Assets ceased/released
Part of the property or undertaking has been released and no longer forms part of the charge
Persons entitled
- Midland Bank PLC
Amount secured
All sums due or to become due
Short particulars
Undertaking and all property and assets present and future of the company 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