Persons entitled
- Christiania Bank Og Kreditkasse Asa
Amount secured
An aggregate principle amount not exceeding us dollars $50,000,000 and all other monies due or to become due from safe rigs as (the borrower) to the banks (as defined) under a loan facility agreement dated 28/08/2000 and the hedging instrument (as defined)
Short particulars
All of the company's rights, title and interest in and to the account balances (as defined below). Account balances means all sums at any time and from time to time during the facility period standing to the credit of the accounts. See the mortgage charge document for full details.