Dated 15 April 2014 AMENDMENT AND RESTATEMENT AGREEMENT in respect of a FACILITY AGREEMENT in respect of one (1) Passenger Cruise Vessel Hull No. A34 dated 9 July 2013 between ROYAL CARIBBEAN CRUISES LTD. as Borrower SOCIÉTÉ GÉNÉRALE as Facility Agent...Facility Agreement • April 21st, 2014 • Royal Caribbean Cruises LTD • Water transportation
the Non-Exercise Premium) and up to one hundred per cent. (100%) of the COFACE Premium, in an aggregate amount not to exceed the Maximum Loan Amount.
Dated 15 April 2014 ROYAL CARIBBEAN CRUISES LTD. as Borrower THE BANK OF TOKYO- MITSUBISHI UFJ, LTD. as Facility Agent BANCO SANTANDER, S.A. as COFACE Agent THE BANK OF TOKYO-MITSUBISHI UFJ, LTD. as Documentation Bank THE BANK OF TOKYO- MITSUBISHI...Facility Agreement • April 21st, 2014 • Royal Caribbean Cruises LTD • Water transportation
TABLE OF CONTENTS Page 1. DEFINITIONS AND INTERPRETATION 2 1.1 Defined Terms 2 1.2 Interpretation 16 1.3 Third Party Rights 17 1.4 Accounting and Financial Determinations 18 2. THE FACILITY AND COMMITMENTS 18 2.1 The Facility 18 2.2 Purpose 18 2.3 Commitments of the Lenders 20 2.4 Voluntary Cancellation 20 2.5 Cancellation due to Lender Illegality 20 2.6 Delayed Delivery 21 2.7 Automatic Cancellation 21 2.8 Cancellation for Non–Exercise Premium 22 2.9 Construction Contract 22 2.10 Independence of Borrower’s Obligations 22 2.11 Finance Parties’ Rights and Obligations 22 3. DISBURSEMENT PROCEDURES; BORROWER’S PAYMENT INSTRUCTIONS23 23 3.1 Availability of Facility 23 3.2 Hedging; Preliminary Mechanics 23 3.3 Delivery of a Drawing Request 24 3.4 Completion of a Drawing Request 24 3.5 Currency and Amount of Disbursement 24 3.6 Drawing Request Amendment Request 24 3.7 Disbursement; Hedging Arrangements 25 3.8 Borrower’s Payment Instructions 26 4. CONDITIONS PRECEDENT 26 4.1 Conditions Preced
