Execution Version First Supplemental Agreement to Secured Loan Facility Agreement dated 22 December 2015 Dated 6 April 2016 (1)SBI Achilles Shipping Company LimitedSBI Hermes Shipping Company Limited(as Borrowers)(2)Scorpio Bulkers Inc.(as...First Supplemental Agreement to Secured Loan Facility Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
Supplemental to a secured loan agreement dated 22 December 2015 (the "Loan Agreement") made between the Borrowers, the Guarantor, the Lenders, the Agent, the Swap Provider and the Security Agent on the terms and subject to the conditions of which each of the Lenders agreed to advance to the Borrowers its respective Commitment of an aggregate amount not exceeding twenty seven million two hundred fifty thousand Dollars ($27,250,000) to assist the Borrowers to finance part of the aggregate of the purchase price of the Vessels.
AMENDMENT NO. 3 TO TERM LOAN FACILITYTerm Loan Facility • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
SEVENTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York
SEVENTH AMENDMENT TO CREDIT AGREEMENT (this “Seventh Amendment”), dated as of December 14, 2016, by and among SCORPIO BULKERS INC., a company incorporated under the laws of the Republic of the Marshall Islands, as borrower (the “Borrower”), the Lenders party hereto and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as administrative agent (in such capacity, the “Administrative Agent”). Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Credit Agreement referred to below.
Execution VersionSecond Supplemental Agreement to Secured Loan Facility Agreement dated 22 December 2015 as amended and supplemented by a First Supplemental Agreement dated 6 April 2016 Dated 2 June 2016 (1) SBI Achilles Shipping Company Limited SBI...Second Supplemental Agreement to Secured Loan Facility Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
Supplemental to a secured loan agreement dated 22 December 2015 (as amended and supplemented by a first supplemental agreement dated 6 April 2016, the "Loan Agreement") made between the Borrowers, the Guarantor, the Lenders, the Agent, the Swap Provider and the Security Agent on the terms and subject to the conditions of which each of the Lenders agreed to advance to the Borrowers its respective Commitment of an aggregate amount not exceeding twenty seven million two hundred fifty thousand Dollars ($27,250,000) to assist the Borrowers to finance part of the aggregate of the purchase price of the Vessels.
AMENDMENT NO. 3 TO TERM LOAN FACILITYTerm Loan Facility • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
AMENDMENT NO. 4 TO TERM LOAN FACILITYTerm Loan Facility • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
SCORPIO BULKERS INC.Credit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York
THIS DEED OF AMENDMENT (“Deed of Amendment”) is dated 25 November 2016 and entered into by and betweenDeed of Amendment • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • London
To: Scorpio Bulkers Inc.Senior Secured Term Credit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
We refer to that certain senior secured term credit agreement dated as of December 22, 2015 among Scorpio Bulkers Inc., as borrower (the “Borrower”), SBI Cronos Shipping Company Limited, as guarantor (the “Guarantor”), the banks and financial institutions listed in Schedule 1 to the Credit Agreement, as lenders (the “Lenders”), and Crédit Agricole Corporate and Investment Bank, as mandated lead arranger (the “Lead Arranger”), administrative agent (the “Agent”), security trustee (the “Security Trustee” and together with the Lenders, the Lead Arranger and the Agent, the “Creditor Parties”) and account bank as previously amended and supplemented by that certain letter agreement dated February 25, 2016 and that certain letter agreement dated June 14, 2016, each among the Borrower, the Guarantor, the Lenders, the Agent and the Security Trustee (collectively, as the same has been or may be further amended, supplemented, amended and restated or otherwise modified from time to time, the “Credi
To: Scorpio Bulkers Inc.Credit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
We refer to that certain amended and restated senior secured term credit agreement dated as of February 15, 2016 (as the same has been or may be further amended, supplemented, amended and restated or otherwise modified from time to time, the “Credit Agreement”), among Scorpio Bulkers Inc., as borrower (the “Borrower”), the guarantors listed in Schedule 1-A of the Credit Agreement, as guarantors (each a “Guarantor”), the banks and financial institutions listed in Schedule 1-B to the Credit Agreement, as lenders (the “Lenders”), and Deutsche Bank AG Filiale Deutschlandgeschäft as lead arranger (the “Lead Arranger”), administrative agent (the “Agent”), account bank and security trustee (the “Security Trustee” and together with the Lenders, the Lead Arranger and the Agent, the “Creditor Parties”). We also refer to each of the Guarantor Joinder Agreements identified in Schedule 1 hereto (each a “Guarantor Joinder Agreement”). Capitalized terms used herein and not otherwise defined are used
