Secured Reducing Revolving Loan and Letter of Credit Facility Agreement Sample Contracts

DATED 1st June 2006 GULFMARK OFFSHORE, INC. (as borrower) - and - DnB NOR Bank ASA and others (as banks) - and - DnB NOR Bank ASA (as mandated lead arranger) - and - DnB NOR Bank ASA (as Issuer) - and - DnB NOR Bank ASA (as agent and security trustee)...
Secured Reducing Revolving Loan and Letter of Credit Facility Agreement • June 9th, 2006 • Gulfmark Offshore Inc • Oil & gas field machinery & equipment

Each of the Banks has agreed to advance to the Borrower its respective Commitment of an aggregate principal amount not exceeding eighty five million Dollars ($85,000,000) to assist the Borrower in refinancing the Existing Facility, financing various instalments under the Building Contracts, and thereafter for the general corporate purposes of the Group, and the Issuer has agreed to issue the Letters of Credit at the request of the Borrower for and on behalf of any of the Owners, for certain obligations of the Owners on the terms and conditions herein set forth.

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DATED 1 JUNE 2006 AS AMENDED AND RESTATED BY A FIRST SUPPLEMENTAL AGREEMENT DATED JUNE 5, 2008 GULFMARK OFFSHORE, INC. (as borrower) — and — DnB NOR Bank ASA and others (as banks) — and — DnB NOR Bank ASA (as mandated lead arranger) — and — DnB NOR...
Secured Reducing Revolving Loan and Letter of Credit Facility Agreement • July 31st, 2008 • Gulfmark Offshore Inc • Oil & gas field machinery & equipment

Each of the Banks has agreed to advance to the Borrower its respective Commitment of an aggregate principal amount not exceeding twenty five million Dollars ($25,000,000) to assist the Borrower in refinancing the Existing Facility, and thereafter for the general corporate purposes of the Group, and the Issuer has agreed to issue the Letters of Credit at the request of the Borrower for and on behalf of the Borrower, for certain obligations of the Borrower on the terms and conditions herein set forth.

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