Persons entitled
- Lehman Brothers International (Europe)
Amount secured
All monies due or to become due from each obligor, each shareholder or the sponsor to the finance parties (or any of them) on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
The company has undertaken to the agent that if the borrower makes any payment for the purchase of the deferred consideration or receives any payment with respect to the deferred consideration the company shall hold the same upon trust for the finance parties or an insolvency event occurs in respect of city lofts (half tide dock) limited then any payment or distribution of any kind with respect to all or part of the deferred consideration will be held in trust. See the mortgage charge document for full details.