Advanced company searchLink opens in new window

GRACECHURCH UTG NO. 111 LIMITED

Company number 02864618

Charge in the terms of lloyd's kentucky joint asset trust deed (the "trust deed") effective from 1ST january 1996 itself constituted by an instrument dated 23RD february 1996

Created
23 February 1996
Delivered
11 March 1996
Status
Outstanding
Transaction Filed
Registration of a charge (395)
    Image unavailable

Persons entitled

  • The Trustee, Lloyd's, the Kentucky Attorney-in-Fact for Underwriters, All Policy Holdersand Certain Other Persons or Bodies (As Furtherdefined on Form M395)

Amount secured

(A) the payment of losses under any contract or policy which satisfies the definition of a kentucky policy in lloyd's kentucky trust deed (as amended from time to time), (a "kentucky policy"); (b) returns of unearned premium under a kentucky policy; (c) all expenditures and fees of the trustee (as defined in the trust deed and being, as at the date thereof, national city bank, kentucky, of louisville, kentucky, usa); (d) repayment of cash or securities advanced by the trustee to the trust held under the provisions of the trust deed; (e) certain transfers by the trustee to other trust funds or to the kentucky commissioner or other designated receiver; and for securing the other amounts and obligations referred to in the trust deed.

Short particulars

Cash, securities, letters of credit and other assets in the actual and sole possession of the trustee (or held by the trustee in the name of a nominee) and held under the provisions of the trust deed, and other property referred to in the trust deed.