Persons entitled
- Nissho Iwai Europe PLC
Amount secured
The payment and performance of the principal amount of a promissory note in the original principal amount of us $38,000,000 (the note) payable to the order of the lender plus interest thereon and all obligations relating thereto as the assignor may be obligated to pay or perform under the covenants terms and conditions in the note, a loan agreement dated 14TH december 1996 (the loan agreement), a first naval mortgage dated 7TH april 1997, a general assignment dated 21ST april 1997 and another general assignment dated 21ST april 1997, the assignment and the other documents executed in connection therewith
Short particulars
All the assignors right title and interest in and to all policies and contracts of insurance which are from time to time covering or taken out in respect of the vessel k/a seillean of 50,928 gross registered tons call letters 3FPF6 and registration no.25519-pext with the home port of panama city, the republic of panama. See the mortgage charge document for full details.