Deed of Hypothec means this deed and its schedules, if any, as well as any amendment, replacement or renewal of this deed.

Deed of Hypothec shall have the meaning assigned to such term in Section 9.01(b).

Deed of Hypothec means a Quebec law movable and immovable Deed of Hypothec in favor of any Senior Lien Term Loan Agent, for the benefit of any Senior Lien Secured Parties from any Senior Lien Loan Party, any Junior Lien Term Loan Agent, for the benefit of any Junior Lien Secured Parties from any Junior Lien Loan Party, any ABL Lien Agent, for the benefit of any ABL Lien Secured Parties from any ABL Lien Loan Party, together in each case with a corresponding bond, bond pledge and bond pledge agreement.

Examples of Deed of Hypothec in a sentence

In order to avoid unnecessary delay, we strongly suggest that you make an appointment with the Customer’s branch for the signing of the Deed of Hypothec and to obtain the appropriate resolution.
In order to avoid unnecessary delay, we strongly suggest that you make an appointment with the Mortgagor’s branch for the signing of the Deed of Hypothec and to obtain the appropriate resolution.
If you rent out all or part of your Property without our consent, that will constitute an event of default and we may, if we choose, exercise our rights and remedies as described in section 5.1 of the Deed of Hypothec.
All payments in respect of the Debt or the Secured Amounts must be made at our branch described at the beginning of the Deed of Hypothec or at any other location that we designate in writing, in legal tender of Canada at the time of payment.
Paragraph and section headings in the Deed of Hypothec are used only for easy and convenient reference.

More Definitions of Deed of Hypothec

Deed of Hypothec has the meaning ascribed thereto in Section 6.1 hereof;

Deed of Hypothec means a deed of hypothec, in form and substance reasonably satisfactory to the Administrative Agent, executed by the Borrower and each Guarantor that is a Canadian Subsidiary granting a Lien as required for Quebec law purposes on any of its property to secure payment of any of the Secured Obligations, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Deed of Hypothec as defined in Section 9.1(c).

Deed of Hypothec means a deed of hypothec creating a hypothec in favor of the Administrative Agent, as hypothecary representative for the benefit of the Secured Parties, pursuant to the laws of the Province of Quebec on the assets of any Loan Party existing under the laws of the Province of Quebec, having its domicile (within the meaning of the Civil Code of Quebec) in the Province of Quebec or having a place of business or tangible property situated in the Province of Quebec.

Deed of Hypothec means a Quebec law movable and immovable Deed of Hypothec in favor of the ABL Agent, for the benefit of the ABL Lenders from any ABL Loan Party, together in each case with a corresponding bond, bond pledge and bond pledge agreement.

Deed of Hypothec means that certain Deed of Hypothec To Secure Payment of Bonds dated March 31, 2015, by UR Canada in favor of the Agent, for the benefit of the Canadian Secured Parties, as amended by a deed of supplemental hypothec dated February 14, 2019, and a further deed of supplemental hypothec dated as of, on or about the Agreement Date, and as further amended, amended and restated, modified or supplemented from time to time.

Deed of Hypothec means the Deed of Movable Hypothec dated as of the date hereof between the Parent Borrower and the Collateral Agent (in form and substance satisfactory to the Collateral Agent), as the same may be amended, modified or supplemented from time to time.