ROLLOVER LOAN AGREEMENT USD 27,000,000 between Adventure Two S.A. Adventure Three S.A. Adventure Seven S.A. and HOLLANDSCHE BANK-UNIE N.V.Rollover Loan Agreement • May 12th, 2008 • FreeSeas Inc. • Deep sea foreign transportation of freight
Contract Type FiledMay 12th, 2008 Company Industry– HBU has offered by credit agreement dated 21st January 2008 (‘the Credit Agreement‘) to grant the Borrower a rollover loan in the sum of USD 27,000,000 (‘the Loan’) for the financing of the purchase of the m.v. “African Protea” t.b.r. “Free Knight”, subject to the main details, terms and conditions specified in the above-mentioned credit agreement and the execution of a definitive agreement between HBU and the Borrower;