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CHUBB CAPITAL VII LIMITED

Company number 03265185

Lloyd's security and trust deed (letter of credit and bank guarantee) (long term business)

Created
31 December 1996
Delivered
8 January 1997
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • The Trustees, Lloyd's, and Certain Other Persons or Bodies (As Further Defined on Form M395)

Amount secured

Any losses claims returns or premiums reinsurance premiums and other outgoings payable as at the date of the trust deed or at any time thereafter to become payable in connection with the underwriting (as defined in the trust deed) and any expenses whatsoever from time to time incurred in connection with or arising out of the underwriting (such expenses excluding any non- deductible item (as defined in the trust deed) but including any annual fee commission other remuneration and reimbursement of outlays payable by the company to any of the company's agents or lloyd's or to the regulating trustee or except where so excluded to any other person in connection with the conduct or winding-up of the underwriting and including also any fiscal liabilities incurred in or by reason of the underwriting or in respect of the property mortgaged or charged or its income) and the other amounts and obligations referred to in the trust deed

Short particulars

All future profits of the underwriting business of the company at lloyds' subject to any prior charge contained in the trust deed. All money or other property and all accumilations of income and investments and other property arising from the above at the date of the trust deed.