Debenture

A standard form debenture created by a company incorporated in England and Wales in favour of a single corporate lender.

This standard document creates a mortgage over properties, fixed charges over a range of other assets and assignments by way of security over the benefit of contracts and insurance policies, together with a floating charge over assets not otherwise mortgaged, charged or assigned.

This standard document contains integrated drafting notes and negotiating tips.

For detailed information on legal issues that may arise when drafting a debenture, see Drafting note, About this document below.


 

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