Persons entitled
- Burdale Financial Limited
Amount secured
In favour of the chargee the aggregate amount outstanding by way of loans, outstanding purchase price and otherwise in respect of the facility and financing agreements (as defined) in whatsoever manner in any currency or currencies whether outstanding directly or indirectly, at present or in the future, actually or contingently, whether incurred by any obligor (as defined) soley or jointly with any other person and whether owed as principal or surety together with all interest under the financing agreements (as defined) from time to time and all costs, fees and sums by way of indemnity and other amounts due from any obligor (as defined) in connection therewith
Short particulars
The chargor assigns to burdale by way of absolute equitable assignment all its rights title interest and benefit in those accounts receivable which are or become freely assignable (the "assignable accounts receivable"); by way of fixed charge all its rights title interest and benefit in those accounts receivable which are or become unassignable or assignable only with the prior written consent of the account debtor.. See the mortgage charge document for full details.