Persons entitled
- Lloyds Bank Commercial Finance Limited
Brief description
As continuing security for the payment and/or discharge of all monies (in whatever currency), obligations and liabilities which are from time to time due, owing or incurred by the chargor to lbcf, whether actually or contingently, solely or jointly and whether as principal or surety, including discount charges and interest (as well after as before judgment) commission and other fees and charges at the rates and on the terms agreed between the chargor and lbcf from time to time, together with all expenses and all amounts owing in respect of indemnified events plus, in each case, interest at the rate agreed with the chargor, from the date the same are incurred to the date of payment in full compounded monthly or otherwise in accordance with lbcf’s usual practice, the chargor with full title guarantee charges to lbcf:. 1.1.1 by way of legal mortgage, the property (if any) described in schedule 1;. 1.1.2 by way of fixed charge any freehold or leasehold property (excluding any property charged by clause 2.1.1) now and in the future owned by the chargor or in which the chargor may have an interest; and. 1.1.3 by way of fixed charge, all the chargor’s intellectual property from time to time not disposed of in the ordinary course of the chargor’s business.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.