Persons entitled
- The Bank of New York
Amount secured
All amounts owing by the company and the lender to the bank under or in respect of a credit agreement of even date
Short particulars
The lender will not without the prior written consent of the bank ask, demand, sue for, take or receive from the company by the set-off or in any other manner the subordinated debt nor any security therefor (any monies, now or hereafter owing by essanelle frisiersalans gmbh to essanelle limited - the subordinated debt).