Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Chargor definition

What does Chargor mean? The chargor is the party (individual or company) that grants a charge over its assets to secure a debt or other obligations, in favour of a chargee or security trustee. The term is descriptive and widely used in finance and property practice (for example, in debentures and facility agreements) rather than defined by statute, though it is often defined within the security document itself. Key features: the chargor remains the legal owner of the charged asset unless and until enforcement; it may create fixed or floating charges; and it typically covenants to pay the secured liabilities, preserve and insure assets,...

Deed of multi-chargor fixed share charge over shares, investments and related rights for syndicated facilities, with security agent acting as trustee and accession mechanics (England and Wales)

Published by a LexisNexis Banking & Finance expert

Precedents

This Deed is entered into on [ insert date ] 20[ insert year ].

Parties

THE COMPANIES named in Schedule 1 (each a Chargor and, collectively, the Chargors); and
[ insert name of Security agent ], as security agent and trustee for the Finance Parties, on the terms and conditions set out in the [ Facilities Agreement OR Intercreditor Agreement OR security Trust Deed ] (the Security Agent).

Recitals:

(A) The Finance Parties have agreed to make available loan facilities on the terms and conditions contained in the Facilities Agreement (as defined below).
(B) It is a condition precedent to the availability of the loan facilities that each Chargor executes this Deed for the purpose of granting security in favour of the Security Agent in respect of the Secured Obligations (as defined below)...

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Web page updated on 22/05/2026

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