Persons entitled
- Barclays Bank PLC
Amount secured
A letter of credit facility in the amount of us dollars (syndicate no.2/1998) (as further defined in the deed of charge)
Short particulars
1.By way of first charge if and to the extent that such assets and or are liable in the future to become comprised in that part of the dollar trust fund of the name in relation to which the relevant managing agent has power to give directions (a) all rights title and interest of the name in and to such monies as are now payable or may hereafter at any time become payable in us dollars to the name or to any person on behalf of the name under the specified syndicate reinsurances in consequence of any loss(es) an outstanding claim in respect of which is the subject of a claim acknowledgement and as further defined in b) and c) on the form M395, 2) first floating charge if and to the extent that such assets are or are liable in the future to become comprised in that part of the dollar trust fund of the name in relation to which the relevant managing agent has power to give directions, see ch microfiche for full details.