Persons entitled
- Midland Bank PLC
- National Westminster Bank PLC
Amount secured
Us $60,000,000 and all other monies due or to become due from the comapny to the chargees on any account whatsoever. Pursuant to a loan agreement and a guarantee and indemnity both dated 17/3/89
Short particulars
All rights title and interst in and to or the benefit of: (a) the earnings of the M.V. "merchant pilot" (b) the insurances of the M.V. "merchant pilot" (c) all requisition compensation (d) any proceeds of the foregoing (please see doc for details).