Persons entitled
- Den Norske Bank As
Amount secured
Usd 7,000,000 and all other monies due or to becomee due from the company and/or all or any other companies named therein to the chargee as under the terms of the loan agreement dated 26TH july 1995 and the security documents (as de fined)
Short particulars
All the company's rights and interest present and future in and to any and all claims for money due or to become due to the company with respect to the actual or constructive or agreed or arranged or compromised total loss of the company's vessel "clipper fame" or the requisition of title or other compulsory acquisition of the vessel all policies and contracts of insurance whatsoever freights disbursements profits or otherwise. See the mortgage charge document for full details.