DEED OF ASSIGNMENT THIRD PARTYWord格式.docx

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DEED OF ASSIGNMENT THIRD PARTYWord格式.docx

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DEED OF ASSIGNMENT THIRD PARTYWord格式.docx

Borrower"

)of_____________________________;

and

(3)HSBCPRIVATEBANK(SUISSE)SA,(CompanyRegistrationNo.F06018W),acompanyincorporatedinSwitzerlandandhavingaplaceofbusinessatNo.21CollyerQuay#14-01HSBCBuilding,Singapore049320(hereinaftercalledthe“Assignee”)oftheotherpart,

WHEREAS:

-

TheAssignorandtheBorrowerhaveagreedtoexecutethisAssignmenttosecuretheBankingFacilities(asdefinedbelow)noworfromtimetotimehereaftermadeavailablebytheAssigneetotheAssignorand/ortheBorrower.

ITISAGREEDasfollows:

1.INTERPRETATION

(A)Definitions:

InthisAssignment,excepttotheextentthatthecontextrequiresotherwise:

-

“Act”meanstheConveyancingandLawofPropertyAct,(Chapter61);

“AssignedProperty”meansalltheassetsandpropertyoftheAssignorassignedunderorpursuanttoClause3(A);

“Assignor”includesthepersonalrepresentativesoftheAssignor(ifanindividual)andthesuccessorsandassignsoftheAssignor(ifacompany);

“Assignee”includesthesuccessorsoftheAssigneeandanypersontowhomthisAssignmentmaybeassignedortransferred;

“BankingFacilities”meansthegeneralbankingfacilitiesincludingbutnotlimitedtoadvances,revolvingcreditfacilities,loans,guaranteefacilitiesandtermfacilitieswhetherinSingaporeDollarsand/orinforeigncurrenciesandsuchothergeneralbankingandcreditfacilitiesorotheraccommodationmadeand/ortobemadeavailablebytheAssigneeto,orattherequestoftheAssignorand/ortheBorrower,uptosuchamountoramountsandtosuchextentastheAssigneemayfromtimetotimeagreeorallow;

“Borrower”includesthepersonalrepresentativesoftheBorrower(ifanindividual)andthesuccessorsandassignsoftheBorrower(ifacompany);

“CostofFunds”meansthecosttotheAssignee(ascertifiedbyitfromtimetotimeandexpressedasarateperannum)offundingfromtimetotimeallsuchmoneyssopaidorincurredbytheAssignee(including,withoutlimitation,thecosttotheAssigneeoccasionedbyorattributabletocomplyingwithreserves,liquidityorotherrequirementsimposedontheAssigneebyanyrelevantauthorityorauthorities);

“Developers”means__________________________,acompanyincorporatedintheRepublicofSingaporedulylicensedundertheHousingDevelopers(ControlandLicensing)Act(Chapter130)(LicenceNo________)andhavingitsregisteredofficeat____________________________________;

“EventofDefault”meansanyoftheeventsspecifiedinClause4

(1)oftheMemorandumofMortgagenumberedasMMl/88264PlodgedwiththeSingaporeLandAuthority(whichhasbeenincorporatedintotheMortgage(asdefinedbelow));

“FacilityDocuments”meansanyoralloftheAssignee’sfacilityletters,theAssignee’sstandardformdocumentsexecutedbytheAssignorand/ortheBorrowerunderorinconnectionwiththeBankingFacilitiesoranypartthereof,andanyotherdocumentoragreementunderorpursuanttowhichanymoneysorliabilitieswhatsoevermay,atanytime(noworhereafter),bedue,owingorpayablebytheAssignorand/ortheBorrowertotheAssignee,whetheractuallyorcontingently,solelyorjointlyorjointlyand/orseverallywithanotherorothersorasprincipalorassuretyorotherwise,underorinconnectionwiththeBankingFacilitiesoranypartthereof,andwheredocumentsareexecutedtoguaranteeorsecuretheobligationsoftheAssignorand/ortheBorrowerunderorinconnectionwiththeBankingFacilities,theterm“FacilityDocuments”shallincludeallsuchdocumentsfromtimetotimeexecutedtoguaranteeorsecuretheobligationsoftheAssignorand/ortheBorrowerunderorinconnectionwiththeBankingFacilities(andanyreferencetoaFacilityDocumentshallbeareferencetothatFacilityDocumentasfromtimetotimeamended,modifiedorsupplemented);

“Mortgage”meansamortgageoverthePropertyinsuchformasmaybeapprovedbytheAssignee;

“PrincipalAgreement”meanstheAgreementforSaledatedthe______dayof________________________madebetweentheDevelopersoftheonepartandtheAssignoroftheotherpart,wherebytheDevelopersagreedtosellandtheAssignoragreedtopurchasethePropertyandallreferencesto“PrincipalAgreement”shallbedeemedtoincludereferencestothePrincipalAgreementasfromtimetotimeamended,modifiedorsupplemented;

“Property”meansthepropertydescribedintheSchedule;

