Common use of Quebec Hypothec Clause in Contracts

Quebec Hypothec. Within five (5) Business Days following the Closing Date, the Borrower shall do all things reasonably necessary to cause the Hypothec to be registered with the Quebec Register of Personal and Movable Real Rights and deliver an opinion thereon of its legal counsel to the Representative Lender in a form acceptable to the Representative Lender and its legal counsel, acing reasonably.

Appears in 2 contracts

Sources: Loan Agreement (Dassault Systemes Sa), Loan Agreement (Dassault Systemes Sa)