Persons entitled
- Pearl Assurance Co
Amount secured
6000000
Short particulars
Mortgage debenture charge in favour of the trustee with the payment to the trust of the principal amount of the stock and interest thereon and all other moneys intended to be thereby secured by way of first floating charge over the undertaking and all the property and other assets both present and future of the company wheresoever situate (including any uncalled capital) nb. The power of the company to create or allow to subsist mortgages or charges ranking in priority to or pari passu with the floating charge above-mentioned is restricted in manner provided by the trust deed.