Persons entitled
- The Bank of New York
Amount secured
All monies due or to become due and the performance in full of all obligations of slm international,inc.(the grantor) to the bank of new york for itself and as trustee for the holders (as defined) under the senior secured note indenture dated 1 april 1997,the charge over shares and all other obligations of the grantor and the guarantors under the indenture and other loan documentation (as defined)
Short particulars
Grantor charges unto and grants to the trustee (for its own benefit and for the benefit of the holders) a security interest in all the grantor's right,title and interest in and to:the 200,000 ordinary shares of £1 each in the issued share capital of mitchel & king skates limited and any additional shares of,and all securities convertible into and warrants,options and other rights in purchase or acquire capital stock of the company and all additional shares and securities pledged in the future. See the mortgage charge document for full details.