Persons entitled
- Morgan Guaranty Trust Company of New York, as Security Agent for the Secured Parties
Amount secured
All monies due or to become due from the company to the secured parties (as defined in the deed of charge) under the finance documents (as defined in the facility agreement dated 26TH january 1996) and by which the company has sub-charged, conveyed, transferred or assigned by way of security all its right, title, interest and benefits present and future in, under and to:- the mortgage sale agreement, the administration agreement and the subordinated loan agreement each dated 26TH january 1996 and any other finance document (as defined in the facility agreement); any mortgage loan and its related security (as defined in the mortgage sale agreement); all sums of money standing to the credit of any bank or other account in which the company may at any time acquire any right, title interest or benefit; and all investments and contracts of insurance in or under which the company has or may at any time acquire any right, title, interest or benefit and has charged, by way of floating charge, the whole of the company's undertaking and all its property and assets, present and future, other than any property or assets effectively charged by way of fixed charge, or otherwise effectively assigned as security by the deed of charge (but excepting from the foregoing exclusion the whole of the company's property, undertaking, assets and rights, present and future , situated in or governed by the law of scotland which are charged by such floating charge)
Short particulars
All right, title, interest and benefits of the company, present or future, in each of the mortgage loans. See the mortgage charge document for full details.