Persons entitled
- Lombard & Ulster
Amount secured
0
Short particulars
All monies. Floating charge A. a fixed charge over all the present and future book debts of the company. B. the undertaking of the company and all its property both present and future including its uncalled capital for the time being. The debenture provides that the chargee may at any time by notice in writing convert the floating security into a fixed and specific charge. The debenture provides that the company is not at liberty to create any mortgage or charge on the property charged or any part or parts thereof in priority to or pari passu with the debenture.