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WAD HOLDINGS LIMITED

Company number 03341417

Deed of assignment of keyman life policies

Created
26 June 1997
Delivered
1 July 1997
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • The Governor and Company of the Bank of Scotland

Amount secured

All monies due or to become due from any group company (as defined) to the chargee in any manner whatsoever

Short particulars

The assignor assigned and agreed to assign with full title guarantee to the bank the policies and all monies including bonuses accrued or which may at any time hereafter accrue which shall become payable thereunder and the benefit of all powers and remedies for enforcing the same absolutely as a continuing security to the bank for the payment or discharge by the assignor on demand of the secured obligations subject only to the proviso for redemption contained in clause 4 of the deed. The policies-insurer-royal & sun alliance PLC, polciy no: RNF00038508A, life assured: brian keith sugden, sum assured: £200,000, term: renewable annually. Insurer: royal & sun alliance PLC, policy no: RNF00038509A: life assured: jeffrey allan dosser, sum assured: £200,000, term: renewable annually.. See the mortgage charge document for full details.