Common use of Floating Charge Clause in Contracts

Floating Charge. (a) The Chargor charges by way of a first floating charge all its assets not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this Clause.

Appears in 4 contracts

Samples: Security Agreement (Yingli Green Energy Holding Co LTD), Security Agreement (GCL Silicon Technology Holdings Inc.), Execution Version Security Agreement

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Floating Charge. (a) The Each Chargor charges by way of a first floating charge all its assets whatsoever and wheresoever not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this ClauseDeed.

Appears in 3 contracts

Samples: Security Agreement (Manitowoc Foodservice, Inc.), Security Agreement (Manitowoc Foodservice, Inc.), Credit Agreement (Welbilt, Inc.)

Floating Charge. (a) The Each Chargor charges by way of a first floating charge all its assets not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this Clause.

Appears in 3 contracts

Samples: Security Agreement (Gates Global Inc.), Security Agreement (St. Augustine Real Estate Holding LLC), Security Agreement

Floating Charge. (a) The Each Chargor charges by way of a first floating charge all its assets not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment by way of security under this ClauseDeed, except for any assets which are the subject of any Security created by, under or pursuant to any other Transaction Security Document.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement

Floating Charge. (a) The Chargor charges by way of a first floating charge all its of those assets purported to be charged under Clauses 2.2 to 2.5 that are not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment assigned under this ClauseDeed.

Appears in 2 contracts

Samples: Security Agreement (Novelis Inc.), Security Agreement (Novelis Inc.)

Floating Charge. (a) The Each Chargor charges by way of a first floating charge all of its assets whatsoever and wheresoever not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this ClauseDeed.

Appears in 2 contracts

Samples: Security Agreement (Novelis South America Holdings LLC), Security Agreement (Novelis South America Holdings LLC)

Floating Charge. (a) The Each Chargor charges by way of a first floating charge (ranking only after the Senior Collateral) all its assets not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this Clause.

Appears in 2 contracts

Samples: Security Agreement (Gates Global Inc.), Security Agreement (Gates Engineering & Services FZCO)

Floating Charge. (aA) The Each Chargor charges by way of a first floating charge all its assets undertaking and assets, both present and future not at any time otherwise effectively mortgaged, mortgaged or charged or assigned by way of fixed mortgage, charge or assignment under this ClauseDeed.

Appears in 2 contracts

Samples: Supplemental Security Agreement (Freeline Therapeutics Holdings PLC), Security Agreement (Freeline Therapeutics Holdings PLC)

Floating Charge. (a) The Each Chargor charges by way of a first third floating charge all its assets (other than any Excluded Assets owned by it) not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this Clause.

Appears in 1 contract

Samples: English Security Agreement (Cushman & Wakefield PLC)

Floating Charge. (a) The Each UK Chargor charges by way of a first floating charge all its assets not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this Clause.

Appears in 1 contract

Samples: Credit Agreement (WisdomTree Investments, Inc.)

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Floating Charge. (a) The Each Chargor charges by way of a first floating charge all of its assets whatsoever and wheresoever not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this ClauseDeed.

Appears in 1 contract

Samples: Security Agreement (Mimecast LTD)

Floating Charge. (a) The Additional Chargor charges by way of a first floating charge all its assets not at any an time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this ClauseClauses 4.2 (Fixed Security) or 4.3 (Security Assignment).

Appears in 1 contract

Samples: Credit Agreement (WisdomTree Investments, Inc.)

Floating Charge. (a) The Chargor charges by way of a first floating charge all of its assets not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this ClauseClause 2.

Appears in 1 contract

Samples: www.clear-media.net

Floating Charge. (a) The 4.12.1 Each Chargor charges by way of a first floating charge all of its assets whatsoever and wheresoever not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, fixed charge or assignment under this ClauseClause 4.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cartesian, Inc.)

Floating Charge. (a) The Each Chargor charges by way of a first second floating charge all its assets (other than any Excluded Assets owned by it) not at any time otherwise effectively mortgaged, charged or assigned by way of fixed mortgage, charge or assignment under this Clause.

Appears in 1 contract

Samples: English Security Agreement (Cushman & Wakefield PLC)

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