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BOSKALIS WESTMINSTER (HOLDINGS) LIMITED

Company number 00282243

Security agreement

Created
2 May 1986
Delivered
22 May 1986
Status
Outstanding
Transaction Filed
Registration of a charge
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Persons entitled

  • Standard Chartered Bank
  • Maine Midland Bank N.A.
  • The Royal Bank of Canada
  • Bank Trust Company
  • Societe Generale
  • Morgan Bank Nederland Nv.
  • Barclays Bank PLC

Amount secured

Securing the payment by boskalis nigeria limited ('bkn') and/or westminster dredging (nigeria) limited ('wdn') and/or any or all of boskalis westminster inter group B.v boskalis westminster clearing B.V. boskalis westminster limited boskalis westminster nederland B.V. boskalis westminster construction international B.V., bkw foremost transport B.V. bw soco B.V. and boskalis westminster international limited (the assignores) of all amounts outstanding and interest accrued therein under a restructuring agreement agreed to upon 2.5.86 and made between royal boskalis westminster N.V. westminster N.V., boskalis westminster nederland B.V., bkn, wdn bw soco B.V. and the banks and/or under the security agreement to secure the performance of all the guarantees, covenants conditions continued in the restructuring agreement and/or security agreement.

Short particulars

1) by way of assignment by way of security the following rights claims privileges. A) all claims on and rights to receive and enforce payments from bkn and/or wdn b) all claims on and rights to receive and enforce payments from central bank of nigeria. C) all rights actions privileges related to rights assigned under the security agreement 2) by way of pledge any claim the company may now or in the future name on hollandshe bank-line N.V. in rotterdam acct. 62 80 67 631 the name of bwsoco bv (see doc M160).