Persons entitled
- John Penn
- Jeremy Tear
Brief description
All definitions below are as defined in the attached debenture. As per clause 3.2 of the debenture, the chargor charges, by way of first fixed charge, all of the rights which it now has and all of the rights which it obtains at any time in the future in: land, equipment, investments, key contracts, key accounts, intellectual property, debts, and goodwill and uncalled capital, and in any rights accruing to, derived from or otherwise connected with them (including insurances and proceeds of disposal and of insurances). As per clause 3.4 of the debenture, the chargor charges, by way of first floating charge, its undertaking and all its present and future assets other than those effectively charged under clauses 3.1-3.3 inclusive.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.