Common Contracts
16 similar Term Loan Facility contracts by Ardmore Shipping Corp, Navios Maritime Partners L.P., Okeanis Eco Tankers Corp., others
Dated 31 January 2024 US$34,700,000 TERM LOAN FACILITY OMEGA ONE MARINE CORP. as Borrower and OKEANIS ECO TANKERS CORP. as Guarantor and THE FINANCIAL INSTITUTIONS listed in Part B of Schedule 1 as Original Lenders and KEXIM ASIA LIMITED as Mandated...Term Loan Facility • April 30th, 2024 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
(1)OMEGA ONE MARINE CORP., a corporation incorporated in the Republic of the Marshall Islands, whose registered office is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960 as borrower (the “Borrower”)
Dated 20 December 2023 TERM LOAN FACILITY NAVARRA SHIPPING CORPORATION PELAYO SHIPPING CORPORATION HS TANKERS INC. HS SOUTH INC. DELTA NAVAL TRADE S.A. as joint and several Borrowers ALPHA BANK S.A. as Arranger ALPHA BANK S.A. as Facility Agent and...Term Loan Facility • April 29th, 2024 • Navios South American Logistics Inc. • Arrangement of transportation of freight & cargo
Dated 3 January 2024 TERM LOAN FACILITY OINOUSSES SHIPPING CORPORATION PSARA SHIPPING CORPORATION and TINOS SHIPPING CORPORATION as joint and several Borrowers and Hedge Guarantors and THE FINANCIAL INSTITUTIONS listed in Part B of Schedule 1 as...Term Loan Facility • April 3rd, 2024 • Navios Maritime Partners L.P. • Deep sea foreign transportation of freight
Dated 27 June 2023 US$113,000,000 TERM LOAN FACILITY OMEGA THREE MARINE CORP. OMEGA FOUR MARINE CORP. ARETHUSA SHIPPING CORP. as joint and several Borrowers and Hedge Guarantors and OKEANIS ECO TANKERS CORP. as Guarantor and ABN AMRO BANK N.V. as...Term Loan Facility • November 2nd, 2023 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight
Dated 25 April 2023 TERM LOAN FACILITY KARPATHOS SHIPPING CORPORATION PATMOS SHIPPING CORPORATION as joint and several Borrowers and THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and KFW IPEX-BANK GMBH as Mandated Lead Arranger...Term Loan Facility • June 1st, 2023 • Navios Maritime Partners L.P. • Deep sea foreign transportation of freight
The Lenders have agreed to make available to the Borrowers a senior secured term loan facility not exceeding the lower of (i) $165,637,635.08 and (ii) the aggregate of 70 per cent. of the Contract Price of the Ships and 100 per cent. of each K-SURE Premium to partly finance, or as the case may be, refinance the Contract Price of the Ships, which are under construction by the Builder for, and purchased by, each Borrower pursuant to the Shipbuilding Contract relevant to that Ship and the relevant K-SURE Premium, divided into four Tranches as follows:
US$63,600,000 TERM LOAN FACILITYTerm Loan Facility • April 4th, 2023 • United Maritime Corp • Water transportation
The Lenders have agreed to make available to the Borrowers a senior secured term loan facility in four Tranches in an aggregate amount not exceeding US$63,600,000, for the purpose of financing part of the Purchase Price (as in hereinafter defined) of the Ships.
Dated 21 December 2022 TERM LOAN FACILITY RHODES SHIPPING CORPORATION CRETE SHIPPING CORPORATION SKYROS SHIPPING CORPORATION as joint and several Borrowers FIRST-CITIZENS BANK & TRUST COMPANY as Facility Agent and FIRST-CITIZENS BANK & TRUST COMPANY...Term Loan Facility • March 24th, 2023 • Navios Maritime Partners L.P. • Deep sea foreign transportation of freight
The Lenders have agreed to make available to the Borrowers a senior secured term loan facility, in three Tranches, in an aggregate amount of up to the lesser of (i) $44,200,000 and (ii) 47.50 per cent. of the aggregate of the Initial Market Value of the Ships for the purpose of refinancing the Existing Indebtedness secured on each Ship.
US$22,500,000 TERM LOAN FACILITY SEA GLORIUS SHIPPING CO. SEA GENIUS SHIPPING CO. as joint and several Borrowers and SEANERGY MARITIME HOLDINGS CORP. as Guarantor and LUCID AGENCY SERVICES LIMITED as Facility Agent and LUCID TRUSTEE SERVICES LIMITED...Term Loan Facility • February 22nd, 2021 • Seanergy Maritime Holdings Corp. • Deep sea foreign transportation of freight
US$24,000,000 TERM LOAN FACILITY EIGHTHONE CORP. as Borrower and PYXIS TANKERS INC. as Guarantor and WILMINGTON TRUST, NATIONAL ASSOCIATION as Facility Agent and WILMINGTON TRUST, NATIONAL ASSOCIATION as Security Agent FACILITY AGREEMENT relating to...Term Loan Facility • March 29th, 2019 • Pyxis Tankers Inc. • Deep sea foreign transportation of freight
The Lenders have agreed to make available to the Borrower a senior secured term loan facility of US$24,000,000, for the purpose of refinancing the Existing Indebtedness secured on the Ship and general corporate purposes.
