NEWBOLD POWER GENERATION LTD: Mortgages

  • Overview

    Company NameNEWBOLD POWER GENERATION LTD
    Company StatusDissolved
    Legal FormPrivate limited company
    Company Number 02437587
    JurisdictionEngland/Wales
    Date of Creation
    Date of Cessation

    Does NEWBOLD POWER GENERATION LTD have any charges?

    Charges
    ClassificationDatesStatusDetails
    Charge on cash
    Created On Nov 21, 1996
    Delivered On Dec 04, 1996
    Satisfied
    Amount secured
    In favour of the chargee the company's obligations under the charge on cash and payment of all secured liabilities
    Short particulars
    By way of absolute assignment all the depositor's rights title and interest in and to the assigned cash and the debts represented by the assigned cash.. See the mortgage charge document for full details.
    Persons Entitled
    • National Westminster Bank PLC
    Transactions
    • Dec 04, 1996Registration of a charge (395)
    • Sep 07, 2011Statement of satisfaction of a charge in full or part (MG02)
    Charge on cash
    Created On Nov 21, 1996
    Delivered On Dec 04, 1996
    Satisfied
    Amount secured
    In favour of the chargee the company's obligations under the charge on cash and payment of all secured liabilities
    Short particulars
    By way of absolute assignment all the depositor's rights, title and interest in and to the assigned cash and the debts represented by the assigned cash.. See the mortgage charge document for full details.
    Persons Entitled
    • National Westminster Bank PLC
    Transactions
    • Dec 04, 1996Registration of a charge (395)
    • Jun 29, 2011Statement of satisfaction of a charge in full or part (MG02)
    Intercreditor agreement
    Created On Nov 21, 1996
    Delivered On Dec 04, 1996
    Satisfied
    Amount secured
    Under and subject to clause 10 (proceeds of enforcement of security) of the intercreditor agreement, amounts paid to the chargee under the provsions referred to in the "short particulars of all the property mortgaged or charged" shall be applied against the following liabilities: (a) all cost, charges, expenses and liabilities (and all interest thereon as provided in the bank security) incurred by or on behalf of the facility agent or (subject to certain conditions) the lessor and any receiver or attorney, in each case, in connection with carrying out or puporting to carry out its duties and exercising its powers and discretions under the intercreditor agreement and the bank security or, as the case may be, the lessor security and the remuneration of every receiver under the bank security or, as the case may be, the lessor security; (b) the lessor debt; (c) the bank debt; and (d) any secured liabilities not referred to in paragraphs (a)-(c) (inclusive) above.
    Short particulars
    The intercreditor agreement provides that untill the later of the bank discharge date and the lseeor discharge date, the company shall not: (a) be subrogated to any rights, security or moneys held, received or receivable by any secured party or to be entitled to any right of contribution in respect of any payment made or money received on account of the secured liabilites;. See the mortgage charge document for full details.
    Persons Entitled
    • National Westminster Bank PLC as Security Trustee on Behalf of the Secured Parties, the Lessor,the Ngc Vat Creditors and the Junior Creditors Under the Terms of the Intercreditor Agreement (Or Any Sucessor to It in that Capacity)
    Transactions
    • Dec 04, 1996Registration of a charge (395)
    • Jun 29, 2011Statement of satisfaction of a charge in full or part (MG02)
    Intercreditor agreement
    Created On Sep 22, 1994
    Delivered On Oct 07, 1994
    Satisfied
    Amount secured
    (A) all costs, charges,expenses and liabilities (and all interest thereon as provided in the bank security) incurred by or on behalf of the facility agent or (subject to certain conditions) the lessor and any receiver or attorney, in each case, in connection with carrying out or purporting to carry out its duties and exercising its powers and discretions under the intercreditor agreement and the bank security or, as the case may be, the lessor security and the remuneration of every receiver under the bank security or, as the case may be, the lessor security; (b) the lesser debt; (c) the bank debt; and (d) any secured liabilities not referred to in paragraphs (a)-(c) (inclusive) above
    Short particulars
    The intercreditor agreement provides that until the later of the bank discharge date and the lessor discharge date the company shall not : (a) be subrogated to any rights security or monies held received or receivable by any secured party or be entitled to any right of contribution in respect of any payment made or money received on account of the secured liabilities; (b) except in respect of liabilities arising under, or as damages for the breach of, the turnkey construction contract, be entitled nor shall it claim to renk as creditor against the estate or in the bankruptcy or liquidation of a borrower in competition with any secured party or the lessor. See the mortgage charge document for full details.
    Persons Entitled
    • Union Bank of Switzerlandas Facility Agent and Security Trustee
    Transactions
    • Oct 07, 1994Registration of a charge (395)
    • Jun 29, 2011Statement of satisfaction of a charge in full or part (MG02)
    Charge on cash
    Created On Sep 22, 1994
    Delivered On Oct 06, 1994
    Satisfied
    Amount secured
    The company's obligations under the charge on cash and payment of all present and future obligations of humber power limited and humberland limited to the finance parties (as defined in the credit agreement dated 22ND september 1994) whether actual or contingent and whether owed jointly or severally or in any other capacity whatsoever
    Short particulars
    All the company's rights title and interest in and to the assigned cash being all sums of money deposited in the name of the company in the abb deposit accounts together with all interest thereon. See the mortgage charge document for full details.
    Persons Entitled
    • Union Bank of Switzerland, as Agent and Trustee for Each Finance Party
    Transactions
    • Oct 06, 1994Registration of a charge (395)
    • Jun 29, 2011Statement of satisfaction of a charge in full or part (MG02)

    Data Source

    • UK Companies House
      The official register of companies in the UK, providing public access to company information such as names, addresses, directors, and financial filings.
    • license: CC0