Crystallisation. The Charge will cease to operate as a floating charge and will operate as a fixed charge, and the licence under clause 1.5(a) will automatically and immediately be withdrawn: (a) in relation to all of a Chargor’s Floating Charge Property, if this document is enforced against that Chargor’s Charged Property; or (b) in relation to part of a Chargor’s Floating Charge Property, if:
Appears in 2 contracts
Samples: Implementation Agreement (Rio Tinto LTD), Implementation Agreement (Rio Tinto LTD)