Contract analysis
Clause-by-clause risk read on any document of the firm. Pick a contract, or open any document from a matter.
Contract analysis / deed-of-assignment-earnings-insurances-form.docx
deed-of-assignment-earnings-insurances-form.docx
High · 1
Medium · 0
Standard · 0
DEED OF ASSIGNMENT OF EARNINGS AND INSURANCES
High
⚑ Penalty / liquidated damages
DEED OF ASSIGNMENT OF EARNINGS AND INSURANCES (Form — For Use in Respect of Each Collateral Vessel) by [Insert Name of Relevant Fleet-Owning Subsidiary] (the "Assignor") in favor of ATLAS COLLATERAL AGENCY PTE. LTD. (the "Security Agent") Entered into in connection with the $400,000,000 aggregate principal amount of 8.750% Senior Secured Notes due 2029 issued by Thalassa Shipping & Logistics SA and Thalassa Finance P