Persons entitled
- Europe Arab Bank PLC (Company Number 5575857)
Brief description
Definitions given in this description have the same meaning given to them in the debenture a certified copy of which is attached to this MR01 application. Clause numbers are the same as the respective clause numbers in the debenture.. 3.1 the chargor with full title guarantee and as a continuing security for the payment and discharge of the secured obligations charges in favour of the lender:. (A) by way of first legal mortgage all right title estate and other interests of the chargor in the property specified in the schedule; and. (B) by way of first fixed charge:. (I) all right title estate and other interests of the chargor in any property not effectively mortgaged under clause 3.1(a), including, without limitation, all buildings, trade and other fixtures, fixed plant and machinery belonging to the chargor from time to time on any property (so far as not effectively mortgaged under clause 3.1(a)); …. (vi) all present and future goodwill and uncalled capital for the time being of the chargor;. 3.2 the chargor with full title guarantee and as continuing security for the payment and discharge of the secured obligations assigns absolutely to the lender:. (A) the benefit of all contracts, deeds, undertakings, agreements, rights, warranties, securities, covenants, guarantees, bonds and indemnities of any nature (including without limitation any building contracts or collateral warranties) now or at any time enjoyed or held by the chargor and relating to the property (including without limitation any deposit or other sum paid by way of security or paid under any contract for the sale of the property or under any option contract relating to the property, whether or not such deposit is forfeited), all compensation paid in relation to the property, and all vat payable on the same;. (B) so far as not assigned under clause 3.2(a), the benefit of all guarantees, warranties and representations given or made by, and any rights or remedies to which the chargor may now or in the future be entitled against, all or any professional advisors and contractors in relation to the property, and any business carried on thereat, and the manufacturer supplier and installers of all plant, machinery, fixtures and fittings or other items now or hereafter in buildings located on the property and any other person now or from time to time under contract or under a duty to the chargor including without limitation the right to prosecute in the name of the chargor proceedings against any such person and the benefit of all sums recovered in proceedings against all or any such persons;. (C) the benefit of all licences, patents, copyrights, design rights and other rights in intellectual property;. Notification of addition to or amendment of charge.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.