Secured Term Loan Facility Agreement Sample Contracts

US$55,000,000 Secured Term Loan Facility Agreement
Secured Term Loan Facility Agreement • November 6th, 2020

Contents Page 1 Definitions and Interpretation 1 2 The Loan and its Purposes 18 3 Conditions of Utilisation 19 4 Advance 20 5 Repayment 20 6 Prepayment 21 7 Interest 22 8 Indemnities 24 9 Fees 31 10 Security and Application of Moneys 31 11 Representations and Warranties 32 12 Undertakings and Covenants 37 13 Events of Default 42 14 Assignment and Sub-Participation 46 15 The Agent and the Lenders 49 16 Set-Off 61 17 Payments 61 18 Notices 63 19 Partial Invalidity 65 20 Remedies and Waivers 65 21 Miscellaneous 65 22 Confidentiality 66 23 Law and Jurisdiction 69 Schedule 1 The Lenders and the Commitments 70 Schedule 2 Conditions Precedent and Subsequent 71 Part I: Conditions precedent to service of Drawdown Notice 71 Part II: Conditions precedent to Drawdown Date 73 Part III: Conditions subsequent to Drawdown Date 76

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LOGITEL OFFSHORE RIG I PTE. LTD.
Secured Term Loan Facility Agreement • August 21st, 2015

Each of the Facility Lenders has agreed to advance to the Borrower its Commitment (aggregating, with all the other Commitments, a term loan facility of up to one hundred and fifty million Dollars ($150,000,000)) for (i) in respect of the GIEK Facility Lenders, financing part of the Eligible Costs and (ii) in respect of the Commercial Facility Lenders, financing the remainder of the Vessel Total Costs.

Private & Confidential Execution version
Secured Term Loan Facility Agreement • April 29th, 2014 • Teekay Offshore Partners L.P. • Water transportation

Each of the Facility Lenders has agreed to advance to the Borrower its Commitment (aggregating, with all the other Commitments, a term loan facility of up to three hundred and thirty million Dollars ($330,000,000)) for the (i) refinancing of the purchase of the Vessel, and (ii) the general corporate purposes of members of the relevant Group.

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