Persons entitled
- British Linen Shipping Limited
Amount secured
All monies due or to become due from the company to the chargee unser the terms of the lease purchase master agreement dated 31 december 1990 and this charge and the other documents as defined therein.
Short particulars
A) first fixed legal mortgage over such title property and interest as the company may have in the equipment (as defined in the chattel mortgage) (if any) in favour of the bank;and b)assigns absolutely to the bank the proceeds of all olicies of insurance now or in the future taken out by the company in respect of the equipment and the benefit of all options and rights devolving upon the company under any such policy of insurance shall accrue to the bank.