Persons entitled
- Peter Powell
Brief description
As a continuing security for the payment and discharge of the secured liabilities, the borrower with full title guarantee charges to the lender by way of first fixed charge:. (A) all licences, consents and authorisations (statutory or otherwise) held or required in connection with the borrower’s business or the use of any secured asset, and all rights in connection with them;. (B) all its present and future goodwill;. (C) all its uncalled capital;. (D) all the equipment;. (E) all the intellectual property;. (F) all the book debts;. (G) all the investments;. (H) all monies from time to time standing to the credit of its accounts with any bank, financial institution or other person (including each designated account), together with all other rights and benefits accruing to or arising in connection with each account (including, but not limited to, entitlements to interest);and. (I) all its rights in respect of each insurance policy, including all claims, the proceeds of all claims and all returns of premium in connection with each insurance policy, to the extent not effectively assigned under clause 3.2.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.