Floating Charge Assets means the assets, property and undertaking of the Company over which a Secured Creditor has a floating charge as at the Appointment Date under the terms of a Security granted by the Company to the Secured Creditor;
Floating Charge Assets means those assets which are from time to time the subject of Clause 3.3 (Floating charge).
Floating Charge Assets means any part or parts of the Charged Assets subject to the floating charge contained in Clause 6.5 (Floating Charge);
Examples of Floating Charge Assets in a sentence
Such crystallisation shall take effect over such Floating Charge Assets or class or classes of Floating Charge Assets as shall be specified in the notice.
Such crystallisation shall take effect over the Floating Charge Assets or class of Assets specified in the notice.
The validity of these previous planning approvals has now expired.
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.
The Security Trustee shall, at the request and cost of any Chargor, execute such letters of non-crystallisation as may be reasonably necessary to permit any Permitted Disposal of the Floating Charge Assets.
More Definitions of Floating Charge Assets
Floating Charge Assets has the meaning given to it in Clause 5.1 (Creation of Floating Charge).
Floating Charge Assets means the assets of each Chargor from time to time expressed to be charged by this Deed by way of floating charge pursuant to Clause 3.4 (Floating Charge);
Floating Charge Assets means those assets of the Company from time to time subject to a floating charge pursuant to this Guarantee and Debenture;
Floating Charge Assets any part or parts of the Charged Assets subject to the floating charges contained in Clause 3.3 or Clause 3.4;
Floating Charge Assets acquired after Crystallisation: Except as otherwise stated in any notice given under Clause 3.2 (Crystallisation of Floating Charge) or unless such notice relates to all Floating Charge Assets, Floating Charge Assets acquired by the Charging Company after crystallisation has occurred under Clause 3.2 (Crystallisation of Floating Charge) or 3.3 (Automatic Crystallisation) shall continue subject to the floating charge created by Clauses 3.1 (Charging Clause), so that the crystallisation shall be effective only as to its Floating Charge Assets in existence at the date of crystallisation.
Floating Charge Assets means any of the Chargor’s assets charged by way of a floating charge under this Deed.