Dated 2 FEBRUARY 2015 LOGITEL OFFSHORE RIG I PTE. LTD. (as Borrower) and CITIBANK N.A., LONDON BRANCH and others (as Facility Lenders) and CITIBANK INTERNATIONAL LIMITED (as Facility Agent) and CITIBANK N.A., LONDON BRANCH (as Facility Security...Secured Term Loan Facility Agreement • August 17th, 2015 • Teekay Offshore Partners L.P. • Water transportation
Each of the Facility Lenders has agreed to advance to the Borrower its Commitment (aggregating, with all the other Commitments, a term loan facility of up to one hundred and fifty million Dollars ($150,000,000)) for (i) in respect of the GIEK Facility Lenders, financing part of the Eligible Costs and (ii) in respect of the Commercial Facility Lenders, financing the remainder of the Vessel Total Costs.
Execution Version US$150,000,000 Secured Credit Facility Dated 6 February 2015Secured Credit Facility • August 17th, 2015 • Teekay Offshore Partners L.P. • Water transportation
Each of the Lenders has agreed to advance to the Borrowers on a joint and several basis its Commitment (aggregating, with all the other Commitments, a term loan facility of one hundred and fifty million Dollars ($150,000,000)) to finance a portion of each Borrower’s acquisition of its Vessel and for working capital and general corporate purposes of the TOO Group.
Dated 29 June 2015 PETROJARL I L.L.C. (as Borrower) and ABN AMRO CAPITAL USA LLC and others (as Facility Lenders) and ABN AMRO CAPITAL USA LLC (as Facility Agent) and ABN AMRO CAPITAL USA LLC (as Facility Security Trustee) and ABN AMRO CAPITAL USA LLC...Secured Term Loan Facility • August 17th, 2015 • Teekay Offshore Partners L.P. • Water transportation
Each of the Facility Lenders has agreed to advance to the Borrower its Commitment (aggregating, with all the other Commitments, a term loan facility of up to one hundred and eighty million Dollars ($180,000,000)) for (i) in respect of the Atradius Facility, (a) reimbursement of up to eighty five per cent. (85%) of payments to the Builder of the Contract Price, and (b) payments to Atradius of the Atradius Premium, and (ii) in respect of the Commercial Facility, the Refurbishment Costs.
