Persons entitled
- Den Norske Credit Bank Plcas Agent for Itself and the Banks as Defined
Amount secured
All moneys due or to become due from the companies defined therein to the chargee as agent for itself and the banks as defined up to $25,200,000 under the terms of the facility agreement dated 23 august 1989 and this deed
Short particulars
The property more particularly described in clause 2 of the assignment including all present and future rights and title and interest in and the benefit of:- (a) the charter (b) the earnings (c) the insurances (d) the requistion compensation (e) the benefit of any contract for the sales of the vessel (f) the proceeds of the above and (g) the assigned property (as defined in the assignment).