Persons entitled
- The Governor and Company of the Bank of Scotland
Amount secured
All sums due in terms of the facility agreement
Short particulars
Property and undertaking of the company as may from time to time relate to the project including the site, all building and structures thereto, all design material and building materials thereon and the interest of the company under the contracts relative to the project.
Contains floating charge.
Restricting provisions
Companies are expressly prohibited from creating subsequent fixed securities having priority over or ranking equally with the floating charge