Persons entitled
- P&O Princess Cruises PLC
Amount secured
All monies and liabilities paid or payable to kreditstalt fur wiederaufbau ("kfw") by the chargee as assignee, by way of guarantee, indemnity or compensation for any loss arising as a result of the company defaulting under any relevant finance documents (as defined in a loan agreement dated 2ND november 1999 made between the company (as borrower) and kfw (as amended by a guarantee replacement and amendment agreement dated 14TH september 2000 between the company, the chargee and the peninsular and oriental steam navigation company), or arising as a result of an event of default (as defined in such loan agreement) and all sums owing under or pursuant to a). A guarantee, b). A counter indemnity c). A second preferred mortgage all dated 23RD october 2000, such general assignment and any other document in relation thereto
Short particulars
Subject to the rights of kfw under a first preferred mortgage dated 2ND november 1999 and first general assignment dated 2ND november 1999 supplememntal to the first mortgage all the company's right title benefit and interest in and to a). All earnings of the liberian flag "club" passenger ship M.V. "aida" with o/n;-11190 b). The benefit of all insurances and c). All requisition compensation. See the mortgage charge document for full details.