Persons entitled
- Halifax PLC
Amount secured
All obligations and liabilities of greenfour limited ("the debtor") to the chargee whether actual or contingent
Short particulars
The company will hold in a turnover trust (as in clause 4.1 of the deed) for and pay to the chargee for application towards all present and future liabilities of the borrower to chargee whether actual or contingent the following payments or distributions a). Any payment or distribution in cash or kind in respect of or on account of any of the junior debt (as defined) from the borrower or any other source b).the proceeds of any enforcement or realisation in cash or kind of any security or payment c). Any payment or distribution in cash or in kind made by the borrower or any of it's subsidiariiaries on account of the purchase or other acquisition of any of the junior debt where the junior debt means all obligations and liabilities of the debtor to the company and where the company comprises two persons the obligations and liabilities shall include to either such person actual or contingent present or future. See the mortgage charge document for full details.