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SOUTH AFRICAN AIRWAYS

Company number FC015529

Insurance assignment

Created
31 March 1999
Delivered
20 April 1999
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • Hypovereinsbank Luxembourg Societe Anonyme (Formerly Hypobank International Societe Anonyme)

Amount secured

Any and all the obligations of cape aviator limited (the owner) which are now or at any time owed to the chargee in it's capacity as security agent and trustee for and on behalf of the secured parties (as defined) and to any of the secured parties pursuant to any of the ancillary documents (as defined in the amended conditional sale agreement)

Short particulars

All of its right, title and interest (present and future) in and to the insurances and all benefits thereof all moneys pursuant to the insurances all recoveries under the assignments all other recoveries not exceeding one million dollars (us$1,000,000) or the equivalent in respect of certain insurances relating to one airbus A320-231 aircraft manufacturer's serial number 250. see the mortgage charge document for full details.