Common Contracts

2 similar Loan Agreement contracts by Diana Shipping Inc., Poseidon Containers Holdings Corp.

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DATED 24 MAY 2013 ERIKUB SHIPPING COMPANY INC. WOTHO SHIPPING COMPANY INC. (as Borrowers) - and – DNB BANK ASA THE EXPORT-IMPORT BANK OF CHINA (as Lenders) - and – DNB BANK ASA THE EXPORT-IMPORT BANK OF CHINA (as Arrangers) - and - DNB BANK ASA (as...
Loan Agreement • March 27th, 2014 • Diana Shipping Inc. • Deep sea foreign transportation of freight

Page 1 Definitions and Interpretation 2 2 The Loan and its Purpose 15 3 Conditions of Utilisation 15 4 Advance 17 5 Repayment 17 6 Prepayment 18 7 Interest 19 8 Indemnities 22 9 Fees 27 10 Security and Application of Moneys 27 11 Representations 32 12 Undertakings and Covenants 35 13 Events of Default 45 14 Assignment and Sub-Participation 51 15 The Agent, the Security Agent and the Lenders 53 16 Set-Off 63 17 Payments 63 18 Notices 65 19 Partial Invalidity 67 20 Remedies and Waivers 67 21 Joint and several liability 67

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