Assets ceased/released
Part of the property or undertaking has been released and no longer forms part of the charge
Persons entitled
- Wells Fargo Capital Finance (UK) Limited
Brief description
Land – see clause 3.2 of the debenture which creates a charge by way of legal mortgage over:. • all land now owned by each chargor.. • any rights accruing to, derived from or otherwise connected with it (including insurances and proceeds of disposal and of insurances).. See clause 3.3 of the debenture, which creates a fixed charge over the rights the chargor now has and all of the rights which it obtains in the future in (1) the land (as defined in the debenture) (other than those charged under clause 3.2) and (2) the intellectual property and the specified intellectual property (as defined in the debenture). For more detail please see the debenture.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.