Charge over Receivables definition
Charge over Receivables means (i) a first legal fixed and floating charge over the Receivables (as defined therein) to be provided by the Chargor in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal fixed and floating charge over the Receivables (as defined therein) to be provided by Import It Corp in favour of the Chargee as security for Secured Indebtedness.
Examples of Charge over Receivables in a sentence
In this Supplemental Deed, unless the context otherwise requires or unless this Supplemental Deed expressly otherwise provides, all words and expressions as defined in the Charge over Receivables shall have the same meanings when used or referred to herein.