Persons entitled
- Virtus Group, LP (And Its Successors in Title and Permitted Transferees)
Brief description
Land (including buildings):. All real property belonging to the company at the date of the security document and all real property acquired by it after the date of the security document.. Intellectual property:. All of the company’s present and future intellectual property.. Definitions:. “Company” means jacuzzi spa and bath limited (registered number 08295533).. “intellectual property” means any material patents, trademarks, business names, copyrights, design rights and designs, whether registered or unregistered, the benefit of all applications and rights to use such assets including but not limited to the intellectual property rights (if any) listed in schedule 7 (intellectual property) to the security document and all related rights.. “Real property” means:. (A) any freehold, heritable, leasehold or immovable property (including but not limited to the freehold and leasehold property in england and wales specified in schedule 2 (details of real property) to the security document);. (B) any buildings, fixtures, fittings, fixed plant or machinery from time to time situated on or forming part of such freehold or leasehold property; and. (C) all related rights.. “Related rights” means, in relation to any asset:. (A) the proceeds of sale of all or any part of that asset;. (B) all rights under any licence, agreement for sale or agreement for lease in respect of that asset;. (C) all rights, powers, benefits, claims, consents, contracts, warranties, remedies, security, guarantees, indemnities or covenants for title in respect of that asset;. (D) any moneys and proceeds paid or payable in respect of that asset; and. (E) all dividends, distributions, interest and/or other income paid or payable in relation to that asset (including on any investment), together with all shares or other property derived from that asset and all other allotments, accretions, rights, benefits and advantages of all kinds accruing, offered or otherwise derived from or incidental to that asset (whether by way of conversion, redemption, bonus, preference, option or otherwise).. “Security document” means the fixed and floating security document dated 31 may 2019 between, among others, the company and virtus group, LP as collateral agent.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.