SHOON (TRADING) LIMITED: Mortgages

1. security. 1.1 fixed charges. As security for the payment and discharge of the secured liabilities, the chargor with full title guarantee charges to the lender by way of first fixed charge (which so far as it relates to land in england and wales vested in the chargor as at the date of the debenture will be a charge by way of first legal mortgage and so far as it relates to other assets shall take effect as an equitable mortgage):. (A) land: all of its rights in any land (together the "mortgaged properties") in each case together with all of its rights in all buildings, structures, erections, fixtures and fittings (including trade fixtures and fittings) from time to time on any of the mortgaged properties and any proceeds of disposal of any of the mortgaged properties;. (B) chattels: all of its rights in any plant, machinery, vehicles, equipment and other chattels (but excluding its stock in trade or work in progress);. (C) goodwill: any goodwill and uncalled capital from time to time and all of its rights to future calls in respect of capital;. (D) other bank accounts: all of its rights in any credit balances on any other bank accounts and the indebtedness represented by them;. (E) other debts: all of its rights in its other debts;. (F) shares and other investments: all of its rights in its investments;. (G) intellectual property rights: all of its rights in its intellectual property;. (H) licences: all licences, consents and other authorisations held in connection with its business or the use of any secured assets and all of its rights in connection with them; and. (I) other documents: all of its rights in any agreements, reports and other documents from time to time relating to all or any part of the secured assets, other than those assigned by clause 3.2 of the debenture.. 1.2 assignments. As security for the payment and discharge of the secured liabilities, the chargor with full title guarantee assigns absolutely to the lender:. (A) insurance: all of its rights in its insurances, including those relating to the mortgaged properties, and in any insurance proceeds; and. (B) assigned document: all of its rights under the assigned document.. For the avoidance of doubt, the chargor will remain at all times liable in respect of all of its obligations under each of the assigned document to the same extent as if this security had not been created and neither the lender nor any receiver will be under any obligation or liability to the chargor or to any other person under or in respect of any assigned document.. 1.3 floating charge. As security for the payment and discharge of the secured liabilities, the chargor with full title guarantee charges to the lender by way of first floating charge the whole of its undertaking and other assets (other than assets validly and effectively charged or assigned (whether at law or in equity) from time to time pursuant to clauses 3.1 and 3.2 of the debenture by way of fixed security). Schedule B1, paragraph 14 ia shall apply to the floating charge contained in the debenture.. Definitions. All defined terms have the same meanings as set out in the attached debenture dated 23RD march 2015 entered into between shoon (trading) limited as chargor and tnui asset finance limited as lender.

Notification of addition to or amendment of charge.

Notification of addition to or amendment of charge.

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.. See image for full details.