Persons entitled
- The Long-Term Credit Bank of Japan, Limited as Security Trustee for and on Behalf of Itself, Th Under the Srcfae Facility Agent and the Banks from Time to Time
Amount secured
Any and all of the obligations of the lessee (as defined) (whether or not for the payment of money, and including any obligation to pay damages for breach of contract) which are now or at any time owed to the long-term credit bank of japan,limited as security trustee for and on behalf of itself, the facility agent and the banks from time to time under the srcfa and/or the borrower (as defined) under the crown green loan agreement and any and all of the obligations of the borrower (as defined) (whether or not for the payment of money, and including any obligation to pay damages for the breach of contract) which are now or at any time owed to the security trustee, the facility agent and/or the banks under the senior revolving credit facility agreement (and, for the purposes of this definition, any amount expressed to be payable under the crown green loan agreement or, as the case may be, the senior revoving credit facility agreement shall be deemed to form part of the secured obligations notwithstanding that the liability or recourse to the lessee (as defined) or the borrower (as defined) or their respective assets is limited by any provision of the crown green loan agreement or, as the case may be, the senior revolving credit facility agreement) and any and all moneys, liabilities and obligations, (whether actual or contingent, whether now exisitng or hereafter arising, whether or not for the payment of money, and including, without limitation, any obligation or liability to pay damages) which are now or which may at any time and from time to time hereafter be due, owing, payable or incurred or to be expressed to be due, payable or incurred from or by the sub-lessee (as defined) to any one or more of the security trustee, the facility agent, and the banks pursuant to clause 12.3 (indemnity) or clause 13.1 (tax indemnity) of the multi-option facility agreement to the extent that the liability or obligation under such clauses relates to the aircraft or the transaction documents (the "secured obligations")
Short particulars
As a continuing security for the performance of the secured obligations, the owner as beneficial owner:-(i) mortgages to the security trustee as security trustee for and on behalf of itself, the facility agent and the banks all its interests present and future in and to the aircraft by way of first priority legal mortgage; and (ii) assigns by way of security and agrees to assign by way of security (and not by way of absolute assignment) all of its right title and interest present and future in or and to (I) the insurances, (ii) the benefits of the insurances including all claims of whatsoever nature thereunder and return of premiums thereof and (iii) the warranties.. See the mortgage charge document for full details.