Persons entitled
- The Chase Manhattan Bank (The "Trustee")
Amount secured
All monies and liabilities whatsoever which from time to time become due, owing or payable by the company to the order of the trustee and/or any receiver under the deed of charge, the trust deed or the conditions at the times and in the manner provided therein under or in respect of the notes to ambac under the premium letter or the insurance and indemnity agreement and to the trustee under the transaction documents and all monies payable to each of the other secured creditors in accordance with each of the other documents
Short particulars
The companys whole right title and interest in and to the beneficial interest in the additional scottish trust property as more fully defined in the supplemental declaration of even date with the charge made in favour of the company in terms of clause 5.10 of the mortgage sale agreement and in and to the supplemental declaration.