Persons entitled
- The Governor and Company of the Bank of Scotland in Its Capacity as Security Trustee on Behalfof the Finance Parties (The Security Trustee)
Amount secured
All monies due or to become due from any member of the group to any finance party, or any obligor to any hedge counterparty under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
Until after the discharge date, if the company receives or recovers ant intra-group recoveries exceptfor any permitted intra-group payments, it shall pay all such assets and monies received or recovered by it (the turnover receipts) to the security trustee for application in accordance with clause 10 (application of recoveries) of the deed. Pending such payment to the security trustee, the company shall hold the same on trust for application by the security trustee in accordance with clause 10 (application of recoveries) of the deed. See the mortgage charge document for full details.