Assets ceased/released
All of the property or undertaking has been released from the charge
Persons entitled
- Norsk Tillitsmann Asa
Amount secured
All monies due or to become due from polarcus alima as to the chargee (on behalf of itself and the bondholders) on any account whatsoever under the terms of the aforementioned instrument creating or evidencing the charge
Short particulars
As continuing security for the payment discharge and performance of the secured liabilities the assignor assigned to the assignee (for the benefit of itself and the bondholders) with second priority the receivables under the subordinated loans granted or to be granted by polarcus and/or the assignor to asima polarcus 6 LTD and/or the company and with first priority the receivables under the subordinated loans granted by the company to polarcus 6 LTD see image for full details.