Persons entitled
- Hamburgische Landesbank-Girozentrale
- The Royal Bank of Scotland PLC
- Midland Bank PLC
Amount secured
The outstanding indebtedness (being the aggregate of the loan (as defined) and interest accrued and accruing thereon, the expenses (as defined) and all other sums of money from time to time owing to the banks (midland bank PLC, the royal bank of scotland PLC and hamburgische landesbank-girozentrale) and/or the agent (midland bank PLC), whether actually or contingently under the loan agreement (as defined), the security documents (as defined) or any of them and/or the master swap agreements (as defined)) and the master swap agreement liabilities (being at any relevant time all liabilities actual or contingent, present or future, of the borrowers (as defined) to the banks or any of them, under the master swap agreements)
Short particulars
All the company's rights title and interest present and future in and to the mortgaged property being the ship merchant pioneer registered as a bahamas ship at the port of nassau under official number 716347 and the insurances, the earnings and any requisition compensation in relation to the ship. See the mortgage charge document for full details.