Persons entitled
- Christopher James Norton (As Security Trustee)
Brief description
By way of fixed charge, all its property (as defined in clause 1.1 of the guarantee and debenture as the real property from time to time owned by each chargor or in which any chargor has an interest (including the real property, if any, specified in schedule 3 in respect of each relevant chargor) together with (in every case) all proceeds of sale deriving from any such real property, the benefit of all covenants given in respect of such real property and any monies paid or payable in respect of such covenants;) (as detailed in schedule 3 of the guarantee and debenture), and all other interests in its property, and any rights under any licence or other agreement or document which gives such chargor a right to enter upon or use land wherever situated excluding, in each case, the excluded property (as defined in clause 1.1 of the guarantee and debenture as (a) a leasehold property held by a chargor now or in the future under a lease granted at a rack rate which has an unexpired term of fifteen years or less at the date of this deed (or in the case of future acquired leasehold property, at the date of acquisition of such property by the relevant chargor); or. (B) a freehold property held by a chargor now or in the future with a market value of £500,000 (or the equivalent in other currencies) or less at the date of this deed (or in the case of future acquired leasehold property, at the date of acquisition of such property by the relevant chargor)) ; and. By way of fixed charge, all intellectual property (if any) owned by such chargor or in which such chargor shall have an interest.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.