CREDIT AGREEMENT PROVIDING FOR A SENIOR SECURED TERM LOAN OF UP TO US$32,000,000Credit Agreement • 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”).
FIFTH AMENDMENT TO CREDIT AGREEMENT AND CONSENT AGREEMENTCredit Agreement • August 3rd, 2015 • International Shipholding Corp • Deep sea foreign transportation of freight • New York
THIS FIFTH AMENDMENT TO CREDIT AGREEMENT AND CONSENT AGREEMENT (the “Agreement”) dated as of June 19, 2015 is entered into among INTERNATIONAL SHIPHOLDING CORPORATION, a Delaware corporation (“ISC”), ENTERPRISE SHIP COMPANY, INC., a Delaware corporation (“Enterprise”), SULPHUR CARRIERS, INC., a Delaware corporation (“Sulphur Carriers”), CG RAILWAY, INC., a Delaware corporation (“CG Railway”), CENTRAL GULF LINES, INC., a Delaware corporation (“Central Gulf”), WATERMAN STEAMSHIP CORPORATION, a New York corporation (“Waterman”), COASTAL CARRIERS, INC., a Delaware corporation (“Coastal”), N.W. JOHNSEN & CO., INC., a New York corporation (“NWJ”), LMS SHIPMANAGEMENT, INC., a Louisiana corporation (“LMS”), U.S. UNITED OCEAN SERVICES, LLC, a Florida limited liability company (“UOS”), MARY ANN HUDSON, LLC, a Delaware limited liability company (“MAH”), SHEILA MCDEVITT, LLC, a Delaware limited liability company (“SAM”), TOWER, LLC, an Alabama limited liability company (“Tower”), FRASCATI SHOPS, I
ASSIGNMENT, ASSUMPTION, AMENDMENT AND RESTATEMENT OF SENIOR SECURED TERM LOAN FACILITY AGREEMENT PROVIDING FOR SENIOR SECURED TERM LOANS OF US$52,305,238.13Senior Secured Term Loan Facility Agreement • 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
REGIONSCredit Agreement • August 3rd, 2015 • International Shipholding Corp • Deep sea foreign transportation of freight
Reference is made to (i) that certain Credit Agreement, dated as of September 24, 2013, by and among International Shipholding Corporation, Enterprise Ship Company, Inc.,, Sulfur Carriers, Inc. , CG Railway, Inc., Central Gulf Lines, Inc., Waterman Steamship Cot potation, Coastal Carriers, Inc., N.W. Johnsen & Co . Inc.. LMS Shipmanagement Inc., U.S. United Ocean Services, LIE, Mary Ann Hudson, LLC, Sheila McDevitt, LL.C, Tower, LI.C, Frascati Shops, Inc. (collectively, the "Borrowers"), the Lenders pally thereto, and Regions Bank (the "Agent), as administrative and collateral agent (as amended from time to time. the "Credit Agreement"); and (ii) that certain Filth Amendment to Credit Agreement and Consent Agreement, dated as of June 19, 2015, by and among the Borrowers, the Lenders and the Agent (the "Fifth Amendment"). Capitalized terms not otherwise defined herein shall have the meanings ascribed to them in the Credit Agreement
INTERNATIONAL SHIPHOLDING CORPORATION 11 North Water Street, Suite 18290Credit Agreement • August 3rd, 2015 • International Shipholding Corp • Deep sea foreign transportation of freight
