Common use of Amount and Maturity Date of this Mortgage Clause in Contracts

Amount and Maturity Date of this Mortgage. The Shipowner hereby executes this Mortgage to secure the Indebtedness in the total principal amount of Four Hundred Million United States Dollars (US$610,000,000) in respect of the obligations arising from the principal amount of the Note Issue, and in addition applicable premium thereon plus, interest, fees, court costs, collection expenses, amounts resulting from fluctuation in exchange rates and any additional amounts agreed upon which are secured in accordance with Article 260 of Law 55 of 6th August, 2008 of the Republic of Panama for which the Shipowner may become liable in connection with the performance of the covenants of this Mortgage, the Indenture, the Guarantees, and the Notes. The Shipowner will effect payment of any monies due under this Mortgage, the Indenture, the Guarantee and the Notes upon written demand by the Mortgagee as Collateral Trustee. The maturity date of the primary obligations secured by this Mortgage is November 15, 2021.

Appears in 1 contract

Samples: Indenture (Navios Maritime Acquisition CORP)

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Amount and Maturity Date of this Mortgage. The Shipowner hereby executes this Mortgage to secure the Indebtedness in the total principal amount of Four Six Hundred Fifty Million United States Dollars (US$610,000,000US$ 650,000,000) in respect of the obligations arising from the principal amount of the Note Issue, and in addition applicable premium thereon plusthereon, plus interest, fees, court costs, collection expenses, amounts resulting from fluctuation in exchange rates and any additional amounts agreed upon which are secured in accordance with Article 260 of Law 55 of 6th August, 2008 of the Republic of Panama for which the Shipowner may become liable in connection with the performance of the covenants of this Mortgage, the Indenture, the Guarantees, Guarantee and the Notes. The Shipowner will effect payment of any monies due under this Mortgage, the Indenture, the Guarantee and the Notes upon written demand by the Mortgagee as Collateral Trustee. The maturity date of the primary obligations secured by this Mortgage is November January 15, 20212022.

Appears in 1 contract

Samples: Indenture (Navios Maritime Holdings Inc.)

Amount and Maturity Date of this Mortgage. The Shipowner hereby executes this Mortgage to secure the Indebtedness in the total principal amount of Four Hundred Million United States Dollars (US$610,000,000US$ 400,000,000) in respect of the obligations arising from the principal amount of the Note Issue, and in addition applicable premium thereon plus, interest, fees, court costs, collection expenses, amounts resulting from fluctuation in exchange rates and any additional amounts agreed upon which are secured in accordance with Article 260 of Law 55 of 6th August, 2008 of the Republic of Panama for which the Shipowner may become liable in connection with the performance of the covenants of this Mortgage, the Indenture, the Guarantees, and the Notes. The Shipowner will effect payment of any monies due under this Mortgage, the Indenture, the Guarantee and the Notes upon written demand by the Mortgagee as Collateral Trustee. The maturity date of the primary obligations secured by this Mortgage is November 151, 20212017.

Appears in 1 contract

Samples: Indenture (Navios Maritime Holdings Inc.)

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Amount and Maturity Date of this Mortgage. The Shipowner hereby executes this Mortgage to secure the Indebtedness in the total principal amount of Four Five Hundred Million United States Dollars (US$610,000,000$500,000,000) in respect of the obligations arising from the principal amount of the Note Issue, and in addition applicable premium thereon plusthereon, plus interest, fees, court costs, collection expenses, amounts resulting from fluctuation in exchange rates and any additional amounts agreed upon which are secured in accordance with Article 260 of Law 55 of 6th August, 2008 of the Republic of Panama for which the Shipowner may become liable in connection with the performance of the covenants of this Mortgage, the Indenture, the Guarantees, Guarantee and the Notes. The Shipowner will effect payment of any monies due under this Mortgage, the Indenture, the Guarantee and the Notes upon written demand by the Mortgagee as Collateral TrusteeMortgagee. The maturity date of the primary obligations secured by this Mortgage is November 15July 1, 20212025.

Appears in 1 contract

Samples: Pledge Agreement (Navios South American Logistics Inc.)

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