CREDIT AGREEMENT among GENCO SHIPPING & TRADING LIMITED, VARIOUS LENDERS, and NORDEA BANK FINLAND PLC, acting through its New York branch, as Administrative Agent, Mandated Lead Arranger, Bookrunner and Collateral Agent, BAYERISCHE HYPO- UND...Pledge and Security Agreement • September 8th, 2008 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight • New York
THIS SENIOR SECURED CREDIT AGREEMENT (this “Credit Agreement”), is made as of [DATE], 2008, by and among (1) GENCO SHIPPING & TRADING LIMITED, a corporation organized and existing under the laws of the Republic of Marshall Islands (the “Borrower”), (2) the banks and financial institutions acceptable to the Borrower and Mandated Lead Arrangers (as defined below) listed in Schedule I of this Credit Agreement, as lenders (the “Lenders”), (3) NORDEA BANK FINLAND PLC, acting through its New York branch (“Nordea”) as Administrative Agent (in such capacity, the “Administrative Agent”), as mandated lead arranger, as bookrunner, and as security trustee and as collateral agent under the Security Documents (in such capacity, the “Collateral Agent”), (4) Bayerische Hypo- und Vereinsbank AG (“HVB”) as mandated lead arranger and as bookrunner (in such capacity and together with Nordea, the “Bookrunners”), (5) DnB NOR Bank ASA (“DnB NOR”) as mandated lead arranger, and (6) SUMITOMO MITSUI BANKING COR
