Persons entitled
- Royal Exchange Trustee Nominees Limited ("Security Trustee")
Amount secured
In respect of the security trustee in its capacity as such all monies, debts and liabilities due or to become due from the issuer under or in connection with the hedging security deed; in respect of fsa all obligations of the issuer to fsa under the issuer finance documents (as defined) in respect of the relevant bonds (as defined) including without limitation the obligations of the issuer under clauses 4.9 and 4.10 of the framework collateral deed (as defined) and all monies debts and liabilities due or to become due from the issuer to fsa under or in connection with the issuer insurance and indemnity agreement (as defined) in so far as it relates to the relevant bonds, but for the avoidance of doubt, not in respect of any such obligations relating to any bonds relating to a project if the conditions precedent set out in clause 3.4 of the framework collateral deed have been satisfied in relation to such project; and in respect of sbil or the fund, as the case may be all monies debts and liabilities due or to become due from the issuer to sbil under or in connection with the tripartite agreement and clauses 5 and 6 of the guaranteed returns contract (all as defined) (the "secured obligations")
Short particulars
The assets comprising the portfolio from time to time (if any) and all sums derived therefrom and all the issuer's rights attaching to or relating to the portfolio and all sums derived therefrom. See the mortgage charge document for full details.