Immovable Hypothec definition

Immovable Hypothec means a secured interest in an Immovable Property under the laws of the Province of Québec.
Immovable Hypothec. : means a secured interest in an Immovable Property under the applicable laws in the province where the Immovable Property is situated;
Immovable Hypothec. : means a secured interest in an Immovable Property under the laws of the Province of Québec or any other applicable law in other provinces;

More Definitions of Immovable Hypothec

Immovable Hypothec the Immovable Hypothec executed by the Canadian Borrower, dated as of March 20, 2003, as amended, supplemented or otherwise modified from time to time.

Related to Immovable Hypothec

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • Real Property Security Documents means the Landlord Consent and any mortgage or deed of trust or any other real property security document executed or required hereunder to be executed by any Obligor and granting a security interest in real Property owned or leased (as tenant) by any Obligor in favor of the Secured Parties.

  • Intellectual Property Security Agreements has the meaning specified in the Security Agreement.

  • Intellectual Property Security Agreement means the Intellectual Property Security Agreement dated as of the Closing Date among the Loan Parties and the Collateral Agent for its own benefit and for the benefit of the other Credit Parties, granting a Lien in the Intellectual Property of the Loan Parties, as amended, restated, supplemented or otherwise modified and in effect from time to time.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).