Persons entitled
- Wells Fargo Capital Finance Llc Acting as Administrative Agent for All Agents Party to the Credit Agreement ("Agent")
Brief description
As a continuing security for the payment and discharge of the secured obligations, the chargor with full title guarantee charges to the agent, by way of first legal mortgage, each property specified in schedule 1 of the debenture.. As a continuing security for the payment and discharge of the secured obligations, the chargor with full title guarantee charges to the agent by way of first fixed charge:. (A) all properties acquired by the chargor in the future;. (B) all present and future interests of the chargor not effectively mortgaged or charged under the preceding provisions of clause 3 of the debenture in, or over, freehold or leasehold property;. (C) all present and future rights, licences, guarantees, rents, deposits, contracts, covenants and warranties relating to each property; and. (D) all the intellectual property.. All defined terms are as defined in the debenture.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.