Persons entitled
- Chemical Bank.
Amount secured
All monies due or to become due from yorkshire bank industrial leasing limited (ybil) to the chargee under the ybil facility letter & ybil security assignment both dated 21-2-85 & all monies due or to become due from the company to the chargee under the terms of the charge.
Short particulars
Absolute assignment by way of security of all assignors right, title, benefit & interest to & in (a) clause 6 (c) & 6 (d) of a principal agreement made in 21-2-85 between yorkshire bank PLC, the company & greater manchester passenger transport executive & (b) all those payments which the company may receive from the other parties to the principal agreement under or in connection with either the prncipal agreement or the banks deed of indemnity (being a deed of indemnity made by yorkshire bank PLC on 21-2-85 in favor of the company and yorkshire bank industrial leasing limited.