Telebank Television Rentals Limited

All monies

ALL PRESENT AND FUTURE OLIGATIONS AND LI ABILITIES (WHETHER ACTUAL OR CONTINGENT AND WHETHER OWED JOINTLY OR SEVERALLY OR IN ANY OTHER CAPACITY WHATSOEVER) OF EA CH OBLIGOR (AS DEFINED) TO THE CHARGEE ( AS AGENT AND TRUSTEE FOR ITSELF AND EACH OF THE LENDERS) AND TO THE LENDERS (AS DEFINED) OR ANY OF THEM UNDER EACH OR AN Y OF THE SENIOR FINANCE DOCUMENTS AND T HE SUBORDINATED BRIDGE FINANCE DOCUMENTS (AS DEFINED) TOGETHER WITH ALL COSTS CH ARGES AND EXPENSES INCURRED BY ANY LENDE R IN CONNECTION WITH THE PROTECTION OR PRESERVATION OR ENFORCEMENT OF ITS RESPE CTIVE RIGHTS UNDER THE SENIOR FINANCE DO CUMENTS AND THE SUBORDINATED BRIDGE FINA NCE DOCUMENTS