Deeds of Hypothec definition

Deeds of Hypothec means all of the deeds of hypothec creating a hypothec in favor of the Administrative Agent, as hypothecary representative for the benefit of the Lenders, pursuant to the laws of the Province of Quebec on the assets of any Loan Party existing under the laws of the Province of Quebec, having its domicile (within the meaning of the Civil Code of Quebec) in the Province of Quebec or having a place of business or tangible property situated in the Province of Quebec, as the same may be amended, supplemented, restated or otherwise modified from time to time.
Deeds of Hypothec means, collectively, (i) the deeds of hypothec executed on or prior to the Facilities Initial Establishment Date by any of the Secured Companies named therein, and (ii) each deed of hypothec executed after the Facilities Initial Establishment Date by any existing or new Secured Company having its domicile (within the meaning of the Civil Code of Québec) or Administrative situated in the Province of Quebec, in each case in favor of the Agent acting in the capacity of hypothecary representative (within the meaning of Article 2692 of the Civil Code of Québec) and in form and substance (x) substantially consistent with the deed of hypothec referred to in the preceding clause (i), or (y) otherwise reasonably satisfactory to the Agent, as each of such deeds of hypothec may be amended, supplemented, replaced or otherwise modified from time to time.
Deeds of Hypothec means the various deeds of hypothec securing the Obligations, executed by one or more Credit Parties in favor of Agent, on behalf of Agent and the Lenders.

Examples of Deeds of Hypothec in a sentence

  • Without limiting the powers of the Agent (and as part of its duties) hereunder or under the other Loan Documents and to the extent applicable, the Borrower (on its own behalf and on behalf of each Secured Subsidiary) and the Lenders hereby acknowledge that the Agent will, for the purposes of holding any security granted under the Deeds of Hypothec be the hypothecary representative (within the meaning of Article 2692 of the Civil Code of Québec) for all present and future Lenders.

  • The Administrative Agent hereby acknowledges and accepts the Deeds of Hypothec and agrees to be bound by the provisions thereof.

  • Those certain Deeds of Hypothec (a) entered into by the Canadian Borrower, GRO and Mirabel in favor of the Administrative Agent, each dated August 11, 1999, (b) entered into by Rail-One in favor of the Administrative Agent dated August 17, 1999 and (c) entered into by St. Xxxxxxxx & Atlantic Railroad (Quebec) Inc.

  • I feel they are making it harder and harder for us to past these exams which is putting a lot of pressure both on our work and personal lives.

  • Duly executed originals of the Security Agreement, the Canadian Security Agreements, the Deeds of Hypothec, the Debentures and the Pledges of Debentures dated the Closing Date, and all instruments, documents and agreements executed pursuant thereto.


More Definitions of Deeds of Hypothec

Deeds of Hypothec means Deeds of Movable Hypothec (governed by Québec law), each dated April 4, 2011, entered into among each Loan Party (with Collateral located in Québec) and the Collateral Agent for the benefit of the Credit Parties thereunder, as amended, restated, amended and restated, supplemented or otherwise modified and in effect from time to time.
Deeds of Hypothec means, collectively, (i) the Deed of Movable Hypothec (governed by Québec law), dated as of April 4, 2011, and (ii) the Deed of Hypothec and Issue of Bonds (governed by Québec law) dated as of May 28, 2014, in each case entered into among each Loan Party (with Collateral located in Québec) and the Collateral Agent for the benefit of the Credit Parties thereunder.
Deeds of Hypothec means the deeds of hypothec entered into between each of the Guarantors having assets in the Province of Quebec and the Quebec Collateral Agent.
Deeds of Hypothec means the:
Deeds of Hypothec means, collectively, (i) the deeds of hypothec executed on or prior to the Closing Date by any of the Secured Companies named therein, and (ii) each deed of hypothec executed after the Closing Date by any existing or new Secured Company having its domicile (within the meaning of the Civil Code of Québec) or Administrative situated in the Province of Quebec, in each case in favor of the Agent acting in the capacity of hypothecary representative (within the meaning of Article 2692 of the Civil Code of Québec) and in form and substance (x) substantially consistent with the deed of hypothec referred to in the preceding clause (i), or (y) otherwise reasonably satisfactory to the Agent, as each of such deeds of hypothec may be amended, supplemented, replaced or otherwise modified from time to time.
Deeds of Hypothec means Deeds, collectively, (i) the Deed of Movable Hypothec (governed by Québec law), each dated April 4, 2011,dated as of the Closing Date, and (ii) the Deed of Movable Hypothec (governed by Québec law) to be entered into within 30 days after the Second Amendment Effective Date (or such later date as the Administrative Agent may agree in its sole discretion) in accordance with the Second Amendment, in each case entered into among each Loan Party (with Collateral located in Québec) and the Collateral Agent for the benefit of the Credit Parties thereunder, as amended, restated, amended and restated, supplemented or otherwise modified and in effect from time to time.
Deeds of Hypothec means each deed of hypothec entered into between Canadian Agent and a Borrower or any other Obligor signatory thereto.