Persons entitled
- Close Brothers Limited
Brief description
“Intellectual property” – all patents (including applications, improvements, prolongations, extensions and right to apply therefor) designs (whether registered or unregistered) copyrights, design rights, trademarks and service marks (whether registered or unregistered) utility models, trade and business names, know-how, formulae, inventions, confidential information, trade secrets and computer software programs and systems (including for the benefit of any licenses or consents relating to any of the above) and all fees, royalties or other rights derived therefrom or incidental thereto in any part of the world.. “Property” – the estate and interest of each company in freehold and leasehold property wherever situated (other than any heritable property in scotland) including all liens, charges, options, agreements, rights and interests in or over such property or the proceeds of sale of such property and all buildings and fixtures thereon and all rights, easements and privileges appurtenant to, or benefiting, the same and “properties” means all or any of the same, as the context requires. 3 charging provisions. 3.1 as security for the payment of the secured monies and the discharge of the secured liabilities, each company with full title guarantee now gives the following mortgages and charges in favour of the security trustee namely:. (A) a legal mortgage on the properties (if any) specified in the schedule 3 ;. (b) a legal mortgage on all properties (other than any properties specified in schedule 3) now owned by the company or in which the company has an interest;. (C) a fixed charge on all of the following assets belonging to the company, whether in existence now or in the future;. (Vii) all the company’s intellectual property.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.