Persons entitled
- The Secretary of State for Trade and Industry
Amount secured
All monies due or to become due from the company to the chargee under the terms of clauses 4 and 5 3F the charge.
Short particulars
Any moneys which may be payable to the company in accordance with the terms of clause 9(b) or 15(b) of the financial agreement dated 22/1/90 made between national westminster bank PLC and the company or of clause 13(a) of the deed of covenant (as defined in the said financial agreement). The vessel presently being constructed for the company by appledore shipbuilders limited of appledore, north devon, EX39 1LX known during construction as yard no. AS149.