Persons entitled
- Deutsche Schiffsbank Aktiengesellschaft
Amount secured
The aggregate of all sums of money from time to time due or to become due from the company (the "sub-bareboat charterer") to the chargee under the general assignment and a loan agreement dated 18TH september 1996 (the "loan agreement") and the other security documents (as defined) mentioned or referred to in the loan agreement
Short particulars
All the company's right title and interest in and to (I) each time charter and all moneys whatsoever payable to the company thereunder or as a consequence of the variation or termination thereof and all other rights and benefits of the company under each time charter including all claims for damages in respect of any breach by any time charterer of the terms of any time charter (ii) the sub-bareboat charterers earnings (iii) the insurances (iv) any requisition compensation (for full details and definitions please refer to form 395). see the mortgage charge document for full details.