-
debenture is a medium- to long-term debt
instrument used by
large companies to
borrow money, at a
fixed rate of interest. The
legal term "
debenture"...
-
convertible bond,
convertible note, or
convertible debt (or a
convertible debenture if it has a
maturity of
greater than 10 years) is a type of bond that...
- DAF Trucks,
granted to
Stichting Ofasec a
mortgage debenture to
secure a loan,
containing a
floating charge. In 1993, the DAF
group collapsed, and Ofasec...
- over
working capital (
floating ****ets and investments).
Debenture Security interest Lien
Qualifying floating charge Voidable floating charge Although not...
-
discount debts without written consent. A
debenture holder gave the
company a
notice converting the
floating charge into a
fixed charge a w****
before a...
-
company granted a
debenture which contained an all-****ets
floating charge in
favour of H.
Yager (London)
Limited as chargee. The
debenture contained a fairly...
- not the
subject of a
floating charge. In
those days it was held that, when
there was a
debenture which gave the
creditor a
floating charge over the property...
-
Spectrum Plus Ltd.
Siebe Gorman, a
diving equipment company,
granted a
debenture in
favour of
Barclays Bank to
secure a loan. The do****ent was expressed...
- The
Inland Revenue,
which was a
major creditor,
argued the
debenture was
merely a
floating charge, so its
claim for tax owed took
priority over the bank...
-
floating charge debenture over a company’s ****ets to
collect in and
realise the ****ets of that
company and to
repay the
indebtedness to the
debenture...
