Persons entitled
- The Secretary of State for Trade and Industry
Amount secured
All monies due or to become due from the company to the chargee under a shipowner's agreement of even date and made between the company, the chargee and leisure and marine holdings limited
Short particulars
The company's right, title and interest in and to any moneys which may be payable to the company in accordance with the terms of (a) a principal agreement of even date and made between, inter alia, the governor and company of the bank of scotland, the company and hebridean island cruises limited and any other document executed to guarantee or secure sums owing under such principal agreement but not including any proceeds of insurance which are payable to the company in accordance with the terms of such documents without first being applied against sums due from the company to the bank under such documents.