Persons entitled
- The Secretary of State for Trade and Industry
Amount secured
All monies due or to become due from the company to the chargee pursuant to clause 4 and 5 of the shipowners agreement
Short particulars
Any moneys payable to the company in accordance with the terms of clause 9(a) of the deed of covenant being a deed of covenant to be entered into between the company and barclays bank PLC collateral to a second priority statutory mortgage over a vessel currently being constructed for the company at hepworth shipyard limited and k/a yard no. Rix 142.