Persons entitled
- Lloyds Bank PLC
Brief description
The credit balance which, in relation to the revenue account, means: (a) the amount for the time being standing to the credit of the revenue account; and (b) any amount received by the account bank which, under any of the finance documents, the account bank is required to credit to that account but which the account bank has not yet credited to the revenue account; and (c) any interest accrued or accruing on an amount covered by paragraph (a) or (b), whether or not the interest has been credited to that revenue account. For more information on the charged property, please refer to the charging instrument.
Contains fixed charge.
Contains negative pledge.
Chargor acting as a bare trustee for the property.