Dated 3 October 2018 US$38,500,000 TERM LOAN FACILITY PHILIPPOS MARINE LLC ARISTOTELES MARINE LLC MENELAOS MARINE LLC as joint and several Borrowers and TRITON CONTAINERS HOLDINGS LLC POSEIDON CONTAINERS HOLDINGS LLC as Guarantors and WILMINGTON...Term Loan Facility • March 29th, 2019 • Global Ship Lease, Inc. • Deep sea foreign transportation of freight
The Lenders have agreed to make available to the Borrowers a facility of US$38,500,000 for the purpose of refinancing part of the Existing Indebtedness in respect of the Ships.
increased to $238,750,100) AMENDMENT NO. 1 TO TERM LOAN FACILITYTerm Loan Facility • March 13th, 2017 • Ardmore Shipping Corp • Deep sea foreign transportation of freight
Appendix Part A Form of Amended and Restated Facility Agreement marked to indicate amendments to the Facility Agreement
Dated 29 July 2016 TERM LOAN FACILITYTerm Loan Facility • March 13th, 2017 • Ardmore Shipping Corp • Deep sea foreign transportation of freight
Dated 13 January 2016Term Loan Facility • April 6th, 2016 • Ardmore Shipping Corp • Deep sea foreign transportation of freight
Dated 19 March 2014 (as amended and restated on 24 July 2014) TERM LOAN FACILITY FAIR ISLE SHIPCO LLC FAROE SHIPCO LLC PLYMOUTH SHIPCO LLC PORTLAND SHIPCO LLC WIGHT SHIPCO LLC LUNDY SHIPCO LLC FISHER SHIPCO LLC HUMBER SHIPCO LLC DOVER SHIPCO LLC SOLE...Term Loan Facility • March 27th, 2015 • Ardmore Shipping Corp • Deep sea foreign transportation of freight
Dated 19 March 2014 TERM LOAN FACILITY FAIR ISLE SHIPCO LLC FAROE SHIPCO LLC PLYMOUTH SHIPCO LLC PORTLAND SHIPCO LLC WIGHT SHIPCO LLC LUNDY SHIPCO LLC FISHER SHIPCO LLC HUMBER SHIPCO LLC as joint and several Borrowers and Hedge Guarantors and ARDMORE...Term Loan Facility • April 24th, 2014 • Ardmore Shipping Corp • Deep sea foreign transportation of freight
Clause Page Section 1 Interpretation 2 1 Definitions and Interpretation 2 Section 2 The Facility 23 2 The Facility 23 3 Purpose 24 4 Conditions of Utilisation 24 Section 3 Utilisation 26 5 Utilisation 26 Section 4 Repayment, Prepayment and Cancellation 29 6 Repayment 29 7 payment and Cancellation 29 Section 5 Costs of Utilisation 34 8 Interest 34 9 Interest Periods 36 10 Changes to the Calculation of Interest 37 11 Fees 38 Section 6 Additional Payment Obligations 40 12 Tax Gross Up and Indemnities 40 13 Increased Costs 44 14 Other Indemnities 45 15 Mitigation by the Finance Parties 48 16 Costs and Expenses 48 Section 7 Guarantees and Joint and Several Liability of Borrowers 50 17 Guarantee and Indemnity – Guarantors 50 18 Joint and Several Liability of the Guarantors 52 19 Joint and Several Liability of the Borrowers 54 Section 8 Guarantee and Indemnity - Hedge Guarantors 56 20 Guarantee and Indemnity – Hedge Guarantors 56 Section 9 Representations, Undertakings and Events of Default 5
Dated 14 March 2014 US$39,000,000 TERM LOAN FACILITY STAR SIRIUS LLC and STAR VEGA LLC as joint and several Borrowers and STAR BULK CARRIERS CORP. as Parent Guarantor and DEUTSCHE BANK AG FILIALE DEUTSCHLANDGESCHAFT as Arranger and DEUTSCHE BANK AG...Term Loan Facility • March 21st, 2014 • Star Bulk Carriers Corp. • Deep sea foreign transportation of freight
Clause Page Section 1 Interpretation 2 1 Definitions and Interpretation 2 Section 2 The Facility 22 2 The Facility 22 3 Purpose 22 4 Conditions of Utilisation 22 Section 3 Utilisation 24 5 Utilisation 24 Section 4 Repayment, Prepayment and Cancellation 25 6 Repayment 25 7 Repayment and Cancellation 25 Section 5 Costs of Utilisation 29 8 Interest 29 9 Interest Periods 32 10 Changes to the Calculation of Interest 32 11 Fees 34 Section 6 Additional Payment Obligations 35 12 Tax Gross Up and Indemnities 35 13 Increased Costs 39 14 Other Indemnities 41 15 Mitigation by the Finance Parties 43 16 Costs and Expenses 43 Section 7 Guarantees and Joint and Several Liability of Borrowers 45 17 Guarantee and Indemnity — Parent Guarantor 45 18 Joint and Several Liability of the Borrowers 47 Section 8 Representations, Undertakings and Events of Default 50 19 Representations 50 20 Information Undertakings 56 21 Financial Covenants 59 22 General Undertakings 62 23 Insurance Undertakings 67 24 General S
