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UNION PROPERTIES (KX) LTD

Company number 04817732

Deed of subordination

Created
30 June 2005
Delivered
20 July 2005
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • Northern Rock 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

Upon an insolvency event occurring in respect of the debtor the junior creditor will hold on trust for northern rock and pay over to the northern rock on demand any sums received by it in respect of the subordinated liabilities until all the senior liabilities have been repaid in full.