Persons entitled
- The Land Authority for Wales
Amount secured
All monies due or to become due from the company to the chargee under the terms of the joint venture agreement
Short particulars
Pursuant to clause 2.1 of the agreement heron covenants that forthwith upon any disposal of the whole or any part of the heron land it shall forthwith upon receipt of the same and until the certificate of substantial completion for the plr pay all proceeds of sale into an interest bearing deposit account. Heron and law agree that beneficial ownership of the monies including interest standing to the credit of the escrow account shall be vested in heron and law.. See the mortgage charge document for full details.