£4,950,000 10% Fixed Rate A Secured Loan Notes 2028
£4,750,000 10% Fixed Rate B Secured Loan Notes 2028
£3,931,820 10% Fixed Rate C Secured Loan Notes 2028
The Company covenants with the Noteholders that it will on the date falling 5 years and 1 day from (and excluding) the date of this Instrument, or such earlier date as the Notes are due to be redeemed as provided in this Instrument, pay to the Noteholders the principal amount of the Notes then outstanding plus any Interest accrued to the date of repayment.
The Company covenants with the Noteholders that it will pay Interest (subject to deduction of tax at the applicable rate) from the date of issue of the Notes until redemption in full of the Notes on the principal amount of the Notes then outstanding at the rate per annum and at the times and otherwise in the manner provided in the agreement.