Charges

Security interests and charges registered against the company

1 Outstanding 0 Satisfied

Outstanding Charges

Debenture #1

Outstanding
30 Apr 1997
16 May 1997
  • Bankers Trustee Company Limited (the Security Trustee)

Fixed and floating charges over all undertaking property and assets present and future including goodwill book debts and uncalled capital. See the mortgage charge document for full details.

In favour of the chargee, the company as principal debtor has guaranteed to the security trustee prompt performance by autolink concessionaires (M6) PLC (autolink) of all its obligations under or in connection with the finance documents and the payment by autolink on the due date of the guaranteed amounts in accordance with the finance documents and has undertaken to the security trustee that if and each time that autolink does not make payment of any amount of the guaranteed amounts in accordance with the finance documents, the company shall pay to the security trustee the amounts not so paid upon first written demand by the security trustee. The company's liability shall not exceed the agreegate proceeds of sale or other disposition of and the income and other moneys received derived from the assets charged