Persons entitled
- Lloyds and Scottish Trust LTD
Amount secured
All sums due or to become due
Short particulars
All these monies which may from time to time be owing to the company by volkswagen (GB) LTD in respect of refunds of monies paid by or the direction of the company to volkswagon (GB) LTD by way of deposit on the acquisition of motor vehicles on a consignment basis.
Contains floating charge.
Restricting provisions
Companies are expressly prohibited from creating subsequent fixed securities having priority over or ranking equally with the floating charge