Persons entitled
- Midland Bank PLC as Trustee
Amount secured
All sums due or to become due
Short particulars
All balances standing to the credit of any of the company's accounts with any branch or office of any bank or financial institution (including any nominated bank, other beneficiary and/or the trustee) and all other book debts and other debts due or owing to it at the effective date or at any time during the continuance of the instrument of charge and the benefit of all rights, security and guarantees of any kind at any time enjoyed or held by it in relation thereto (but excluding any of such balances, book debts, other debts and any such benefit in respect of which the law governing the creation of fixed charges over the same is the law of scotland).
Contains floating charge.
Restricting provisions
Companies are expressly prohibited from creating subsequent fixed securities having priority over or ranking equally with the floating charge