Persons entitled
- Chemical Bankas Security Agent for the Beneficiaries)
Amount secured
All monies due or to become due from the company to the chargee (as security agent for the beneficiaries) pursuant to the facility agreement (as defined)
Short particulars
British gas PLC has assigned,pledged transferred to chemical bank as collateral security for prompt and complete payment and performance of the secured obligations all right title and interest of british gas PLC in and to the benefit of the management fees (see relevant form 395 and continuation sheets for full details).