Persons entitled
- National Westminster Bank PLC as Security Agent (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
Brief description
3.1 land -. each chargor charges:. (A) by way of legal mortgage its interest in the land referred to opposite its name in schedule 2 (land charged by way of legal mortgage); and. (B) by way of fixed charge any right, title or interest which it has now or may subsequently acquire to or in any other land.. 3.6 intellectual property -. each chargor charges by way of fixed charge all its intellectual property, including, where a chargor is a trade mark chargor:. (A) the trade mark property which belongs to it now or at any time during the security period; and. (B) all fees, royalties and other rights of every kind deriving from the trade mark property.. Definitions:. 'Land' has the same meaning as it has in section 205(1) of the law of property act 1925.. 'intellectual property' means:. (A) any patents, trade marks, service marks, designs, business names, copyrights, database rights, design rights, domain names, moral rights, inventions, confidential information, knowhow and other intellectual property rights and interests (which may now or in the future subsist), whether registered or unregistered; and. (B) the benefit of all applications and rights to use such assets of each group company (which may now or in the future subsist).
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.