Common Contracts
2 similar Guarantee Facility Agreement contracts by TBS International LTD, TBS International PLC
Date 7 May 2010 ARGYLE MARITIME CORP. CATON MARITIME CORP. DORCHESTER MARITIME CORP. LONGWOODS MARITIME CORP. McHENRY MARITIME CORP. SUNSWYCK MARITIME CORP. as Joint and Several Obligors – and – THE ROYAL BANK OF SCOTLAND PLC as Issuer AMENDING AND...Guarantee Facility Agreement • May 11th, 2010 • TBS International PLC • Deep sea foreign transportation of freight
Clause Page 1 INTERPRETATION 1 2 AGREEMENT OF ALL PARTIES TO THE AMENDMENT OF THE FACILITY AGREEMENT AND EXISITING FINANCE DOCUMENTS 2 3 CONDITIONS PRECEDENT 2 4 REPRESENTATIONS AND WARRANTIES 2 5 AMENDMENT OF FACILITY AGREEMENT AND EXISTING FINANCE DOCUMENTS 3 6 FURTHER ASSURANCES 3 7 NOTICES 4 8 SUPPLEMENTAL 4 9 LAW AND JURISDICTION 4 EXECUTION PAGES 5 APPENDIX 1 FORM OF AMENDMENT AND RESTATED FACILITY AGREEMENT MARKED TO INDICATE AMENDMENTS TO THE LOAN AGREEMENT 7 APPEDIX 2 FORM OF CORPORATE GUARANTEE SUPPLEMENTS 8
Date March 29, 2007 ARGYLE MARITIME CORP. CATON MARITIME CORP. DORCHESTER MARITIME CORP. LONGWOODS MARITIME CORP. McHENRY MARITIME CORP. SUNSWYCK MARITIME CORP. as Joint and Several Obligors -and- THE ROYAL BANK OF SCOTLAND PLC as Issuer GUARANTEE...Guarantee Facility Agreement • April 2nd, 2007 • TBS International LTD • Deep sea foreign transportation of freight
The Issuer has agreed to make available to the Obligors a guarantee facility of up to $84,000,000 to provide performance guarantees in relation to the payment of the second, third and fourth scheduled stage payments payable under the shipbuilding contracts for each of six newbuilding multipurpose carriers to be built at Yahua Shipyard, China having hull nos. NYHS200720, NYHS200721, NYHS200722, NYHS200723, NYHS200724 and NYHS200725.
