ASSIGNMENT OF RENTAL PROCEEDS THIRD PARTYSINGLEamended8Nov05Word文件下载.docx
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ASSIGNMENT OF RENTAL PROCEEDS THIRD PARTYSINGLEamended8Nov05Word文件下载.docx
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Borrower"
)of;
and
(3)HSBCPRIVATEBANK(SUISSE)SA(the"
Assignee"
)CompanyRegistrationNo.F06018/W,acompanyincorporatedinSwitzerlandandhavingaplaceofbusinessat21CollyerQuay#14-01HSBCBuilding,Singapore049320.
WHEREAS:
TheAssigneehasagreedattherequestoftheAssignorand/ortheBorrowertograntorcontinuegrantingtotheAssignorand/ortheBorrower,generalbankingfacilitiesincludingbutnotlimitedtoadvances,revolvingcreditfacilities,loans,guaranteefacilitiesandtermfacilitieswhetherinSingaporeDollarsand/orinforeigncurrenciesandsuchothergeneralbankingandcreditfacilitiesorotheraccommodation,uptosuchamountoramountsandtosuchextentastheAssigneemayfromtimetotimeagree,on,interalia,thesecurityashereinafterprovidedandontermsandconditionshereinafterappearing.
NOWTHISDEEDWITNESSETHasfollows:
1.INTERPRETATION
(A)Definitions:
InthisAssignment,excepttotheextentthatthecontextrequiresotherwise:
"
Act"
meanstheConveyancingandLawofPropertyAct(Chapter61);
includesthesuccessorsoftheAssigneeandanypersontowhomthisAssignmentmaybeassignedortransferred;
AssignedProperty"
meansalltheassetsandpropertyoftheAssignorassignedunderorpursuanttoClause5(A)and(B);
includesthepersonalrepresentativesoftheAssignor(ifanindividual)andthesuccessorsandassignsoftheAssignor(ifacompany);
BankingFacilities"
meansthegeneralbankingfacilitiesincludingbutnotlimitedtoadvances,revolvingcreditfacilities,loans,guaranteefacilitiesandtermfacilitieswhetherinSingaporeDollarsand/orinforeigncurrenciesandsuchothergeneralbankingandcreditfacilitiesorotheraccommodationmadeand/ortobemadeavailablebytheAssigneeto,orattherequestoftheAssignorand/ortheBorrower,uptosuchamountoramountsandtosuchextentastheAssigneemayfromtimetotimeagree;
includestherespectivepersonalrepresentativesoftheBorrower(ifanindividual)andthesuccessorsandassignsoftheBorrower(ifacompany);
CostofFunds"
meansthecosttotheAssignee(ascertifiedbyitfromtimetotimeandexpressedasarateperannum)offundingfromtimetotimeallsuchmoneyssopaidorincurredbytheAssignee(including,withoutlimitation,thecosttotheAssigneeoccasionedbyorattributabletocomplyingwithreserves,liquidityorotherrequirementsimposedontheAssigneebyanyrelevantauthorityorauthorities);
EventofDefault"
meansanyoftheeventsspecifiedinClause4
(1)oftheMemorandumofMortgagenumberedasMMI/88264P(“thesaidMemorandum”)lodgedwiththeSingaporeLandAuthority;
FacilityDocuments"
meansanyoralloftheAssignee'
sfacilityletters,theAssignee'
sstandardformdocumentsexecutedbytheAssignorand/ortheBorrowerunderorinconnectionwiththeBankingFacilitiesoranypartthereof,andanyotherdocumentoragreementunderorpursuanttowhichanymoneysorliabilitieswhatsoevermay,atanytime(noworhereafter),bedue,owingorpayablebytheAssignorand/ortheBorrowertotheAssignee,whetheractuallyorcontingently,solelyorjointlyand/orseverallywithanotherorothersorasprincipalorassuretyorotherwise,underorinconnectionwiththeBankingFacilitiesoranypartthereofandwheredocumentsareexecutedtoguaranteeorsecuretheobligationsoftheAssignorand/ortheBorrowerunderorinconnectionwiththeBankingFacilities,theterm"
shallincludeallsuchdocumentsfromtimetotimeexecutedtoguaranteeorsecuretheobligationsoftheAssignorand/ortheBorrowerunderorinconnectionwiththeBankingFacilities(andanyreferencetoaFacilityDocumentshallbeareferencetothatFacilityDocumentasfromtimetotimeamended,modifiedorsupplemented);
person"
includesafirmoracorporation;
Property"
meansthepropertydescribedinSchedule1;
ReceivingBank"
meanstheprincipalSingaporebranchofTheHongkongAndShanghaiBankingCorporationLimitedor,suchotherfinancialinstitutionastheAssigneemayrequirefromtimetotime;
RentalAccount"
meanstheaccountreferredtoinClause3;
SecuredDebt"
means(a)allsums(whetherprincipal,interest,fee,commissionorotherwise)whichareoratanytimemaybeorbecomeduefromorowingbytheAssignorand/ortheBorrowertotheAssignee,orwhichtheAssignorand/ortheBorrowerhas/havecovenantedtopayordischarge,whetheractuallyorcontingently,underorinconnectionwithanyoftheFacilityDocumentsand/orthisAssignmentand(b)allotherliabilitiesandmoneys(whetherprincipal,interest,fee,commissionorotherwise)whichnowareoratanytimehereaftermaybecomeduefromorowingby,orbeincurredby,theAssignorand/ortheBorrowertotheAssignee,inwhatevercurrencythesameshallbedenominatedorowing,whetheraloneorjointlywithanyotherpersonandonanyaccountwhatsoever,whethercurrentorotherwise,andwhetherpresent,future,actualorcontingent,andwhetherasprincipaldebtor,guarantor,suretyorotherwisehowsoever,including(withoutlimitation)interestandallliabilitiesinconnectionwithforeignexchangetransactions,paying,accepting,endorsingordiscountinganycheques,notesorbills,orunderbonds,guarantees,indemnities,documentaryorothercreditsoranyinstrumentswhatsoeverfromtimetotimeenteredintobytheAssignee,fororattherequestoftheAssignorand/ortheBorrower;
SecurityParties"
meansanyperson(s)(otherthantheAssignor,theBorrowerandtheAssignee)whois/areaparty(ies)toanyoftheFacilityDocuments.
