SECOND SUPPLEMENTAL AGREEMENT TO SECURED MULTI-CURRENCY REDUCING REVOLVING CREDIT FACILITY AGREEMENT DATED 11 JANUARY 2008 AS AMENDED AND SUPPLEMENTED BY A FIRST SUPPLEMENTAL AGREEMENT DATED 22 MAY 2008Secured Multi-Currency Reducing Revolving Credit Facility Agreement • May 19th, 2009 • Safe Bulkers, Inc. • Deep sea foreign transportation of freight
Contract Type FiledMay 19th, 2009 Company IndustrySUPPLEMENTAL TO a secured multi-currency reducing revolving credit facility agreement dated 11 January 2008 as amended and supplemented by a first supplemental agreement dated 22 May 2008 each made between the Borrower and the Lender (together, the “Original Facility Agreement” and together with this Second Supplemental Agreement (hereinafter defined) as the same may be further amended, supplemented and/or novated from time to time, the “Facility Agreement”), on the terms and subject to the conditions of which the Lender has agreed to advance to the Borrower an aggregate amount not exceeding forty two million Dollars ($42,000,000) (the “Loan”) for the purposes described therein.
PELEA SHIPPING LTD. (as borrower) -and- DnB NOR BANK ASA (as lender) -and- SAFE BULKERS INC. (as corporate guarantor) -and- EFRAGEL SHIPPING CORPORATION MARINDOU SHIPPING CORPORATION AVSTES SHIPPING CORPORATION ENIAPROHI SHIPPING CORPORATION ENIADEFHI...Secured Multi-Currency Reducing Revolving Credit Facility Agreement • May 19th, 2009 • Safe Bulkers, Inc. • Deep sea foreign transportation of freight
Contract Type FiledMay 19th, 2009 Company IndustrySUPPLEMENTAL TO a secured multi-currency reducing revolving credit facility agreement dated 17 June 2007 as amended and supplemented by a first supplemental agreement dated 22 May 2008 and as further amended and supplemented by a second supplemental agreement dated 25 September 2008 each made between the Borrower and the Lender (together, the “Original Facility Agreement” and together with this Third Supplemental Agreement (hereinafter defined) as the same may be further amended, supplemented and/or novated from time to time, the “Facility Agreement”), on the terms and subject to the conditions of which the Lender has agreed to advance to the Borrower an aggregate amount not exceeding forty two million Dollars ($42,000,000) (the “Loan”) for the purposes described therein.
DATED 31 MARCH 2009 AVSTES SHIPPING CORPORATION (as borrower) -and- DnB NOR BANK ASA (as lender) -and- SAFE BULKERS INC. (as corporate guarantor) -and- PELEA SHIPPING LTD. EFRAGEL SHIPPING CORPORATION MARINDOU SHIPPING CORPORATION ENIAPROHI SHIPPING...Secured Multi-Currency Reducing Revolving Credit Facility Agreement • May 19th, 2009 • Safe Bulkers, Inc. • Deep sea foreign transportation of freight
Contract Type FiledMay 19th, 2009 Company IndustrySUPPLEMENTAL TO a secured multi-currency reducing revolving credit facility agreement dated 17 April 2008 as amended and supplemented by a first supplemental agreement dated 22 May 2008 each made between the Borrower and the Lender (together, the “Original Facility Agreement” and together with this Second Supplemental Agreement (hereinafter defined) as the same may be further amended, supplemented and/or novated from time to time, the “Facility Agreement”), on the terms and subject to the conditions of which the Lender has agreed to advance to the Borrower an aggregate amount not exceeding thirty six million Dollars ($36,000,000) (the “Loan”) for the purposes described therein.