Floating Charges definition
Floating Charges means the two floating charges to be granted on the date hereof in favour of the Subscriber, one floating charge to be granted by Coda Octopus Products Ltd and the other by Coda Octopus R & D Ltd and “Floating Charge” shall mean whichever of the Floating Charges as the context admits;
Floating Charges means the two floating charges to be granted on the date hereof in favour of the Subscriber, one floating charge to be granted by Coda Octopus Products Ltd and the other by Coda Octopus R & D Ltd and “Floating Charge” shall mean whichever of the Floating Charges as the context admits
Floating Charges means each Original Floating Charge, each Second Floating Charge, each Invitel Technocom Floating Charge, each Invitel Telecom Floating Charge, each Invitel IH Floating Charge and any other floating charges created in favour of the Security Trustee pursuant to clause 25.2 (Additional Guarantors) or any other provision of this Agreement.
Examples of Floating Charges in a sentence
Debenture, Fixed and Floating Charges, dated as of December 20, 2013, between Valeant Holdings Ireland, as Chargor and Goldman Sachs Lending Partners LLC, as Collateral Agent.
The provisions of paragraph 14 of Schedule B1 Insolvency A▇▇ ▇▇▇▇ apply to the floating charges in clause 3.2 (Floating Charges), which shall be enforceable at any time on or after the Enforcement Date.
The Chargor hereby represents that to the Chargor's knowledge no event has occurred or circumstances arisen on or before the date of this Deed which has caused the crystallisation of the Existing Floating Charge[s] and the Chargor has taken no steps itself to crystallise the Existing Floating Charge[s].
In support of Cross Corporate Guarantees and indemnities, Venture will take Fixed and Floating Charges over the assets of Xcel Corporation Limited, Belix Power Conversion Limited and Belix Wound Components Limited.
Required Lenders hereby direct the Administrative Agent to enter into a Subordination Agreement with the Trustees of the Furmanite International Limited Pension Plan, subordinating the Lien of the Fixed and Floating Charges to the Lien of the Administrative Agent, upon terms and conditions satisfactory to the Administrative Agent.
More Definitions of Floating Charges
Floating Charges means the first priority floating charges creating security over all relevant assets, rights (including intellectual property rights) and revenues of each of the Issuer and the Guarantors from time to time and "Floating Charge" means any one of them.
Floating Charges means the Original Floating Charges, the Second Floating Charges, the HTCC Opco Floating Charge, the Invitel Telecom Floating Charge and any other floating charges created in favour of the Security Trustee pursuant to clause 25.2 (Additional Guarantors).
Floating Charges means the Original Floating Charges, the Second Floating Charges, the HTCC Opco Floating Charges and any other floating charges created in favour of the Security Trustee pursuant to clause 25.2 (Additional Guarantors).
Floating Charges means the Bond and Floating Charge granted by Brit Bit Limited in favour of the Governor and Company of the Bank of Scotland dated 2 June 1988 and registered 8 June 1988 and the Floating Charge granted by BBL Downhole Tools Limited in favour of the Governor and Company of the Bank of Scotland dated 8 June 2000 and registered 14 June 2000;
Floating Charges means the floating charges granted as security for the Secured Obligations by:
Floating Charges means the floating charges in favour of the Lenders granted or to be granted by Reach Ltd., Reach Global Networks Limited, Reach Networks Hong Kong Limited and Reach Networks Australia Pty Limited;
Floating Charges means the two floating charges to be granted on the date hereof in favour of the Subscriber, one floating charge to be granted by Coda Octopus Products Ltd and the other by Coda Octopus R & D Ltd and “Floating Charge” shall mean whichever of the Floating Charges as the context admits; 4 “Intercreditor Deed” means a deed entered into on or around the date of this Agreement among the Company, the Secured Party and FGI regulating the priorities of the various charges and security interests held by the Secured Party and FGI. “Loan Note Instrument means an instrument executed by Coda Octopus Group, Inc. on the date hereof creating USD 12,000,000 of secured, convertible loan notes. “Lock-up Agreements” means certain agreements entered into on or around the date hereof between the directors and board members of the Company (with certain exceptions) during the agreed period not to sell or transfer or otherwise disposed of any of their shares in the Company. “▇▇▇▇▇▇ & ▇▇▇▇▇▇ d/b/a Colmek Systems Engineering (“Colmek”), means a corporation incorporated and registered in the State of Utah with Company Number 689323-0142 and whose address is ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ and which is a wholly owned subsidiary of the Company. “Noteholder” means the person for the time being entered in the Register as a holder of any part of the Notes “Notes” means USD 12,000,000 Convertible Secured Loan Notes due 21 February 2015 constituted by this Instrument, or, as the case may be, the Principal Amount Outstanding represented by them, and each “Note” shall be for a nominal amount of USD 100,000; “Obligations” means all of the Company’s obligations under the Transaction Documents, in each case, whether now or hereafter existing, voluntary or involuntary, indirect, absolute or contingent, liquidated or unliquidated, whether or not jointly owed with others, and whether or not from time to time decreased or extinguished and later decreased, created or incurred, and all or any portion of such obligations or liabilities that are paid, to the extent all or any part of such payment is avoided or recovered directly or indirectly from the Secured Party as a preference, fraudulent transfer or otherwise as such obligations may be amended, supplemented, converted, extended or modified from time to time. “Permitted Encumbrance” means any Encumbrances referred to in Schedule 1.1(c). “Selling Shareholders” means the shareholders who sold the Colmek Shares to Coda Octopus (US) Hol...