Persons entitled
- Close Brothers Limited
Brief description
"Book debt" - all present and future book debts, rentals, royalties, fees, proceeds of policies of insurance, vat. And all other amounts now or hereafter recoverable or receivable by, or due or owing to, the company (whether actual or contingent and whether arising under contract or in any other manner whatsoever) together with:. (A) the benefit of all rights, guarantees, security and remedies relating thereto (including, without limitation,. Negotiable instruments, legal and equitable charges, security, reservations of property rights, rights of. Tracing and unpaid vendor’s liens and similar associated rights; and. (B) all proceeds of any of the foregoing.. "Intellectual property" - all patents (including applications, improvements, prolongations, extensions and right to apply therefor) designs (whether registered or unregistered) copyrights, design rights, trademarks and service marks (whether registered or unregistered) utility models, trade and business names, know-how, formulae, inventions, confidential information, trade secrets and computer software programs and systems (including the benefit of any licences or consents relating to any of the above) and all fees, royalties or other rights derived therefrom or incidental thereto in any part of the world.. "Non-vesting debts" - all or any debts of a client to be purchased by the receivables financier pursuant to the receivables financing agreement but which fail to vest absolutely and effectively in the receivables financier for any reason, together with the associated rights to such debts.. "Property" - the estate and interest of each company in freehold and leasehold property wherever situate (other than any heritable property in scotland) including all liens, charges, options, agreements, rights and interests in or over such property or the proceeds of sale of such property and all buildings and fixtures thereon and all rights,. Easements and privileges appurtenant to, or benefiting, the same and "properties" means all or. Any of the same, as the context requires.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.
Chargor acting as a bare trustee for the property.