Persons entitled
- Barclays Bank PLC
Amount secured
All monies due or to become due from the company to the chargee on any account whatsoever but notwithstanidng anything herein contained to the contrary it is hereby expressly stipulated that this deed of charge shall be security only for our liability to the chargee under the terms of a counter indemnity dated 9TH september 1998 in respect of a letter of credit issued by the chargee in favour of chemitex S.A.
Short particulars
Bid number 25457597. the charge creates a fixed charge over all the deposit(s) referred to in the schedule to the form 395 (including all or any part of the money payable pursuant to such deposit(s) and the debts represented thereby) together with all interest from time to time accruing thereon it also creates an assignment by the chargor for the purposes of and to give effect to the security over the right of the chargor to require repayment of such deposit(s) and interest thereon.