Persons entitled
- Hsbc Bank PLC
Amount secured
All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
Transfer of the benefit of the policy to the bank, (a) the company assigned and charged the policy together with its beneficial interest in it absolutely to the bank as continuing security for the payment and discharge of the debt, (b) if the debt and company's other liabilities under the deed are unconditionally and irrevocably paid or discharged and the bank is no longer under an obligation to provide any loan, credit, financial accommodation or other facility to the company, the bank will re-assign and release the policy;. See the mortgage charge document for full details.