Persons entitled
- Rheinhyp Rheinische Hypothekenbank Ag (Frankfurt Office)
Amount secured
All present and future obligations and liabilities (whether actual or contingent and whether owed jointly or severally or in any other capacity whatsoever and whether originally incurred by an obligor or by some other person) of each obligor to the chargee under each of the finance documents (the "senior liabilities")
Short particulars
The company as the junior creditor under the subordination deed has undertaken to the bank it will (if the junior creditor concerned actually receives the amount discharged or purported to be discharged) hold the same upon trust of the bank for application in or towards payment of all the senior liabilities and will promptly pay the same to the bank; (see form 395 for full details). See the mortgage charge document for full details.