Each chargor charged with full title guarantee in favour of the bond trustee (as bond trustee for the beneficiaries) with the payment and discharge of the secured obligations the benefit of all of its right title and interest to in and under all present and future (I) collateral agreements to real property: (ii)licences: (iii) eurostar rent: (iv) rental income: (v) assigned accounts: (vi) chattels: (vii) insurance policies: (vii) property trust: (ix) eurostar lease:(x)department of transport guarantee: (xi) monetary claims.. See the mortgage charge document for full details.

The issuer will pay discharge and satisfy all obligations which it may at any time have to the law debenture trust corporation P.L.C. (the "bond trustee")(whether for its own account or as trustee for the beneficiaries) or any of the other beneficiaries (as defined) under or pursuant to the bonds and the transaction documents (as defined) and each of the property trustees will pay or procure the payment discharge and satisfy or procure the discharge and satisfaction of the new lease secured obligations (as defined) and all obligations which it may at any time have to the bond trustee (whether for its own account or as trustee for the beneficiaries) or any of the other beneficiaries under or pursuant to the property trustee guarantee and the other transaction documents to which it is a party