Common Contracts
2 similar Debt Assumption Agreement contracts by Umami Sustainable Seafood Inc.
USD 15.000.000 LOAN AGREEMENT Between Umami Sustainable Seafood Inc. as Borrower and Atlantis Group hf. as LenderDebt Assumption Agreement • May 15th, 2012 • Umami Sustainable Seafood Inc. • Fishing, hunting and trapping
Clause Page 1 DEFINITIONS AND INTERPRETATION 2 2 THE FACILITY 4 3 Purpose 5 4 Conditions of Utilisation 5 5 Utilisation – (Draw down request) 6 6 Repayment 7 7 Prepayment 7 8 Interest 8 9 Interest Periods 9 10 TAXES 9 11 Increased costs 10 12 Other indemnities 10 13 Mitigation by the Lender 11 14 Costs and expenses 11 15 Guarantee and indemnity 11 16 Representations AND WARRANTIES 12 17 Information undertakings 13 18 NEGATIVE undertakings 15 19 Events of Default 18 20 ASSIGNMENTS AND SUBSTITUTION 20 21 Changes to the Borrower 20 22 Conduct of business by the Lender 21 23 Payment mechanics 21 24 Set-off 22 25 Notices 22 26 Calculations and certificates 23 27 Partial invalidity 23 28 Remedies and waivers 23 29 Counterparts 23 30 Governing law 24 31 Enforcement 24 SCHEDULE 1 26 SCHEDULE 2 30 SCHEDULE 3 31
CREDIT FACILITY USD 15.000.000 LOAN AGREEMENTDebt Assumption Agreement • October 22nd, 2010 • Umami Sustainable Seafood Inc. • Wholesale-electrical apparatus & equipment, wiring supplies
WHERERAS The Lender has agreed to extend the Borrower a line of credit in the form of this Credit facility in the maximum amount of USD 15,000,000 under the terms and conditions set forth herein the Parties agree as follows:
