Assets ceased/released
Part of the property or undertaking has been released from the charge
Persons entitled
- The Royal Bank of Scotland PLC
Amount secured
An advance of the sum of seven hundred and ninety three thousand nine hundred pounds sterling (£793,900.00)(including an amount to cover the banks facility fee legal fees and estimated interest relating to this facility) due or to become due from the company to the chargee for the production and completion of the feature film provisionally entitled 24 hour party people (the film)
Short particulars
Its right title and interest in and to the film the rights the materials required to be delivered to the sales consortium LTD pursuant to the sales agency agreement,the sales agency agreement the borrowers rights under the tfc agreement the wave agreement and any distributor agreement the proceeds of all policies of insurance in respect of the film all sums from time to time standing to the credit of the producer of the account all sums from time to time standing to the credit of the collection account by way of floating charge any and all of the borrowers rights and interest detailed in clause 1. see the mortgage charge document for full details.