Examples of Hypothecated Assets in a sentence
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 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.
Accordingly, the vehicle/Hypothecated Asset(s) has since been purchased and registered with the appropriate authority, we do hereby submit the detailed particulars of the vehicle(s) being the Hypothecated Asset(s) hereunder.
The Borrower/Co-Borrower(s) shall punctually pay all rents, taxes, outgoing and other charges in respect of the premises in which the Hypothecated Assets are parked or kept.
The Borrower shall punctually pay all rents, taxes, outgoing and other charges in respect of the premises in which the Hypothecated Assets is/are parked or kept.
The Borrower shall punctually pay all rents, taxes, outgoing and other charges in respect of the premises in which the Hypothecated Assets are parked or kept.
Any additions, improvements, or attachments to the Hypothecated Assets, whether made and carried out by the Borrower(s) or otherwise and whether at the cost of the Borrower(s) or otherwise and whether with or without the approval of VWFPL shall be deemed to constitute part of the Hypothecated Assets and shall be subject to the terms and conditions of this Agreement in the same manner and to the complete and total extent as the Hypothecated Assets prior to such addition/improvement or attachment.
Accordingly, the Tractor/Hypothecated Asset(s) has since been purchased and registered with the appropriate authority, we do hereby submit the detailed particulars of the Tractor(s) being the Hypothecated Asset(s) hereunder.
The Borrower shall punctually pay all rents, Taxes, outgoing and other charges in respect of the premises in which the Hypothecated Asset(s) are parked or kept (“Premises”).
The Borrower does hereby indemnify and agree to keep indemnified the Lender from time to time and at all times hereafter against all claims, costs, losses and expenses that may be inured by the Lender by reason of any act or default on the part of the Borrower in respect of the said Credit Facilities and/or the said Hypothecated Assets and/or Property a and/or any of the terms herein.