Persons entitled
- The Governor and Company of the Bank of Ireland (The Security Trustee)
Amount secured
All monies due or to become due from bouverie no 2 limited to a junior creditor under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
Application of payments. If any payments or distribution of assets of an obligor of any kind or character are received by a junior creditor for or on account of all or any part of that junior debt before the relevant date, that junior creditor will hold such amount on trust absolutely for the benefit of the finance parties and shall transfer such payments to the finance parties to the payment of the senior debts. See the mortgage charge document for full details.