Persons entitled
- The Governor and Company of the Bank of Ireland
Brief description
The chargor as legal and beneficial owner (with the intent that the security so constituted shall extend to all beneficial interests of the chargor in the charged property and to any proceeds of sale or other realization of the charged property or any part of it) and as a continuing security for the payment and discharge of secured obligations hereby mortgages and charges by way of first legal mortgage and fixed charge in favour of the bank, as security trustee for the secured parties, all of: -. (a) the shares: -. I) for which he certificates and other documents have been or are about to be deposited by the chargor with the bank as security trustee for the secured parties; or. Ii) represented by any certificate or other documents from time to time hereafter deposited by the chargor with the bank as security trustee for the secured parties or belonging to the chargor and received by the bank as security trustee for the secured parties after the execution hereof; and. Iii) which are de-materialised or uncertified (without prejudice to clause 5.2(h));. (B) the derivative assets;. (C) all dividends, interests and other income at any time hereafter deriving from any stocks, shares and other securities, rights, moneys or other property for the time being falling within sub-clauses (a) or (b) above or deriving from any investment of any such dividends, interests or other income; and. (D) all moneys, income and amounts received from the redemption of all or any part of the shares and/or the derivative assets.. Charge over 7 ordinary shares in ballymullan management company LTD.
Contains fixed charge.