Persons entitled
- Samuel Montagu & Co. Limited
Amount secured
All monies due or to become due from the company to the finance parties under the finance documents
Short particulars
In consideration of the finance parties entering into the credit agreement &/or making advances under the credit agreement, each of the subordinated creditor and the company has covenanted with the agent and agreed and declared that the subordinated indebtedness is subordinated and subject in right of payment to the bank debt and accordingly until all the bank debt has been irrevocably and unconditionally paid and discharged in full. See the mortgage charge document for full details.