Persons entitled
- Midland Bank PLC
Amount secured
0
Short particulars
Deed of assignment of drillship receivables. All the builder's right, title and interest in and to, and all benefits accruing to the builder in respect of the drillship receivables and all damages and other payments (whether awarded by any court or arbitral tribunal or by agreement or otherwise) for breach, termination, variation of the drillship contracts or either of them, but excluding (a) sterling amounts payable in respect of project change orders, (as defined in each drillship contract) insofar as the same may from time to time be directed to be paid to global marine international drilling corporation in repayment of labour disbursements and (b) each ofe consideration (as defined in each drillship contract). (Capitalised terms not defined herein, are as defined on the continuation sheets.).