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TURK HAVA YOLLARI ANONIM ORTAKLIGI (TURKISH AIRLINESINC)

Company number FC006459

Assignment of insurances and requisition proceeds

Created
7 April 2000
Delivered
27 April 2000
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • Credit Agricole Indosuez
  • Banque National De Paris(As "Agents")

Amount secured

The performance of the company's obligations under a lease agreement dated 15TH april 1999 between anatolia aviation leasing limited (as lessor) and the company (as lessee) and the due and punctual payment of all moneys from time to time due or owing under the lease and the guarantee dated 15TH april 1999 between the republic of turkey (acting by and through it's ministry of state and deputy prime minister in charge of the undersecretariat of treasury,prime ministry) (as guarantor) in favour of anatolia aviation limited and, by virtue of the assignment, in favour of the agents

Short particulars

All the company's respective rights title benefit and interest in and to all policies and contracts of insurance and reinsurance (the "insurances"), in respect or relating to airbus A340-313 aircraft bearing msn 331 and all benefits thereunder, the requisition proceeds together with "security interest" pursuant to the transaction documents. See the mortgage charge document for full details.