Persons entitled
- Cumberland Building Society
Brief description
The company charges to the chargee, with full title guarantee and as continuing security for the liabilities owed or arising (both present and future) to the chargee by the company, the following:. 1. by way of first legal mortgage all interest in any property not already charged by way of first legal mortgage under any other deed to the chargee;. 2. by way of first fixed charge all interests in property (freehold or leasehold) equipment, plant machinery and vehicles, investments, insurance, book debt, goodwill and uncalled capital, intellectual property, agreements and associated benefits;. 3. by way of assignment as security, all insurances, agreements for dealings with property, all other agreements, bank accounts and associated benefits;. 4. by way of floating charge all assets and undertakings of the company not effectively charged by the above descriptions.
Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.