Persons entitled
- Arbuthnot Commercial Asset Based Lending Limited
Brief description
Each chargor, as continuing security for the payment, discharges and performs of all the secured liabilities in relation to all of the following assets whether now or in future belonging to a chargor hereby, in each case with full title guarantee:. Charges (to the extent not validly or effectively assigned under clause (c) to arbuthnot by way of separate fixed charges the assets detailed in schedule 2;. charges to arbuthnot by way of a floating charge all of its undertaking, property, rights and assets whatsoever and wheresoever, both present and future (including to the extent that any of such undertaking, property, rights and assets are not effectively charged from time to time by any of the above fixed charges or assigned by way of security under clause (c));. Assigns and agrees to assign by way of security to arbuthnot all its rights, title and interest in and to: the benefits arising under the insurances; and any contracts relating to or benefitting any of the charged assets;. If a chargor is also a rf client, assigns and agrees to assign by way of security to arbuthnot all its rights, title and interest in and to the non-vesting receivables.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.