Persons entitled
- The Governor and Company of the Bank of Scotland as Security Trustee
Amount secured
All sums due or to become due by the company, macdonald hotels limited and associate subsidiaries
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