ContractLoan Agreement • June 30th, 2008 • Star Bulk Carriers Corp. • Deep sea foreign transportation of freight
Date 27 December 2007 STAR BULK CARRIERS CORP. as Borrower —and — THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders —and — COMMERZBANK AG as Agent and as Security Trustee LOAN AGREEMENT relating to a term loan facility of up to...Loan Agreement • June 30th, 2008 • Star Bulk Carriers Corp. • Deep sea foreign transportation of freight
The Lenders have agreed to make available to the Borrower a term loan facility in an amount of up to the lesser of (a) $120,000,000 and (b) 80 per cent. of the aggregate Initial Market Value of the Ships which shall be made available to Borrower for the purpose of:
Trust Company Complex Ajeltake Road Ajeltake Island Majuro The Marshall Islands MH 96960Loan Agreement • June 30th, 2008 • Star Bulk Carriers Corp. • Deep sea foreign transportation of freight
We refer to the Loan Agreement. Words and expressions defined in the Loan Agreement shall have the same meanings when used in this Letter.