SingaporeDollar(s)"
and"
S$"
meanthelawfulcurrencyofSingapore;
TenancyAgreement"
meansanylease,licence,tenancy,lettingarrangement,option,reservation,rightoffirstrefusalandotheragreementofwhateverkindwhichareoratanytimemaybeenteredintobyoronbehalfoftheAssignorfortheoccupation,useorpossessionoftheProperty;
Tenants"
meanstheperson(s)whohas/haveenteredintoaTenancyAgreementwiththeAssignorand"
Tenant"
meansanyoneoftheTenants.
(B)ThisAssignment:
Excepttotheextentthatthecontextotherwiserequires,anyreferenceto"
thisAssignment"
includesthisAssignmentasfromtimetotimeamended,modifiedorsupplementedandanydocumentwhichissupplementalheretoorwhichisexpressedtobecollateralherewithorwhichisenteredintopursuanttoorinaccordancewiththetermshereof.
(C)Assignor'
sandBorrower'
sObligations:
Allcovenants,terms,warranties,undertakings,representations,stipulationsandotherprovisionshereinexpressedtobemadebytheAssignorandtheBorrowershallbedeemedtobemadeby,andshallbebindingon,themjointlyandseverally.
(D)Assignor’sObligations:
WheremorethanonepersonconstitutestheAssignor,allcovenants,terms,warranties,undertakings,representations,stipulationsandotherprovisionshereinexpressedtobemadebytheAssignorshallbedeemedtobemadeby,andshallbebinding,onthemjointlyandseverally.
(E)Borrower'
WheremorethanonepersonconstitutestheBorrower,allcovenants,terms,warranties,undertakings,representations,stipulationsandotherprovisionshereinexpressedtobemadebytheBorrowershallbedeemedtobemadeby,andshallbebindingon,themjointlyandseverally.
(F)ReferencestoAssignor:
WheremorethanonepersonconstitutestheAssignor,allreferenceshereinto“theAssignor”shallwherethecontextsoadmits,includereferencestoanyorallofthem.
(G)ReferencestoBorrower:
WheremorethanonepersonconstitutestheBorrower,allreferenceshereinto“theBorrower”shallwherethecontextsoadmits,includereferencestoanyorallofthem.
(H)HeadingsandClauses:
TheheadingsinthisAssignmentareinsertedforconvenienceonlyandshallbeignoredinconstruingthisAssignment.Unlessthecontextotherwiserequires,wordsdenotingthesingularnumberonlyshallincludethepluralandviceversaandwordsimportingthemasculinegendershallincludethefeminineandneutergender.Referencestothe"
Clauses"
andthe"
Schedule"
aretobeconstruedasreferencestotheclausesof,andthescheduleto,thisAssignment.
2.COVENANTTOPAY
TheAssignorandtheBorrowerherebycovenant:
(a)topayanddischargeupondemand(inrespectoftheBankingFacilitieswhichareexpressedtobepayableondemand)orontheduedatethereof,allmoneys,obligationsandliabilitieswhatsoeverwhichnowareoratanytimehereafter(whetheronorafteranysuchdemandorotherwise)maybeduefromorowingorpayableby,ortobeincurredby,theAssignorand/ortheBorrowertotheAssignee,inwhatevercurrencythesameshallbedenominatedorowingwhetheraloneorjointlywithanyotherpersonandonanyaccountwhatsoever,whethercurrentorotherwise,andwhetherpresent,future,actualorcontingentandwhetherasprincipaldebtor,guarantor,suretyorotherwisehowsoeverorinanymannerwhatsoeverandallotherliabilities,whethercertainorcontingent,whetherornotunder,pursuanttoorinconnectionwithanyoftheFacilityDocumentsincluding(withoutlimitation)allliabilitiesinconnectionwithpaying,accepting,endorsingordiscountinganycheques,notesorbills,orunderguarantees,documentaryorothercreditsoranyinstrumentwhatsoeverfromtimetotimeenteredintobytheAssigneefororattherequestoft
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