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PETROCELTIC RESOURCES LIMITED

Company number 03210072

A sponsor support, share retention and subordination agreement

Created
12 March 2003
Delivered
21 March 2003
Status
Satisfied on 9 December 2004
Transaction Filed
Registration of a charge (395)
    Image unavailable

Persons entitled

  • International Finance Corporation and Black Sea Trade and Development Bank

Amount secured

Us$34,000,000 and all other moniesdue or to become due from the borrowers to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Short particulars

The chargor unconditionally and irrevocably undertakes to each of the chargees that it receives the proceeds of a distribution in the contravention of the common terms agreement, the agreement or the accounts agreement holds the proceeds of that distribution on trust for each of the chargees and immediately pay those proceeds to, or to the order of, each of the chargees. See the mortgage charge document for full details.

Additional transactions filed against this charge

Additional transactions filed against this charge (PDF links open in a new window)
Type(of transaction) Delivered(to Companies House on this date) View / Download(PDF file, link opens in new window)
Statement of satisfaction of a charge in full or part (403a) 9 December 2004 Image unavailable