Persons entitled
- Allied Irish Banks PLC and/or the Finance Parties (As Defined)
Amount secured
All present future and/or contingent financial obligations of ti automotive limited (the "parent") vis-a-vis chase manhattan international limiteds (the "security agent") under or in connection with an abstract acknowledgement of indebtedness I (not us related) (abstrcktes schuldversprechen) 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 3RD july 2001 together with 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, (as defined), each original guarantor (as defined) and any other party (other than a finance party (as defined)) to a credit document (as defined) or a security document (as defined) (the "obligors") or any of them vis-a-vis the chargees (as defined) and any future pledgee (as defined) or any of them whether due or to become due including but not limited to all future and contingent obligations promises or other liabilities of whatever nature under or in connection with the credit documents and security documents
Short particulars
A).the company's share in ti group automotive systems (ettlingen) gmbh (the "subsidiary") in the nominal amount of DM50,000,00 b). All shares in the subsidiary the company acquires in future c). All and any pecuniary rights deriving from the above plegded shares inclusive of dividends and other forms of profit distribution. See the mortgage charge document for full details.