Persons entitled
- Deutsche Bank Ag, London Branch as Security Trustee for the Finance Parties
Amount secured
All monies due or to become due from each obligor to the group 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 company under the 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 acquistion of all or any part of the junior liabilities (other thana permitted payment, or any junior creditor receives all or any amount in cash or in kind of the junior liabilities (other than a permitted payment): by way ofpayment repayment prepayment set-off orin any other manner; or on account of the enforcement of any security or payment under any guarantee for any of the junior liabilites in each case the junior creditor concerned shall hold the same upon trust for the security trustee or application in or towards payment of all the senior liabilities and will promptly pay the same to the security trustee: promptly pay an amount equal to that discha. See the mortgage charge document for full details.