CREDIT AGREEMENT among FLEET ACQUISITION LLC, GENCO SHIPPING & TRADING LIMITED, VARIOUS LENDERS and NORDEA BANK FINLAND PLC, NEW YORK BRANCH,Credit Agreement • June 16th, 2005 • Genco Shipping & Trading LTD • Deep sea foreign transportation of freight
Contract Type FiledJune 16th, 2005 Company IndustryCREDIT AGREEMENT, dated as of December 3, 2004, among FLEET ACQUISITION LLC, a limited liability company organized under the laws of the Republic of the Marshall Islands (“Holdings”), GENCO SHIPPING & TRADING LIMITED, a corporation organized under the laws of the Republic of Marshall Islands (the “Borrower”), the Lenders party hereto from time to time, CITIBANK GLOBAL MARKETS LIMITED (“CGML”) and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as Joint Lead Arrangers and Joint Book Runners (“NBF” and together with CGML, the “Lead Arrangers”), and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as Administrative Agent (in such capacity, the “Administrative Agent”) and as Collateral Agent under the Security Documents (in such capacity, the “Collateral Agent”). All capitalized terms used herein and defined in Section 11 are used herein as therein defined.