Persons entitled
- Abn Amro Bank N.V.
Amount secured
The aggregate of any amount payable by the company to condor ferries (iom) limited (the "lessee") under the rebate provisions (as therein defined) and the expenses (as therein defined) (the "outstanding indebtedness") and discharge of all of the company obligations to the "lessee" under the lease dated 3 september 1998 (as therein defined) (as assigned to the chargee ("bank") acting as security agent for and behalf of itself and export finance and insurance corporation ("efic") pursuant to the deed of assignment dated 3 september 1998 (as therein defined)) (the "secured obligations")
Short particulars
All right title and interest present and future in and to the passenger/car wave piercing catamaran ferry M.V. "condor vitesse" registered in the ownership of the lessor under the flag of the commonwealth of the bahamas at the port of nassau with official number 730516 (as described) together with any share or interest therein, the insurances, requisition compensation and the net sale proceeds. See the mortgage charge document for full details.