Persons entitled
- Auto Funding No.3 PLC
Amount secured
All monies due or to become due from the company to the chargee under the afs credit warranty, the afs liquidity warranty, the lease receivables loan facility agreement or the afs securitisation charge (the "afs securitisation secured amounts")
Short particulars
Under clause 2 of the supplemental charge and subject to the floating charge set out in clause 3.1(iv) of the debenture) and subject to clause 4 of the afs securitisation charge, charged conveyed assigned and transferred (subject to subsisting rights of settlement or redemption of lessees) to the borrower all its rights title interest and benefit present and future in and to the lease receivables deriving from the lease agreements, (as definedin the lease receivables listing in appendix to the supplemental charge and all monies rights powers and property from time to time relating or deriving thereto.