SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF DYNAGAS LNG PARTNERS LPDynagas LNG Partners LP • March 25th, 2014 • Water transportation • Marshall Islands
THIS SECOND AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF DYNAGAS LNG PARTNERS LP, dated as of November 18, 2013, is entered into by and between Dynagas GP LLC, a Marshall Islands limited liability company, as the General Partner, and Dynagas Holding Ltd., a Marshall Islands company, as the Organizational Limited Partner, together with any other Persons who become Partners in the Partnership or parties hereto as provided herein. In consideration of the covenants, conditions and agreements contained herein, the parties agree as follows:
Dated 14 November 2013 PEGASUS SHIPHOLDING S.A. SEACROWN MARITIME LTD. and LANCE SHIPPING S.A. as joint and several Borrowers and THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and THE BANKS AND FINANCIAL INSTITUTIONS listed in...Agreement • March 25th, 2014 • Dynagas LNG Partners LP • Water transportation
Clause Page 1 Interpretation 1 2 Facility 17 3 Position of the Lenders and Swap Banks 17 4 Drawdown 18 5 Interest 19 6 Interest Periods 21 7 Default Interest 22 8 reduction, Repayment, Prepayment and Cancellation 23 9 Conditions Precedent 26 10 Representations and Warranties 26 11 General Undertakings 29 12 Corporate Undertakings 33 13 Insurance 34 14 Ship Covenants 39 15 Security Cover 44 16 Payments and Calculations 46 17 Application of Receipts 47 18 Application of Earnings 49 19 Events of Default 50 20 Fees and Expenses 55 21 Indemnities 56 22 No Set-Off or Tax Deduction 58 23 Illegality, etc 59 24 Increased Costs 59 25 Set-Off 61 26 Transfers and Changes in Lending Offices 62 27 Variations and Waivers 65 28 Notices 66 29 Joint and Several Liability 68 30 Supplemental 69 31 Law and Jurisdiction 70 Schedule 1 Lenders and Commitments Part 1 72 Schedule 2 Swap Banks 73 Schedule 3 Drawdown Notice 74 ScheduLe 4 Condition Precedent Document 75 Schedule 5 Transfer Certificate 77 Execution
EXECUTIVE SERVICES AGREEMENTExecutive Services Agreement • March 25th, 2014 • Dynagas LNG Partners LP • Water transportation
DYNAGAS LNG PARTNERS LP, a Marshall Islands limited partnership having its registered office at Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH 96960 (the "Partnership"),
