AMENDMENT NO. 2 TO COLLATERAL TRUST AGREEMENTCollateral Trust Agreement • April 29th, 2010 • Calpetro Tankers (Bahamas Iii) LTD • Miscellaneous business credit institution • New York
THIS AMENDMENT NO. 2 dated as of April 1, 2010 (this "Amendment"), among (i) CALIFORNIA PETROLEUM TRANSPORT CORPORATION ("CalPetro"), (ii) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. (as successor in interest to Chemical Trust of California ("Chemical") and Chase Manhattan Bank And Trust Company, National Association (together with Chemical, the "Prior Trustees")), as Collateral Trustee, Serial Indenture Trustee and Term Indenture Trustee (the "Collateral Trustee" and "Indenture Trustee"), (iii) CALPETRO TANKERS (BAHAMAS I) LIMITED ("CalPetro Tankers I"), (iv) CALPETRO TANKERS (BAHAMAS II) LIMITED ("CalPetro Tankers II"), (v) CALPETRO TANKERS (BAHAMAS III) LIMITED ("CalPetro Tankers III") and (vi) CALPETRO TANKERS (IOM) LIMITED ("CalPetro Tankers IOM", and together with CalPetro Tankers I, CalPetro Tankers II and CalPetro Tankers III, the "Owners") to the Collateral Trust Agreement dated as of April 5, 1995 among CalPetro, the Indenture Trustee, the Collateral Trustee and the Owner
TERMINATION OF DEBENTURETermination Agreement • April 29th, 2010 • Calpetro Tankers (Bahamas Iii) LTD • Miscellaneous business credit institution • New York
THIS TERMINATION AGREEMENT (this "Termination") is made and entered into as of April 8, 2010, by and between (i) CALPETRO TANKERS (BAHAMAS III) LIMITED, a company organized under the laws of the Bahamas (the "Owner"), and (ii) CALIFORNIA PETROLEUM TRANSPORT CORPORATION, a company organized under the laws of the state of Delaware ("CPTC"), in respect of the debenture dated as of April 1, 1995 between the Owner and CPTC (the "Debenture"). Capitalized terms used herein without definition shall have the respective meanings ascribed thereto (or incorporated by reference) in the Debenture, which also contains rules of usage that apply to terms defined therein and herein.
TERMINATION OF STATUTORY MORTGAGETermination Agreement • April 29th, 2010 • Calpetro Tankers (Bahamas Iii) LTD • Miscellaneous business credit institution • New York
THIS TERMINATION AGREEMENT (this "Termination") is made and entered into as of April 8, 2010, by and between (i) CALPETRO TANKERS (BAHAMAS III) LIMITED, a company organized under the laws of the Bahamas (the "Owner"), and (ii) THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. as successor in interest to Chemical Trust of California and Chase Manhattan Bank And Trust Company, National Association, as collateral trustee (the "Collateral Trustee"), as transferee from California Petroleum Transport Corporation, a company organized under the laws of the state of Delaware ("CPTC"), to the Bahamian statutory mortgage dated as of June 28, 2001 between the Owner and the Collateral Trustee, as transferee from CPTC (the "Statutory Mortgage") on the Vessel (as defined below). Capitalized terms used herein without definition shall have the respective meanings ascribed thereto (or incorporated by reference) in the Statutory Mortgage, which also contains rules of usage that apply to terms defined there
TERMINATION OF DEED OF COVENANTSTermination Agreement • April 29th, 2010 • Calpetro Tankers (Bahamas Iii) LTD • Miscellaneous business credit institution • New York
THIS TERMINATION AGREEMENT (this "Termination") is made and entered into as of April 8, 2010, by and between (i) CALPETRO TANKERS (BAHAMAS III) LIMITED, a company organized under the laws of the Bahamas (the "Owner"), and (ii) CALIFORNIA PETROLEUM TRANSPORT CORPORATION, a company organized under the laws of the state of Delaware ("CPTC"), to the deed of covenants dated as of June 28, 2001 between the Owner and CPTC (the "Deed of Covenants") to accompany a first priority Bahamian statutory mortgage between the Owner, CPTC and The Bank of New York Mellon Trust Company, N.A., as collateral trustee (the "Collateral Trustee") and transferee from CPTC. Capitalized terms used herein without definition shall have the respective meanings ascribed thereto (or incorporated by reference) in the Deed of Covenants, which also contains rules of usage that apply to terms defined therein and herein.
