To: Navios Maritime Holdings Inc. (the Borrower)Revolving Loan Agreement • March 9th, 2016 • Navios Maritime Holdings Inc. • Deep sea foreign transportation of freight • New York
We, Navios Maritime Acquisition Corporation (NNA), are pleased to make available to the Borrower at one time or from time to time, at the request of the Borrower, loans (the Revolver) to the Borrower in an aggregate principal amount up to but not in excess of the amount set forth below in Clause 1 on a revolving loan basis, which loans may be repaid and re-borrowed during the term and subject to the terms set out in this letter (this letter is hereafter referred to as this Agreement).
