Persons entitled
- Aib Group (UK) P.L.C.
Brief description
The benefit (but not the burden or the obligations in the material contract subject to the provisions of clauses 18 and 19 of the security assignment) of the material contract (including for the avoidance of doubt the right to receive payment of any monies due to the bank thereunder). Material contract: the jct IC2016 intermediate building contract 2016. dated 19 august 2020 made between (1) the borrower and (2) the counterparty in respect of the construction of 45 residential units including all associated site infrastructure, landscaping and curtilage works at hydepark road, mallusk, county antrim together with the conditions attached thereto.
Contains fixed charge.
Contains negative pledge.