Common use of Qualifying Floating Charge Clause in Contracts

Qualifying Floating Charge. (a) The floating Charge created by each of the Chargors pursuant to Clauses 5.1 (Guarantor floating charge) and 5.2 (Issuer floating charge) above is a "qualifying floating charge" for the purposes of paragraph 14.2(a) of Schedule B1 to the Insolvency Act.

Appears in 1 contract

Samples: www.thameswater.co.uk

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Qualifying Floating Charge. (a) The floating Charge charge created by each of the Chargors pursuant to Clauses 5.1 4.1 (Guarantor floating chargeCreation of Floating Charge) and 5.2 (Issuer floating charge) above is a "qualifying floating charge" for the purposes of paragraph 14.2(a) of Schedule B1 to the Insolvency ActXxx 0000.

Appears in 1 contract

Samples: Security Agreement (Gsi Group Inc)

Qualifying Floating Charge. (a) The floating Charge charge created by each of the Chargors any Chargor pursuant to Clauses Clause 5.1 (Guarantor floating chargeCreation) and 5.2 (Issuer floating charge) above is a "qualifying floating charge" for the purposes of paragraph 14.2(a) of Schedule B1 to the Insolvency ActXxx 0000.

Appears in 1 contract

Samples: www.lmpartners.com

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Qualifying Floating Charge. (a) The floating Charge charge created by each of the Chargors Chargor pursuant to Clauses 5.1 Clause 3.1 (Guarantor floating chargeCreation of Floating Charge) and 5.2 (Issuer floating charge) above is a "qualifying floating charge" for the purposes of paragraph 14.2(a) of Schedule B1 to the Insolvency ActXxx 0000.

Appears in 1 contract

Samples: Guarantee and Debenture (Summer Infant, Inc.)

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