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PICTURE SECURITIES LIMITED

Company number 02160215

Loan agreement and charge

Created
8 March 1988
Delivered
21 March 1988
Status
Outstanding
Transaction Filed
Registration of a charge
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Persons entitled

  • Pierson Heldring and Pierson N.V.
  • Guinness Mahon & Co. Limited

Amount secured

$2,625,000 and the facility fee of us$ 50,000 and all other moneys due or to become due from the company to guiness mahon & co. Limited and pierson heldring and pierson N.V. under the terms of the charge.

Short particulars

All rights in the films and in the materials used. By way of fixed legal charge.by way of absolute assignment:- 1) the proceeds of all policies of insurance 2) the benefit of licence agreements 3) the benefit of all the licensor's and the designor's covenants warranties.