dragnet clause
dragnet clause. 1. MOTHER HUBBARD CLAUSE(1). 2. CROSS-COLLATERAL CLAUSE.
Search Results for: DRAGNET CLAUSE
dragnet clause
dragnet clause 不特定债权抵押条款；概括性债权抵押条款 抵押合同中的条款之一，指抵押人对过去、现在和将来产生的债务提供担保。该担保条款通常是指不动产抵押人为他人不特定债务，不论是已有的还是将有的，均对抵押权人提供担保。
cross collateral clause
cross-collateral clause. An installment-contract provision allowing the seller, if the buyer defaults, to repossess not only the particular item sold but also every other item bought from the seller on which a balance remained due when the last purchase was made. — Also termed dragnet clause.
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mother hubbard clause
Mother Hubbard clause. 1. A clause stating that a mortgage secures all the debts that the mortgagor may at any time owe to the mortgagee. — Also termed anaconda clause; dragnet clause. [Cases: Mortgages 14, 114, 121. C.J.S. Mortgages §§ 143–150, 157–161, 169.] 2. Oil & gas. A provision in an oil-and-gas lease protecting the
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