Persons entitled
- Kreditanstalt Fur Wiederaufbau
Amount secured
The outstanding indebtedness being the aggregate of all advances made by the assignee to the company under portion a not exceeding in aggregate usd 16,500,000.00 and portion b not exceeding in aggregate usd 4,000,000.00 or as the case may be,the amount thereof from time to time advanced and outstanding as set out in a loan facility agreement dated 25 september 2001 (the "loan agreement"),as defined,together with all other monies of whatsoever nature due or to become due under the loan agreement and the security documents (as defined)
Short particulars
All rights,title,benefits and interest in and to the insurances (as defined) relating to the vessel and all related profits and proceeds thereof including all claims whatsoever; all returns of premiums and any other benefit whatsoever. See form 395 for details.