Jurisdiction(s):
United Kingdom

Chargee's Letter Certifying Non-Crystallisation of Floating Charge under Security Agreement and Consenting to Sale Free of the Floating Charge or to a Second Floating Charge

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[ ON HEADED NOTEPAPER OF CHARGEE ]

[ enter the name and address of the buyer/ second lender ] [ enter date ]

Dear [ enter organisation name ],

Re: [ Debenture OR Floating Charge ] dated [ enter date of agreement ] (the Security Agreement) between [ enter name of Chargor ] and us (the Chargee)

We confirm that [ to the best of our knowledge, information and belief ], on or before the date of this letter:
1. no circumstance has arisen that has resulted in, or would result in, the crystallisation of the floating charge constituted by the Security Agreement; and
2. we have not undertaken any action that has resulted in, or would result in, the crystallisation of the floating charge created under the Security Agreement.
[ We also consent to the sale of the [ enter description of asset ] free from the floating charge created by the Security Agreement. OR We also consent to the creation of a second floating charge over the [ enter description of asset ] subject to the floating charge created by the Security Agreement. ]

Yours faithfully

……………………………….

for and on behalf of [ enter name of Chargee ]...

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Web page updated on 22/05/2026

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