Persons entitled
- Stuart Jonathan Lacey and Emma Claire Lacey
Brief description
1. subject to the terms of the existing intercreditor agreement (as defined in the loan agreement dated 28 october 2024 to B.C.E. (distributors) limited), as a continuing security for the payment and discharge of the secured liabilities (as defined in the loan agreement dated 28 october 2024), the company with full title guarantee: 1(a) charges to the lenders, by way of first legal mortgage, all the properties (as listed in schedule 2 of the debenture); 1(b) charges to the lenders, by way of first fixed charge: (I) all properties acquired by the company in the future; (ii) all present and future interests of the company not effectively mortgaged or charged under the preceding provisions of this clause in or over freehold or leasehold property; (iii) all present and future rights, licences, guarantees, rents, deposits, contracts, covenants and warranties relating to the properties; (iv) all licences, consents and authorisations, statutory or otherwise held or required in connection with the company's business or the use of any secured assets (as defined in the loan agreement dated 28 october 2024) and all rights in connection with them; (v) all present and future goodwill; (vi) all uncalled capital for the time being of the company; and (vii) all equipment (as defined in the loan agreement dated 28 october 2024); 1(c) charges to the lenders, by way of floating charge, all the undertaking, property, assets and rights of the company at any time not effectively mortgaged, charged or assigned pursuant to clause 1.1(a) and clause 1.1(b).
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.