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LEHMAN BROTHERS HOLDINGS PLC

Company number 01854685

Subordination deed

Created
7 May 1999
Delivered
20 May 1999
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • Depfa Bank Ag

Amount secured

All present and future sums liabilities and obligations due or to become due from hackremco (no.1462) limited (the "borrower") to the chargee (the "lender") arising under on in connection with the senior credit agreement (as defined) and the other finance documents (as defined) (the "senior liabilities")

Short particulars

If any amount of subordinated liabilities is discharged by payment repayment prepayment set-off or in any other manner in contravention of clauses 2.1.1.3.2, or 5.2 of the subordination deed the company shall save for permitted paymets hold the amount recieved on trust for the lender. See the mortgage charge document for full details.