Persons entitled
- Hsbc Invoice Finance (UK) LTD ("the Security Holder")
Amount secured
All monies due or to become due from the company to the chargee on any account whatsoever whether arising under an agreement for the purchase of receivables or otherwise
Short particulars
By way of fixed equitable charge all receivables purchased or purported to be purchased by the security holder pursuant to the agreement which shall fail to vest effectively and absolutely in the security holder ("the factored receivables") and in respect of the factored receivables all title property right or interest in any goods to which they relate and all guarantees indemnities insurances or securities given to or held by the company in respect thereto.