Persons entitled
- The Society of Lloyd's
Amount secured
All monies (including brokerage) for the time being standing to the credit of or, pursuant to lloyd's brokers byelaw (no 5 of 1988) (the "byelaw") required to be paid into an insurance broking account of the company, all approved iba assets of the company (all all assets which would be approved iba assets of the company but for the breach of or failure to observe any relevant condition or requirement prescribed under the byelaw) and all debts and obligations for the time being due owing or incurred to the company in respect of insurance transactions (the "insurance transactions assets")
Short particulars
All the company's insurance transactions assets (except any part thereof received by the company in trust for any person or persons) for the time being charged by way of first floating charge.