Persons entitled
- Absa Bank Limited Acting as Agent (The "Agent") Arranger (the "Arranger")and Security Agent (the "Security Agent") of the Deed)
Amount secured
All monies due or to become due from modern market retailing limited to the senior creditors (as defined) under the finance documents (as defined) on any account whatsoever
Short particulars
All and every benefit, payment, value, distribution or security in cash or in kind of, or on account of, any of the present and future obligations and liabilities (whether on account of principal, interest or other amount and whether actual or contingent and whether owed jointly or severally or in any other capacity whatsoever) of the company to the subordinated creditor or any part thereof at any time during the period beginning on 25 june 2001 and ending on the date upon which all the senior liabilities hae been unconditionally and irreocably paid and discharged in full.