Third Amendment Agreement to Facility Agreement Sample Contracts

Third Amendment Agreement to Facility Agreement

Third Amendment Agreement to Facility Agreement • August 7th, 2017 • Gener8 Maritime, Inc. • Deep sea foreign transportation of freight • New York

• Contract Type
  Third Amendment Agreement to Facility Agreement
• Filed
  August 7th, 2017
• Company
  Gener8 Maritime, Inc.
• Industry
  Deep sea foreign transportation of freight
• Jurisdiction
  New York

THIRD AMENDMENT AGREEMENT TO FACILITY AGREEMENT (this “Third Amendment Agreement”), dated 1 June 2017 by and among GENER8 MARITIME SUBSIDIARY VIII INC., a Marshall Islands corporation (the “Borrower”), the Owner Guarantors and Hedge Guarantors hereto, GENER8 MARITIME, INC., a Marshall Islands corporation (the “Parent Guarantor”), the Lenders party hereto from time to time, THE EXPORT-IMPORT BANK OF KOREA (the “KEXIM”), CITIBANK, N.A., LONDON BRANCH (the “ECA Agent”) and NORDEA BANK AB (PUBL), NEW YORK BRANCH (“Nordea”), as Facility Agent (in such capacity, the “Facility Agent”) and as Security Agent under the Security Documents (in such capacity, the “Security Agent”). Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Facility Agreement referred to below.