Common Contracts
2 similar Agreement contracts by International Shipholding Corp
ASSIGNMENT, ASSUMPTION, AMENDMENT AND RESTATEMENT OF SENIOR SECURED TERM LOAN FACILITY AGREEMENT PROVIDING FOR SENIOR SECURED TERM LOANS OF US$52,305,238.13Agreement • August 3rd, 2015 • International Shipholding Corp • Deep sea foreign transportation of freight • New York
THIS ASSIGNMENT, ASSUMPTION, AMENDMENT AND RESTATEMENT OF SENIOR SECURED TERM LOAN FACILITY AGREEMENT (the “Agreement”) is made as of the 10th day of June 2015, by and among (1) DRY BULK AMERICAS LTD., a corporation organized and existing under the laws of the British Virgin Islands (“Dry Bulk Americas”) and DRY BULK AUSTRALIA LTD., a corporation organized and existing under the laws of the British Virgin Islands (“Dry Bulk Australia”), as joint and several borrowers (the “Assignees” or the “Borrowers” and each an “Assignee” or a “Borrower”), (2) EAST GULF SHIPHOLDING, INC., a corporation organized and existing under the laws of the Republic of the Marshall Islands (“EGS” or the “Assignor”), as assignor, (3) INTERNATIONAL SHIPHOLDING CORPORATION, a corporation organized and existing under the laws of the State of Delaware, as guarantor (the “Guarantor”), (4) the banks and financial institutions listed on Schedule I, as lenders (together with any bank or financial institution which beco
CREDIT AGREEMENT PROVIDING FOR A SENIOR SECURED TERM LOAN OF UP TO US$32,000,000Agreement • August 3rd, 2015 • International Shipholding Corp • Deep sea foreign transportation of freight • New York
THIS SENIOR SECURED TERM LOAN CREDIT AGREEMENT (this “Agreement”) is made as of the 20th day of April, 2015, by and among (1) EAST GULF SHIPHOLDING, INC., a corporation organized and existing under the laws of the Marshall Islands (the “Borrower”), as borrower, (2) INTERNATIONAL SHIPHOLDING CORPORATION, a corporation organized and existing under the laws of the State of Delaware, as guarantor (the “Guarantor”), (3) the banks and financial institutions listed on Schedule I, as lenders (together with any bank or financial institution which becomes a Lender pursuant to Section 12, the “Lenders” and each a “Lender”), (4) DVB BANK SE, as facility agent (in such capacity including any successor thereto, the “Facility Agent”), and as security trustee for the Lenders (in such capacity, the “Security Trustee” and, together with the Facility Agent, the “Agents”) and (5) DVB BANK SE, as mandated lead arranger (in such capacity, the “Mandated Lead Arranger”).
