Persons entitled
- Orszagos Takarekpenztar Es Kereskedelmi Bank Rt
Amount secured
All monies due or to become due from the company to the chargee under the terms of the loan agreement dated 30TH january 1997
Short particulars
Under the terms of the pledge agreement dated 30TH january 1997 the bank has an equitable charge over the 50,000 ordinary shares held by temleco 314 limited in the hibtrade international limited and shall have transferred to it full ownership of the shares in the event of a default under the terms of the loan agreement and accordingly shall be entitled to all rights to dividends, bonus issues etc from the date of such transfer.