Pavimar S. A. a corporation incorporated and existing in the Republic of the Xxxxxxxx Islands whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Xxxxxxxx Islands MH96960; (b) Castor Ships;
Pavimar S. A. 17th Km National Road Athens - Lamia & Finikos Xxx. 000 00 Xxx Xxxxxxx, Xxxxxx, Tel: +00 000 0000000 Fax: +00 000 0000000
Pavimar S. A. CASTOR SHIPS S.A. Facility agreement dated 23 July 2021 (as amended, supplemented and/or varied from time to time, the “Facility Agreement”) and made between (i) the Borrowers and (ii) ourselves as lender and in other capacities (as applicable) in respect of a loan facility of (originally) US$ 40,750,000.00
Pavimar S. A., of the Republic of the Xxxxxxxx Islands and also having an office established in Greece (at 17 km National Road Athens-Lamia and 00 Xxxxxxxx Xxxxxx, Xxxxxxxx 000 00, Xxxxxx) under laws 378/68, 27/75, 2234/94, 3752/09 and 4150/13 (as amended and in force at the date hereof) (the “Approved Manager”), has (inter alia) subordinated any claims it may have against (inter alios) the Borrower and/or (inter alia) the Vessel to the claims of the Lender under the Loan Agreement and the Security Documents as security for the Outstanding Indebtedness;
Pavimar S. A.; and (d) any other person (except a Creditor Party and any other manager which is not a member of the Group) who, as a surety or mortgagor, as a party to any subordination or priorities arrangement, or in any similar capacity, executes a document falling within the final paragraph of the definition of "Finance Documents".
