Common use of VALUATION OF THE PROPERTY Clause in Contracts

VALUATION OF THE PROPERTY. The Chargor hereby authorises the Chargee to value the Property annually or at such intervals as the Chargee shall in its discretion decide by any valuer or any officer of the Chargee or any person of the Chargee's choice at t he Chargee’s cost and expense and in the event such valuation reveals that the forced sale value of the Property is lower than that at the date hereof the Chargee shall have the discretion to require the Chargor within fourteen (14) days from the date of t he notice from the Chargee to charge, pledge, mortgage or deposit with the Chargee the Chargor's stocks and shares, assets, movable property and/ or the issue document of title, if any, of all immovable properties ves ▇▇▇ in the Chargor of such value as the Chargee may from time to time require or for such tenure as the Chargee requires by way of further and additional security for the total amount owing for the time being under this Charge and the Property Sale Agreement. If the forced sale value of the Prop erty has in the opinion of the Chargee fallen to the extent that the aggregate of Indebtedness shall be excee ded and the Chargor shall fail upon request to provide further and additional security as required by th e Chargee to restore or maintain the aggreg ate of the Indebtedness, the Chargee shall be entitled at its discretion to demand and require the Chargor to make immediate payment of such amount and in such manner as may be necessary to reduce the aggregate of the Chargor's Indebtedness and failure by the Chargor to do so shall be deemed (with or without notice on the Chargee's part) to be an Event o f Default.

VALUATION OF THE PROPERTY. The Chargor hereby authorises the Chargee to value the Property annually or at such intervals as the Chargee shall in its discretion decide by any valuer or any officer of the Chargee or any person of the Chargee's choice at t he the Chargee’s 's cost and expense and in the event such valuation reveals that the forced sale value of the Property is lower than that at the date hereof the Chargee shall have the discretion to require the Chargor within wi thin fourteen (14) days from the date of t he the notice from the Chargee to charge, pledge, mortgage or deposit with the Chargee the Chargor's stocks and shares, assets, movable property and/ or the issue document of title, if any, of all immovable properties ves ▇▇▇ v ested in the Chargor of such value as the Chargee may from time to time require or for such tenure as the Chargee so requires by way of further and additional security for the total amount owing for payment of the Indebtedness fo r the time being under this Charge and the Property Sale AgreementCharge. If the forced sale value of the Prop erty Property has in the opinion of the Chargee fallen to the extent that the aggregate limit of Indebtedness the Facility and the Chargee's profit margin shall be excee ded exceeded and the Chargor Customer shall fail upon request to provide further and additional security as required requir ed by th e the Chargee to restore or maintain the aggreg ate limit of the IndebtednessFacility and such profit margin, the Chargee shall be entitled at its discretion to demand and require the Chargor Customer to make immediate payment of such amount and in such manner as may be necessary to reduce the aggregate of the ChargorCustomer's Indebtedness to levels in maintenance of the limit of the Facility and profit margin the reto and failure by the Chargor Customer to do so shall be deemed (with or without notice on the Chargee's part) to be an Event o f Defaultof Defa ult.

VALUATION OF THE PROPERTY. (a) The Chargor hereby authorises the Chargee to value the Property annually or at such intervals as the Chargee shall in its absolute discretion decide by any valuer or any officer of the Chargee or any person of the Chargee's choice at t he Chargee’s the Chargor's sole cost and expense and in the event such valuation reveals that the forced sale value of the Property is lower than that at the date hereof the Chargee shall have the absolute discretion to require the Chargor within fourteen (14) days from the date of t he the notice from the Chargee to charge, pledge, mortgage or deposit with the Chargee the Chargor's stocks and shares, assets, movable property and/ or and/or the issue document of title, if any, of all immovable properties ves ▇▇▇ vested in the Chargor of such value as the Chargee may from time to time require or for such tenure as the Chargee requires by way of further and additional security for the total amount owing for the time being under this Charge and the Property Sale Master Facility Agreement. . (b) If the forced sale value of the Prop erty Property has in the opinion of the Chargee fallen (whose opinion shall not be questioned on any account whatsoever) to the extent that the aggregate of Indebtedness Secured Amounts shall be excee ded exceeded and the Chargor shall fail upon request to provide further and additional security as required by th e the Chargee to restore or maintain the aggreg ate aggregate of the IndebtednessSecured Amounts, the Chargee shall be entitled at its absolute discretion to demand and require the Chargor to make immediate payment of such amount and in such manner as may be necessary to reduce the aggregate of the Chargor's Indebtedness Secured Amounts and failure by the Chargor to do so shall be deemed (with or without notice on the Chargee's part) to be an Event o f of Default.

