Persons entitled
- Credit National Agreement.Any Designator as Defined in the Master Security
- Clemet Sa
- The Banks
- European Investment Bank
Amount secured
For securing (1) (in respect of the security granted in favour of clemet sa) all moneys due or to become due by the company and/or any of the other chargors (as defined in the master security agreement) to clemet sa namely (I) a maximum amount of frf 29,400 million, £3,640 million and us $630 million under the global letter of guarantee (as defined in the master security agreement) (ii) a maximum amount of frf 14,000 million under the eib letter of guarantee (as defined in the master security agreement) (iii) a maximum amount of frf 5,600 million under the credit national letter of guarantee (as defined in the master security agreements) and (iv) all costs and other sums due under the letter of instruction (as defined in the master security agreement) (2) (in respect of the security granted to the lenders (as defined in the master security agreement) the global indebtedness (as defined in the master security agreement) (3) (in respect of the security granted to the special banks, the lc bank,s the back-up lc banks or the master lc banks (each as defined in the master security agreement) the special indebtedness (as defined in the master security agreement) (4) (in respect of the security granted solely to the european eib indebtedness (as defined in the master security agreement)
Short particulars
The company has together with the other owning companies incorporated at the date hereof irrevocably undertaken to grant at the requests of the agents the following security etc. (please see form 395 M334/4 jan/cf for full details).