Persons entitled
- Sovereign Business Finance Limited
Amount secured
All monies due or to become due from the company to the chargee
Short particulars
Assignment by way of security of:(1) all monies due and to become due to the company under the sub-hire agreements specified in the schedule to the certificate of assignment and (2) the benefit of all guarantees, indemnities, negotiable instruments and securities taken by the company in connection with the assigned agreements. The master assignment dated 20/07/99 contains a proviso for re-assignment to the company upon payment of all monies due to the chargee.