Persons entitled
- The Society Incorporated by Lloyd's Act 1871 by the Name of Lloyd's
Amount secured
All the underwriting obligations of the company as an underwriting member of the society (lloyd's) at any time before the termination date (being the 80TH anniversary of the date of the trust deed) including obligations to lloyd's and the trustees (as defined) and obligations arising in respect of any letter of credit ,guarantee or other security given to secure the performance of any of the said underwriting obligations in favour of the person giving such guarantee or other security
Short particulars
All moneys and other property at any time paid or transferred to under the direct or indirect control of the trustees and all accumulations of income and the investments and other property for the time being rrepresenting the same and all the future profits of the underwriting business at lloyds subject to any prior charge contained in the premiums trust deed. The monies or other property approved by the council of lloyd's and paid or transferred by the company to or under the direct or indirect control of the society. See the mortgage charge document for full details.