Persons entitled
- Coutts & Company in Its Capacity as Agent and Trustee for the Secured Parties (As Defined)
Amount secured
The aggregate of all of the actual, contingent, present and/or future obligations and liabilities (whether joint or several or otherwise) of each of the borrowers (as defined) to the chargee under or pursuant to the financing documents (as defined) (the "secured obligations")
Short particulars
The assignor assigned with full title guarantee and agreed to assign absolutely its interest in and to the policies and the proceeds and the full benefit thereof as a continuing security to the security trustee as agent and trustee for the secured parties for the discharge on demand of the secured obligations. Policies means all and each of the insurance policies being:- name of life assured - kenneth wilfred mcculloch, date of policy - 10/12/96, sum assured - £1,000,000, term of policy - 3 years, assurance society - sackville life, policy number - 40589.. see the mortgage charge document for full details.