Persons entitled
- National Westminster Bank PLC as Agent and Security Trustee of the Bank Creditors (The"Pledgee")
Amount secured
Any and all present and future sums, obligations and liabilities, whether actual or contingent, and whether owed jointly or severally or in any other capacity whatsoever, of the pledgor, the company (as defined) and the other facilities borrowers (as defined), if any to national westminster bank PLC as agent and security trustee of the bank creditors (the "pledgee") under or in connection with the credit agreement (as defined) and the working capital facilities letter (as defined) or any of the other financing documents (as defined) (including all liabilities of the pledgor under the agreement) together with all costs, charges, interest and expenses (including all internal administrative and personnel costs) incurred by the bank or the other bank creditors in connection with the enforcement and preservation of their rights under of in connection with the credit agreement, the working capital facilities letter or any of the other financing documents (the "secured liabilities")
Short particulars
The pledgor pledges a first priority security interest in all of the pledged collateral (as defined) (together with all rights and privileges of the pledgor with respect thereto) in which the pledgor may at the date of the agreement or thereafter have any right title and interest. Pledged collateral means-the shares, all cash securities dividends proceeds and other property at any time and from time to time received receivable or otherwise distributed in respect of or in exchange for any or all of the shares.. See the mortgage charge document for full details.