LOAN AGREEMENTLoan Agreement • September 6th, 2006 • K-Sea Transportation Partners Lp • Water transportation
This LOAN AGREEMENT (this “Agreement”), is made as of May12, 2006, by and between K-SEA OPERATING PARTNERSHIP L.P., a Delaware limited partnership (the “Borrower”), and CITIZENS LEASING CORPORATION, d/b/a CITIZENS ASSET FINANCE (“CAF”), a Rhode Island corporation, and such other banks as may become party hereto from time to time (each individually, a “Lender” and collectively, the “Lenders”) and CAF in the separate capacity of Agent (and Collateral Trustee to the extent set forth in § 20.1(a) hereof) for the Lenders under this Agreement (in such capacities, the “Agent”).
