Persons entitled
- Aib Group (UK) PLC
Amount secured
0
Short particulars
Debenture. 1. all the company's book debts and other debts revenues and claims present future and contingent (including choses in action which may give rise to a debt revenue or claim and the proceeds of insurance or a similar claim) due or owing of which may become due or owing to or purchased or otherwise acquired by the company and the realization of the same and the full benefit of all rights and remedies relating thereto including but not limited to any negotiable or non -negotiable instruments guarantees indemnities debentures legal and equitable charges and other security reservation of title or other proprietory rights, rights of tracing liens and all other rights and remedies of any nature whatsoever in respect of same. Note - the said debenture contained, inter alia, a covenant on the part of the company that it shall not (save with the prior consent in writing of aib group (UK) PLC) create any security affecting any of the above charged property which would rank in priority to or pari passu with the said debenture or enter into any agreement for the assignment or disposition of any pof the said charged property other than an assignment or sale in the ordinary course and for the purposes of carrying on the company's business.