Charges
Security interests and charges registered against the company
Outstanding Charges
Standard security #6
Outstanding- Shell Chemicals Uk Limited
31.0433 hectares of land at mossmorran fife 6.16 hectares of land at braefoot bay fife.
Nil at present
Satisfied Charges
Financial agreement #2
Fully Satisfied- National Westminster Bank Plc
The vessel as it is from time to time constructed including all appurtenances and components (further details see doc M65).
Bond & assignation in security #1
Fully Satisfied- National Westminster Bank Plc
All the owner's right interest & benefit under the contract all policies of insurance taken out by the owner in respect of the vessel (for details see doc M65).
Mortgage #3
Fully Satisfied- First National Bank In Dallas As Agent
1 mcdonnell douglas corporation DC10 series 30 aircraft, engines components, policies and contracts of insurance described in doc M66 (see doc for fuller details).
Deed of covenant #5
Fully Satisfied- National Westminster Bank Public Limited Company
The mortgaged premises, earnings & requisition compensation (for details see doc M67).
Mortgage #4
Fully Satisfied- National Westminster Bank Public Limited Company
64/64TH shares in M.V. "pacific peace" reg at port of london official no 398999.
Assignment #7
Fully Satisfied- Chemical Bank
All of the company's right, title, interest & benefits in and to all moneys that may be or become payable by the boeing company to the company under articles 2.1(d) and 5.4 of the purchase agreement dated 21/12/84 between the boeing company and the company bearing reference no. 1181 lnc-C.
Assignment #8
Fully Satisfied- Chemical Bank
All of the company's right, title, interest & benefits in and to all moneys that may be or become payable by the boeing company to the company under articles 2.1(d) and 5.4 of the purchase agreement dated 21/12/84 between the boeing company and the company bearing reference no. 1181 lnc-d.
Chattel mortgage #9
Fully Satisfied- Chase Manhattan International Limited
Fixed and floating charges over the english assets ,the scottish assets and the northern irish assets including the sale proceeds thereof for full details of charged assets please refer to form 395.
Amended and restated intercreditor agreement #10
Fully Satisfied- Chase Manhattan International Limited
If at any time prior to the later of the senior discharge date the company receives a payment or distribution in cash or kind of or on account of any lease debt or prior to the senior discharge date any lease debt is discharged in each case in a manner not permitted by clause 6 (permitted lease payments) by clause 7 (permitted subordinated payments) or clause 15.1 (permitted lease enforcement) clause 15.2 (permitted enforcement action in respect of vat) or by clause 17 (proceeds of enforcement of security) the company will subject to clause 10.9 (exclusion of trust) hold such recovery payment distribution proceeds set-off or other amount in trust for the security trustee. See the mortgage charge document for full details.
