PORT MERCANTILE LTD

1. by way of legal mortgage:. 1.1 all estates or interests in the freehold and leasehold property described in schedule 1 together with all present and future buildings, fixtures (including trade and tenant’s fixtures), plant and machinery which are at any time on such property;. 2. by way of fixed charge:. 2.1 all estates or interests in any freehold or leasehold property belonging to the company now or at any time after the date of this debenture (other than any property charged in terms of clause 2.1.1 in the debenture) together with all buildings, fixtures (including trade and tenant’s fixtures), plant and machinery which are at any time on the property;. 2.1.1 all present and future interests of the company in or over land or the proceeds of sale of it and all present and future licences of the company to enter upon or use land and the benefit of all other agreements relating to land to which it is or may become party or otherwise entitled and all fixtures (including trade and tenant’s fixtures) which are at any time on the property charged under the debenture;. 2.1.2 all present and future plant and machinery not otherwise charged under clause 2 of the debenture and all other present and future chattels of the company (excluding any of the same for the time being forming part of the company’s stock in trade or work in progress);. 2.1.3 all patents, patent applications, trade marks, trade mark applications, trading names, brand names, service marks, copyrights, rights in the nature of copyright, moral rights, inventions, design rights, registered designs, all trade secrets and know-how, computer rights, programmes, systems, tapes, disks, software, all applications for registration of any of them and other intellectual property rights held or to be held by the company or in which it may have an interest and the benefit of all present and future agreements relating to the use of or licensing or exploitation of any such rights (owned by the company or others) and all present and future fees, royalties or similar income derived from or incidental to any of the foregoing in any part of the world;.