This Deed is made on [insert day and month] 20[insert year]

Parties

1. 1

   [Insert name of Chargor], a company incorporated in England and Wales with registered number [insert company number] whose Registered office is at [insert address] (the Chargor); and

1. 2

   [Insert name of Lender] of [insert address] (the Lender).

Recitals:

1. 1. (A)

      The Lender has agreed to Make available a loan facility to the Chargor on the terms and conditions set out in the ‘Facility Agreement’ (as defined below).

   1. (B)

      It is a Condition precedent to the Availability of the loan facility that the Chargor enter into this Deed for the purpose of providing security in favour of the Lender in respect of the Secured Obligations (as defined below).

It is agreed as follows:

1. 1. 1

      Definitions and interpretation

      1. 1.1

         Definitions

         In this Deed, unless otherwise provided:

         Facility Agreement

         1. •

            means the facility agreement entered into on [the date of this Deed OR [insert date]] between the Chargor as borrower and the Lender as lender;

         Insurance Policies

         1. •

            means each of the insurance policies now or in the future held by or otherwise benefiting the Chargor in relation