CONDITIONS PRECEDENT WAIVER LETTERLoan Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
To: SBI PHOEBE SHIPPING COMPANY LIMITED, SBI PERSEUS SHIPPING COMPANY LIMITED SBI ELECTRA SHIPPING COMPANY LIMITED and SBI FLAMENCO SHIPPING COMPANY LIMITED as joint and several Borrowers
AMENDMENT NO. 2 TO TERM LOAN FACILITYTerm Loan Facility • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
THIS DEED OF AMENDMENT (“Deed of Amendment”) is dated 29 September 2016 and entered into by and betweenDeed of Amendment • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • London
AMENDMENT NO. 5 TO TERM LOAN FACILITYTerm Loan Facility • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
To: Scorpio Bulkers Inc.Credit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
We refer to that certain senior secured term credit agreement dated as of December 22, 2015 (as the same has been or may be amended, supplemented, amended and restated or otherwise modified from time to time, the “Credit Agreement”), among Scorpio Bulkers Inc., as borrower (the “Borrower”), SBI Cronos Shipping Company Limited, as guarantor (the “Guarantor”), the banks and financial institutions listed in Schedule 1 to the Credit Agreement, as lenders (the “Lenders”), and Crédit Agricole Corporate and Investment Bank, as mandated lead arranger (the “Lead Arranger”), administrative agent (the “Agent”), security trustee (the “Security Trustee” and together with the Lenders, the Lead Arranger and the Agent, the “Creditor Parties”) and account bank. Capitalized terms used herein and not otherwise defined are used herein as defined in the Credit Agreement.
To: Scorpio Bulkers Inc.Senior Secured Term Credit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
We refer to that certain amended and restated senior secured term credit agreement dated as of February 15, 2016 the (“Original Credit Agreement”), among Scorpio Bulkers Inc., as borrower (the “Borrower”), the guarantors listed in Schedule 1-A of the Original Credit Agreement, as guarantors (each a “Guarantor”), the banks and financial institutions listed in Schedule 1-B to the Original Credit Agreement, as lenders (the “Lenders”), and Deutsche Bank AG Filiale Deutschlandgeschäft as lead arranger (the “Lead Arranger”), administrative agent (the “Agent”), account bank and security trustee (the “Security Trustee” and together with the Lenders, the Lead Arranger and the Agent, the “Creditor Parties”) as previously amended and supplemented by a letter agreement dated May 4, 2016 (the “First Letter Agreement”) and a letter agreement dated June 28, 2016 (the “Second Letter Agreement” and together with the First Letter Agreement and this letter agreement, the “Letter Agreements” and the Origi
SCORPIO BULKERS INC.Credit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York
To: Scorpio Bulkers Inc.Senior Secured Term Credit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
We refer to that certain amended and restated senior secured term credit agreement dated as of February 15, 2016 the ("Original Credit Agreement"), among Scorpio Bulkers Inc., as borrower (the "Borrower"), the guarantors listed in Schedule 1-A of the Credit Agreement, as guarantors (each a "Guarantor"), the banks and financial institutions listed in Schedule 1-B to the Credit Agreement, as lenders (the "Lenders"), and Deutsche Bank AG Filiale Deutschlandgeschäft as lead arranger (the "Lead Arranger"), administrative agent (the "Agent"), account bank and security trustee (the "Security Trustee" and together with the Lenders, the Lead Arranger and the Agent, the "Creditor Parties") as previously amended and supplemented by a letter agreement dated May 4, 2016 (the "First Letter Agreement" and together with this letter agreement, the "Letter Agreements" and the Original Credit Agreement as the same has been amended by the First Letter Agreement or may be further amended, supplemented, ame
SCORPIO BULKERS INC.Credit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York
Third Supplemental Agreement to Secured Loan Facility Agreement dated 22 December 2015 as amended and supplemented by a First Supplemental Agreement dated 6 April 2016 and a Second Supplemental Agreement dated 2 June 2016 Dated December 30, 2016 (1)...Secured Loan Facility Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
Supplemental Agreement to a secured loan agreement dated 22 December 2015 (as amended and supplemented by a first supplemental agreement dated 6 April 2016 and a second supplemental agreement dated 2 June 2016, the "Loan Agreement") made between the Borrowers, the Guarantor, the Lenders, the Agent, the Swap Provider and the Security Agent on the terms and subject to the conditions of which each of the Lenders agreed to advance to the Borrowers its respective Commitment of an aggregate amount not exceeding twenty seven million two hundred fifty thousand Dollars ($27,250,000) to assist the Borrowers to finance part of the aggregate of the purchase price of the Vessels.
FIFTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York
FIFTH AMENDMENT TO CREDIT AGREEMENT (this “Fifth Amendment”), dated as of June 1, 2016, by and among SCORPIO BULKERS INC., a company incorporated under the laws of the Republic of the Marshall Islands, as borrower (the “Borrower”), the Lenders party hereto and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as administrative agent (in such capacity, the “Administrative Agent”). Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Credit Agreement referred to below.
SIXTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York
SIXTH AMENDMENT TO CREDIT AGREEMENT (this “Sixth Amendment”), dated as of August 9, 2016, by and among SCORPIO BULKERS INC., a company incorporated under the laws of the Republic of the Marshall Islands, as borrower (the “Borrower”), the Lenders party hereto and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as administrative agent (in such capacity, the “Administrative Agent”). Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Credit Agreement referred to below.
AMENDMENT NO. 1 TO TERM LOAN FACILITYTerm Loan Facility • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
THIRD AMENDMENT TO CREDIT AGREEMENTCredit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York
THIRD AMENDMENT TO CREDIT AGREEMENT (this “Third Amendment”), dated as of December 14, 2015, by and among SCORPIO BULKERS INC., a company incorporated under the laws of the Republic of the Marshall Islands, as borrower (the “Borrower”), the Lenders party hereto and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as administrative agent (in such capacity, the “Administrative Agent”). Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Credit Agreement referred to below.
AMENDMENT NO. 6 TO TERM LOAN FACILITYTerm Loan Facility • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
FOURTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York
FOURTH AMENDMENT TO CREDIT AGREEMENT (this “Fourth Amendment”), dated as of April 7, 2016, by and among SCORPIO BULKERS INC., a company incorporated under the laws of the Republic of the Marshall Islands, as borrower (the “Borrower”), the Lenders party hereto and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as administrative agent (in such capacity, the “Administrative Agent”). Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Credit Agreement referred to below.
AMENDMENT NO. 4 TO TERM LOAN FACILITYTerm Loan Facility • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
SECOND AMENDMENT TO CREDIT AGREEMENTCredit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York
SECOND AMENDMENT TO CREDIT AGREEMENT (this “Second Amendment”), dated as of October 21, 2015, by and among SCORPIO BULKERS INC., a company incorporated under the laws of the Republic of the Marshall Islands, as borrower (the “Borrower”), the Lenders party hereto and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as administrative agent (in such capacity, the “Administrative Agent”). Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Credit Agreement referred to below.
AMENDMENT NO. 5 TO TERM LOAN FACILITYTerm Loan Facility • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
FIRST AMENDMENT TO CREDIT AGREEMENTCredit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight • New York
FIRST AMENDMENT TO CREDIT AGREEMENT (this “First Amendment”), dated as of March 6, 2015 but effective as of the First Amendment Effective Date (as defined below), by and among SCORPIO BULKERS INC., a company incorporated under the laws of the Republic of the Marshall Islands, as borrower (the “Borrower”), the Lenders party hereto and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as administrative agent (in such capacity, the “Administrative Agent”). Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Credit Agreement referred to below.
SBI Cronos Shipping Company LimitedSenior Secured Term Credit Agreement • February 28th, 2017 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
We refer to that certain senior secured term credit agreement dated as of December 22, 2015 among Scorpio Bulkers Inc., as borrower (the "Borrower"), SBI Cronos Shipping Company Limited, as guarantor (the "Guarantor"), the banks and financial institutions listed in Schedule 1 to the Credit Agreement, as lenders (the "Lenders"), and Crédit Agricole Corporate and Investment Bank, as mandated lead arranger (the "Lead Arranger"), administrative agent (the "Agent"), security trustee (the "Security Trustee" and together with the Lenders, the Lead Arranger and the Agent, the "Creditor Parties") and account bank as previously amended and supplemented by that certain letter agreement dated February 25, 2016, among the Borrower, the Guarantor, the Lenders, the Agent and the Security Trustee (collectively, as the same has been or may be further amended, supplemented, amended and restated or otherwise modified from time to time, the "Credit Agreement"). Capitalized terms used herein and not otherw
