Persons entitled
- Bank of Ireland
Amount secured
0
Short particulars
Floating charge - all obligations by way of first floating charge the whole of the company's undertaking and assets present and future. The charge contains a negative pledge whereby the company is required to ensure that neither it nor any of its subsidiaries for the time being, without the prior written consent of the security agent, shall create or permit to subsist any (a) mortgage, charge, pledge, lien or other encumbrance securing any obligation of any person, (b) any arrangement under which money or claims to, or the benfit of, a bank or other account may be applied, set off or made subject to a combination of accounts so as to effect discharge of any sum owed or payable to any person or (c) any other type of preferential arrangement (including any title transfer and retention arrangement) having a similar effect over all or any of its present or future revenues or assets except as permitted under the relevant documents.