DEUTSCHE SCHIFFSBANK Clause Samples
DEUTSCHE SCHIFFSBANK. AKTIENGESELLSCHAFT in its capacity as security trustee for (a) the ECF Creditors pursuant to the declaration of trust made in the ECF 2 Security Trust Deed, (b) the Jade Creditors pursuant to the declaration of trust made in the Jade Security Trust Deed and (c) the Jewel Creditors pursuant to the declaration of trust made in the Jewel Security Trust Deed (the “Delegate Collateral Agent”). NOW THIS DEED WITNESSES as follows:
DEUTSCHE SCHIFFSBANK. AKTIENGESELLSCHAFT as trustee for the Secured Creditors (the “Delegate Collateral Agent”, which expression includes any additional or successor Delegate Collateral Agent appointed pursuant to and in accordance with the terms of this Deed).
DEUTSCHE SCHIFFSBANK. AKTIENGESELLSCHAFT, acting as lender through its office at 17, ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ of Germany and UNICREDIT BANK AG (formerly known as Bayerische Hypo- und Vereinsbank AG), a company incorporated under the laws of the Federal Republic of Germany with its registered office at ▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇▇-Strasse 1, 8033 Munich, acting as lender through its office at ▇▇▇▇▇ ▇▇▇▇ ▇▇, ▇-▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ of Germany (together the “Lenders” and each a “Lender”); and
DEUTSCHE SCHIFFSBANK. AKTIENGESELLSCHAFT acting as security agent (in that capacity the "Security Agent").
DEUTSCHE SCHIFFSBANK. AKTIENGESELLSCHAFT, acting as security agent through its office at 17, ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ of Germany (in that capacity the “Security Agent”). SUPPLEMENTAL TO a secured loan agreement dated 13 May 2008 made between the Borrower, the Lenders, the Agent, the Swap Providers and the Security Agent as amended and supplemented by a first supplemental agreement dated 25 February 2010 made between the Borrower, the Guarantor, the Lenders, the Agent, the Swap Providers and the Security Agent (together, the “Loan Agreement”) on the terms and subject to the conditions of which each of the Lenders has agreed to advance to the Borrowers on a joint and several basis its Commitment (aggregating, with all the other Commitments, an amount not exceeding the lesser of (i) $125,000,000 and (ii) sixty per cent (60%) of the Fair Market Value on the Drawdown Date) to assist the Borrowers to finance part of the aggregate Purchase Price of the Vessels (the “Loan”).