Advanced company searchLink opens in new window

BALMUIR INVESTMENTS LTD

Company number 02875359

Subordination deed

Created
24 October 2002
Delivered
28 October 2002
Status
Satisfied on 20 November 2004
Transaction Filed
Registration of a charge (395)
    Image unavailable

Persons entitled

  • Wurttembergische Hypothekenbank Aktiengesellschaft as Agent and Trustee for the Finance Parties

Amount secured

All monies due or to become due from the company to any finance party under the terms of the aforementioned instrument creating or evidencing the charge

Short particulars

The company as the subordinated creditor under the subordination deed undertook to the agent that if any subordinated liability is discharged or purported to be discharged by payment repayment prepayment set-off or in any other manner in contravention of clause 2 (subordination) clause 3 (undertakings of the borrower) or clause 5 (undertakings of the subordinated creditor) of the subordination deed the company shall (if it actually receives the amount discharged or purported to be discharged) immediately pay it (up to a maximum of an amount equal to the senior liabilities) to the agent for application towards the senior liabilities and pending payment hold it (u p to that maximum) on trust for the agent. See the mortgage charge document for full details.

Additional transactions filed against this charge

Additional transactions filed against this charge (PDF links open in a new window)
Type(of transaction) Delivered(to Companies House on this date) View / Download(PDF file, link opens in new window)
Statement of satisfaction of a charge in full or part (403a) 20 November 2004 Image unavailable