MILCO HOLDINGS LIMITED

1) by way of a first legal mortgage all estates or interests in any freehold or leasehold property owned by the company and all rights under any license or other agreement or document which gives the company a right to occupy or use such property including any freehold or leasehold property specified in the schedule to the debenture, together with all present and future buildings and fixtures (including trade and tenants fixtures) which are at any time on or attached to the property; and. 2) (to the extent that they are not the subject of a mortgage under (1) above) by way of first fixed charge: (I) all estates or interests in any freehold or leashold property owned by it and all rights under any license or other agreement or document which gives the company a right to occupy or use the property; (ii) the benefit of all other agreements relating to land which the company is or may become party to or otherwise entitled; (iii) all of its rights in respect of any patents, utility models, copyright, registered and unregistered rights in designs, registered and unregistered trade and service marks, rights in passing off and database rights in each case now or in the future held by the company (whether alone or jointly with others) anywhere in the world and including any extensions and renewals of ordinary application for such rights; and (iv) all the company’s rights in relation to trade secrets, confidential information and know-how in any part of the world.

2.1 as continuing security for the payment and/or discharge of the secured liabilities, the chargor with full title guarantee charges to lbcf:. 2.1.1 by way of legal mortgage, the property (if any) described in schedule 1;. 2.1.2 by way of fixed charge any freehold or leasehold property (excluding any property charged by clause 2.1.1) now and in the future owned by the chargor or in which the chargor may have an interest;. 2.1.10 by way of fixed charge, all the chargor’s intellectual property from time to time not disposed of in the ordinary course of the chargor’s business;.

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.