Persons entitled
- National Westminster Bank PLC
Amount secured
By clause 2 of the principal deed, the company covenanted with the bank that it will duly and punctually pay or discharge to the chargee all debts, obligations and liabilities whatsoever on the date of the principal deed and from time to time (whether before or after the service of a default notice) due, owing or incurred by the company to the chargee (whether solely or jointly, or jointly and severally, with another or others, and whether as principal or surety, and whether actual or contingent, present or future) including (whether before or after any judgment) all interest, costs and other charges whatosever and including, without limitation, any such debts, obligations and liabilities which arise out of or in connection with the facility agreement, the principal deed, any assured payment by the chargee, any transfer of stock to the company by means of the cgo service, any transfer by a system-beneficiary to the company by means of the cgo service, any agreement to make any such transfer, or any issue of stock to the company by means of the gco service, whether such debts, obligations or liabilities are incurred by the company on its own account or on behalf of a system-beneficiary
Short particulars
1. the expression "effective date" is used in the supplemental security deed to mean the date on which crestco limited becomes the operator of the cgo service referred to below.. See the mortgage charge document for full details.