Persons entitled
- Lloyds Tsb Bank PLC (Ship Finance Department)
Amount secured
An aggregate amount not exceeding £17,600,000 and all other monies due or to become due from the company to the chargee under a loan facility agreement of even date pursuant to the security documents (as defined)
Short particulars
Pursuant to clause 13.1 of the loan agreement, aright to set off any liability of the company and any credit balance from time to time standing on any account.