Persons entitled
- Morgan Guaranty Trust Company of New York (As Trustee for Itself and the Holders of the Notes)
Amount secured
All monies due or to become due from thornbeam limited to the chargee under or in connection with any security documents (as defined)
Short particulars
The company agreed in the facility agreement to hold on trust and forthwith pay to the trustee for application in accordance with the trust deed any payment or distribution in cash or in kind received from the issuer other than moneys credited to the recoverable tax credit payments account. See the mortgage charge document for full details.