Persons entitled
- Commercial Acceptances Limited
Brief description
“Property” means all leasehold and freehold property referred to in clauses 2.1.1 and 2.1.2. 2.1 the company hereby covenants on demand to pay or discharge the indebtedness to the lender. As security for the payment and discharge of the indebtedness the company hereby charges with full title guarantee to the lender:. 2.1.1 by way of legal charge mortgage all freehold and leasehold property now vested in the company together with all buildings fixtures (including trade fixtures) and fixed plant and machinery from time to time on that property. 2.1.2 by way of fixed charge all estates or interests in any freehold and leasehold property of the company (not being property charged by clause 2.1.1) now and in the future vested in the company together with all buildings fixtures (including trade fixtures) and fixed plant and machinery from time to time on that property.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.