Persons entitled
- The Secretary of State for Trade and Industry Acting Through the Smallbusiness Sevices ("Sbs"), an Agency of the Department of Trade and Industry
Amount secured
All monies due or to become due from the company to the chargee for the amount by which funds advanced to the company by the sbs pursuant to the agreement exceed one twelfth (1/12TH) of the annual grant amount per month together with other lawful expenses (all terms as defined)
Short particulars
By way of fixed charge all the plant, machinery and fixtures and fittings, all stocks, shares and other securities present and future, all intellectual property rights, choses in action and claims present and future and by way of floating charge all the undertaking and all property assets and rights present and future not subject to a fixed charge under the fixed and floating charge.