KWIK-FIT INSURANCE SERVICES LIMITED: Carichi

(1) by way of first legal mortgage, all of the specified real property and all other real property now vested in the company; (2) by way of first fixed charge all the company’s present and future right, title and interest in and to and the benefit of (but in the case of paragraphs (v) and (vi) of clause 3.1(b) of the debenture only if and to the extent the rights in question have not been effectively assigned pursuant to clause 4.1 of the debenture (assignments) or such rights have been effectively assigned but such assignment has not been perfected by the service of the appropriate notice): (I) to the extent not effectively charged pursuant to (1) above, all estates or interests in any real property (whether such interests are freehold, leasehold or licences) vested in, or acquired by, it.. For the purpose of this application for registration "specified real property" means (a) the real property identified in schedule 1 of the debenture (details of certain assets) (if any); and (b) all other real property legally or beneficially owned by the company which is designated as "specified real property" by the security agent and the company. "Real property" means (a) any freehold, leasehold or immovable property and all rights, easements and privileges from time to time attached thereto; and (b) any buildings and fixtures from time to time situated on or forming part of that freehold, leasehold or immovable property. "Fixtures" means in relation to any real property, all fixtures and fittings (including trade fixtures and fittings) and fixed plant, machinery and equipment and other items attached to the relevant real property whether or not constituting a fixture at law. "Secured parties" means each of the finance parties, any delegate and any receiver. "Finance party" means the agent, the arranger, the security agent or any lender under the facility agreement (as each is defined therein). "Delegate" means any delegate, agent, attorney or co-trustee appointed by the security agent. "Receiver" means a receiver and manager or any other receiver (whether appointed pursuant to this debenture or any statute, by a court or otherwise) of all or any of the secured assets and shall, where permitted by law, include an administrative receiver. "Secured assets" means all of the assets, rights, title, interests and benefits of the company from time to time subject to the security. "Security" means the security created or intended to be created by this debenture.

No land subject to a fixed charge but for the purpose of this application for registration "secured parties" means each finance party from time to time party to the facility agreement and any receiver or delegate.. "Finance party" means the agent, the arranger, the security agent or any lender under the facility agreement (as each is defined therein).. "Delegate" means any delegate, agent, attorney or co-trustee appointed by the security agent.. "Receiver" means a receiver or receiver and manager or administrative receiver of the whole or any part of the charged property (as defined in the facility agreement).

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.

Undertaking and all property and assets present and future of the company including uncalled capital.

Undertaking and all property and assets present and future of the company including uncalled capital.