Persons entitled
- Istituto Bancario San Paolo Di Torino S.P.A., London Branch(The "Bank")
Amount secured
All monies due or to become due from european marine contractors limited (the "borrower") to the chargee under or pursuant to a loan agreement (the "loan agreement") dated 16TH december 1997 relating to a credit facility (the "facility") in a maximum principal amount of £40,000,000 and/or otherwise in connection with the facility and under or pursuant to the loan agreement or otherwise in connection with the facility
Short particulars
An account of the depositor with the bank numbered 372720 (the "account") and all monies standing to the credit of the account.. See the mortgage charge document for full details.