Turbo Systems Engineering Limited

Igf Business Credit Limited

(I) by way of legal mortgage each property specified in schedule 2 which is set opposite its name;. (Ii) by way of equitable mortgage its real property, other than the property or properties specified in schedule 2;. (iii) all its plant and machinery listed in schedule 3 and the benefit of all its rights and claims against any person in respect of the design, construction, repair or replacement of the same;. (Iv) all its plant and machinery other than that listed in schedule 3 and the benefit of all its rights and claims against any person in respect of the design, construction, repair or replacement of the same;. (V) all its goodwill, unpaid and/or uncalled capital;. (Vi) all its intellectual property listed in schedule 4 which is set opposite its name;. (Vii) all its intellectual property other than that listed in schedule 4 and the benefit of all its rights and claims against any person in respect of the design, construction, repair or replacement of the same;. (Viii) all its securities;. (Ix) all loan capital, indebtedness or liabilities on any account or in any manner owing to it from any member of that chargor’s group;. (X) all amounts realised by an administrator or liquidator of that chargor upon enforcement or execution of any order of the court under part vi of the insolvency act 1986;. (xi) all its documents of title which at any time and for any purpose have been or may be deposited with igf and the property mentioned in such documents;. (Xii) all of its non-vesting debts to the extent not effectively assigned by way of security under clause 4.1(c);. (Xiii) all related rights pertaining to its non-vesting debts; docusign envelope id: 384A2191-86D0-8EC3-8160-7034E7AA8AC1. 10. (xiv) all of its other debts;. (Xv) all related rights pertaining to its other debts;. (Xvi) all monies in the accounts specified in clause 5.2(a) and in any other account in the name of that chargor under the control of or operated in accordance with the directions of igf.