GENER8 MARITIME SUBSIDIARY VII INC. as Borrower THE COMPANIES listed in Part A of Schedule 1 as joint and several Owner Guarantors and joint and several Hedge Guarantors GENER8 MARITIME, INC. as Parent Guarantor THE BANKS AND FINANCIAL INSTITUTIONS...Supplemental Agreement • March 21st, 2016 • Gener8 Maritime, Inc. • Deep sea foreign transportation of freight
PERFORMANCE GUARANTEEGener8 Maritime, Inc. • March 21st, 2016 • Deep sea foreign transportation of freight
In consideration of your executing a novation agreement to the shipbuilding contract dated 20 December, 2013 as amended (hereinafter called the “CONTRACT”) replacing STI Cavaliere Shipping Company Limited with Gener8 Constantine LLC as the buyer (hereinafter called the “BUYER”) providing for the design, construction, equipment, launch and delivery of one (1) 300,000 DWT class crude oil carrier having the BUILDER’s Hull No. S777 (hereinafter called the “VESSEL”), and providing, among other things, for payment of the contract price amounting to United States Dollars Ninety Four Million Four Hundred Seventy Five Thousand only (US$ 94,475,000) for the VESSEL, prior to and upon delivery of the VESSEL, the undersigned, as a primary obligor and not as a merely surety, hereby unconditionally and irrevocably guarantees to you or your successors, the due and faithful performance by the BUYER of all its obligations under the CONTRACT and any supplements, amendments, changes or modifications herei
VL8 POOL INC. As Company -and- GENER8 ANDRIOTIS LLC As ParticipantPool Agreement • March 21st, 2016 • Gener8 Maritime, Inc. • Deep sea foreign transportation of freight • London
In addition to clauses 1 through 42 of the SHELLTIME4 (issued December 1984) charter party the following additional clauses 43-118 are to apply. In any instance of a conflict the additional clauses are to overrule those of SHELLTIME4 (issued December 1984) and are to be binding.
NOVATION AGREEMENT in respect of a Shipbuilding Contract for the Builder's Hull No. 5777Novation Agreement • March 21st, 2016 • Gener8 Maritime, Inc. • Deep sea foreign transportation of freight
(1)Hyundai Samho Heavy Industries Co., Ltd., a company organised and existing under the laws of the Republic of Korea with its registered office at 93, Daebul-Ro, Samho-Eup, Yeongam-Gun, Jeollanam-Do, Korea (the “Builder”);
