Persons entitled
- Sun Bank, National Association
Amount secured
The payment and performance of the obligations of alexander proudfoot U.S. holdings, inc. To sun bank, national association pursuant to a loan agreement dated 19 january 1994 in the total principal amount not to exceed $6,000,000.00 U.S. and all liabilities or obligations due of proudfoot PLC to sun bank, national association
Short particulars
That certain certificate of deposit issued by the bank to proudfoot PLC dated 15 november 1993 in the amount of the pound sterling equivalent of four and one half million united states dollars which said certificate of deposit is described in the security agreement as being "in the amount of the equivalent of $4,500,000.00 U.S. in british pounds sterling".