Common use of CRYSTALLISATION OF FLOATING CHARGE Clause in Contracts

CRYSTALLISATION OF FLOATING CHARGE. 4.1 Crystallisation: By Notice The Administrative Agent may at any time by notice in writing to the Chargor convert the floating charge created by Clause 3.3 (Floating Charge) with immediate effect into a fixed charge as regards all or any property or assets of the Chargor specified in the notice if:

Appears in 1 contract

Samples: Richardson Electronics LTD/De

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CRYSTALLISATION OF FLOATING CHARGE. 4.1 Crystallisation: By Notice The Administrative Security Agent may at any time by notice in writing to the Chargor convert the floating charge created by Clause 3.3 3.2 (Floating Charge) with immediate effect into a fixed charge as regards all or any property or assets of the Chargor specified in the notice if:

Appears in 1 contract

Samples: Hertz Corp

CRYSTALLISATION OF FLOATING CHARGE. 4.1 Crystallisation: By Notice The Administrative Agent Security Trustee may at any time by notice in writing to the Chargor convert the floating charge created by Clause 3.3 (Floating Charge) with immediate effect into a fixed charge as regards all or any property or assets of the Chargor specified in the notice if:

Appears in 1 contract

Samples: Debenture (Edgen Murray PLC)

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CRYSTALLISATION OF FLOATING CHARGE. 4.1 3.1 Crystallisation: By Notice The Administrative Security Agent may at any time by notice in writing to the Chargor convert the floating charge created by Clause 3.3 2.5 (Floating Charge) with immediate effect into a fixed charge as regards all or any property or assets of the Chargor specified in the notice if:

Appears in 1 contract

Samples: Hertz Corp

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