Hypothecation. Within the limitations imposed by applicable laws, rules and regulations, all securities now or hereafter held by you, or carried by you in any account for the Customer (either individually or jointly with others), or deposited to secure same, may from time to time, without any notice, be carried in your general loans and may be pledged, repledged, hypothecated or rehypothecated, separately or in common with other securities for the sum due to you thereon or for a greater sum and without retaining in your possession or control for delivery a like amount of similar securities. The IRS requires Broker Dealers to treat dividend payments on loaned securities positions as payments received in0lieu of dividends for 1099 tax reporting purposes. Taxation of substitute dividend payments may be greater than ordinary on qualified dividends. It is understood, however, that you agree to deliver to the Customer upon demand and upon payment of the full amount due thereon, all securities in such accounts, but without obligation to deliver the same certificates or securities deposited by the Customer originally. Any securities in the Customer’s margin or short account may be borrowed by you, or lent to others.
Hypothecation. Tenant shall not hypothecate, mortgage or encumber Tenant’s interest in this Lease or in the Premises or otherwise use this Lease as a security device in any manner without the consent of Landlord, which consent Landlord may withhold in its sole and absolute discretion. Consent by Landlord to any such hypothecation or creation of a lien or mortgage shall not constitute consent to an assignment or other transfer of this Lease following foreclosure of any permitted lien or mortgage.
Hypothecation. Within the limitations imposed by applicable laws, rules and regulations, all securities now or hereafter held by the Broker, or carried by the Broker in any Customer Account (either individually or jointly with others), or deposited to secure them, may from time to time, without any notice, be carried in the Broker’s general loans and may be pledged, repledged, hypothecated or re-hypothecated, separately or in common with other securities for the sum due to the Customer thereon or for a greater sum and without retaining in the Customer possession or control for delivery a like amount of similar securities. The IRS requires Broker- Dealers to treat dividend payments on loaned securities positions as payments received in lieu of dividends for 1099 tax reporting purposes. Taxation of substitute dividend payments may be greater than ordinary on qualified dividends. It is understood, however, that the Broker agrees to deliver to the Customer upon demand and upon payment of the full amount due thereon, all securities in such accounts, but without obligation to deliver the same certificates or securities deposited by the Customer originally. Any securities in the Customer’s margin account may be borrowed by the Broker, or lent to others.
Hypothecation. The Borrower shall cause the Hypothecator(s) and the Hypothecator(s) shall agree, to the satisfaction of IHFL, to hypothecate, encumber, charge, pledge and/or assign (by way of Security) the Hypothecated Asset(s) exclusively in favour of IHFL. The Borrower shall cause the Hypothecator(s) to promptly submit with IHFL (if so requested by IHFL) all the original documents of the Hypothecated Asset(s) duly endorsing the lien/hypothecation in favour of IHFL. The Borrower(s) shall forthwith deposit or shall cause to be deposited the Receivables directly in an escrow account(s) (and to no other account) as may be stipulated/agreed by IHFL and shall forthwith execute escrow agreement(s) in a form satisfactory to IHFL with respect to deposit of the Receivables into the escrow account(s) and transfer of amounts into IHFL’s specified bank account(s) on the Due Date(s). The Receivables shall be utilized/transferred in a manner as approved/instructed by IHFL in writing from time to time. It is hereby clarified that in case of shortfall in the escrow account(s), payment default(s) by the Borrower(s) and/or occurrence of an Event of Default, the Borrower(s) is/shall be under an obligation to pay from any source so as to pay the amount(s) payable in accordance with the Loan Documents to IHFL. The Borrower(s) undertake to forthwith issue irrevocable instructions (in a format acceptable to IHFL) to all the concerned persons for deposit of the Receivables only in the escrow account(s) and obtain confirmations in this regard (and forthwith provide a copy thereof to IHFL) from all such person(s). The Borrower(s) shall not give any instruction(s) to the escrow agent(s) and the escrow agent(s) shall not in any circumstance act on any instruction(s) of the Borrower(s). The borrower undertake to, and the borrower shall cause the other Borrower(s) to, irrevocably appoint IHFL as its attorney by execution of a Power of Attorney for collection of Receivables (in the form and substance satisfactory to IHFL) in favour of IHFL for, inter alia, collection of the Receivables from a l l t h e concerned persons. The borrower further, agree that such power(s) would be power(s) coupled with interest and therefore irrevocable.
