Encumbrance City Commercial Insurance Company PCC Limited GUERNSEY over the assets of NEWPOINT FINANCIAL CORP. DE USA dated 06 Apr 2022 Ref. 202204068165472
Lender / Secured party/ies:
City & Commercial Insurance Company (PCC) Limited (GUERNSEY) and n/aDebtor / Grantor/s:
NEWPOINT FINANCIAL CORP. (DE, USA) and n/aSecured amount (USD$):
refer to the collateral for this information.Collateral:
Refer to the source document for precise wording, scanned with OCR and AI tools. - The Secured Party has received an irrevocable pledge and assignment of all rights and redemptions to the principal corpus of the United States Treasury registered under CUSIP: 912810QZ4, as per the Collateral Pledge Agreement between the Debtor and the Assigning Party dated December 28, 2021. This is further detailed in the senior secured notes numbered 0021-12-101. These rights were originally granted by the Grantor to the Assigning Party under the Collateral Pledge Agreement dated April 20, 2017, and subsequently amended on March 30, 2020. All original and revised UCC Financing Statements are on file as confirmed.
Analysis (Mark Smith's comments):
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