Variation of clause 5 (mortgage exclusion clause) of 98/01997/OUT - Clause 5 of the 14/09/1999 Nominations Agreement is a defective mortgage exclusion clause as there is no reference to a chargee, receiver, manager or administrative receiver. Clause 5 is to be deleted and replaced with the following new clause 5:- The Council and the Association agree that the provisions of this Agreement shall not be binding on a mortgagee or chargee (or any receiver (including an administrative receiver or an administrator (howsoever appointed)) appointed by such mortgagee or chargee or any other person appointed under any security documentation to enable such mortgagee or chargee to realise its security or any administrator (howsoever appointed) including a housing administrator (each a Receiver)) of the whole or any part of the Site or any persons or bodies deriving title through such mortgagee or chargee or Receiver to the intent that any such mortgagee or chargee or Receiver shall be able to sell all or part of the Site free from the foregoing rights and liabilities whereupon such rights and liabilities shall determine absolutely

Land Between The Causeway And Bryan House Known As Vine Cottages And 17 Causeway Bicester