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Related to Pledge of Debenture.Debenture means debenture stock, mortgages, bonds and any other such securities of the Company whether constituting a charge on the assets of the Company or not.

Put simply, a debenture is the document that grants lenders a charge over a borrower's assets, giving them a means of collecting debt if the borrower defaults. Debentures are commonly used by traditional lenders, such as banks, when providing high-value funding to larger companies.

In a finance transaction, a debenture is a way for a borrower to grant a security interest in real property to a lender.It creates a promise to pay, a charge over the property and a floating charge over all present and future real and personal property of the borrower.

A debenture is a type of debt instrument that is not backed by any collateral and usually has a term greater than 10 years. Debentures are backed only by the creditworthiness and reputation of the issuer. Both corporations and governments frequently issue debentures to raise capital or funds.

When granting security for a loan, it is common for a borrower to assign to the lender the benefit of its rights under any agreements it has or will enter into. This includes specific agreements already in place and other agreements it might enter into from time to time.

A standard form deed of assignment under which a lender (the assignor) assigns its rights relating to a facility agreement (also known as a loan agreement) to a new lender (the assignee). The assignor will still have to perform any obligations it has under the facility agreement.

A debenture is a loan agreement in writing between a borrower and a lender that is registered at Companies House. It gives the lender security over the borrower's assets. Typically, a debenture is used by a bank, factoring company or invoice discounter to take security for their loans.

A debenture has been signed by a director of the company and by its secretary.My understanding is that the charges created are generally equitable and would only need to be executed as a deed (and signed by the lender) if the debenture were to create a fixed charge over future acquired land.

Who can grant debentures? It is generally thought that debentures cannot be granted by individuals or partnerships with no separate legal personality, especially in the context of floating charges (which are typically granted in debentures).

A debenture is a written agreement between a lender and a borrower which sets out the fixed and floating charges and details the terms and conditions. It is filed at Companies House and prevents other parties getting security against the assets in question, unless a Deed of Priority is created.