Persons entitled
- Eastern Generation Limited
Amount secured
All monies due or to become due from the company to the chargee under the deed of guarantee and indemnity of even date and/or pursuant to clauses 9.1 and 9.2 of the share purchase agreement dated 18TH april 1996 which in either case become due and payable as a result of a failure on the part of fibro holdings limited to pay sums due and payable in accordance with clauses 3.2 (ii) , 3.3 or 3.4 of the share purchase agreement, subject to a maximum amount secured of £500,000
Short particulars
The deposit referred to in clause 2 (I) of the account charge and any sum or sums (up to a maximum amount of £500,000) which are from time to time deposited in the bank account in the name of fibrowatt with the royal bank of scotland PLC. See the mortgage charge document for full details.