Persons entitled
- The Sanwa Bank Limited
Amount secured
All monies due or to become due from the company to the chargee under the niep performance undertaking (as supplemented by the terms of the supplemental niep performance undertaking) pursuant to which the company has inter alia covenanted and undertaken in favour of the security trustee (for the benefit of the secured parties) to observe and perform in a due and timely manner all of the companys obligations under the crude petroleum sales contract
Short particulars
By way of a first fixed charge all the companys rights title interest and benefits under the crude petroleum sales contract and all of its rights title and interest and benefits under the crude petroleum sales contract including all moneys that may at any time be or become payable by sonangol to the company pursuant thereto and the proceeds of any claims awards and judgements that may at any time be received or receivable by the company from sonangol pursuant thereto. See the mortgage charge document for full details.