Persons entitled
- Film Finances International
Brief description
Hungry film limited, signature films limited and signature entertainment limited (collectively referred to as the "chargors") hereby,-. 5.1 assigns absolutely to film finances international (the "guarantor") all present and future rights, title and interest of the chargor in the "film" and in the "script" (as defined in the deed instrument dated 13TH november 2024, ("the deed")) and all other written and musical matter embodied or to be embodied or used in the film or acquired in connection with its production and the negative and prints thereof and all rights of representing, exploiting and exhibiting the same, other than the excluded assets (as defined in the deed); and. 5.2 assigns absolutely to the guarantor all present and future interest and rights of the chargor in and to the production agreements, the financing agreements and the sales agency agreements (as those terms are defined in the deed) and all other present and future agreements entered into by the "company" (as that term is defined in the deed) in connection with the production of the film as a continuing security, other than the excluded assets;. 5.3 charges in favour of the guarantor with the payment and discharge of the "secured sums" (as that term is defined in the deed) by way of first fixed charge all present and future property acquired for the production of the film, other than the excluded assets; and. 5.4 charges in favour of the guarantor with the payment and discharge of the secured sums by way of first floating charge the whole of the company’s undertaking and assets relating to the film, wheresoever and whatsoever, present and future, other than the excluded assets and any assets for the time being effectively assigned or charged to the guarantor pursuant to the previous sub-clauses of this clause or otherwise howsoever,. In each case relating solely to any property, assets or resources of the chargor purchased, developed, produced, created or acquired in respect of the film only and expressly excluding the excluded assets (the property and assets of the chargors for the time being assigned or charged to the guarantor under clauses 5.1, 5.2, 5.3 and 5.4 above being hereinafter called the “charged property” provided that on the payment or discharge of the secured sums and the guarantor having no further liability of any nature under the guarantee, the guarantor shall at the request of the chargors release or re-assign the charged property from the security constituted by this agreement and the guarantor shall sign all such documentation as the chargors shall reasonably request to confirm such release and re-assignment.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.