Persons entitled
- The Crown Estate Commissioners
Amount secured
The loss, damage or expense suffered by the crown estate commissioners as a result of any breach by the company of its obligations (which means the payment of all sums payable by the company and the observance and performance of all obligations by the company pursuant to the provisions of a lease dated 22ND august 1989), or of the company making good any such breach or of the disclaimer of a lease together with all professional costs and expenses and vat in connection with the foregoing
Short particulars
The account (meaning an account opended by the chargee in the chargee's name into which the sum of £17,310 is from time to time paid pursuant to the charge and all monies (including interest and other accruals) from time to time standing to the credit of such account) all sums which the company shall pay into the account equal to any sum or sums which the chargee may from time to time withdraw from the account all interests credited to the account but if there are no claims on the account the accumulated interest shall be paid to the company at quarterly intervals.