SL.No_249 Date, ES 2008
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For ONLYSUGCESS LEARNING TECHNOLOGIES PYT. LTO.
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Fos ONL YSUCCESS LEARN.NG TECHNOWUB.ES PY, iy
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mYOF HYPOTHECATION
‘THIS DEED OF HYPOTHECATION (this “Deed”, which expression shall, unless it be repugnant to
the subject or context thereof, include the Schedule(s) hereto and all amendments thercio made from
time to time) executed at the place and on the day, month and year set out in Schedule J hereto by the
Hypothecator (as defined hereinafter)
in favour of
Mis. 31 Infotech Trusteeship Services Limited, a company incorporated under the Companies Act, 1956
and having its registered office at Tower 5, 3" to 6° floors, Intemational Infotech Park, Vashi, Navi Mumbai
400 703, in its capacity as security trustee for the Lenders (the “Security Trustee”, which expression
shall, unless it be repugnant to the subject or context thercof, include its successors, transferees, assigns
and shall include the trustee(s) for the time being).
WHEREAS :
1. DEFINITIONS
In these presents, unless there is anything repugnant to the subject or context thereof, the expressions
listed below shall have the following meanings, viz.:
“Assets” mean the assets detailed in Schedule If hereto.
“Appointment Letter” means letter in relation to the settlement of trust and appointment of the
Sceurity Trustee, which expression shall, unless it be repugnant to the subject or context thereof,
include all amendments thereto from time to time. Date of the Appointment Letter is as set out in
Schedule I hereto.
“Borrower” means the person(s) named in Schedule I hereto and, unless it be repugnant to the subject
or context thereof, include:
(j) in the case of a company, its successors and permitted assigns;
Reference to the “Borrower” shall, in case there are more than one borrowers mean, es the subject or
context may permit, mean cach of them or any one or more of them.
“Hlypothecator” means the person(s) named in Schedule J hereto and shall, unless it be repugnant to
the subject or as the context may permit or require, include :
(in the case of a company / society | body corporate, its successors and permitted assigns: Reference
to the “Hypothecator” shall, in case there are more than one hypothecators mean, as the subject or
context may permit, mean each of them or any one or more of them.
For ONLYSUOCESS LEARNING TEGiNUWUG,ES PIT, Lxe
Bee Gy Authorised Signatory
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