Persons entitled
- Channel Four Television Corporation
Amount secured
All monies due or to become due from the company to the chargee under the production agreement including the sum of £1,051,585 advanced to the company by the chargee under the production agreement and any surplus production funds, underspend, amounts by way of damages for breach and the balances standing to the credit of the production accounts from time to time should an enforcement event occur (together "the debt") and the vesting in the chargee of the rights in the programme on the date specified in the production agreement
Short particulars
By way of first fixed charge and has assigned by way of security (where relevant by way of present assignment of future copyright and to the extent not already assigned to the chargee pursuant to the trust letter) on each case in favour of/to the chargee with full title guarantee throughout the universe the whole of the the company's undertaking, property, assets and rights, title and interest in and to the programmes... See the mortgage charge document for full details.