Common use of Floating Charge Clause in Contracts

Floating Charge. (a) The Client, as a continuing security for the payment and satisfaction of all monies and liabilities under the Margin Facility Terms which are now or at any time hereafter may be due or owing to GTJAS together with interest, charges by way of a first floating charge all the Collateral not at any time otherwise effectively charged or mortgaged by way of a first fixed charge under Clause 3.1 (Fixed Charge).

Floating Charge. (a) The Client, as a continuing security for the payment and satisfaction of all monies and liabilities under the Margin Facility Terms which are now or at any time hereafter may be due or owing to GTJAS USL together with interest, charges by way of a first floating charge all the Collateral not at any time otherwise effectively charged or mortgaged by way of a first fixed charge under Clause 3.1 (Fixed Charge).

Floating Charge. (a) 25.2.1 The Client, as a continuing security for the payment and satisfaction of all monies and liabilities under the Margin Facility Terms which are now or at any time hereafter may be due or owing to GTJAS USPL together with interest, charges charges, free of all encumbrances and adverse interests, by way of a first floating charge all the Collateral not at any time otherwise effectively charged or mortgaged by way of a first fixed charge under Clause 3.1 25.1 (Fixed Charge).