Persons entitled
- The Bank of New York
Amount secured
All monies due or to become due from the company to the chargee pursuant to clause 2 of the letter agreement,and the delivery and maintenance in the company's account of eligible securities having a value equal to the company's net obligations under the letter agreement
Short particulars
All securities as defined in the letter agreement held in the company's account with the chargee from time to time as security for the payment and discharge of the secured obligations as defined in the letter agreement.