Persons entitled
- Hsbc Bank PLC
Amount secured
All monies due or to become due from the company to the chargee
Short particulars
With full title guarantee all its rights, title and interest in and to any credit balance due to the company under condition 13 of the agreement for the purchase of debts between the company and hsbc invoice finance (UK) limited as more particularly described in schedule 1 to the legal assignment of contract monies ("the contract") and includes and discounting allowance as defined in and due under the contract, the benefit of all the other provisions of the contract and all securities (if any) for the contract but only in respect of that credit balance ("the contract monies").. Clause 9 of the legal assignment of the contract monies states that the company must ensure the contract monies remain free from any mortgage, lien, charge, pledge, security or other interest affecting them other than the legal assignment of contract monies in favour of hsbc.