Persons entitled
- Abn-Amro Bank N.V.(As Agent)
- The National Bank of Greece S.A.
- Bankboston,N.a,
- Viking Ship Finance LTD.
Amount secured
All sums due or to become due from toisa limited (the owner) to the mortgagees (as defined) on the account current including all sums due under a loan agreement dated 24 february 1998 in respect of a loan facilty of us$60,000,000 (the "loan agreement") made between (a) the owner,as borrower,(b) the mortgagees,as lenders,(c) navieros oceanicos S.A.of panama,as guarantor,and (d) abn-amro bank N.V.,as agent for the mortgagees,and the security documents (as defined in the loan agreement)
Short particulars
All the owner's rights,title and interest to and in any moneys whatsoever payable to the owner under the uniform time charter (code name "supplytime 89") dated 6 october 1997 (the "time charterparty") entered into between (a) the manager,as agent for the owner,and (b) geco prakla a/s of norway,as charterer,whereby the owner agreed to let and the charterer agreed to take for the period and upon the terms and conditions therein mantioned,the bahamian flag m/v "toisa lion" registered in the name of the owner at the port of nassau.