Persons entitled
- Aib Group (UK) P.L.C.
Brief description
In consideration of the bank giving time credit banking facilities or other accommodation to the mortgagor the mortgagor as beneficial owner hereby charges the deposit(s) by way of first fixed charge in favour of the bank as a continuing security for the repayment on demand of the indebtedness. “Deposit(s)” means any sum deposited or to be deposited by the mortgagor in the account(s) and any other sum or sums which are from time to time deposited by the mortgagor in the account(s) (in any currency) whether in addition to or by way of renewal of or replacement for any sums previously deposited in the account(s) together with all interest accruing from time to time in relation to the deposit(s). “Account(s)” means any deposit accounts(s) of the mortgagor held with the bank at any of its branches as well as any deposit account(s) of the mortgagor held with an associated company of the bank including (but not limited to) allied irish banks PLC.
Contains negative pledge.