Persons entitled
- Spinnaker Capital Management Limited
Brief description
The greater of 1% of the net profit which the borrower receives from the agreement dated 11TH may 2020 made between the borrower (1) and the funder (2) or 5.28% of the total development profits received by the borrower in the havering development project under the terms of an option agreement dated 5TH july 2019 made between the parties therein named as varied by supplemental agreements dated 6TH january 2020 and 28TH february 2020.
Contains negative pledge.