Hypothecation. The Borrower shall hypothecate and create a charge in favour of the Bank as and by way of a first and exclusive charge on all the movable properties more particularly provide under the head of Security in the Schedule hereunder written, which shall subsist and continue until repayment by the Borrower to the Bank of the principal amount of the Loan in full and also payment of all interest and all other monies as may be payable under this Agreement. The Borrower further agrees that the Security shall also be security for all other monies that may be due and payable by the Borrower to the Bank on any account whatsoever, whether present or future, including the liability of the Borrower as a surety or co-obligor either simply or along with any other person. The Borrower agrees with, and undertakes to the Bank that the Bank shall have an exclusive charge over the Security and that the Borrower shall not create any manner of interest in the Security or any of them in favour of any other person or body, except with the prior written consent of the Bank. The Parties shall execute a Hypothecation Deed in respect of the same.
Hypothecation. Within the limitations imposed by applicable laws, rules and regulations, all securities now or hereafter held by Robinhood, or carried by Robinhood in any account for the Customer (either individually or jointly with others), or deposited to secure same, may from time to time, without any notice, be carried in its general loans and may be pledged, repledged, hypothecated or re- hypothecated, separately or in common with other securities for the sum due to Robinhood thereon or for a greater sum and without retaining in its possession or control for delivery a like amount of similar securities. The IRS requires broker dealers to treat dividend payments on loaned securities positions as payments received in lieu of dividends for 1099 tax reporting purposes. Taxation of substitute dividend payments may be greater than ordinary on qualified dividends. It is understood, however, that Xxxxxxxxx agree to deliver to the Customer upon demand and upon payment of the full amount due thereon, all securities in such accounts, but without obligation to deliver the same certificates or securities deposited by the Customer originally. Any securities in the Customer’s margin or short account may be borrowed by Robinhood, or lent to others.
Hypothecation. Grantor, in order to secure the payment of the Indebtedness (as hereinafter defined) and the performance of the obligations, covenants, agreements and undertakings of Grantor hereinafter described, does hereby GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN, PLEDGE , AFFECT, HYPOTHECATE, SPECIALLY MORTGAGE and SET OVER to Mortgagee, and grant a continuing security interest to Mortgagee in, all for the ratable benefit of the Lenders (hereinafter defined), the real estate (the “Land”) situated in the Parish of Plaquemines and State of Louisiana described in Exhibit “A” attached hereto and made a part hereof, TOGETHER WITH all of Grantor’s interests, rights and titles in and to the following, whether now owned or hereafter acquired by Grantor: (a) all buildings, structures, component parts, other constructions and other improvements now or hereafter attached to or placed, erected, constructed or developed on the Land together with all component parts of the foregoing and all appurtenances to such buildings, structures or improvements, including sidewalks, utility pipes, conduits, docks, tanks and lines, parking areas and roadways, and including all alterations, improvements, modifications, renovations and other additions to or changes in thereto at any time (the “Improvements”); (b) all materials, equipment, fixtures, furnishings, inventory, apparatus, fittings and articles of Personal Property (hereinafter defined) whatsoever now or hereafter delivered to, attached to, installed in, or used in or about the Improvements or which are necessary or useful for the complete use and occupancy of the Improvements for the purposes for which they were or are to be attached, placed, erected, constructed or developed, or which Personal Property is or may be used in the development of the Improvements (including, without limiting the generality of the foregoing, , all desks, chairs, filing cabinets, tables, book cases, credenzas, wall hangings and similar items, power feed wiring, service piping, storage tanks, product piping, pumps, tank truck racks, foam piping system, chemical sewer system, wastewater treatment facility, air emission system, scales, compressed air system, foam pumper truck, crane truck, backhoe, bulldozer, rail car mover, forklift, spill boat, vacuum truck and cranes), and all renewals of or replacements or substitutions for any of the foregoing whether or not the same shall be attached to the Land or Improvements; (c) all water and water rights, timbe...
Hypothecation. In consideration of the premises, the Borrower hereby charges/ hypothecates and creates an exclusive first ranking charge in favour of USFB, on the property/ asset more fully specified in the Schedule B hereunder (hereinafter referred as the "Hypothecated Security") with an intention to secure Facility granted/ to be granted by USFB to the Borrower and the interest thereon and charges.
Hypothecation. Neither the LLC nor Contributor has committed nor obligated itself in any manner whatsoever to sell the Property to any party other than the Company. Neither the LLC nor Contributor has hypothecated or assigned any rents or income from the Property in any manner, other than pursuant to any existing mortgage financing secured by the Property as of the Effective Date.
Hypothecation. A lien, pledge, hypothecation, mortgage, grant of a security interest, or effecting an encumbrance either as security for repayment of a liability or for any other purpose.
