Persons entitled
- Bank of Montreal as Administrative Agent for the Secured Parties Under the Credit Agreement as Defined in the Instrument Evidencing the Charge Accompanying This Form MR01.
Brief description
The owner mortgages each ship (as defined in the instrument evidencing the charge appended to this form MR01) to the agent as security for the due and punctual payment of the secured liabilities (as defined in the instrument evidencing the charge appended to this form MR01).
Contains fixed charge.
Contains negative pledge.