Persons entitled
- Den Norke Credit Bank Plcas Agent for Itself and the Banks
Amount secured
For securing all moneys due or to become due from the companies defined therein to den norske credit bank PLC as agent for itself and the banks under the terms of the facility agreement dated 23 august 1989, the first amendment dated 25 august 1989 and the security documents as defined in this deed
Short particulars
The property more particularly described in clause 2 of the assignment including all present and future rights and title to and interest in and benefit of:- (a) the charter (b) the earnings (c) the insurer (d) the requisition compensation (e) the benefit of any contract for the sale of the vessel (f) the proceeds of the above (g) the assigned property (as defined in the assignment).