Funding 2 Charged Property definition

Funding 2 Charged Property means the property, assets and undertakings of Funding 2 which from time to time are or are expressed to be mortgaged, charged, assigned, pledged or otherwise encumbered to, or in favour of the Funding 2 Security Trustee for itself and for the Funding 2 Secured Creditors under the Funding 2 Deed of Charge or any other Funding Transaction Document;
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Funding 2 Charged Property means the property charged by Funding 2 pursuant to the Funding 2 Deed of Charge;
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Examples of Funding 2 Charged Property in a sentence

  • The security conferred by the Funding 2 Deed of Charge constitutes a first priority security interest of the type described, and over the security assets referred to, in the Funding 2 Deed of Charge and the Funding 2 Charged Property is not subject to any prior or pari passu Security Interests.

  • A Receiver may give a valid receipt for any moneys and execute any assurance or thing which may be proper or desirable for realising any Funding 2 Charged Property.

  • A Receiver may settle, adjust, refer to arbitration, compromise and arrange any claim, account, dispute, question or demand with or by any person who is or claims to be a creditor of Funding 2 or relating in any way to any Funding 2 Charged Property, provided that, any such claim has priority to or ranks pari passu with this Deed.

  • A Receiver may bring, prosecute, enforce, defend and abandon any action, suit or proceedings in relation to any Funding 2 Charged Property which he thinks fit.

  • The Funding 2 Security Trustee shall not be under any obligation to insure in respect of any of Funding 2 Charged Property or to require any other person to maintain any such insurance.

  • Funding 2 represents to the Funding 2 Security Trustee that it is the beneficial owner of Funding 2 Charged Property and Funding 2 Charged Property are free of any Security Interests (except for those created by or under this Deed) and any other rights or interests (including any licences) in favour of third parties.

  • A Receiver may raise and borrow money either unsecured or on the security of any Funding 2 Charged Property either in priority to Funding 2 Security or otherwise and generally on any terms and for whatever purpose which he thinks fit.

  • A Receiver may form a Subsidiary of Funding 2 and transfer to that Subsidiary any Funding 2 Charged Property.

  • To the fullest extent allowed by law, any right, power or discretion conferred by this Deed (either expressly or impliedly) or by law on a Receiver may after Funding 2 Security becomes enforceable be exercised by the Funding 2 Security Trustee in relation to any Funding 2 Charged Property without first appointing a Receiver and notwithstanding the appointment of a Receiver.

  • A Receiver may take immediate possession of, get in and collect any Funding 2 Charged Property .