Dated 2 August 2022 TERM AND ACCORDION FACILITIES FITZROY SHIPCO LLC BAILEY SHIPCO LLC CROMARTY SHIPCO LLC DOGGER SHIPCO LLC LUNDY SHIPCO LLC VIKING SHIPCO LLC TRAMORE SHIPCO LLC as joint and several Original Borrowers and as Hedge Guarantors ARDMORE...Facilities Agreement • March 24th, 2023 • Ardmore Shipping Corp • Deep sea foreign transportation of freight
Clause Page Section 1 Interpretation 7 1Definitions and Interpretation 7 Section 2 The Facility 40 2The Facility 40 3Purpose 41 4Conditions of Utilisation 42 Section 3 Utilisation 44 5Utilisation 44 6Establishment of an Accordion Facility 46 Section 4 Repayment, Prepayment and Cancellation 53 7Repayment 53 8Payment and Cancellation 54 Section 5 Costs of Utilisation 61 9Interest 61 10Rate Switch 64 11Interest Periods 65 12Changes to the Calculation of Interest 66 13Fees 68 Section 6 Additional Payment Obligations 70 14Tax Gross Up and Indemnities 70 15Increased Costs 74 16Other Indemnities 76 17Mitigation by the Finance Parties 79 18Costs and Expenses 79 Section 7 Guarantees and Joint and Several Liability of Guarantors and the Borrowers 81 19Guarantee and Indemnity – Guarantors 81 20Joint and Several Liability of the Guarantors 83 21Joint and Several Liability of the Borrowers 85 Section 8 Guarantee and Indemnity - Hedge Guarantors 88 22Guarantee and Indemnity – Hedge Guarantors
AMENDMENT TO PREFERRED STOCK PURCHASE AGREEMENTPreferred Stock Purchase Agreement • March 24th, 2023 • Ardmore Shipping Corp • Deep sea foreign transportation of freight • New York
THIS AMENDMENT TO PREFERRED STOCK PURCHASE AGREEMENT (this “Amendment”) is made as of June 17, 2021, by and between Ardmore Shipping Corporation, a Marshall Islands corporation (the “Company”) and ARF Innovation, LLC, a Delaware limited liability company (the “Purchaser”). Capitalized terms used in this Amendment and not otherwise defined herein shall have the meanings given such terms in the Purchase Agreement (as defined below).
Dated 29 July 2022 FAROE SHIPCO LLC FISHER SHIPCO LLC FAIR ISLE SHIPCO LLC HUMBER SHIPCO LLC FORTH SHIPCO LLC TRAFALGAR SHIPCO LLC WIGHT SHIPCO LLC SALTEE SHIPCO LLC BLASKET SHIPCO LLC as joint and several Original Borrowers and as Original Hedge...And Restatement Agreement • March 24th, 2023 • Ardmore Shipping Corp • Deep sea foreign transportation of freight
Defined expressions in the Facility Agreement shall have the same meanings when used in this Agreement unless the context otherwise requires or unless otherwise defined in this Agreement.
