Persons entitled
- Cibc Bank Usa
Brief description
This security agreement contains charges over all of the chargor's rights in land, intellectual property and other assets.. - this security agreement envisages creation of legal mortgage over land in schedule 2 of the security document. However, schedule 2 sets out no details.. - this security agreement creates fixed charge over intellectual property set out at schedule 4 of the security document.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.
Chargor acting as a bare trustee for the property.