Assets ceased/released
Part of the property or undertaking has been released and no longer forms part of the charge
Persons entitled
- Bank of Scotland PLC
Amount secured
All monies due or to become due from the company to the chargee on any account whatsoever all sums due or to become due
Short particulars
Undertaking & all property & assets present & future, including uncalled capital.
Contains floating charge.
Restricting provisions
Companies are expressly prohibited from creating subsequent fixed securities having priority over or ranking equally with the floating charge