SECURITY TO BE DELIVERED Clause Samples

SECURITY TO BE DELIVERED. The Borrower shall deliver the following security (the "Security") duly registered, where applicable, subject to the provisions of the Borrower’s CCAA Plan and, otherwise, all in the form and on the terms acceptable to the Lender's solicitors: a) Mortgage – A 1st mortgage in the amount of $2,500,000 on the ▇▇▇▇▇▇▇▇▇▇▇ Project (WIP 1st Mortgage) and property, specifically Lots 7 and 8 and 8 thereof. The mortgage will be registered at the Wrap‐Up Interest Rate, being 24.00%.
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SECURITY TO BE DELIVERED. As continuing collateral security for the payment and satisfaction of all Obligations to the Agent and the Lenders, each Borrower and each Guarantor shall deliver or cause to be delivered to the Agent for itself and on behalf of the Lenders all documents, financing statements, agreements and instruments, and take all such actions (including the filing and recording of financing statements, fixture filings, mortgages, deeds of trust and other documents), that may be required under any Applicable Law and that the Agent may reasonably request, all at the expense of the Obligors, including the following guarantees, collateral documents and related documents for each appropriate jurisdiction, all of which shall be in form and substance reasonably satisfactory to the Agent: (a) a general security agreement in favour of the Agent constituting an Encumbrance (subject only to Permitted Encumbrances) on all of its present and future personal Property of the Borrower; (b) a securities pledge agreement in favour of the Agent constituting an Encumbrance (subject to Permitted Encumbrances) on all Equity Interests of the Guarantor and all securities that it owns; (c) all share certificates representing all Equity Interests subject to the securities pledge agreements referred to in Section 11.02(1)(b) together with duly executed stock powers of attorney (excluding Equity Interests of Subsidiaries that are not Guarantors); (d) an intellectual property security agreement if requested by the Agent; (e) all resolutions (corporate, shareholder or otherwise) required by the Agent, acting reasonably, in connection therewith, are delivered to the Agent, and in each case customary legal opinions are delivered by Borrowers' Counsel to the Lenders, acting reasonably; (f) all certificates, agreements, documents, instruments and notes, including UCC or PPSA financing statements and control agreements, required by the Security Documents to be filed, delivered, registered or recorded to create and perfect the Encumbrances intended to be created by the Security Documents shall have been filed, registered, recorded or delivered to the Agent for filing, registration or recording; and (g) the Agent shall have received, to the extent customary and appropriate in the applicable jurisdiction as determined by the Agent in its reasonable discretion, (i) counterparts of a Mortgage with respect to each owned real property having a value in excess of US$2,000,000 duly executed and delivered by the ...
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SECURITY TO BE DELIVERED. The Borrower shall deliver the following security (the "Security") duly registered where applicable, subject to the provisions of the Borrower’s CCAA protection application, and all in the form and on the terms acceptable to the Lender's solicitors:
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SECURITY TO BE DELIVERED. The Borrower shall deliver the following security (the "Security") duly registered where applicable subject only to the Primary Lender's security and all in the form and on the terms acceptable to the Lender's solicitors: a) Mortgage – First mortgage in respect of the Project in the principal amount of $11,500,000 plus accrued interest secured against the Property and all improvements thereto. The mortgage will be registered at the wrap up rate of interest, which mortgage, in addition to serving as direct security for the Loan, shall also serve as collateral security for a loan by the Lender to the Borrower in respect of the Mont Palais Project. b) Collateral Security - all amounts owing under the Loan will be collaterally secured by (i) a registered assignment of the collateral second mortgage on the property known municipally as ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇, registered as Instrument as HR1041946 and (ii) the new first mortgage/charge given by the Borrower in respect of the Mont Palais Project to be registered contemporaneously in respect of a mortgage loan by the Lender to the Borrower in respect of the Mont Palais Project .
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SECURITY TO BE DELIVERED. The Borrower shall deliver the following security (the "Security") duly registered where applicable, subject to the provisions of the Borrower’s CCAA protection application, and all in the form and on the terms acceptable to the Lender's solicitors: a) Mortgage – A 1st mortgage in the amount of $4,000,000 on the Coronation – WIP 1st Mortgage Project and property, specifically being Lots 6, 8, and 11. b) Subordinated Mortgages – Subordinated mortgages shall be permitted to be registered on the Project subject to approval from the Lender at its sole discretion.
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SECURITY TO BE DELIVERED. The Borrower shall deliver the following security (the "Security") duly registered where applicable, and all in the form and on the terms acceptable to the Lender's solicitors: a) Mortgage – A 1st mortgage in the principal amount of $10,000,000 on the Coronation (Hush) MZGI 57 Project and property, specifically being Lots 2‐4, 7, and 12‐14.
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Related to SECURITY TO BE DELIVERED

