Persons entitled
- J.P Morgan PLC, Chase Manhattan International Limited (The "Chargees) (Fordetails of Further Chargees Refer to Form 395)
Amount secured
All present, future, and/or contingent financial obligations of ti automotive (newco) limited (to be renamed ti automotive limited) (the "parent") vis-@-vis chase manhattan international limited (the "security agent") under or in connection with an abstract acknowledgement of indebtedness of the parent towards the security agent in the principal amount of gbp 1.000.000.000,00 (great britain pounds sterling one billion) dated 3 july 2001. all financial obligations (including obligations that are capable of being transformed into financial obligations), promises and other liabilities, owing or incurred by the parent, each borrower, each original guarantor, and any other party (other than a finance party) to a finance document or any of them vis-a-vis the chargees and any future pledgee or any of them, whether due or hereinafter to become due, including but not limited to all future and contingent obligations, promises and other liabilities, of whatever nature, under or in connection with the finance documents. (All terms as defined).
Short particulars
The company pledges to each of the chargees (a) its share in the subsidiary in the nominal amount of dm 50.000,00 and its share in the subsidiary in the nominal amount of dm 950.000,00. (b) all shares in the subsidiary aquired in the future. (C) all and any pecuniary rights deriving from the above pledged shares.. See the mortgage charge document for full details.