“SecuredDebt”means(a)allsums(whetherprincipal,interest,fee,commissionorotherwise)whichareoratanytimemaybeorbecomeduefromorowingbytheAssignorand/ortheBorrowertotheAssignee,orwhichtheAssignorand/ortheBorrowerhascovenantedtopayordischarge,whetheractuallyorcontingently,underorinconnectionwithanyoftheFacilityDocumentsand/orthisAssignmentandtheMortgageand(b)allotherliabilitiesandmoneys(whetherprincipal,interest,fee,commissionorotherwise)whichnowareoratanytimehereaftermaybecomeduefromorowingby,orbeincurredbytheAssignorand/ortheBorrowertotheAssignee,inwhatevercurrencythesameshallbedenominatedorowing,whetheraloneorjointlyorjointlywithanyotherpersonandonanyaccountwhatsoever,whethercurrentorotherwise,andwhetherpresent,future,actualorcontingent,andwhetherasprincipaldebtor,guarantor,suretyorotherwisehowsoever,including(withoutlimitation)interestandallliabilitiesinconnectionwithforeignexchangetransactions,paying,accepting,endorsingordiscountinganycheques,notesorbills,orunderbonds,guarantees,indemnities,documentaryorothercreditsoranyinstrumentswhatsoeverfromtimetotimeenteredintobytheAssignee,fororattherequestoftheAssignorand/ortheBorrower;

“SecurityParty”meansanyperson(otherthantheAssignor,theBorrowerortheAssignee)whoisapartytoanyoftheFacilityDocuments;

“SingaporeDollar(s)”and“S$”meanthelawfulcurrencyofSingapore;

“TitleDocument”meanstheSubsidiaryStrataCertificateofTitleorotherdocumentoftitlerelatingtotheProperty;

“Transfer”meanstheInstrumentofTransferrelatingtothePropertytobeexecutedbytheDevelopersinfavouroftheAssignor.

(B)Mortgage:

AlltermsandreferencesusedinthisAssignmentandwhicharedefinedorconstruedintheMortgagebutarenotdefinedorconstruedinthisAssignmentshallhavethesamemeaningandconstructioninthisAssignment.AllreferencesinthisAssignmenttotheMortgagearereferencestotheMortgageasamended,modifiedorsupplementedfromtimetotime.

(C)ThisAssignment:

Excepttotheextentthatthecontextotherwiserequires,anyreferenceto“thisAssignment”includesthisAssignmentasfromtimetotimeamended,modifiedorsupplementedandanydocumentwhichissupplementalheretoorwhichisexpressedtobecollateralherewithorwhichisenteredintopursuanttoorinaccordancewiththetermshereof.

(D)HeadingsandClauses:

TheheadingsinthisAssignmentareinsertedforconvenienceonlyandshallbeignoredinconstruingthisAssignment.Unlessthecontextotherwiserequires,wordsdenotingthesingularnumberonlyshallincludethepluralandviceversaandwordsimportingthemasculinegendershallincludethefeminineandneutergender.Referencestothe“Appendix”,“Clauses”andthe“Schedule”aretobeconstruedasreferencestotheappendixto,clausesof,andthescheduleto,thisAssignment.

(E)Assignor’sObligations:

WheremorethanonepersonconstitutestheAssignor,allcovenants,terms,warranties,undertakings,representations,stipulationsandotherprovisionshereinexpressedtobemadebytheAssignorshallbedeemedtobemadeby,andshallbebinding,onthemjointlyandseverally.

(F)Borrower'

sObligations:

WheremorethanonepersonconstitutestheBorrower,allcovenants,terms,warranties,undertakings,representations,stipulationsandotherprovisionshereinexpressedtobemadebytheBorrowershallbedeemedtobemadeby,andshallbebinding,onthemjointlyandseverally.

(G)ReferencestoAssignor:

WheremorethanonepersonconstitutestheAssignor,allreferenceshereinto“theAssignor”shallwherethecontextsoadmits,includereferencestoanyorallofthem.

(H)ReferencestoBorrower:

WheremorethanonepersonconstitutestheBorrower,allreferenceshereinto“theBorrower”shallwherethecontextsoadmits,includereferencestoanyorallofthem.

2.COVENANTTOPAY

InconsiderationoftheAssigneegrantingoragreeingtograntforthebenefitoftheAssignorand/ortheBorrower,theBankingFacilities,theAssignorandtheBorrowerherebycovenantwiththeAssignee:

(i)topayanddischargeupondemand(inrespectoftheBankingFacilitieswhichareexpressedtobepayableondemand)orontheduedatethereof,allmoneys,obligationsandliabilitieswhatsoeverwhichnowareoratanytimehereafter(whetheronorafteranysuchdemandorotherwise)maybeduefromorowingorpayableby,ortobeincurredby,theAssignorand/ortheBorrowertotheAssignee,inwhatevercurrencythesameshallbedenominatedorowingwhetheraloneorjointlyorjointlywithanyotherpersonandonanyaccountwhatsoever,whethercurrentorotherwise,andwhetherpresent,future,actualorcontingentandwhetherasprincipaldebtor,guarantor,suretyorotherwisehowsoeverorinanymannerwhatsoeverandallotherliabilities,whethercertainorcontingent,wh

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