Persons entitled
- Nationwide Building Society as Agent and Trustte for the Finance Parties
Amount secured
All monies due or to becopme due from an obligor or by some other person of each obligor to the finance parties (or any of them) on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
The chargor as a junior creditor has undertaken to the agent that if 1.1.1 any obligor makes a payment on any account of, or for the purchase or other acquisition of, all or any part of the junior liabilities; 1.1.2 any junior creditor receives all or any amount of the junior liabilities: a) by way of payment, repayment, prepayment, set-off or in any other manner b) on account of the enforcement of any security or payment under any guarantee for any junior liabilities. See the mortgage charge document for full details.