Date 4 December 2007 as amended and restated by the First Amending and Restating Agreement dated 9 March 2010 and a Second Amending and Restating Agreement dated 30 November 2012 PARAGON SHIPPING INC. as Borrower - and - THE BANKS AND FINANCIAL...Loan Agreement • April 18th, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight • England and Wales
THIS LOAN AGREEMENT is originally made on 4 December 2007 as amended and restated by the First Amending and Restating Agreement dated 9 March 2010 and as further amended and restated by a Second Amending and Restating Agreement dated 30 November 2012
DATED 30 November 2012 ERIS SHIPPING S.A. (as borrower) -and- PARAGON SHIPPING INC. (as guarantor) -and- HSBC BANK plc (as lender)First Supplemental Agreement • April 18th, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
Page 1 Interpretation 3 2 Conditions 4 3 Representations and Warranties 6 4 Amendments to the Loan Agreement and the Security Documents 6 5 Confirmation and Undertaking 12 6 Communications, Law and Jurisdiction 13 Schedule 9 Effective Date Confirmation 9
Dated 28 November 2012 PARAGON SHIPPING INC. as Borrower -and- THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders -and- THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 2 as Swap Banks -and- THE GOVERNOR AND COMPANY OF THE...Second Supplemental Agreement • April 18th, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
Clause Page 1 DEFINITIONS 1 2 REPRESENTATIONS AND WARRANTIES 1 3 AGREEMENT OF THE CREDITOR PARTIES 2 4 CONDITIONS 3 5 VARIATIONS TO LOAN AGREEMENT 4 6 CONTINUANCE OF LOAN AGREEMENT AND FINANCE DOCUMENTS 4 7 FEES AND EXPENSES 5 8 NOTICES 5 9 APPLICABLE LAW 5 10 THIRD PARTY RIGHTS 6 EXECUTION PAGES 7 SCHEDULE 1 LENDERS AND COMMITMENTS 9 SCHEDULE 2 SWAP BANKS 10 SCHEDULE 3 FORM OF CONFIRMATION 11
Dated 30 November 2012 FIFTH SUPPLEMENTAL AGREEMENT relating to a secured credit facility of up to US$90,000,000 to PARAGON SHIPPING INC. as Borrower provided by THE BANKS AND FINANCIAL INSTITUTIONS listed in schedule 1 as Lenders Arranger, Agent and...Fifth Supplemental Agreement • April 18th, 2013 • Paragon Shipping Inc. • Deep sea foreign transportation of freight
Clause Page 1 Definitions 2 2 Consent of the Creditor Parties 3 3 Amendments to Principal Agreement 4 4 Representations and warranties 10 5 Conditions 11 6 Relevant Parties' confirmations 13 7 Fees and expenses 13 8 Miscellaneous and notices 14 9 Applicable law 14 Schedule 1 Names and lending offices of the Lenders 16 Schedule 2 The Owners 17 Schedule 3 The Relevant Ship and its details 18 Schedule 4 Documents and evidence required as conditions precedent 19
