Examples of Floating Charge Assets in a sentence
Floating Charge Assets without the prior consent of the Secured Creditor who holds the relevant floating charge other than in the ordinary course of business.
Following such a notice the Chargor shall not dispose of any of the Floating Charge Assets without the prior written consent of the Chargee.
Floating Charge Assets Driver and Vehicle Licensing Agency (‘DVLA’) receipts TVRL was responsible for arranging and paying the relevant fees for road fund licences in respect of the vehicles and a significant number of vehicle licence fees were prepaid to the DVLA at the date of Administration.
The Bank may conduct its own valuation of the Floating Charge Assets and rights of the Borrower or call for valuation thereof by a valuer and all expenses, fees and charges incurred in the valuation shall be borne by the Borrower.
Chargee may by written notice to the Chargor convert any floating charge created by this deed into a fixed charge as regards any of the Floating Charge Assets.