Persons entitled
- Allied Irish Banks PLC
Brief description
As continuing security for the payment, discharge and performance of all the secured liabilities, the chargor, as legal and beneficial owner, charges by way of first fixed charge, all of the chargor’s present and future rights, title, benefit and interest in and to the account and the account balance, to the lender.. “Secured liabilities” means all present and future obligations and liabilities (whether actual or contingent and whether owed jointly or severally or in any other capacity whatsoever) of the chargor to the lender under the finance documents.. “Account” means the bank account opened in the name of the chargor and held with the lender having account number [ ] and iban [ ] as that account may be renumbered or redesignated from time to time.. “Account balance” means the balance from time to time standing in the credit of the account together in all interest herein and the debt represented hereby.
Contains negative pledge.