Persons entitled
- Mercedes-Benz Finance Limited
Amount secured
All monies due or to become due from the company to the chargee under the hire purchase agreements or lease agreements
Short particulars
1. by first fixed the following items of property ("the property"): (I) all sub-lease agreements ("the sub-lease agreements") entered into at and time by the company with customers of the company relating to goods now or hereafter owned by the company but let by mbf to the company under hire purchase agreements or lease agreements (collectively "the credit agreements") entered into at any time between mbf and the company; (ii) the full benefit and advantage of the moneys payable under the sub-lease agreements; (iii) the benefit of all guarantees and indemnities taken by the company in connection with the sub-lease agreements; and (iv) the benfit of all insurance effected by the company or by the customer(s) of the company pursuant to the terms of the sub-lease agreements in respect of the goods comprised therein.. See the mortgage charge document for full details.