TNAG-2459-FCO40-3580-Future-of-Hong-Kong-constitutional-development-administrati-1992 — Page 160

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長銀行) means

Emirates Bank International

"Emirates Bank" A & Ek≤J)

聯合酋

Limited;

"excluded property" (Þ) means-

(a)

the common seal of MEFIL;

(b)

documents (other than

accounting records) required

to be kept by MEFIL

pursuant to the Companies

Ordinance (Cap.32); and

(c)

"existing" (

現有

the purchase consideration for the undertaking to be

paid by Emirates Bank to MEFIL;

) means existing, outstanding or in force

immediately before the appointed day;

"MEFIL" († Raff3) means Middle East Finance International Limited;

"liabilities" (

) includes duties and obligations of every description (whether present or future, actual or contingent);

"property" (t

) means property and assets of every description

rights of every description or contingent), and includes

(whether property

wheresoever situate and present or future, actual held on trust and securities, benefits and powers of every description but does not include the excluded property;

"security" (The pp ) includes a mortgage or charge (whether legal or equitable and including any sub-mortgage), debenture, bill of exchange, promissory note, guarantee, lien, pledge (whether actual or constructive), hypothecation, assignment by way of security, indemnity, right of set-off, agreement or undertaking (whether in writing or not) or other means (in each case made, granted, arising or subsisting under any applicable law) of securing payment or discharge of a debt or liability present or future, actual or contingent);

"undertaking" (

(whether

> means the business and all existing property, liabilities and provision against assets of MEFIL other

than the excluded property; and

"will" (

遗嘱

) includes a codicil and any other testamentary

writing.

(2) Any reference in this Ordinance to property or liabilities of MEFIL is a reference to property or liabilities to which MEFIL is for the time being entitled or subject (whether beneficially or in any fiduciary capacity), wherever such property or liabilities are situated or arise and whether or not capable of being transferred or assigned by MEFIL, and whether MEFIL is entitled to such property or subject to such liabilities under the law of Hong Kong or under the law of any country or territory outside Hong Kong.

person ΟΙ

(3) Any body politic or corporate and any other

rights are affected by any of the provisions of this

persons whose Ordinance shall be deemed to be mentioned herein.