Persons entitled
- The Bank of New York Mellon Trust Company, National Association (Acting as Collateral Agent)
Brief description
Grant of security interest over the collateral, being all of the company's rights, title and interest in the retention (being each part of each advance and all subordinated notes subscribed by the company to or from the borrower under a warehouse credit agreement) and all funds held in the retention account, warehouse documents, retention financing documents and all proceeds of the foregoing items.
Contains negative pledge.