Common use of Fixed Charge Clause in Contracts

Fixed Charge. 2.1 The Pledgor on the terms of this Pledge hereby charges to the Pledgeholder by way of first fixed charge with full title guarantee and as a continuing security for the payment and discharge of the Secured Obligations, all of the Pledgor's rights to and title and interest from time to time in the Collateral. 2.2 The value of the Collateral shall not during the term of this Pledge be less than 00 (xxxxxx) xxxxxxx Xxxxxx Xxxxxx Dollars unless otherwise directly provided by this Pledge Agreement (the "Collateral Value").

Fixed Charge. 2.1 The Pledgor on the terms of this Pledge hereby charges to the Pledgeholder by way of first fixed charge with full title guarantee and as a continuing security for the payment and discharge of the Secured Obligations, all of the Pledgor's ’s rights to and title and interest from time to time in the Collateral. 2.2 The value of the Collateral shall not during the term of this Pledge be less than 00 (xxxxxx) xxxxxxx Xxxxxx Xxxxxx 78 million United States Dollars unless otherwise directly provided by this Pledge Agreement (the "“Collateral Value"”).

Fixed Charge. 2.1 The Pledgor on the terms of this Pledge hereby charges to the Pledgeholder by way of first fixed charge with full title guarantee and as a continuing security for the payment and discharge of the Secured Obligations, all of the Pledgor's ’s rights to and title and interest from time to time in the Collateral. 2.2 The value of the Collateral shall not during the term of this Pledge be less than 00 (xxxxxx) xxxxxxx Xxxxxx Xxxxxx Dollars unless otherwise directly provided by this Pledge Agreement (the "“Collateral Value"”).