Common use of DE-CRYSTALLISATION Clause in Contracts

DE-CRYSTALLISATION. If the floating charge over any Security Assets ------------------ becomes fixed in accordance with Clause 3.4 (Crystallisation by Notice) or 3.5 (Automatic Crystallisation) it shall again become a floating charge over those Security Assets if the Security Agent gives the Company a notice in writing to that effect.

Appears in 2 contracts

Sources: Facility Agreement (Hawker Pacific Aerospace), Credit Agreement (Hawker Pacific Aerospace)