Persons entitled
- Sovereign Finance PLC
Amount secured
All monies due or to become due from the company to girobank PLC and the governor and the company of the bank of scotland (together the banks) and the chargee under or pursuant to a guarantee dated 20 august 2001,a third priority statutory mortgage dated 29 august 2001 and the deed of covenant.
Short particulars
The company's right title and interest present and future in and to the vessel 'hebridean spirit' under official number 904521, all the rights of the company under or pursuant to a bareboat charter dated 11 june 2001, all moneys whatsoever from time to time due or payable to any person arising from the use or operation of the ship together with all the earnings payable by the charterer to the company under or pursuant to the charter; and/or any moneys payable under or pursuant to any guarantee, security or other assurance given to the company at any time in respect of the charterer's obligations under or pursuant to the charter; the benefit of all insurances of the ship; and any compensation payable in respect of the compulsory acquisition or requisition of title of the ship.. See the mortgage charge document for full details.