Common use of Equitable Charge Clause in Contracts

Equitable Charge. You as beneficial owner and/or registered proprietor now charge in favour of us all of your estate and interest in any real property (including but not limited to any applicable land owned by you or described as your Street Address in the Credit Application if applicable) (“Land”) to secure payment of accounts rendered by us to you for the delivery and/or supply of Contract Works, including interest payable on these accounts and costs and legal costs on a full indemnity basis, incurred by us and including the costs of preparing and lodging a Caveat against the Land or removing the Caveat.

Equitable Charge. You as beneficial owner and/or registered proprietor now charge charges in favour of us all of your estate and interest in any real property (including but not limited to any applicable land owned by you or described as the your Street Address in the Credit Application if applicable) (“‘Land”’) to secure payment of accounts rendered by us to you for the delivery and/or supply of Contract Works, the Goods including interest payable on these accounts and costs and (including legal costs on a full indemnity basis, ) incurred by us and including the costs of preparing to prepare and lodging lodge a Caveat against the Land or removing and to remove the Caveat.