Chelsea bryant
Currency References and Payments - All amounts of money referred to in this Agreement are in Canadian Dollars unless otherwise stated. Saving � BMO shall be under no obligation to Borrower or any other person to realize any collateral or enforce the Security or any part thereof or to allow any of the Collateral to be sold, dealt with or otherwise disposed. Collateral - means all of the following, whether now owned or hereafter acquired: a Vehicles; b all Intangibles, whether now or hereafter attaching, appertaining or belonging to the Vehicles or used in the operation thereof or in connection therewith; c all Chattel Paper, whether tangible or electronic, evidencing the sale, exchange, lease, rental, charter, hire or other disposition of any kind whatsoever of the Vehicles and all Accounts generated thereby or derived therefrom and all rights, interests, benefits and privileges thereto, including full power and authority to demand, sue therefor, recover, collect, receive and give receipts therefor and to otherwise enforce the rights thereto; d all indemnities or insurance claims and payments or compensation resulting therefrom for loss of or damage to the Vehicles; and e all Proceeds of the foregoing and all Proceeds therefrom. Any such notice, statement or document shall be deemed to have been given upon delivery in the case of personal delivery, one business day after deposit with an overnight courier, four calendar days after deposit in the mail or upon receipt of confirmation of transmission in the case of facsimile or email delivery. There are no actions, suits or proceedings whether or not purportedly on behalf of Borrower , or to the knowledge of Borrower, threatened against it at law or in equity by or before any Governmental Authority, domestic or foreign, or before any arbitrator of any kind, and Borrower is not in default with respect to any judgment, order, writ, injunction, decree, award, rule or regulation of any Governmental Authority, domestic or foreign or any arbitrator of any kind, except in each case to the extent such action, suit, proceeding or default could not reasonably be expected to have a Material Adverse Effect.
