Charging Company definition

Charging Company means Palm Global Operations Limited, details of which are given in the First Schedule, and includes (with effect from its execution and delivery of an agreement under which it accedes to the Debenture, or of a Debenture in terms similar to this Debenture) any company which subsequently adopts the obligations of the Charging Company and also (where the context permits) includes each or any of them;

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Charging Company the companies listed in Part 2 of Schedule 7 and any other Group Company which has executed the Debenture or any other Security Document or which has acceded to the Debenture or any other Security Document by executing a Supplemental Deed in accordance with clause 4; CHESSINGTON MORTGAGEE: as at the Effective Date, National Westminster Bank Plc as lender to Bell Microproducts Limited and as mortgagee of the Chessingt▇▇ ▇roperty in connection with such borrowings or such other bank or financial institution which may at any time refinance all or any part of such borrowings, provided that such bank or financial institution shall have entered into an intercreditor deed or other priority arrangement on terms and conditions mutually acceptable to such bank or financial institution, Bell Microproducts Limited and the Agent; CHESSINGTON ▇▇▇▇ERTY: all that freehold property registered under title number SGL 638201 and more particularly known as land and buildings at Fountain Court, Cox Lane, Chessington, Surrey KT9 1SJ; CLOS▇▇▇ ▇▇▇▇: ▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇;

Charging Company means each of:

Examples of Charging Company in a sentence

For the avoidance of doubt, any Additional Borrower shall, unless the Agent otherwise agrees, automatically be required also to become a Charging Company pursuant to clause 4, without the need for the Agent to serve a further notice in accordance with clause 4.
The Agent (acting on the instructions of the Lenders) may require that any Group Company becomes a Charging Company by giving to Ideal not less than 10 business days' notice, provided that any Group Company which has acceded to this Agreement as an Additional Borrower shall, unless the Agent otherwise agrees, automatically be required to become a Charging Company without the need for the Agent to serve a notice under this clause 4.
The obligations of each Charging Company under this Debenture shall be in addition to the covenants for title deemed to be included in this Debenture by virtue of Part 1 of the Law of Property (Miscellaneous Provisions) ▇▇▇ ▇▇▇▇.
The Agent shall notify Ideal and the Lenders promptly upon being satisfied that it has received all of the documents and other evidence specified in Schedule 9 in relation to the relevant Group Company and that each is in form and substance satisfactory to it, whereupon subject always to clauses 4.2.1 to 4.2.3 (inclusive) the relevant Group Company shall become a Charging Company.
The Charging Company shall forthwith notify the Agent of any agreement proposed or made by it (whether now subsisting or made hereafter) for the acquisition by it or any person on its behalf of any Land, or any estate or interest in any Land.
The restrictions contained in Sections 93 and 103 of the Law of Property Act 1925 shall not apply to this Debenture or to the exercise by the Interim Security Agent of its right to consolidate all or any of the Security created by or pursuant to this Debenture with any other Security in existence at any time or to its power of sale, which powers may be exercised by the Interim Security Agent without notice to any Charging Company on or at any time whilst an Enforcement Event is continuing.
The Agent (acting on the instructions of the Lenders) may require that any Group Company becomes a Charging Company by giving to BMUK not less than 10 business days’ notice, provided that any Group Company which has acceded to this Agreement as an Additional Borrower shall, unless the Agent otherwise agrees, automatically be required to become a Charging Company without the need for the Agent to serve a notice under this Clause 4 (Additional Charging Companies).
To the extent that the amount of any such payment shall on actual conversion into that currency fall short of that obligation or liability expressed in that currency, the Administrative Agents and the Collateral Agent shall have a further separate cause of action against the Charging Company and shall be entitled to enforce the security constituted by this deed to recover the amount of the shortfall.
If no Floating Charge Assets are so specified, it shall take effect over all Floating Charge Assets of the Charging Company.
If Agent or a Lender is required by any law, rule, or regulation or judicial process to disclose any Confidential Information, to the extent permitted by applicable law, it shall promptly give notice to Charging Company so that Charging Company may seek a protective order or other appropriate remedy.

More Definitions of Charging Company

Charging Company means any member of the UK Group which executes a fixed and floating Security Interest in substantially similar terms to the Guarantee and Debenture in favour of the Mezzanine Security Trustee;

Charging Company means the Additional Chargor and any other wholly-owned Subsidiary of the Guarantor which shall have charged in favour of the Bond Trustee any of its assets as security for the discharge of the Secured Obligations or which shall have paid to the Bond Trustee, so as to form part of the Specific Security, a sum of money and, in each case, which shall not for the time being have ceased to be a Charging Company pursuant to the provisions of the Bond Trust Deed;

Charging Company the companies listed in Part 2 of Schedule 7 (The Dormant Companies and the Guarantors) and any other Group Company which has executed the Debenture or any other Security Document or which has acceded to the Debenture or any other Security Document by executing a Supplemental Deed in accordance with Clause 4 (Additional Charging Companies);

Charging Company means the Company, Alpha Plus Group Limited, DV4 Properties Fulham Co. Limited and DV4 Properties (Pembridge Villas) Co. Limited and any Subsidiary of the Company, in each case which is the registered owner of, or holds title to, any Charged Asset.

Charging Company means each of the Initial Charging Companies together with any Group Company which is for the time being a party to any Security Document by reason of Clause 21.13.9 (Security from Non-Charging Companies);