Persons entitled
- Investment Bank Of
Amount secured
0
Short particulars
All monies. Assignment of grants grants payable by dept of commerce to the company and described as (I) a grant not exceeding #256,000 of 50% of vouched and approved expenditure by the company on the purchase and installation of new machinery and equipment installed in its factory; (ii) a grant not exceeding #1000 of 50% vouched and approved expenditure by the company on disman- tling, uplifting and transferring exist- ing machinery and equipment from the existing premises at lambeg, lisburn and installing the same in its new factory (iii) an employment grant not exceeding #85,000 at the rate of #1,700 per worker employed by the company at its factory; and (iv) an interest grant not exceeding #27,000 towards the amount of interest paid by the company in respect of the one year period from a date not later than 31/5/80 to be agreed between the department and the company on bank facilities of up to #200,000 obtained from the investment bank of ireland LTD.