the Second Charge definition
the Second Charge means the Legal Charge dated 21st October 2011 made between the Second Owner (1) and the Second Chargee (2) by which the Blue Land became charged with the repayment of certain monies to the Second Chargee.
Examples of the Second Charge in a sentence
Intairdril has consented to the Company creating the charge referred to in Section 1.04 hereof in favour of the Bank which shall in point of security rank after the First Charge and the Second Charge.
It is hereby agreed and declared with the express consent of Intairdril (which consent is annexed hereto) that this Charge shall rank in point of security after the First Charge created by the Company in favour of Intairdril and the Second Charge created by the Company in favour of the Bank.