Persons entitled
- The Chase Manhattan Bank
Amount secured
All monies due or to become due from the company or the borrower or all other obligors to the chargee (the terms grantor, borrower and obligor are used herein as defined in the credit agreement (defined below)) under the debenture and under the second amended and restated credit agreement dated as of may 17, 1996 (as amended and as may be further amended or otherwise modified from time to time, the "credit agreement") made among ceco holdings, inc., The banks (as therein defined) and the chargee or under any other agreement referred to in the credit agreement as a "note" or "loan document", whether for principal interest fees costs charges expenses or otherwise incurred by any secured party (as defined in the debenture) in connection with the protection preservation or enforcement of rights and benefits thereunder or under the debenture
Short particulars
First floating charge over all of the collateral defined in the debenture as all exisitng and hereafter acquired inventory receivables records collateral account and proceeds all as defined in the debenture.