Persons entitled
- Orix Hydra Corporation
Amount secured
All monies due or to become due from the company to the chargee under the aircraft lease agreement with purchase option (as defined)
Short particulars
The company has assigned and agreed to assign absolutely to the assignee all of its present and future rights, title and interest in and to (1) all policies and contracts in respect of the insuarances, other than insurances in respect of liabilities to third parties (the "relevant insurances"), (2) all the benefits of such policies and contracts in respect of the relevant insurances (including all claims of whatsoever nature thereunder and returns of premiums in respect thereof) and (3) all requisition compensation. For the avoidance of doubt such assignment does not constitute an assignment of any policy of insurance but only of the benefit, rights, title, interest and proceeds thereunder insofar as the same relates to the aircraft. "Aircraft" means the one (1) boeing 757-200ER aircraft, registration mark g-cpen bearing manufacturer's serial number 28666 together with any one or more or all of the two (2) rolls-royce RB211-535E4 aircraft engines bearing the manufacturer's serial numbers 31463 and 31464 respectively, (whether or not any of the engines may from time to time be installed on the airframe), as described in the aircraft lease agreement with purchase option;. See the mortgage charge document for full details.