Persons entitled
- Morgan Grenfell & Co. Limited (The "Security Agent")
Amount secured
In favour of the chargee (the "security agent") as agent and trustee for itself and each of the banks all monies due or to become due from each obligor to the lenders (or any of them) under each of the senior finance documents or any other document provided that no obligation or liability is included in the definition of "secured liabilities" to the extent that, if it were so included, the debenture (as supplemented by the "supplemental debenture") (or any part thereof) would constitute unlawfull financial assistance within the meaning of sections 151 and 152 of the companies act 1985
Short particulars
The company and sitex assign all their respective rights, title and interest (if any) in and to the additional relevant agreements on the same terms, mutatis mutandis, as are set out in the debenture (as supplemented by the "supplemental debenture") as if the additional agreement were set out in clause 4.1 (a) as relevant agreements.. See the mortgage charge document for full details.