To charge Clause Samples
The "To charge" clause grants a party the right to impose a financial obligation or fee on another party under specified circumstances. In practice, this clause outlines when and how charges may be applied, such as for late payments, additional services, or damages incurred. Its core function is to clearly establish the conditions under which costs can be recovered, ensuring both parties understand their potential financial responsibilities and reducing disputes over unexpected charges.
To charge. To charge mortgage pledge or deposit the whole or any part of the Share or any interest therein as security for any loan obligation guarantee or other liability of the person absolutely entitled thereto to any third party upon such terms as the Trustees think fit
To charge. To charge mortgage pledge or deposit the whole or any part of the Trust Fund or any interest therein as security for any loan obligation guarantee or other liability of any Beneficiary to any third party upon such terms as the Trustees think fit First Schedule (continued)