Assets ceased/released
Part of the property or undertaking has been released and no longer forms part of the charge
Persons entitled
- Lombard & Ulster
Amount secured
0
Short particulars
Mortgage debenture a specific equitable charge over all freehold and leasehold property at any time during the continuance of the debenture belonging to or charged to the company or the proceeds of sale thereof. A specific charge over the goodwill of the company and the benefit of any licences and all fixed and moveable plant machinery implements utensils furniture and equipment at any time during the continuance of the security being the property of the company. A specific charge over all book debts and other debts at any time due and owing to the company. A floating security over the companys undertaking and all its property assets and rights whatsoever and wheresoever present and future. The debenture provides that the company is not at liberty without the consent in writing of the chargee to create any mortgage or charge ranking in priority to or pari passu with the debenture or to sell the whole or any part of the companys undertaking except in the ordinary course of business.