Persons entitled
- Coutts & Co.
Amount secured
All monies due or to become due from the company to the chargee on any account whatsoever
Short particulars
(A) a specific equitable charge over the company's estate or interest in all freehold or leashold properties for the time being belonging to or charged to the company other than the property hereinafter described and the proceeds of sale thereof, (b) a specific charge over all stocks shares or other securities in any subsidiary companies for the time being, (c) a specific charge over all book and other debts for the time being but so that the company shall pay into the company's account with the bank all moneys which it may receive in respect of such debts and shall not without the prior consent in writing of the bank sell factor discount or otherwise charge or assign the same in favour of any other person or purport to do so and the company shall if called upon so to do by the bank from time to time execute legal assignments of such book debts and other debts to the bank, (d) a specific charge over its goodwill and the benefit of any licences, (e) a floating charge over the undertaking and all the other property and assets present and future but so that the company shall not without the bank's consent create any mortgage or charge ranking in priority to or pari passu with this charge, (f) a charge by way of legal mortgage over the undermentioned property and the proceeds of sale thereof.