Assets ceased/released
Part of the property or undertaking has been released from the charge
Persons entitled
- Canadian Imperial Bank of Commerce as Administrative and Collateral Agent and Trustee for the Banks
Amount secured
All present and future obligations and liabilities (whether actual or contingent and whether owed jointly or severally or in any other capacity whatsoever) of (I) each borrower (as defined) to any bank, the agent and any other agents or person under each credit document and interest rate agreement to which such borrower is a party and (ii) the company under the deed of variation and iii) all obligations (as defined in the credit agreement) except for any obligation which,if it were so included, would result in the deed contravening section 151 of the companies act, 1985
Short particulars
See form 395 dated 20 april 1998 in realtion to the security document and guarantee between the company and cibc dated 17 april 1998. see the mortgage charge document for full details.