Persons entitled
- Industrial Lending 1
Brief description
By way of first legal mortgage, each property specified in schedule 1 and all other freehold and leasehold property now vested in the company;. By way of first fixed charge (a) all properties acquired by the company in the future; and (b) all present and future interests of the company not effectively mortgaged or charged under the preceding provision of clause 3 of the charge in, or over, freehold or leasehold property.. Definitions:-. "Properties" means all freehold and leasehold properties (whether registered or unregistered) and all common hold properties, now or in the future (and from time to time) owned by the company, or any immoveable property in which the company holds any other estate, licence of interest (including, but not limited to, the properties specified in schedule 1) and "property" means any of them.. Schedule 1 means registered property which schedule has been intentionally left blank. Notification of addition to or amendment of charge.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.