Facility agreementFacility Agreement • September 9th, 2008 • Caspian Services Inc • Crude petroleum & natural gas • Nevada
Authorization means an authorization, consent, permission, approval, resolution, licence, exemption, filing, notarisation or registration.
REGISTRATION RIGHTS AGREEMENT by and between CASPIAN SERVICES INC. and GREAT CIRCLE ENERGY SERVICES LLCRegistration Rights Agreement • September 9th, 2008 • Caspian Services Inc • Crude petroleum & natural gas
This Registration Rights Agreement,dated as of September 3, 2008, is entered into by and between Caspian Services Inc., a Nevada corporation (the “Company”) and Great Circle Energy Services LLC, a Delaware limited liability company (“Great Circle”).
CONVERTIBLE NOTEConvertible Note • September 9th, 2008 • Caspian Services Inc • Crude petroleum & natural gas
FOR VALUE RECEIVED, Caspian Services Inc., a Nevada corporation (the “Borrower”), hereby promises to pay to Great Circle Energy Services LLC, a Delaware limited liability company, or its permitted assigns (the “Lender”), in lawful money of the United States of America in immediately available funds, at the Lender’s office initially located at One Atlantic Street, Stamford, Connecticut 06901, on the Final Repayment Date (as defined in the Agreement (as defined below)) the principal sum of FIFTEEN MILLION DOLLARS ($15,000,000) or, if less, the unpaid principal amount of all Loans (as defined in the Agreement) made by the Lender pursuant to the Agreement, payable at such times and in such amounts as are specified in the Agreement.
