Persons entitled
- Lloyds Tsb Bank PLC
Amount secured
All monies due or to become due from met quarter development limited partnership to the chargee on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
If at any time prior to the expiry of the bank security period: a) the company receives or recovers a payment or distribution of any kind whatsoever in respect of or on account of any subordinated debt b) the company receives or recovers any proceeds, c) development limited partnership makes any payment or distribution of any kind whatsoever in respect of or on account of the purchase of other acquisition of any subordinated debt the recipient or beneficiary of such payment will pay all such amounts to the bank. See the mortgage charge document for full details.