Hypothecation Agreement definition
Examples of Hypothecation Agreement in a sentence
This will mean that permit holders from the affected states will no longer be allowed to carry concealed weapons in the state of Virginia as of Feb.
AND WHEREAS the Borrower has executed a Loan cum Hypothecation Agreement dated with and in favour of CFIL: AND whereas an irrevocable Power of Attorney is to be executed in favour of the CFIL to do the following acts for and on behalf of the Borrower(s).
AND POA Please refer to the Loan cum Hypothecation Agreement dated and the Power of Attorney dated ("said Documents"), executed by me/us with regard to the Vehicle Loan sanctioned by the Bank.
The Note shall be secured pursuant to the Hypothecation Agreement (the "Hypothecation Agreement") attached hereto as Exhibit B.
The parties hereto have agreed to amend certain provisions of each of the Credit Agreement and the Hypothecation Agreement as hereinafter set forth.
No consent of, or filing with, any governmental authority is required on the part of any Loan Party in connection with the execution, delivery or performance of any Loan Documents, except for UCC financing statements required to be filed to perfect the security interests granted under the Hypothecation Agreement.
In consideration for payment of the Purchase Price (as hereinafter defined), Frad▇▇▇▇ ▇▇▇eby purchases from Seller, and Seller hereby transfers and conveys to Frad▇▇▇▇, ▇▇e Purchased Shares, free and clear of all liens and encumbrances except (a) pursuant to the Hypothecation Agreement (as such term is defined in Section 3 below), and (b) restrictions on transfer imposed by applicable federal and state securities laws ("Securities Laws").
Assuming the Collateral Agent continues to retain possession of the applicable pledged securities, no filings or recordings are required in order to perfect (or maintain the perfection or priority of) the security interests created in the pledged securities and the proceeds thereof under the Hypothecation Agreement.
AND WHEREAS the Borrower has executed a Loan cum Hypothecation Agreement dated with and in favour of the Bank: AND whereas an irrevocable Power of Attorney is to be executed in favour of the Bank to do the following acts for and on behalf of the Borrower(s).
Create or suffer to exist any mortgage, pledge, lien, security interest or other encumbrance with respect to any Collateral under the Hypothecation Agreement except Permitted Encumbrances.