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BRIGHTBAY REAL ESTATE PARTNERS LIMITED

Company number 04469387

Subordination agreement

Created
30 September 2003
Delivered
14 October 2003
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • Mable Commercial Funding Limited

Amount secured

All monies due or to become due from each obligor to the finance parties (or any of them) under the terms of the aforementioned instrument creating or evidencing the charge

Short particulars

The company as a junior creditor under the subordination agreement has undertaken to the security trustee that if, any obligor makes any payment in cash or in kind on account of, or for the purchase or other acquisition of, all or any part of the junior liabilities, or any junior creditor receives all or any amount in cash or in kind of the junior liabilities.. See the mortgage charge document for full details.