Common use of Floating Charge Clause in Contracts

Floating Charge. 3.3.1 As further continuing security for the payment of the Secured Obligations, the Chargor charges with full title guarantee in favour of the Security Agent by way of first floating charge all its present and future assets, undertakings and rights, but excluding any Ringfenced Account.

Floating Charge. 3.3.1 (a) As further continuing security for the payment of the Secured Obligations, the each Chargor charges with full title guarantee in favour of the Security Agent by way of first floating charge all its present and future assets, undertakings and rights, but excluding any Ringfenced Accountrights together with all corresponding Related Rights including to the extent not effectively charged by way of fixed charge under Clause 3.1 (Specific Security) or assigned under Clause 3.4 (Security assignment).

Floating Charge. 3.3.1 (a) As further continuing security for the payment of the Secured Obligations, the New Chargor charges with full title guarantee in favour of the Security Agent by way of first floating charge all its present and future assets, undertakings assets and rights, but excluding any Ringfenced Accountrights together with all corresponding Related Rights including to the extent not effectively charged by way of fixed charge under Clause 2.3 (Specific Security) or assigned under Clause 2.5 (Security assignment).

Floating Charge. 3.3.1 As further continuing security for the payment of the Secured Obligations, the 3.1.1 The Chargor charges with full title guarantee charges in favour of the Security Agent (as Security Agent for itself and on behalf of the Secured Parties) as security for the payment and discharge of the Secured Liabilities by way of first floating charge all of its present and future assets, undertakings assets and rights, but excluding any Ringfenced Accountundertaking.

Floating Charge. 3.3.1 As further Each Chargor as continuing security for the payment payment, discharge and performance of the Secured Obligations, the Chargor Obligations charges with full title guarantee in favour of the Security Agent (as agent and trustee for the Secured Parties) with full title guarantee by way of first floating charge all its present and future assets, undertakings subject (and rights, but excluding without prejudice) to any Ringfenced Accountfirst legal mortgage or fixed charge created in respect of any such asset under Subclause 3.1 (Fixed Charges) or any assignment under Subclause 3.2 (Security Assignment).

Floating Charge. 3.3.1 (a) As further continuing security for the payment of the Secured Obligations, the Chargor charges with full title guarantee in favour of the Security Agent by way of first floating charge all its present and future assets, undertakings and rights, but excluding any Ringfenced Account.