Persons entitled
- Bear, Sterns International Limited as Agent and Security Trustee for the Finance Parties
Amount secured
All monies due or to become due from each borrower to the finance parties on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
The company under the subordination agreement has undertaken to the agent that if: any 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 junior liabilities: or any junior creditor receives all or any amount in cash or in kind of the junior liabilities. See the mortgage charge document for full details.