Persons entitled
- The American Trustee
Amount secured
All losses, claims, expenses, returns of premiums, re-insurance premiums and other outgoings incurred or arising or which may at any time be incurred or arise in connection with the underwriting business of the company at lloyd's other than the long term business (as defined in the insurance companies act 1982) where (1) the liuability of the company in respect of such business in expressed in united states dollars ; and (2) the premium payable to or for the account of the company has been paid or is payable in united states dollars
Short particulars
Subject to exceptions specified in the trust deed (1) all premiums and other monies payable during the trust term to or to the account of the company in connection with it's american business other than american long term business at lloyd's (2) all assets transferred to the trustee to be held as part ot the trust fund (3) all investments and monies representing such premiums assets or other monies (4) all income from time to time arising fron any of the property charged.. See the mortgage charge document for full details.