Persons entitled
- Film Finances Inc
Brief description
Good oranges films limited (the company). Charges absolutely to film finances inc (the guarantor) all present and future rights, title and interest of the company in the "film" and in the "script" (as those terms are defined in the deed instrument between the company and the guarantor) and all other written and musical matter embodied or to be embodied or used in the film or acquired in connection with its production and the negative and prints thereof and all rights of representing, exploiting. And exhibiting the same; and charges absolutely to the guarantor all present and future interest and rights of. Company and all other present and future agreements entered into by the company in connection with the production of the film as a continuing security, subject only to the recoupment provisions of the "ipa" and the rights and prior security and other interests. Of the "bank" pursuant to the terms of the "ipa" (as those terms are defined in the deed instrument between the company and the guarantor) charges in favour of the guarantor with the payment and discharge of the "secured sums" (as that term is defined in the deed instrument between the company and the guarantor) by way of first fixed charge all present and future property acquired for the production of the film; and charges in favour of the guarantor with the payment and discharge of the secured sums by way of first floating charge the whole of the company’s undertaking and assets relating to the film, wheresoever and whatsoever, present and future, other than any assets for the time being effectively assigned or charged to the guarantor. Pursuant to the previous sub-clauses or otherwise howsoever.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.