (whether joint or several) in any land, realty or other assets capable of being charged, owned by the Buyer Customer either now or in the future, to secure the performance by the Buyer Customer of its obligations under these terms and conditions (including, but not limited to, the payment of any money). 11.2 22.2 The Buyer Customer indemnifies the Seller from and against all the Seller’s costs and disbursements including legal costs on a solicitor and own client basis incurred in exercising the Seller’s rights under this clause. 11.3 22.3 The Buyer Customer irrevocably appoints the Seller and each director of the Seller as the BuyerCustomer’s true and lawful attorney/s to perform all necessary acts to give effect to the provisions of this clause 11 22 including, but not limited to, signing any document on the BuyerCustomer’s behalf.

Security and Charge. 11.1 In consideration of the Seller Supplier agreeing to supply the Goods, the Buyer charges all of its rights, title and interest (whether joint or several) in any land, realty or other assets capable of being charged, owned by the Buyer either now or in the future, to secure the performance by the Buyer of its obligations under these terms and conditions (including, but not limited to, the payment of any money). 11.2 The Buyer indemnifies the Seller Supplier from and against all the SellerSupplier’s costs and disbursements including legal costs on a solicitor and own client basis incurred in exercising the SellerSupplier’s rights under this clause. 11.3 The Buyer irrevocably appoints the Seller Supplier and each director of the Seller Supplier as the Buyer’s true and lawful attorney/s to perform all necessary acts to give effect to the provisions of this clause 11 including, but not limited to, signing any document on the Buyer’s behalf.

Security and Charge. 11.1 10.1 In consideration of the Seller agreeing to supply the Goods, the Buyer charges all of its rights, title and interest (whether joint or several) in any land, realty or other assets capable of being charged, owned by the Buyer either now or in the future, to secure the performance by the Buyer of its obligations under these terms and conditions (including, but not limited to, the payment of any money). 11.2 10.2 The Buyer indemnifies the Seller from and against all the Seller’s costs and disbursements including legal costs on a solicitor and own client basis incurred in exercising the Seller’s rights under this clause. 11.3 10.3 The Buyer irrevocably appoints the Seller and each director of the Seller as the Buyer’s true and lawful attorney/s to perform all necessary acts to give effect to the provisions of this clause 11 10 including, but not limited to, signing any document on the Buyer’s behalf.

Security and Charge. 11.1 In consideration of the Seller Vendor agreeing to supply the Goods, the Buyer Purchaser charges all of its rights, title and interest (whether joint or several) in any land, realty or other assets capable of being charged, owned by the Buyer Purchaser either now or in the future, to secure the performance by the Buyer Purchaser of its obligations under these terms and conditions (including, but not limited to, the payment of any money). 11.2 The Buyer Purchaser indemnifies the Seller Vendor from and against all the SellerVendor’s costs and disbursements including legal costs on a solicitor and own client basis incurred in exercising the SellerVendor’s rights under this clause. 11.3 The Buyer Purchaser irrevocably appoints the Seller Vendor and each director of the Seller Vendor as the BuyerPurchaser’s true and lawful attorney/s to perform all necessary acts to give effect to the provisions of this clause 11 including, but not limited to, signing any document on the BuyerPurchaser’s behalf.