Property restricting charging Clause Samples
Property restricting charging. For the avoidance of doubt, all and any Excluded Assets owned by the Chargor or in which the Chargor has any interest shall be excluded from the charge created by Clause 3.2 (Specific Security) and from the operation of Clause 4 (Further Assurance).
Property restricting charging. (a) There shall be excluded from the charge created by Clause 3.2 (Mortgages and Fixed Charges), the assignment created under Clause 3.3 (Assignments), the Floating Charge created by Clause 4 (Floating Charge) and from the operation of Clause 5 (Further Assurance):