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PARATUS SEABRAS UK LIMITED

Company number 11267797

Charge code 1126 7797 0010

Created
20 January 2022
Delivered
1 February 2022
Status
Outstanding
Transaction Filed
Registration of a charge (MR01)

Persons entitled

  • Deutsche Bank Trust Company Americas

Brief description

Pursuant to the new york law governed amended and restated collateral assignment and security agreement dated 20 january 2022 and entered into between seadrill seabras UK limited (as the “chargor”), amongst others, and deutsche bank trust company americas as collateral agent (the “collateral agent”), the chargor collaterally assigns, amongst others (I) all of its rights, title, interests, remedies, powers and privileges under the keep well agreement (as defined therein) and (ii) its right, title and interest in the keep well obligations (as defined therein), including, without limitation, all rights to exercise remedies, make elections, receive payments, enforce performance and to bring actions at law or equity.. For further information please refer to the amended and restated collateral assignment and security agreement.