Persons entitled
- Fina PLC
Amount secured
All monies due or to become due from the company to the chargee under or pursuant to the terms of firstly a supply contract dated 31ST may 1990 (as amended by an agreement between (1) fina (2) the company and (3) pdc fuels (chester) limited dated 8TH july 1992 and by a letter from fina to the company dated 20TH october 1995 entered into by the company and fina for the supply of fuel oils and, secondly, a supply contract dated 14TH september 1990 (as amended by a letter from fina to morrey oils limited ("morrey") dated 7TH march 1995 entered into by morrey and fina for the supply of fuel oils (which contract has been novated into the name of the company by a novation agreement dated 9TH may 1997) which agreements together are called "the contract"; and all costs, charges and expenses owed to or incurred directly or indirectly by fina in relation to the debenture and the said contract or in relation to the enforcement of the security constituted by the debenture or the said contract on a full and indemnity basis
Short particulars
I. By way of a second fixed charge all book debts and other monetary debts and claims now or at any time during the continuance of the security due or owing to the company and the proceeds thereof and the benefit of all rights relating thereto including (without prejudice to the generality of the foregoing), negotiable instruments, legal and equitable charges, reservation of property rights, rights of tracing and unpaid vendor's liens and similar associated rights ("the debts"); ii. And by way of a second floating security its undertaking and all its other property, assets and rights whatsoever and wheresoever situate present and future including but not limited to the property, assets and rights described in the above sub-clause (I) (if and insofar as the charges thereon herein contained shall for any reason be ineffective as fixed charges) and its uncalled capital for the time being.