Assets ceased/released
Part of the property or undertaking has been released from the charge
Persons entitled
- Shawbrook Bank Limited Trading as Shawbrook Business Credit ("Shawbrook")
Brief description
Each security obligor charges and agrees to charge all of its present and future right, title and interest in and to the following assets which are at any time owned by it, or in which it from time to time has an interest:. (A) by way of first legal mortgage the specified real property;. (B) by way of first fixed charge:. (I) all real property and all interests in real property not charged by clause 5.1(a);. (Ii) all licences to enter upon or use land and the benefit of all other agreements relating to land; and. (Iii) the proceeds of sale of all real property other than specified real property;. (C) by way of first fixed charge the intellectual property (if any) specified in part 4 of schedule 3 (details of security assets) of the debenture; and. (D) by way of first fixed charge all intellectual property (if any) not charged by CLAUSE5.1(q).. "Specified real property" means the estates and interests in freehold, leasehold and other immovable property known as unit 3, prince william avenue, sandycroft, deeside, flintshire, CH5 2QZ registered at the land registry with titles numbers WA496474 and CYM229424, together with (a) all buildings, fixtures (including trade fixtures) and fixed p&m at any time thereon, (b) all easements, rights and agreements in respect thereof and (c) the benefit of all covenants given in respect thereof.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.