Creation of Floating Charge. The Chargor, as beneficial owner and as security for the payment of all of the Secured Liabilities, charges in favour of the Agent by way of a first floating charge all its assets not otherwise effectively mortgaged or charged by way of fixed mortgage or charge by Clause 2 (Fixed Security).
Creation of Floating Charge. As security for the full and punctual payment or performance when due (whether at stated maturity, acceleration or otherwise) of the Secured Liabilities by the Company, the Company hereby, absolutely and unconditionally charges in favour of the Creditor by way of second ranking floating charge:
Creation of Floating Charge. The Chargor, as owner with full title guarantee in accordance with the Law of Property (Miscellaneous Provisions) Xxx 0000 and by way of a first floating charge, charges in favour of the Security Trustee (as trustee for the Secured Parties) as continuing security for the payment, discharge and performance of the Secured Obligations, all its undertaking, property, assets and rights (for the avoidance of doubt including, without limitation, all inventory, work in progress, raw materials, investment property and instruments) whatsoever and wheresoever both present and future to the extent such assets have not otherwise been validly and effectively mortgaged or charged pursuant to Clause 3 (Creation of Fixed Security) or Clause 4 (Assignments) (the “Floating Charge Assets”) provided that such Floating Charge Assets shall not include any First Mortgage Collateral.
Creation of Floating Charge. The Grantor, with full title guarantee and as further continuing security for the payment and discharge of the Secured Obligations, charges the Collateral in favor of the Secured Party by way of first floating charge.
Creation of Floating Charge. (a) The Chargor, as security for the payment of all of the Secured Liabilities, charges in favour of the Security Agent by way of a first floating charge all its assets not otherwise effectively mortgaged, charged or assigned by way of fixed mortgage or charge or assignment by Clause 2 (Fixed security).
Creation of Floating Charge. The Chargor, as beneficial owner, with full title guarantee, charges to the Security Trustee as security for the payment or discharge of all Secured Obligations, by way of first floating charge all its Assets, except to the extent that such Assets are for the time being effectively assigned by way of security by virtue of Clause 3.1 (Assignments) or charged by any fixed charge contained in Clause 3.2 (Fixed security), including any Assets comprised within a charge which is reconverted under Clause 4.4 (Reconversion), so that the Chargor shall not create any Security over any such Floating Charge Asset (whether having priority over, or ranking pari passu with or subject to, this floating charge) or take any other step referred to in Clause 6 (Negative pledge and other restrictions) with respect to any such Floating Charge Asset, and it shall not, without the consent of the Security Trustee, sell, transfer, part with or dispose of any such Floating Charge Asset (except by way of sale in the ordinary course of its business to the extent that such action is not otherwise prohibited by any Finance Document).
Creation of Floating Charge. (a) The Assignor charges with full title guarantee and as security for the payment of all Issuer Secured Liabilities, by way of first floating charge, all of its assets other than any assets at any time otherwise effectively charged or assigned by way of fixed charge or assignment under this Clause 3, other than the Issuer Corporate Administration Agreement and the Issuer Profit Account.
Creation of Floating Charge. The Chargor, with full title guarantee, charges to the Chargee as security for the payment or discharge of all Secured Obligations, by way of floating charge:
Creation of Floating Charge. 4.1 The Chargor, as security for the payment, performance and discharge of all the Secured Liabilities, charges in favour of the Agent (as trustee for the Secured Parties) by way of a first floating charge all of the Chargor’s undertaking and all its other property, assets and rights whatsoever, all the Stock of the Chargor, the Other Accounts of the Chargor and the property, assets and rights (including, without limitation, its Scottish Assets) not otherwise validly and effectively charged or assigned (whether at law or in equity) by way of fixed security pursuant to Clause 3 (Fixed Security).
Creation of Floating Charge. The Borrower, with full title guarantee and as security for the payment of all of the Secured Liabilities, charges in favour of the Bank by way of a first floating charge all of the Charged Assets to the extent (if any) not effectively assigned or charged by Clause 2 (Fixed security).
