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CORK OAK HOLDING LIMITED

Company number 03601602

A subordination agreement between constructor dexion limited (the parent) dexion group limited dexion asia pacific limited dexion europe limited dexion international mactone limited aker rgi holding asa (the investor) and credit suisse first boston (the security trustee) as agent for the bank creditors pursuant to the terms of the credit agreement

Created
14 July 2000
Delivered
26 July 2000
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • Aker Rgi Holding Asa

Amount secured

All monies due or to become due from the company and/or all or any of the other group companies named therein to the chargee (investor) under the investor documents

Short particulars

The security trustee undertakes that if it receives an amount exceeding the bank liabilities upon enforcement of any or all of the security documents (as defined in the credit agreement) then it would pay such excess (which would be otherwise be owed to the parent) to the investor in satisfaction of the investor liabilities. See the mortgage charge document for full details.