Persons entitled
- Abbey National Treasury Services PLC
Amount secured
The company agrees to pay to the bank (a) all amounts due and owing from time to time unber the counter-indemnity agreement between the company and the chargee dated 23 march 2001 and the deed; and (b) all costs and charges and expenses (including legal fees) which the bank may incur in enforcing or maintaining its rights hereunder or in obtaining payment from the company or attempting to do so (all of which are together called the secured sums) amounts to be paid under paragraph (b) will be paid on demand. The bank's recourse in respect of amounts due under the deed is limited to the extent described in clause 4.7 of the counter indemnity
Short particulars
The company, as continuing security for the payment and discharge of all secured sums charges the deposit by way of first fixed charge in favour of the bank (all terms as defined).