TERMINATION OF TERM LOAN AGREEMENTTermination Agreement • April 29th, 2010 • Calpetro Tankers (Bahamas Iii) LTD • Miscellaneous business credit institution • New York
THIS TERMINATION AGREEMENT (this "Termination") is made and entered into as of April 8, 2010, by and between (i) CALPETRO TANKERS (BAHAMAS III) LIMITED, a company organized under the laws of the Bahamas (the "Owner"), and (ii) CALIFORNIA PETROLEUM TRANSPORT CORPORATION, a company organized under the laws of the state of Delaware ("CPTC"), to the term loan agreement dated as of April 1, 1995 between the Owner and CPTC (the "Loan Agreement"). Capitalized terms used herein without definition shall have the respective meanings ascribed thereto (or incorporated by reference) in the Loan Agreement, which also contains rules of usage that apply to terms defined therein and herein.
TERMINATION OF ASSIGNMENT OF CHARTERTermination Agreement • April 29th, 2010 • Calpetro Tankers (Bahamas Iii) LTD • Miscellaneous business credit institution • New York
THIS TERMINATION AGREEMENT (this "Termination") is made and entered into as of April 8, 2010, by and between (i) CALPETRO TANKERS (BAHAMAS III) LIMITED, a company organized under the laws of the Bahamas (the "Owner"), and (ii) CALIFORNIA PETROLEUM TRANSPORT CORPORATION, a company organized under the laws of the state of Delaware ("CPTC"), to the Assignment of Charter dated as of March 31, 2006 between the Owner and CPTC (the "Assignment"). Capitalized terms used herein without definition shall have the respective meanings ascribed thereto (or incorporated by reference) in the Assignment, which also contains rules of usage that apply to terms defined therein and herein.
AMENDMENT NO. 2 TO MANAGEMENT AND REMARKETING AGREEMENTManagement and Remarketing Agreement • April 29th, 2010 • Calpetro Tankers (Bahamas Iii) LTD • Miscellaneous business credit institution • New York
THIS AMENDMENT NO. 2 dated as of April 8, 2010 (this “Amendment”), between (i) CALPETRO TANKERS (BAHAMAS III) LIMITED (the “Owner”), a company organized under the laws of the Bahamas, and (ii) Frontline Ltd., a company organized under the laws of Bermuda (the “Manager”), to the Management and Remarketing Agreement dated as of April 1, 1995 (the “Original Management Agreement”) among the Owner, P.D. Gram & Co. A.S. (the “Original Manager”) and Barber Ship Management A.S. (the “Original Technical Advisor”) as modified by that certain Assignment and Assumption of Management and Remarketing Agreement dated as of March 31, 1999 whereby the Original Manager and the Original Technical Advisor assigned all of their rights, powers and interests and delegated all of their duties and obligations under the Original Management Agreement to the Manager, and as amended on June 28, 2001 (the Original Management Agreement as so modified and amended, and as the same may be further amended, supplemented
TERMINATION OF ASSIGNMENT OF PURCHASE AGREEMENTTermination of Assignment of Purchase Agreement • April 29th, 2010 • Calpetro Tankers (Bahamas Iii) LTD • Miscellaneous business credit institution • New York
THIS TERMINATION AGREEMENT (this "Termination") is made and entered into as of April 8, 2010, by and between (i) CALPETRO TANKERS (BAHAMAS III) LIMITED, a company organized under the laws of the Bahamas (the "Owner"), and (ii) CALIFORNIA PETROLEUM TRANSPORT CORPORATION, a company organized under the laws of the state of Delaware ("CPTC"), to the assignment from the Owner to CPTC, dated as of April 1, 1995 (the "Assignment"), of the vessel purchase agreement dated as of April 1, 1995 between the Owner and Chevron Transport Corporation (the "Purchase Agreement"). Capitalized terms used herein without definition shall have the respective meanings ascribed thereto (or incorporated by reference) in the Assignment, which also contains rules of usage that apply to terms defined therein and herein.
TERMINATION OF ASSIGNMENT OF EARNINGS AND INSURANCESTermination of Assignment of Earnings and Insurances • April 29th, 2010 • Calpetro Tankers (Bahamas Iii) LTD • Miscellaneous business credit institution • New York
THIS TERMINATION AGREEMENT (this "Termination") is made and entered into as of April 8, 2010, by and between (i) CALPETRO TANKERS (BAHAMAS III) LIMITED, a company organized under the laws of the Bahamas (the "Owner"), and (ii) CALIFORNIA PETROLEUM TRANSPORT CORPORATION, a company organized under the laws of the state of Delaware ("CPTC"), to the assignment of earnings and insurances dated as of April 1, 1995 between the Owner and CPTC (the "Assignment"). Capitalized terms used herein without definition shall have the respective meanings ascribed thereto (or incorporated by reference) in the Assignment, which also contains rules of usage that apply to terms defined therein and herein.
