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SOUTH AFRICAN AIRWAYS

Company number FC015529

Insurance assignment

Created
3 September 1999
Delivered
17 September 1999
Status
Outstanding
Transaction Filed
Registration of a charge (395)
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Persons entitled

  • Wilmington Trust Companyas Security Trustee for and on Behalf of the Secured Parties as Defined

Amount secured

Principal of and interest on the ex-im bank loan as defined and all other amounts from time to time owing by the company under the senior loan documents as defined and by the company under the senior loan documents as defined and principal of and interest on the commercial loan as defined and all other amounts from time to time owing by the company under the junior loan documents as defined by the company under the junior loan documents; and all amounts as defined owing to ex-im bank or the security trustee under the third priority documents as defined

Short particulars

Full title guarantee assigned to the security trustee by way of first priority legal assignment all benefits thereof without limitation claims. See the mortgage charge document for full details.