Common Contracts

HORIZON LINES, LLC PURCHASE AGREEMENT

Purchase Agreement • October 6th, 2011 • Horizon Lines, Inc. • Water transportation • New York

• Contract Type
  Purchase Agreement
• Filed
  October 6th, 2011
• Company
  Horizon Lines, Inc.
• Industry
  Water transportation
• Jurisdiction
  New York

Horizon Lines, LLC, a Delaware limited liability company (the “Company”) proposes, upon the terms and conditions set forth in this agreement (this “Agreement”), to issue and sell to the purchaser named herein (the “Purchaser”), the aggregate principal amount of its 11.00% First Lien Senior Secured Notes due 2016 (the “First Lien Notes”) that is indicated on the signature page of the Purchaser hereto. The First Lien Notes (i) are to be issued pursuant to an Indenture (the “Indenture”), to be dated of even date herewith and entered into among the Company, the Guarantors (as defined below) party thereto and U.S. Bank National Association, a national banking association, as trustee and collateral agent (in such capacity, the “Trustee”). The Company’s obligations under the First Lien Notes, including the due and punctual payment of interest on the First Lien Notes, will be irrevocably and unconditionally guaranteed (the “Note Guarantees”) by Horizon Lines, Inc., a Delaware corporation (the

HORIZON LINES, LLC SECOND LIEN SENIOR SECURED NOTES DUE 2016 PURCHASE AGREEMENT

Purchase Agreement • October 6th, 2011 • Horizon Lines, Inc. • Water transportation • New York

• Contract Type
  Purchase Agreement
• Filed
  October 6th, 2011
• Company
  Horizon Lines, Inc.
• Industry
  Water transportation
• Jurisdiction
  New York

Horizon Lines, LLC, a Delaware limited liability company (the “Company”) proposes, upon the terms and conditions set forth in this agreement (this “Agreement”), to issue and sell to the purchaser named herein (the “Purchaser”), the aggregate principal amount of its Second Lien Senior Secured Notes due 2016 (the “Second Lien Notes”) that is indicated on the signature page of the Purchaser hereto. The Second Lien Notes (i) are to be issued pursuant to an Indenture (the “Indenture”), to be dated of even date herewith and entered into among the Company, the Guarantors (as defined below) party thereto and U.S. Bank National Association, a national banking association, as trustee and collateral agent (in such capacity, the “Trustee”). The Company’s obligations under the Second Lien Notes, including the due and punctual payment of interest on the Second Lien Notes, will be irrevocably and unconditionally guaranteed (the “Note Guarantees”) by Horizon Lines, Inc., a Delaware corporation (the “P