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Vienna

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  1. A charge means that the loan made by MSD was secured against the assets against which the charge was given - without it highly unlikely that the loan would have been given (too risky for lender) - the charge effectively secures the lenders position in the event of default- same way that a bank takes a charge over a property when it provides a mortgage. So if MSD aren’t repaid they take control of PP / Moor Farm (if those are the assets over which the charge is given) and obviously can choose to do with them what is in their best interest (sell, keep and lease etc)
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