Paytek Funding Iii Limited

Paragon Business Finance PLC

All the freehold and leasehold property now vested in the borrower and all rights relating to it; all estates or interests in any freehold or leasehold property in the future vested in the borrower (not otherwise effectively mortgaged in the lender's favour by clause 3.1) and all rights relating to it; all registered trademarks of the borrower present and future and all applications for them and the right to apply for any of them in any part of the world and all unregistered trademarks of the borrower present and future; the benefit (subject to the burden) of any and all present and future agreements, arrangement and licences in connection with the intellectual property; all the plant and machinery, equipment, fittings, installations and apparatus, furniture, furnishings, tools, motor vehicles and all other chattels and moveable assets (other than fixtures) of the borrower present and future and not regularly. Disposed of in the ordinary course of business and all associated warranties and maintenance contracts.