MEMORANDUM OF AGREEMENT Dated: 29/12/2004Memorandum of Agreement • May 12th, 2005 • Mc Shipping Inc • Deep sea foreign transportation of freight • London
Urbana Shipping Ltd, Mareva House, 4 George Street, Nassau, Bahamas hereinafter called the Sellers, have agreed to sell, and MUNIA Mobilliengesellschaft mbH & Co Toelzer Strasse 15, 82031, Gruenwald, Germany, or its nominee hereinafter called the Buyers, have agreed to buy
AGREEMENT About the entry as limited partner in the limited partnership MUNIA Mobiliengesellschaft mBH & Co. KG With its principal place of business in Grünwald Between MUNIA Mobilien-Verwaltungsgesellschaft mbH with its principal place of business in...Agreement • May 12th, 2005 • Mc Shipping Inc • Deep sea foreign transportation of freight
MUNIA participates in MUNIA Mobiliengesellschaft mbH & Co. KG (hereinafter referred to as the “Company”) as general partner without capital share. By Memoranda of Agreement dated as of December 29, 2004, the Company acquired the Container Vessels “Ankara”, “Maersk Brisbane”, “Maersk Belawan”, “Maersk Barcelona” (hereinafter referred to as the “Container Vessels”). The financing of the acquisition shall be provided by outside loan facilities and by equity in the amount of USD 15,2 Mio.. MIRAN will participate in the Company as limited partner with a capital share of USD 11.2 Mio., which is intended to be sold to private investors in connection with a fund-concept. MC Shipping has agreed to take over additional equity capital in the amount of USD 4 Mio.
Date: January 4, 2005 - and - MUNIA MOBILIENGESELLSCHAFT MBH & CO. KGAgreement • May 12th, 2005 • Mc Shipping Inc • Deep sea foreign transportation of freight • London
