Persons entitled
- Lehman Brothers International (Europe)
Amount secured
All monies due or to become due from the borrower to the senior finance parties under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
The company as a subordinated lender under the subordinated agreement has undertaken to the agent that if in breach of the terms of the subordination agreement: a) it receives any benefit payment distribution or security in cash or in kind in respect of or on account the subordinated debt or b) it receives the proceeds of enforcement of any security interest or guarantee in relation to the subordinated debt. See the mortgage charge document for full details.