Assets ceased/released
Part of the property or undertaking has been released from the charge
Persons entitled
- The Secretary of State for Defence
Amount secured
Obligations ad factum praestandum and other liabilities pursuant to a munite of agreement
Short particulars
Such of the companys property and assetsm (whether heritable or moveable) from to time to time as are "relevant strategic assets" within the definition thereof in clause 3.6.5 of the said minute of agreement. Which is detailed further on continuation sheet.............see ch microfiche for more details.
Contains floating charge.
Restricting provisions
Companies are expressly prohibited from creating subsequent fixed securities having priority over or ranking equally with the floating charge