Persons entitled
- Den Norske Bank As
Amount secured
Usd 7,000,000 and all other monies due or to become due from the company and/or all or any other companies named therein to the chargee under the terms of the loan agreement dated 26TH july 1995 and the security documents (as defined)
Short particulars
All the company's rights title and interest present and future in and to 1). the benefit of a time charter in respect of the company's vessel "clipper fame" (as may from time to time be amended, varied or supplemented) dated 23 june 1995 between the company and finncarriers oy ab and all monies and claims for monies due and/or to become due to the company thereunder 2). the benefit of a time charter in respect of the vessel dated 30 june 1995 between the company and clipper shipping limited (as 1).). 3). all freights hire monies (including requisition hire) and other earnings in respect of the vessel or the use thereof and any monies due and/or to become due to the company in connection with the employment or use of the vessel. See the mortgage charge document for full details.