TITANIC OFFICE DEVELOPMENTS LIMITED

Northern Bank Limited

The chargor, as beneficial owner , charges by way of fixed charge, in favour of the lender, as security for the payment and discharge of the secured obligations, all of the chargor’s rights, title and interest from time to time in and to:. (I) the debt; and. (Ii) the related rights.. Definitions:. "The debt" means all money at any time standing to the credit of the blocked bank account, whether in sterling or any other currency and whether in addition to or by way of renewal or replacement for any sums previously deposited or otherwise, together with all interest accruing from time to time in respect of such money;. "Related rights" means all present and future rights, claims and interests in and to the debt;.