Persons entitled
- Mcneil Nutritionals Division of Mcneil-Ppc Inc (The Assignee)
Amount secured
The compliance by the company with its obligations in clause 2 of the security document (undertaking to comply) to indemnify the chargee immediately on demand in respect of any cost loss or liability suffered (directly or indirectly) by the assignee as a result of the company's failure to comply with any of its obligations under section 3 of the sucralose licence or as a result of any of its obligations under section 3 of the sucralose licence being or becoming unenforceable, invalid or illegal (all terms as defined)
Short particulars
Assigns all its present and future right title and interest in and to the ip rights including all moneys payable to the company. Fixed charge over the ip rights. By way of floating charge all its present and future right title and interest in and to the ip rights. See the mortgage charge document for full details.