Restricted credit balances. Each Chargor charges by way of 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.
Appears in 2 contracts
Samples: Security Agreement (Gates Global Inc.), Security Agreement (St. Augustine Real Estate Holding LLC)
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.
Appears in 2 contracts
Samples: Security Agreement (Gates Global Inc.), Security Agreement (Gates Engineering & Services FZCO)
Restricted credit balances. Each The Chargor 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.
Appears in 1 contract
Samples: Security Agreement (GCL Silicon Technology Holdings Inc.)
