Persons entitled
- Allied Irish Bank
Amount secured
0
Short particulars
All monies. Assignment of insurances all of the right title and interest of the company in and to the insurances as defined in the mortgage as all policies and contracts of insurances (which expression includes all entries of the ship in a protection and indemnity or war risks association) which are from time to time taken out or entered into in respect of the ship and her earnings or otherwise howsoever in connection with the ship. Note:the assignment contains a covenant by the company not without the prior consent in writing of the lender to assign pledge or otherwise discharge any of its right title or interest in the insurances to anyone other than the bank.