Persons entitled
- Close Brothers Limited
Brief description
3.1 as security for the payment of the secured monies and the discharge of the secured liabilities, the company with full title guarantee now gives the following mortgages and charges in favour of the security trustee namely: (a) a legal mortgage on the properties (if any) specified in the schedule 3); (b) a legal mortgage on all properties (other than any properties specified in schedule 3) now owned by the company or in which the company has an interest; (c) a fixed charge on all of the following assets belonging to the company, whether in existence now or in the future: (I) the freehold and leasehold properties of the company not effectively mortgaged under clauses 3.1(a) or (b) including as may hereafter be acquired; (iii) any other freehold and leasehold property which the company shall own together with all fixtures and fittings (including trade fixtures and fittings) and fixed plant and machinery in, on or attached to such property and all spare parts, replacements, modifications and additions to the same; (vii) all the company's intellectual property. "Intellectual property" means all patents (including applications, improvements, prolongations, extensions and right to apply therefor) designs (whether registered or unregistered) copyrights, design rights, trademarks and service marks (whether registered or unregistered) utility models, trade and business names, know-how, formulae, inventions, confidential information, trade secrets and computer software programs and systems (including the benefit of any licenses or consents relating to any of the above) and all fees, royalties or other rights derived therefrom or incidental thereto in any part of the world. "Property" means the estate and all interest of the company in freehold and leasehold property wherever situate (other than in heritable property in scotland) including all liens, charges, options, agreements, rights and interests in or over such property or the proceeds of sale of such property and all buildings and fixtures thereon and all rights, easements and privileges appurtenant to, or benefiting, the same and 'properties' means all or any of the same, as the context requires.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.
Chargor acting as a bare trustee for the property.