Persons entitled
- The Royal Bank of Scotland PLC
Amount secured
For securing £478,400 and all further moneys due, or to become due from the company to the royal bank of scotland limited in terms of financial agreement dated 17/7/74
Short particulars
All the owners rights interests and benefits under a building agreement (the contract) dated 18/1/74 as amended by an addendum dated 28/2/74 made between richards (shipbuilders) limited ('the builders') of the one part and the company of the other part relating to the construction and purchase of a single screw tug to be known during construction as yard no.527 ("The vessel") all monies payable to the company in respect of the insurance effected by the builder under the contract and all the company's joint or other interest in connection with such insurance the vessel and appurtenances as they are constructed together with all materials and things destined for the vessel wherever situated.