SINGLE BUOY MOORINGS (UK) LIMITED

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Mortgages and charges registered against this company

Description: All the rights of single buoy moorings (UK) limited (formerly named shiftploy limited) ("s b m scotland") under an agreement dated 26TH march, 1984 between single buoy moorings (reconstruction limited (formerly named single buoy moorings (UK) limited) ("s b m england") and subsea offshore limited ("subsea") as assigned to s b m scotland under the terms of a transfer of trade agreement dated 29TH june, 1988 between s b m england and s b m scotland and as to be novated and supplemented and amended by a novation agreement (the "subsea novation") to be made between (1) s b m england and (2) s b m scotland and (3) subsea whereby s b m england are to be discharged from further performance under the original subsea agreement and s b m scotland will become a party thereto upon the terms and conditions contained in the subsea novation, (the original subsea agreement as assigned by the transfer of trade agreement and as to be amended by the subsea agreement shall be called the "subsea agreement") to purchase the equipment (as defined in the subsea agreement) from subsea (including but without limitation, all of s b m scotland's right and benefits under the purchase option contained in clause 6 of the subsea agreement).