Persons entitled
- Hsbc Bank PLC
Amount secured
All monies due or to become due from the managing agent on behalf of each underwriter to the chargee (all terms as defined) under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
By way of first fixed charge all right title and interest of the dollar trustees in and to the moneys at any time thereafter standing to the credit of the dollar special account (including any thing in action of the dollar trustees in relation thereto) all right title and interest of the managing agent in and to all cash calls (if any) denominated in dollars by way of first floating charge all right title and interest of such underwriter in and to all such present and future reinsurance recoveries as are denominated in dollars and receivable on behalf of such underwriter and other members of the syndicate under the syndicates reinsurance programme. See the mortgage charge document for full details.