Persons entitled
- Ultimate Invoice Finance Limited
Brief description
(1) a legal mortgage on the properties (if any) specified in schedule 2 to the debenture (schedule 2 is blank).. (2) a legal mortgage on all properties owned by the company or in which the company has an interest.. (3) a fixed charge on all of the freehold and leasehold properties of the company not effectively mortgaged under clauses 4.1 (a) and 4.1 (b) of the debenture including such as may be acquired after the date of the debenture.. (4) a fixed charge on any other freehold and leasehold property which the company shall own.. (5) a fixed charge on all the company's intellectual property.. In interpreting the foregoing:-. "Fixtures" means, in relation to a property, all fixtures and fittings (including trade fixtures and fittings), fixed plant and machinery and other items attached to that property, whether or not constituting at law. "Intellectual properties" means (as specified in schedule 6 to the debenture) the qlog daqs transport system application together with all documentation relating to the same including (I) any data or software comprising the application including but not limited to executable software, compiled code and uncompelled source code, (ii) any proprietary or bespoke software or resources required by the application, (iii) the physical media on which any of the previously mentioned intellectual property is contained and (iv) (as defined in the debenture) all patents (including applications, improvements, prolongations, extensions and right to apply therefor) designs (whether registered or unregistered) copyrights, design rights, trade marks and service marks (whether registered or unregistered) utility models, trade and business names, know-how, formulae, inventions, confidential information, trade secrets and computer software programs and systems (including the benefit of any licences or consents relating to any of the foregoing) and all fees, royalties or other rights derived therefrom or incidental thereto in any part of the world.. "Property" means all freehold and leasehold property wherever situate (other than any heritable property in scotland), and includes all liens, charges, options, agreements, rights and interests in or over such property or the proceeds of sale of such property and all buildings and fixtures thereon and all rights, easements and privileges appurtenant to, or benefiting, the same and "properties" means all or any of the same, as the context required.. Notification of addition to or amendment of charge.
Contains fixed charge.