  • Documents to be Delivered by Holder(s). Each of the Holder(s) participating in any of the foregoing offerings shall furnish to the Company a completed and executed questionnaire provided by the Company requesting information customarily sought of selling security holders.

  • Documents to be Delivered by ▇▇▇▇▇▇(s) Each of the Holder(s) participating in any of the foregoing offerings shall furnish to the Company a completed and executed questionnaire provided by the Company requesting information customarily sought of selling security holders.

  • Documents to be Delivered by Buyer At the Closing, Buyer shall deliver to Company the following documents, in each case duly executed or otherwise in proper form:

  • Documents to be Delivered by Seller At Closing At or prior to the Closing, Seller shall deliver or cause to be delivered to Purchaser the following, all in form and substance reasonably satisfactory to Purchaser: a. Special Warranty Deed to Purchaser or Purchaser's nominee in recordable form, conveying good and marketable title in fee simple to the Property and Building, subject only to the Permitted Exceptions; b. The Title Policy or a "marked-up" Title Commitment (including extended coverage and title endorsements) and indicating waiver or deletion of the Removable Exceptions; c. A ▇▇▇▇ of Sale executed by Seller, assigning, conveying and warranting to the Purchaser title to the Personal Property, if any, and the Intangible Property, if any, free and clear of all encumbrances; d. The original executed Leases; e. Letter from the tenants under the Leases (hereinafter referred to as "Tenant Estoppel Certificates") addressed to Purchaser or its nominee and Mortgagee, as hereinafter defined, in the form attached hereto as Exhibit "B". If Seller is unable to obtain Tenant Estoppel Certificates from all of the tenants, Seller shall provide Purchaser with a Seller's Estoppel Certificate for the tenants who did not provide Tenant Estoppel Certificates. The Seller's Estoppel Certificate shall contain the matters set forth in Exhibit "B" attached hereto; f. Notices executed by Seller to all tenants, licensees or concessionaires, under the Leases and Project Contracts directing such parties to pay all rental and other payments to Purchaser or its agent; g. All architectural drawings, plans, specifications, surveys, building permits, occupancy permits or other similar items in Seller's possession and control which Seller has created, used or relied upon for the ownership and maintenance of the Project; h. A non-foreign certificate in accordance with the provisions of paragraph 22 hereof; i. Insurance certificates in Seller's possession required by the tenants under the Lease; j. A rent roll dated as of the Closing certified by Seller to Purchaser to be true, correct and complete; k. All keys in possession of the Seller used in connection with the Project and the combinations to all locks included on the Project; l. An affidavit of title; m. A certificate from Seller stating that the representations and warranties set forth in paragraph 9 are true and accurate in an material respects as of the date of the Closing; and n. Such other documents as Purchaser or the Title Company may reasonably request to enable Purchaser to consummate the Transaction contemplated by this Agreement.

  • Documents to be Delivered by Holder(s) Each of the Holder(s) participating in any of the foregoing offerings shall furnish to the Company a completed and executed questionnaire provided by the Company requesting information customarily sought of selling security holders.