Persons entitled
- Kevin Beatty and Jeanie Beatty
Brief description
As a continuing security for the payment and discharge of the secured liabilities, the borrower with full title guarantee assigns to the lender absolutely, subject to a proviso for reassignment on irrevocable discharge in full of the secured liabilities:. 3.1.1 the benefit of each loan note and the borrower’s (as noteholder) rights under each loan note; and. 3.1.2 the benefit of the borrower’s (as noteholder) rights under the loan note instrument,. Subject always to the provisions of the loan note instrument regarding the noteholder’s (as defined in the loan note instrument) right to enforce the terms of the loan note instrument.
Contains fixed charge.
Contains negative pledge.