Persons entitled
- Royal Exchange Trust Company(As Securities Trustee)
Amount secured
The agregate of all moneys and other liabilities for the time being due or owing by the issuer (I) to the securities trustee or the class a noteholders, the class a couponholders, the class b noteholders or the class b couponholders under or pursuant to the trust deed, the deed of charge, the security interest agreement, the class a notes, the class b notes and the paying agency and agent bank agreement, (ii) to the originator under any receivables sale contract and the deed of charge, (iii) to the credit manager under the credit management agreement and the deed of charge, (iv) to the standby credit manager under the credit management agreement and the deed of charge and (v) to the swap counterparty under the interest rate exchange agreement and the deed of charge (the "obligations")
Short particulars
All right title interest and benefit in under and pursuant to the trust consituted by the declaration of trust dated 12 august 1996 executed by the receivables trustee (the "receivables trust) and all rights title interest and benefit in and to all moneys, rights, powers and property in relation to the receivables trust and all other trust property (as defined) deriving from any scottish completion trust declaration made on 21 october 1997. see the mortgage charge document for full details.