Common Contracts

2 similar Loan Agreement contracts by Pangaea Logistics Solutions Ltd., Quartet Holdco Ltd.

LOAN AGREEMENT
Loan Agreement • February 4th, 2015 • Pangaea Logistics Solutions Ltd. • Deep sea foreign transportation of freight

WHEREAS the Lender has made available to the Borrower a loan of $ 12,500,000 upon and subject to the terms of this Agreement, a Subscription Agreement, concluded as of the date hereof between the Lender, ASO Maritime S.A., and Bulk Fleet Bermuda Holding Company Limited ("BFB") (the "Subscription Agreement"), as well as, a certain transfer restructuring agreement concluded as of the date hereof between (the “Restructuring Agreement”);

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LOAN AGREEMENT
Loan Agreement • June 25th, 2014 • Quartet Holdco Ltd. • Deep sea foreign transportation of freight

WHEREAS the Lender has made available to the Borrower a loan of $ 12,500,000 upon and subject to the terms of this Agreement, a Subscription Agreement, concluded as of the date hereof between the Lender, ASO Maritime S.A., and Bulk Fleet Bermuda Holding Company Limited ("BFB") (the "Subscription Agreement"), as well as, a certain transfer restructuring agreement concluded as of the date hereof between (the “Restructuring Agreement”);

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