Persons entitled
- Funding Circle Trustee Limited as Security Agent for the Various Lenders
Brief description
The chargor charges as continuing security, with full title guarantee and by way of fixed charge the following property of the chargor, owned now or in the future:. A) all land vested in or charged to the chargor, all fixtures and fittings attached to that land and all rents receivable from any lease granted out of that land; and. B) all intellectual property, licences, claims, insurance policies, proceeds of any insurance and any other legal rights.. Definitions:. "Borrower" means [company name] of [registered address] with company number [company number].. "Land" means any interest of the chargor in any heritable, freehold or leasehold land.. "Lenders" means those lenders that have, from time to time, lent a specific loan to a borrower or a chargor under the funding circle platform on the conditions that the loan is supported by an all assets security agreement.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.