Persons entitled
- Hsbc Bank PLC
Amount secured
All sums due or to become due
Short particulars
Any debts purchased by the bank under clause 6 of the exports finance facility letters issued by the bank to the company dated 26 march 2001 and 26 june 2001 respectively, as varied, amended, supplemented, novated or replaced from time to time but only in so far as they are not being held in trust by the company for the bank in terms of clause 6D of the export finance facility letters.
Contains floating charge.
Restricting provisions
Companies are expressly prohibited from creating subsequent fixed securities having priority over or ranking equally with the floating charge