Charged Property. If the Grantor fails at any time to maintain, preserve or protect all property material to the conduct of its businesses and keep such property in good repair, working order and condition (reasonable wear and tear excepted) or fails from time to time to make, or cause to be made, all needful and proper repairs, renewals, additions, improvements and replacements thereto which are necessary in order that the business carried on in connection therewith may be properly conducted in all material respects at all times.
Charged Property. (h) The term full title guarantee will be construed in accordance with the LP (MP) Act but so that the covenants implied by the LP (MP) Act in respect of Funding 2 Security do not include:
Charged Property. 4.9.1 The Chargor is the sole legal and beneficial owner of the Charged Property, free from any other Security.
Charged Property. The Client charges in favor of the Broker all the Charged Property by way of continuing security for the payment of all monies and liabilities, whether actual or contingent, which may now or at any time hereafter be due or owing by the Client to the Broker or any other member of the Group in connection with the operation of the Account or otherwise under the Agreement together with all costs, charges and expenses incurred by any member of the Group in the exercise of such rights. The aforesaid shall not affect the lien under Clause 11.1 and shall be in addition to any other rights that the Broker may have hereunder.
Charged Property. All of each Grantor’s right, title and interest in and to the following property, whether now owned or hereafter acquired, and wheresoever situate (collectively, the “Collateral”): a)All Claims;b)All cash and Deposit Accounts and all monies deposited therein;c)All Inventory;d)All commodities contracts, commodities accounts, securities and securities accounts (and security entitlements or financial assets credited thereto);e)To the extent evidencing or governing any of the items referred to in the preceding clauses (a) through (d):(i) all Documents of Title;(ii) all incorporeal movable property (excluding Intellectual Property);(iii) all Contracts; and(iv) all Instruments;f)Each promissory note evidencing Indebtedness that evidences, governs or arises out of the disposition after the Closing Date of any accounts receivable included in the preceding clauses (a) or Inventory included in the preceding clauses (c), excluding in each case:(i) promissory notes executed in favour of a Grantor by any Credit Party or Subsidiary; and 148 Nature of rights Date and Registration N° Parties Summary of Charge and Information
Charged Property procure that the Charged Property for any Series is at all times distinguishable from the Charged Property for each other Series (and their respective proceeds) and from its other assets;
Charged Property to take any steps necessary to vest all or any of the Charged Property in the name of Laurus or its nominee (including completing any transfers of any Shares comprised in the Charged Property) and to receive and retain any Dividends;
Charged Property. Other than in respect of BemroseBooth Limited (for so long as it is a Designated Foreign Subsidiary Borrower), whose undertakings are contained in the Credit Agreement, it will comply with all material contracts and observe and perform all material covenants and stipulations from time to time affecting the Charged Property, make all payments, carry out all registrations or renewals and generally take all steps which are necessary to preserve, maintain and renew when necessary or desirable all the Charged Property.
Charged Property. As security for the payment and discharge of the Secured Liabilities Bookham with full title guarantee charges in favour of Nortel
Charged Property. The Hotel Borrowers shall comply or procure compliance with the covenants and obligations set out in schedule 5 (Charged Property covenants).
