Persons entitled
- Psa Wholesale LTD
- Sicilian Ave, London
Amount secured
0
Short particulars
All monies. Vehicle charge. As a continuing security to secure present and future advances for the payment and discharge in full of the secured obligations by way of floating charge, all the dealer's present and future interest (if any) in any used vehicles from time to time the subject of a unit used vehicle funding agreement dated 16 august 2000 made between wholesale and the dealer and any monies received therefor (together with the "charged assets"). Nb: the dealer covenants in the charge that it will not create any mortgage or charge on or over the charged assets ranking prior to or pari passu with the security constituted by the charge. The dealer also covenants that it shall not sell or otherwise dispose of any part of the charged assets save in the ordinary course of business and in compliance with the terms of the unit vehicle funding agreement referred to above.