o First is a debenture over all the assets of the Company (Land Club Bond 1 Ltd).
o Second, the lending of the Company will be against appropriate collateral provided by the purchase of assets.
o Third, a Security Trustee (Land Club Ltd) is appointed to act on behalf of Bondholders if the Company defaults. The Security Trustee acts solely on behalf of Bondholders.
This does not mean that investments are safe or guaranteed. Investors will only receive their investment back if the Company has assets to realise in the event of default.
For more detail on the security in place, please refer to the Bond Instrument for The Land Club Bond.