Persons entitled
- The Chase Manhattan Bank
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 the borrower (as defined) to the existing lenders (as defined) under each exisiting lenders' finance document (as defined) except for any obligation which, if it were so included, would result in the security agreement contravening section 151 of the companies act 1985 (together the "secured liabilities")
Short particulars
By way of a second legal mortgage all the property specified in schedule 1 (in which none has been specified); by way of second fixed charge all plant and machinery, book and other debts, goodwill and uncalled capital; by way of a second floating charge all its assets not otherwise effectively mortgaged or charged by way of a fixed mortgage or charge. See the mortgage charge document for full details.