Persons entitled
- Kbc Bank Nv, London Branch (The Senior Creditor)
Amount secured
All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
Under the deed the chargor agreed (inter alia) that on the insolvency of the company it would pay or deliver any payment or distribution received to the senior creditor for application towards the senior liabilities. See the mortgage charge document for full details.