Persons entitled
- Credit Suisse First Boston as Subordinated Security Agent for and on Behalf of the Beneficiaries (As Defined Therein)
Amount secured
Each of the charging companies has covenanted and guaranteed that it will on demand in writing made to it by the noteholders in accordance with the terms of the loan note instrument pay to the subordinated security agent for the account of each of the beneficiaries all moneys obligations and liabilities which shall for the time being be due from owing or incurred by it or by any other group company (including any other company) to each of the noteholders under the loan note instrument and whether on or after such demand whether actually or contingently whether solely or jointly with any other person whether as principal or surety and whether or not the relevant beneficiary was an original party to the relevant transaction including all interest commission fees charges costs and expenses which each beneficiary may in the course of its business charge or incur in respect of any company or its affairs and so that interest shall be computed and compounded in accordance with the loan note instrument (after as well as before any demand or judgment)
Short particulars
Properties as listed on the schedule attached to the form 395. fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.