Stuart Hodge Corporate Lawyers
3 Temple Row West
CODA OCTOPUS (UK) HOLDINGS LIMITED
THE ROYAL BANK OF SCOTLAND PLC
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IT IS AGREED THAT:
DATE OF DEBENTURE
CODA OCTOPUS (UK) HOLDINGS LIMITED (Company Number 5834897) whose registered
office is at 14 Albany Road, Granby Industrial Estate, Weymouth, Dorset DT4 9TH (the “ Company
THE ROYAL BANK OF SCOTLAND PLC (Registered Number 90312) acting through its London
offices located at 135 Bishopsgate, London EC2M 3UR (the “ Subscriber ”);
Unless the context otherwise requires the following expressions shall have the following meanings
wherever used in this agreement and its introduction:
means the Insolvency Act 1986.
in relation to any document means the form agreed and for the purposes of
identification only initialled by or on behalf of COGI and the Subscriber.
means a day (excluding Saturdays, Sundays and any public holiday) on which
banks are open for business in London for the transaction of normal banking
means all of the undertaking, assets, rights, revenues and property (present and
future) of the Company charged to the Subscriber under paragraph 4 of this
Coda Octopus Group, Inc. incorporated in the State of Delaware, whose
principal place of business is at 164 West 25 th Street, New York, New York
means the carrying out by the parties of their obligations under Clauses 3.1 to
3.3 of the Subscription Agreement.
means the date hereof.