Restricted credit balances Clause Samples

Restricted credit balances. Each Chargor charges by way of first fixed charge (ranking only after the Senior Collateral) all of its rights in respect of any amount standing to the credit of any Restricted Account and the debt represented by it.
Restricted credit balances. The Chargor as beneficial owner charges by way of a first fixed charge all of its rights in respect of any amount standing to the credit of any Restricted Account and the debt represented by it.