Movable Hypothec definition

Movable Hypothec means the Movable Hypothec with delivery of the Non-registered Annuity Contract hypothecated by the Borrower in favour of iA Financial Group under this Loan Agreement. The provisions pertaining to Movable Hypothec apply only if the Borrower is a resident of Quebec;

Movable Hypothec means the movable hypothec over All Assets located or deemed by law to be located in the Province of Quebec and an application for the registration thereof at the Quebec Register of Personal and Movable Real Rights, substantially in the form of EXHIBIT H attached hereto.

Movable Hypothec means the Movable Hypothec with delivery of the RESP hypothecated by the Borrower in favour of the Company under this Loan Contract. The provisions pertaining to Movable Hypothec apply only if the Borrower is a resident of Quebec.

Examples of Movable Hypothec in a sentence

• If the home is to be permanently affixed to the mortgaged property but has not yet been delivered, you must download from our legal documents web site and prepare the Security Agreement (Security Interest in Consumer Goods) Form 944, in Quebec Deed of Movable Hypothec (Form 805).

• The Borrower shall, at his/her own expense and as soon as iA Financial Group so requests, prepare and sign all documents and take all measures as may reasonably be required by iA Financial Group to give full effect to the Loan Agreement and to the Collateral Assignment or Movable Hypothec with delivery that is assigned or granted herein.

• Download from our legal documents web site and prepare the Security Agreement (Security Interest in Consumer Goods) (Form 944), and in Quebec the Deed of Movable Hypothec (Form 805).

• Said Movable Hypothec shall remain in effect until such time as the Loan Amount has been repaid to the Company in full and a written notice has been sent to the Borrowers confirming that the Company grants a release from said Movable Hypothec.

• Where our mutual client signs a Quebec Deed of Movable Hypothec (Form 805) in English, the registration of such hypothec at the RPMRR will have to be made entirely in French.

More Definitions of Movable Hypothec

Movable Hypothec means, collectively, (a) the Movable Hypothec executed or to be executed by Clean Harbors Mercier, Inc., a Quebec corporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favor of the Canadian Collateral Agent, and (b) the Movable Hypothec executed or to be executed by Clean Harbors Quebec, Inc., a Quebec corporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favor of the Canadian Collateral Agent, each as amended, restated or modified from time to time.

Movable Hypothec means an agreement in the form of Exhibit A.

Movable Hypothec means, collectively, (a) the Movable Hypothec executed or to be executed by Clean Harbors Mercier, Inc., a Quebeccorporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favor of the Canadian Collateral Agent, and (b) the Movable Hypothec executed or to be executed by Clean Harbors Quebec, Inc., a Quebec corporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favor of the Canadian Collateral Agent.

Movable Hypothec means, collectively, (a) the movable hypothecs granted by Guess? Canada Corporation, a Canadian corporation, under the Deed of Hypothec executed or to be executed by it in favour of the Lender, and (b) the movable hypothecs granted by Guess? Canada Retail, Inc. under the Deed of Hypothec executed or to be executed by it in favour of the Lender.

Movable Hypothec shall have the meaning assigned in Section 7.13 hereof.

Movable Hypothec to secure the payment of the rent and any amount owed or that may be owed to the LESSOR hereunder as well as the fulfillment of the LESSEE's obligations hereunder, the LESSEE hereby grants in favour of the LESSOR a movable hypothec (security interest against personal property) without delivery on all present and future movable property that it owns, located in the leased premises, as well as on the insurance benefits paid with regard to said movable property (the "hypothecated property"), for a sum equal to five (5) times the amount of the rent payable by the LESSEE to the LESSOR for the first year of the lease (the "amount of the hypothec"). To secure any amount owed to the LESSOR that exceeds the above amount of the hypothec, the LESSEE hypothecates the said property for an additional amount equal to twenty percent (20%) of the amount of the hypothec.

Movable Hypothec means, collectively, (a) the Movable Hypothec executed or to be executed by Clean Harbors Mercier, Inc. (currently, Safety-Kleen Services (Mercier), Ltd.), a Quebec corporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favour of the Agent, and (b) the Movable Hypothec executed or to be executed by Clean Harbors Quebec, Inc. (currently, Safety-Kleen Services (Quebec), Ltd.), a Quebec corporation, pursuant to which it pledges the bond issued or to be issued under the Deed of Hypothec executed or to be executed by it in favour of the Agent.