Persons entitled
- The National Bank of Greece S.A.
- Bankboston,N.A.,
- Viking Ship Finance LTD.
- Abn-Amro Bank N.V.(As Agent)
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 a time charter (contract no.e&p-101-2-099-96-2) dated 19 september 1996 (the "charterparty") entered into between (a) the manager,as agent for the owner,and (b) petroleo brasileriro S.A.-petrobras of brazil,as charterer,whereby the owner and conditions therein mentioned,the cayman island's flag m/v "toisa conqueror" registered in the name of the owner at the port of georgetown.