Advanced company searchLink opens in new window

POST INNS LIMITED

Company number 00042775

Subordination agreement

Created
22 November 2005
Delivered
5 December 2005
Status
Outstanding
Transaction Filed
Registration of a charge (395)
    Image unavailable

Persons entitled

  • Deutsche Bank (Portugal) S.A.

Amount secured

All monies due or to become due from the borrower 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 chargee that if any obligor makes any payment in cash or in kind on account of, or for the purchase or other acquisition of, all or any part of the junior liabilities; or any junior creditor receives all or any amount in cash or in kind of the junior liabilities, in each case the junior creditors concerned shall hold the same upon trust for the security agent for aplication in or towards payment of all the senior liabilities,. See the mortgage charge document for full details.