Persons entitled
- Royal Exchange Trust Company Limited
Amount secured
1. all monies and liabilities whatsoever from time to time due, owing or payable, present or future, by the issuer; (a) to the order of the trustee and/or any receiver under the deed of charge dated 14 may 1999 (b) under or in respect of the notes and the coupons; and (c) to the trustee on any account whatsoever arising under any of the transaction documents; 2. all monies and liabilities whatsoever from time to time due, owing or payable to the interest rate swap counterparty and the basis swap counterparty under the interest rate swap agreement, the basis swap agreement and/or the deed of charge on any account whatsoever; 3. all monies and liabilities whatsoever from time to time due, owing or payable to the administrator under the administrator agreement and/or the deed of charge on any account whatsoever; 4. all monies and liabilities whatsoever from time to time due, owing or payable to britannia under the subordinated loan agreement and/or the deed of charge on any account whatsoever; 5. all monies and liabilities whatsoever from time to time due, owing or payable to MAS2 in respect of amounts of deferred consideration payable under each of the mortgage sale agreements subject to the provisions of schedule 2 of the administration agreement and/or the deed of charge on any account whatsoever
Short particulars
The whole right title and interest of the company in and to the beneficial interest in the scottish verso loans and the scottish mortgages pertaining thereto and to the whole benefit thereof and deriving thereunder, being the "scottish trust property" - for full details see form 395.