Persons entitled
- Vasco S.A.
Amount secured
All monies due or to become due from the company to the chargee under the terms of the sales contract
Short particulars
All the company's rights and benefits under the shipbuilding contract including the right to receive all monies including liquidated damages which may be due and payable by the builder to the seller thereunder other than any monies which may be due by the builder to seller under the shipbuilding contract but which are not correspondingly due by seller to the company under this contract. See the mortgage charge document for full details.