Persons entitled
- Wells Fargo Capital Finance Llc Acting as Administrative Agent for All Agents Party to the Credit Agreement (Agent)
Brief description
As a continuing security for the payment and discharge of the secured obligations, the chargor with full title guarantee charges to the agent, by way of first legal mortgage, each property specified in schedule 1 of the debenture.. As a continuing security for the payment and discharge of the secured obligations, the chargor with full title guarantee charges to the agent by way of first fixed charge:. (A) all properties acquired by the chargor in the future;. (B) all present and future interests of the charhor not effectively mortgages or charges under the preceding provisions of clause 3 in, or over, freehold or leasehold property;. (C) all present and future rights, licences, guarantees, rents, deposits, contracts, covenants and warranties relating to each property; and. (D) all the intellectual property.. Properties means all freehold and leasehold properties (whether registered or unregistered) and all commonhold properties, now or in the future (and from time to time) owned by the chargor, or in which the chargor holds an interest (including, but not limited to, the properties specified in schedule 1), and property means any of them.. All defined terms are as defined in the debenture.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.