Persons entitled
- The Bank of New York
Amount secured
The repayment of all amounts credited by the bank of new york to the company 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 custodial undertaking set out in schedule 1 to the letter agreement) held in the seller's account (as defined in the custodial undertaking set out in schedule 1 to the letter agreement) from time to time.