Sentence examples for floating charges from inspiring English sources

Another characteristic of the UK insolvency framework is the existence of floating charges.

These facts, together with the existence of floating charges, lead us to expect a low incidence of foreclosures and a relatively low weight of mortgage loans (land and buildings) in firms' capital (asset) structures.

Numerous charging systems mentioned are: normal rate charge, accelerated charge, and permanent or floating charge.

They are designed to provide a long life on a constant voltage floating charge.

Spectrum Plus, they said, gave NatWest a floating charge over its debts and proceeds, not a fixed one.

With a floating charge, they must join the queue and face more risk of losing their money.

In January, the High Court said no: NatWest had only a floating charge, and the Siebe Gorman ruling had been wrong.

In Great Britain the right to a "floating charge," granted against its assets by a borrowing company to a lender, has the same effect.

The storage life for floating charge at 100% state of charge (SOC) and the full cycle-life at 3 C rate are predicted to be 10 years at 45 °C and 10,000 cycles, respectively.

Taking moves among many UK companies struggling with pension deficits to another level, Dairy Crest said it had granted a floating charge over £60m worth of its cheddar cheese stock, valued at £150m at the end of March.

Earlier this month the Court of Appeal in London said, in effect, that the House of Lords, Britain's highest court, should have the final say in a test case brought by National Westminster Bank about Spectrum Plus, to which it had given a secured loan.At issue is whether NatWest enjoys a fixed or a floating charge over Spectrum Plus's book debts and their proceeds.