Examples of Legal Charge in a sentence
The Bond is secured by an unencumbered First Legal Charge over the Wind Turbines and all associated Leases and Contracts of Ash Renewables No 5 Ltd & Ash Renewables No 6 Ltd.
Evidence of the extent and level of insurance cover in force (including the extent and level of insurance cover in respect of acts of terrorism), that the insurance accords with the terms of this letter and the Legal Charge and that the Lender is either joint insured or noted on each relevant policy as mortgagee and loss payee.
Upon such disposal and part payment of the Debt, the Secretary of State will discharge the Legal Charge in respect of the part of the Land that has been disposed of.
The Loan is secured by a First Legal Charge against Savannah, Block 27C, Parcel 282 registered on 11 August 2009 (as varied) and a Collateral Charge against Savannah, Block 27C, Parcel 281 registered on 11 August 2009 (as varied) (“the Properties”).
On termination of this Agreement, the Secretary of State may give notice that he intends to exercise his rights under clauses 5.11, 7.30 or 7.31 or under the Legal Charge.