DATED 3rd August 2023 SERVICE AGREEMENT between KNOT OFFSHORE PARTNERS UK LLC and DEREK LOWEService Agreement • September 11th, 2023 • KNOT Offshore Partners LP • Water transportation • England and Wales
USD 240,000,000 TERM LOAN FACILITY AGREEMENT dated 2 June 2023 for KNUTSEN SHUTTLE TANKERS XII KS KNUTSEN SHUTTLE TANKERS XII AS KNUTSEN SHUTTLE TANKERS 13 AS KNUTSEN NYK SHUTTLE TANKERS 16 AS KNOT SHUTTLE TANKERS 17 AS KNOT SHUTTLE TANKERS 18 AS as...Term Loan Facility Agreement • September 11th, 2023 • KNOT Offshore Partners LP • Water transportation
CONTENTS Clause Page 1. Definitions And Interpretation 5 2. The Facility 33 3. Purpose 34 4. Conditions Of Utilisation 34 5. Utilisation 35 6. Joint And Several Liability 36 7. Repayment 38 8. Prepayment And Cancellation 38 9. Interest 43 10. Interest Periods 45 11. Changes To The Calculation Of Interest 45 12. Fees 47 13. Tax Gross Up And Indemnities 47 14. Increased Costs 51 15. Other Indemnities 52 16. Mitigation By The Lenders 53 17. Costs And Expenses 54 18. Security 54 19. Guarantee And Indemnity 56 20. Representations 60 21. Information Undertakings 66 22. Financial Covenants 68 23. General Undertakings 70 24. Vessel Undertakings 77 25. Events Of Default 82 26. Changes To The Lenders 86 27. Changes To The Obligors 90 28. Role Of The Agent And The Mandated Lead Arrangers 92 29. Conduct Of Business By The Finance Parties And The Hedging Banks 100 30. Sharing Among The Finance Parties 100 31. Payment Mechanics 101 32. Set-Off 103
AMENDMENT NO. 4 TO ADMINISTRATIVE SERVICES AGREEMENTAdministrative Services Agreement • September 11th, 2023 • KNOT Offshore Partners LP • Water transportation • England and Wales
THIS AMENDMENT NO. 4 TO ADMINISTRATIVE SERVICES AGREEMENT, dated September 6, 2023, (this “Amendment No. 4”) is made effective as of September 13, 2023, by and between KNOT OFFSHORE PARTNERS LP, a limited partnership duly organized and existing under the laws of the Republic of the Marshall Islands (the “Partnership”), KNOT OFFSHORE PARTNERS UK LLC, a company duly organized and existing under the laws of the Republic of the Marshall Islands (“KNOT UK”), KNUTSEN OAS (UK) LTD., a company limited by shares registered in England and Wales with company number 3765737 (“KOAS UK”), KNUTSEN OAS SHIPPING AS, a Norwegian private limited liability company (“KOAS”), and KNOT MANAGEMENT AS, a Norwegian private limited liability company (“KNOT Management” and, together with the Partnership, KNOT UK, KOAS UK and KOAS, the “Parties”).
