Persons entitled
- Halifax PLC
Amount secured
All obligations and liabilities of greenfour limited (the "debtor") to the chargee whether actual or contingent
Short particulars
The company will hold in a turnover trust (as in clause 4.1 of the deed) for and pay to the chargee for application towards all present and future liabilities of the borrower to chargee whether actual or contingent the following payments or distributions a). Any payment or distribution in cash or kind in respect of or on account of any of the junior debt (as defined) from the borrower or any other source b).the proceeds of any enforcement or realisation in cash or kind of any any guarantee for any of the junior debt c). Any payment or distribution in cash or kind made by the debtor or any of it's subsidiaries on account of the purchase or other acquisition of any of the junior debt which means all obligations and liabilities of the debtor to the company and where the company comperises two persons the obligations and liabilities shall inclusde to either such person actual or contingent present and future.