Persons entitled
- Bechtel Corporation,a Nevada Corporation ("Buyer")
Amount secured
$1,431,939.90 due from the company to the chargee (being total progress payments made relative to brazed aluminium exchangers tag nos. E-31402A/b,e-31403A/b and e-31404A/b),and any additional progress payments made to the seller, under the terms of a contract made between bechtel corporation and chart heat exchangers limited (bechtel purchase order number 23942000POAME0700001, and chart order nos. PC305 m, PC306 m and PC307 m) ("the contract")
Short particulars
A security purchase money interest for the raw materials purchased and any subassemblies fabricated by the seller to the extent of the progress payments received by the seller under the terms of the contract.