Persons entitled
- Banque Nationale De Parisas Security Trustee
Amount secured
All monies due or to become due from the company to the chargee under the terms of the operative documents (as such term is defined in a deed of application of proceeds and priorities agreement dated 6TH march 2000) and all other documents executed by the parties thereto in connection therewith and for the company's performance of the compliance with all of the terms of all such documents
Short particulars
A pledge by the company to the security trustee for and on behalf of the lenders of twenty two (22) first demand promissory notes each in the amount of us$2,000,000 with interest and any proceeds or yield accrued or to be accured on such promissory notes.