Persons entitled
- Dg Bank Deutsche Genossenschaftsbank London Branch(The Agent) as Trustee for and on Behalf of Thebeneficiaries
Amount secured
All monies liabilities and obligations due owing or incurred by the borrower to the agent or any of the beneficiaries whether under the finance documents or otherwise
Short particulars
If the borrower makes any payment in cash or in kind on account of or for the purchase or other acquisition of all or any part of the subordinated indebtedness or any subordinated creditor receives all of any amount in cash or in kind of the subordinated indebtedness in contravention of clause 2 or clause 3 of the deed of subordination, the subordinated creditor concerned will hold the same on trust for the agent. See the mortgage charge document for full details.