Fixed Security Asset definition
Fixed Security Asset means any asset constituting Common Transaction Security other than a Dynamic Security Asset.
Fixed Security Asset means an Asset for the time being comprised within an assignment created by Clause 3.1 (Security Assignments) or within a mortgage or fixed charge created by Clause 3.2 (Fixed security) or arising on crystallisation of a floating charge whether under Clause 4 (Crystallisation) or otherwise and includes all Assets assigned, mortgaged or charged by the equivalent provisions in any Deed of Accession and Charge.