VALUATION OF THE PROPERTY. The Chargor hereby authorises the Chargee to value the Property annually or at such intervals as the Chargee shall in its discretion decide by any valuer or any officer of the Chargee or any person of the Chargee's choice at t he the Chargee’s 's cost and expense and in the event such valuation reveals that the forced sale value of the Property is lower than that at the date hereof the Chargee shall have the discretion to require the Chargor within fourteen (14) days from the date of t he the notice from the Chargee to charge, pledge, mortgage or deposit with the Chargee the Chargor's stocks and shares, assets, movable property and/ or and/or the issue document of title, if any, of all immovable properties ves ▇▇▇ vested in the Chargor of such value as the Chargee may from time to time require or for such tenure as the Chargee so requires by way of further and additional security for the total amount owing payment of the Indebtedness for the time being under this Charge and the Property Sale AgreementCharge. If the forced sale value of the Prop erty Property has in the opinion of the Chargee fallen to the extent that the aggregate limit of Indebtedness the Facility and the Chargee's profit margin shall be excee ded exceeded and the Chargor Customer shall fail upon request to provide further and additional security as required by th e the Chargee to restore or maintain the aggreg ate limit of the IndebtednessFacility and such profit margin, the Chargee shall be entitled at its discretion to demand and require the Chargor Customer to make immediate payment of such amount and in such manner as may be necessary to reduce the aggregate of the ChargorCustomer's Indebtedness to levels in maintenance of the limit of the Facility and profit margin thereto and failure by the Chargor Customer to do so shall be deemed (with or without notice on the Chargee's part) to be an Event o f of Default.

VALUATION OF THE PROPERTY. The Chargor hereby authorises the Chargee to value the Property annually or at such intervals as the Chargee shall in its absolute discretion decide by any valuer or any officer of the Chargee or any person of the Chargee's choice at t he Chargee’s the Chargor's sole cost and expense and in the event such valuation reveals that the forced sale value of the Property is lower than that at the date hereof the Chargee shall have the absolute discretion to require the Chargor within fourteen (14) days from the date of t he the notice from the Chargee to charge, pledge, mortgage or deposit with the Chargee the Chargor's stocks and shares, assets, movable property and/ or and/or the issue document of title, if any, of all immovable properties ves ▇▇▇ vested in the Chargor of such value as the Chargee may from time to time require or for such tenure as the Chargee so requires by way of further and additional security for the total amount owing payment of the Indebtedness for the time being under this Charge and the Property Sale AgreementCharge. If the forced sale value of the Prop erty Property has in the opinion of the Chargee fallen (whose opinion shall not be questioned on any account whatsoever) to the extent that the aggregate limit of Indebtedness the Facility and the Chargee's profit margin shall be excee ded exceeded and the Chargor Customer shall fail upon request to provide further and additional security as required by th e the Chargee to restore or maintain the aggreg ate limit of the IndebtednessFacility and such profit margin, the Chargee shall be entitled at its absolute discretion to demand and require the Chargor Customer to make immediate payment of such amount and in such manner as may be necessary to reduce the aggregate of the ChargorCustomer's Indebtedness to levels in maintenance of the limit of the Facility and profit margin thereto and failure by the Chargor Customer to do so shall be deemed (with or without notice on the Chargee's part) to be an Event o f of Default.

