Persons entitled
- Secure Trust Bank PLC
Brief description
Intellectual property means:. (A) any patents, trade marks, service marks, designs, business names, copyrights, database rights, design rights, topography rights, domain names, moral rights, inventions, confidential information, knowhow and any other associated or similar intellectual property rights and interests anywhere in the world (which may now or in the future subsist), and in each case whether registered or unregistered including but not limited to the intellectual property listed in schedule 3 hereto; and. (B) the benefit of all applications, rights to apply for and rights to use such assets (including, without limitation, any licences and sub-licences of the same granted by it or to it) of the client (which may now or in the future subsist). Properties mean the properties listed in schedule 1 (properties). Secured property means at any time the properties and all other freehold, leasehold or commonhold property which is subject to any security created by, under or supplemental to, this deed. 3 charging provisions. 3.1 all security created by the client under clauses 3.2 to 3.5 inclusive is:. (A) a continuing security for the payment and discharge of the secured obligations;. (B) granted with full title guarantee;. (C) granted in respect of all the right, title and interest (if any), present and future, of the client in and to the relevant secured asset; and. (D) granted in favour of stb.. 3.2 the client charges by way of first legal mortgage the properties and all premises and fixtures on each of the properties.. 3.3 the client charges by way of first fixed charge:. (A) all interests and estates in any freehold, leasehold or commonhold property now or subsequently owned by it (other than any freehold, leasehold or commonhold property effectively charged by way of legal mortgage under clause 3.2) and, in each case, the premises and fixtures on each such property;. (H) all its intellectual property;. Schedule 3. intellectual property. Brands:. Airfax. Arnold. Corgi. Electroten. Hornby. Humbrol. Jouef. Lima. Pocher. Ravarossi. Scalextric and;. All trade marks listed in schedule 3.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.