Persons entitled
- Calyon as Security Trustee
Amount secured
All monies due or to become due from the borrower to the finance parties on any account whatsoever
Short particulars
If the company receives any benefit payment value distribution or security in cash or in kind of the subordinated debt or any of the subordinated debt is discharge by set-off or the company received any distribution pursuant under the subordinated deed then the company will hold any such distribution on trust and pay the security trustee. See the mortgage charge document for full details.