Dated 16 March 2023 IVS BULK 3708 PTE. LTD. as the Borrower GRINDROD SHIPPING HOLDINGS LTD. as the Guarantor and The IYO BANK, LTD., SINGAPORE BRANCH as the Lender SUPPLEMENTAL AGREEMENT to the Facility Agreement dated 29 July 2019 IVS PRESTWICKSupplemental Agreement • March 27th, 2024 • Grindrod Shipping Holdings Ltd. • Deep sea foreign transportation of freight • England
Contents Page 1. Interpretation 1 2. Amendments to Facility Agreement 1 3. Representations and Warranties 2 4. Incorporation 2 5. Confirmation 3 6. Expenses and Stamp Duty 3 7. Counterparts 3 8. Governing Law 3 SCHEDULE 1 Definitions to insert 4 SCHEDULE 2 Definitions to replace 6 SCHEDULE 3 Clause to insert 8 SCHEDULE 4 Clauses to replace 11
IVS BULK PTE. LTD. GRINDROD SHIPPING HOLDINGS LTD. as joint and several Borrowers and IVS BULK 5858 PTE. LTD. IVS BULK 543 PTE. LTD. IVS BULK 5855 PTE. LTD. IVS BULK 541 PTE. LTD. IVS BULK 545 PTE. LTD. IVS BULK 712 PTE. LTD. IVS BULK 1345 PTE. LTD....Loan Agreement • March 27th, 2024 • Grindrod Shipping Holdings Ltd. • Deep sea foreign transportation of freight
Clause Page 1 Definitions and Interpretation 2 2 Agreement to Amend the Facility Agreement 4 3 Conditions Precedent 4 4 Representations 4 5 Amendment and Restatement of Facility Agreement and other Finance Documents 5 6 Further Assurance 6 7 Costs and Expenses 6 8 Notices 6 9 Counterparts 6 10 Governing Law 6 11 Enforcement 7
AMENDMENT TO LOAN AGREEMENT in relation to 60,500 DWT Type Bulk Carrier M/V “IVS NORTH BERWICK” (IMO No. 9740902)Loan Agreement • March 27th, 2024 • Grindrod Shipping Holdings Ltd. • Deep sea foreign transportation of freight
