Bibby Bulk Carriers Limited

—

—

—

—

—

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

All monies

THE MAXIMUM PRINCIPAL SUM OF US $40,000, 000 AND ALL OTHER SUMS DUE FROM BIBBY LI NE LIMITED (THE "BORROWER") TO THE CHARG EE PURSUANT TO THE LOAN FACILITY AGREEME NT DATED 20TH DECEMBER 1993 (AS DEFINED) AND ANY OF THE SECURITY DOCUMENTS (AS D EFINED)

THE MAXIMUM PRINCIPAL SUM OF US $8,000,0 00 AND ALL OTHER SUMS DUE FROM BIBBY LIN E LIMITED (THE "BORROWER") TO THE CHARGE E PURSUANT TO THE LOAN FACILITY AGREEMEN T DATED 20TH DECEMBER 1993 (AS DEFINED) AND ANY OF THE SECURITY DOCUMENTS (AS DE FINED)

US$ 27,440,000 AND ALL OTHER MONEYS DUE OR TO BECOME DUE FROM BIBBY LINE LIMITED TO THE CHARGEE UNDER THE TERMS OF A LOA N AGREEMENT DATED 14/10/91, THIS DEED AN D THE GUARANTEE AS DEFINED THEREIN

US$ 27,440,000 AND ALL OTHER MONEYS DUE OR TO BECOME DUE FROM BIBBY LINE LIMITED TO THE CHARGEE UNDER THE TERMS OF A LOA N AGREEMENT DATED 14/10/91, THIS DEED AN D THE GUARANTEE AS DEFINED THEREIN

All monies

All monies

All monies

All monies

All monies

All monies

STERLING POUNDS 675,000 AND ALL OTHER MO NIES DUE OR TO BECOME DUE FROM THE COMPA NY TO THE CHARGEE.

STERLING POUNDS 675,000 AND ALL OTHER MO NIES DUE OR TO BECOME DUE FROM THE COMPA NY TO THE CHARGEE

All monies

All monies

All monies

US $ 20,000,000 AND ALL OTHER MONIES DUE OR TO BECOME DUE FROM THE COMPANY AND/O R ALL OR ANY OF THE OTHER COMPANIES NAME D THEREIN TO THE CHARGEES PURSUANT TO TH E LOAN AGREEMENT DATED 31 DEC 83.

All monies

All monies

All monies

FOR FURTHER SECURING THE AGGREGATE OF AL L SUMS OF MONEY FROM TIME TO TIME OWING TO THE BANK BY BIBBY LINE LIMITED UNDER THE TERMS OF THE SECURITY DOCUMENTS

All monies

FURTHER SECURING THE AMOUNT OF US $ 3,44 3,722.34 AND ALL AMOUNTS WHICH MAY AT AN Y TIME AND FROM TIME TO TIME BE OR BECOM E DUE UNDER THE LOAN AGREEMENT (AS AMEND ED) AND THE DEED OF COVENANT AND SECURED BY A MORTGAGE DATED 30.9.80

All monies

3,259,132.93 U.S. DOLLARS AND ALL OTHER MONIES DUE OR TO BECOME DUE FROM BIBBY N AVIGATION LIMITED TO THE CHARGEE UNDER T HE TERMS OF A LOAN AGREEMENT DATED 13TH MARCH, 1978 AS AMENDED BY AN AGREEMENT D ATED 20TH JULY 1979 AND A DEED OF COVENA NT DATED 31ST MARCH, 1980.

FURTHER SECURING 3,259,132.93 AND ALL OT HER MONIES DUE OR TO BECOME DUE FROM BIB BY NAVIGATION LIMITED TO THE CHARGEE SEC URED BY A MORTGAGE DATED 31ST MARCH, 198 0 UNDER THE TERMS OF A LOAN AGREEMENT DA TED 13TH MARCH, 1978 (AS AMENDED).

All monies

FOR FURTHER SECURING THE AMOUNT OF 10,84 8,022.82 FRENCH FRANCS AND ALL AMOUNTS W HICH MAY FROM TIME TO TIME BE OR BECOME DUE UNDER THE SAID AGREEMENT AND THE DEE D OF COVENANT SECURED BY A MORTGAGE DATE D 28 FEBRUARY 1979

All monies

FOR SECURING 112,145,480.20 FRENCH FRANC S DUE FROM THE COMPANY TO THE CHARGEE UN DER THE TERMS OF TWO CREDIT AGREEMENTS D ATED 19TH FEB 1971 AND 28TH DEC 1972 AND A DEED OF COVENANTS DATED 25TH NOV. 197 4

DEEDS OF COVENANTS FOR FURTHER SECURING 112,145,480.20 FRENCH FRANCS AND ALL OTH EH MONIES DUE OR TO BECOME DUE FROM THE COMPANY TO THE CHARGEE SECURED BY A MORT GAGE DATED 25TH NOV. 1974 AND UNDER THE TERMS OF TWO CREDIT AGREEMENTS DATED 19 FEB 1971 AND 28TH DEC 1972

All monies