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INDEPENDENT ENERGY HOLDINGS PLC

Company number 03170807

Subordination agreement

Created
21 October 1999
Delivered
9 November 1999
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • Barclays Bank PLC

Amount secured

All present and future liabilities of the obligors to the chargee (as agent and trustee for each of the finance parties, as defined therein) under or in connection with or on rescission of the senior credit areement (the "senior debt")

Short particulars

The subordination agreement provides that if: (a) a junior creditor receives a payment or distribution in respect of any of the junior debt (other than a permitted payment) from an obligor or any other source. See the mortgage charge document for full details.