VALUATION OF THE PROPERTY. The Chargor hereby authorises the Chargee to value the Property annually or at such intervals as the Chargee shall in its discretion decide by any valuer or any officer of the Chargee or any person of the Chargee's choice at t he the Chargee’s cost and expense and in the event such valuation reveals that the forced sale value of the Property is lower than that at the date hereof the Chargee shall have the discretion to require the Chargor within fourteen (14) days from the date of t he the notice from the Chargee to charge, pledge, mortgage or deposit with the Chargee the Chargor's stocks and shares, assets, movable property and/ or and/or the issue document of title, if any, of all immovable properties ves ▇▇▇ vested in the Chargor of such value as the Chargee may from time to time require or for such tenure as the Chargee requires by way of further and additional security for the total amount owing for the time being under this Charge and the Property Sale Agreement. If the forced sale value of the Prop erty Property has in the opinion of the Chargee fallen to the extent that the aggregate of Indebtedness shall be excee ded exceeded and the Chargor shall fail upon request to provide further and additional security as required by th e the Chargee to restore or maintain the aggreg ate aggregate of the Indebtedness, the Chargee shall be entitled at its discretion to demand and require the Chargor to make immediate payment of such amount and in such manner as may be necessary to reduce the aggregate of the Chargor's Indebtedness and failure by the Chargor to do so shall be deemed (with or without notice on the Chargee's part) to be an Event o f of Default.

VALUATION OF THE PROPERTY. The Chargor hereby authorises the Chargee to value the Property annually or at such intervals as the Chargee shall in its absolute discretion decide by any valuer or any officer of the Chargee or any person of the Chargee's choice at t he Chargee’s the Chargor's sole cost and expense and in the event such valuation reveals that the forced sale value of the Property is lower than that at the date hereof the Chargee shall have the absolute discretion to require the Chargor within fourteen (14) days from the date of t he the notice from the Chargee to charge, pledge, mortgage or deposit with the Chargee the Chargor's stocks and shares, assets, movable property and/ or and/or the issue document of title, if any, of all immovable properties ves ▇▇▇ vested in the Chargor of such value as the Chargee may from time to time require or for such tenure as the Chargee requires by way of further and additional security for the total amount owing for the time being under this Charge and the Property Sale Agreement. If the forced sale value of the Prop erty Property has in the opinion of the Chargee fallen (whose opinion shall not be questioned on any account whatsoever) to the extent that the aggregate of Indebtedness shall be excee ded exceeded and the Chargor shall fail upon request to provide further and additional security as required by th e the Chargee to restore or maintain the aggreg ate aggregate of the Indebtedness, the Chargee shall be entitled at its absolute discretion to demand and require the Chargor to make immediate payment of such amount and in such manner as may be necessary to reduce the aggregate of the Chargor's Indebtedness and failure by the Chargor to do so shall be deemed (with or without notice on the Chargee's part) to be an Event o f of Default.

VALUATION OF THE PROPERTY. The Chargor hereby authorises the Chargee to value the Property annually or at such intervals as the Chargee shall in its discretion decide by any valuer or any officer of the Chargee or any person of the Chargee's choice at t he the Chargee’s 's cost and expense and in the event such valuation reveals that the forced sale value of the Property Property: (a) is lower than that at the date hereof the Chargee shall have the discretion to require the Chargor within fourteen (14) days from the date of t he the notice from the Chargee to charge, pledge, mortgage or deposit with the Chargee the Chargor's stocks and shares, assets, movable property and/ or and/or the issue document of title, if any, of all immovable properties ves ▇▇▇ vested in the Chargor of such value as the Chargee may from time to time require or for such tenure as the Chargee requires by way of further and additional security for the total amount owing for the time being under this Charge and the Property Sale Agreement. If the forced sale value of the Prop erty has Indebtedness . (b) in the opinion of the Chargee fallen to the extent that the aggregate of Indebtedness shall be excee ded amount payable under the Security Documents is higher and the Chargor shall fail upon request to provide further and additional security as required by th e Chargee to restore or maintain the aggreg ate of the IndebtednessChargee, the Chargee shall be entitled at its discretion to demand and require the Chargor to make immediate payment of such amount and in such manner as may be necessary to reduce the aggregate of the Chargor's Indebtedness to levels as required by the Chargee and failure by the Chargor to do so shall be deemed (with or without notice on the Chargee's part) to be an Event o f of Default.