Persons entitled
- Merita Bank LTD
Amount secured
All monies due or to become due from the company to the chargee under or in relation to the facility letter dated 2ND september 1996, each outward letter of credit and/or any related agreements and documents including (without limitation) reimbursement obligations, interest, fees, commissions and expenses
Short particulars
The assignor as beneficial owner assigns to the bank absolutely the contract rights under each of sale contracts (as defined) in favour of the bank for the discharge on demand of the assignor's liabilities (as defined). See the mortgage charge document for full details.