Common Contracts

51 similar Loan Agreement contracts by Navios Maritime Acquisition CORP, Diana Shipping Inc., Navios Maritime Partners L.P., others

Dated 15 April 2021 GSL ARCADIA LLC GSL TEGEA LLC GSL MYNY LLC GSL MELITA LLC GSL MARIA LLC and GSL DOROTHEA LLC as joint and several Borrowers THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HAMBURG COMMERCIAL BANK AG as...
Loan Agreement • March 24th, 2022 • Global Ship Lease, Inc. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a secured post-delivery term loan facility of up to the lesser of (A) US$64,200,000 and (B) 57.5 per cent. of the aggregate Initial Market Value of the Ships, in six equal advances, each in an amount of up to the lesser of (i) US$10,700,000 and (ii) 57.5 per cent. of the Initial Market Value of the Ship to which that Advance relates, for the purpose of partly financing the Ships’ Initial Market Value (as defined below).

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LOAN AGREEMENT
Loan Agreement • March 30th, 2021 • Castor Maritime Inc. • Deep sea foreign transportation of freight
THE BANKS AND FINANCIAL INSTITUTIONS
Loan Agreement • March 12th, 2021

Index Clause Page 1 Interpretation 1 2 Facility 17 3 Position of the Lenders and Swap Banks 17 4 Drawdown 18 5 Interest 19 6 Interest Periods 21 7 Default Interest 22 8 reduction, Repayment, Prepayment and Cancellation 23 9 Conditions Precedent 26 10 Representations and Warranties 26 11 General Undertakings 29 12 Corporate Undertakings 33 13 Insurance 34 14 Ship Covenants 39 15 Security Cover 44 16 Payments and Calculations 46 17 Application of Receipts 47 18 Application of Earnings 49 19 Events of Default 50 20 Fees and Expenses 55 21 Indemnities 56 22 No Set-Off or Tax Deduction 58 23 Illegality, etc 59 24 Increased Costs 59 25 Set-Off 61 26 Transfers and Changes in Lending Offices 62 27 Variations and Waivers 65 28 Notices 66 29 Joint and Several Liability 68 30 Supplemental 69 31 Law and Jurisdiction 70

LOAN AGREEMENT
Loan Agreement • March 12th, 2021

Index Clause1 Interpretation Page1 2 Facility 17 3 Position of the Lenders 17 4 Drawdown 18 5 Interest 19 6 Interest Periods 21 7 Default Interest 22 8 Repayment and Prepayment 23 9 Conditions Precedent 26 10 Representations and Warranties 27 11 General Undertakings 30 12 Corporate Undertakings 35 13 Insurance 36 14 Ship Covenants 42 15 Security Cover 47 16 Payments and Calculations 48 17 Application of Receipts 50 18 Application of Earnings; Swap Payments 51 19 Events of Default 53 20 Fees and Expenses 58 21 Indemnities 59 22 No Set-off or Tax Deduction 62 23 Illegality, etc 63 24 Increased Costs 63 25 Set-off 65 26 Transfers and Changes in Lending Offices 66 27 Variations and Waivers 70 28 Notices 71 29 Joint and Several Liability 73 30 Supplemental 74 31 Law and Jurisdiction 75

Dated 26 June 2020 CERULEAN SHIPPING CORPORATION CADMIUM SHIPPING CORPORATION CELADON SHIPPING CORPORATION BUFF SHIPPING CORPORATION BRANDEIS SHIPPING CORPORATION BOYSENBERRY SHIPPING CORPORATION and BOLE SHIPPING CORPORATION as joint and several...
Loan Agreement • August 6th, 2020 • Navios Maritime Acquisition CORP • Deep sea foreign transportation of freight

CERULEAN SHIPPING CORPORATION, CADMIUM SHIPPING CORPORATION, CELADON SHIPPING CORPORATION, BUFF SHIPPING CORPORATION, BRANDEIS SHIPPING CORPORATION, BOYSENBERRY SHIPPING CORPORATION and BOLE SHIPPING CORPORATION, each a corporation incorporated in the Republic of the Marshall Islands whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, the Marshall Islands MH96960, as joint and several Borrowers;

Dated 8 October 2019 LEFKADA SHIPPING CORPORATION as Borrower and THE BANKS AND FINANCIAL INSTITUTIONS as Lenders and HAMBURG COMMERCIAL BANK AG as Agent, Mandated Lead Arranger and Security Trustee LOAN AGREEMENT relating to a senior secured...
Loan Agreement • November 29th, 2019 • Navios Maritime Acquisition CORP • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrower a senior secured post-delivery term loan facility in one advance in an amount of up to the lesser of (A) US$31,800,000 and (B) 60 per cent. of the Initial Market Value of the Ship (as defined below) to partly finance the Market Value of the Ship.

Dated 26 September 2019 ALEGRIA SHIPPING CORPORATION ANDROMEDA SHIPTRADE LIMITED AURORA SHIPPING ENTERPRISES LTD. BERYL SHIPPING CORPORATION CHERYL SHIPPING CORPORATION CHRISTAL SHIPPING CORPORATION HYPERION ENTERPRISES INC. KYMATA SHIPPING CO....
Loan Agreement • November 26th, 2019 • Navios Maritime Partners L.P. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility of up to US$140,000,000 in one advance in an amount of up to the lesser of (i) US$140,000,000 and (ii) 75 per cent. of the aggregate Initial Market Value of the Ships, for the purpose of partly financing the Initial Market Value of each Ship.

Dated 9 November 2018 AFROS MARITIME INC. ILIADA SHIPPING S.A. VINETREE MARINE COMPANY and VYTHOS MARINE CORP. as joint and several Borrowers and THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HSH NORDBANK AG as Agent,...
Loan Agreement • November 30th, 2018 • Navios Maritime Containers L.P. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility of up to US$127,200,000 in four advances as follows subject to Clause 2.2:

Dated 7 June 2017 AMORGOS SHIPPING CORPORATION and ANDROS SHIPPING CORPORATION as joint and several Borrowers and THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HSH NORDBANK AG as Agent, Mandated Lead Arranger and Security...
Loan Agreement • August 17th, 2017 • Navios Maritime Acquisition CORP • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility of up to US$24,000,000 in two advances as follows:

LOAN AGREEMENT
Loan Agreement • February 17th, 2017 • Diana Shipping Inc. • Deep sea foreign transportation of freight
LOAN AGREEMENT
Loan Agreement • February 17th, 2017 • Diana Shipping Inc. • Deep sea foreign transportation of freight
THE BANKS AND FINANCIAL INSTITUTIONS
Loan Agreement • March 28th, 2016 • Diana Shipping Inc. • Deep sea foreign transportation of freight
Dated 24 April 2015 TASMAN MARINE LLC, HUDSON MARINE LLC, DRAKE MARINE LLC, MERCATOR MARINE LLC and BARENTSZ MARINE LLC as joint and several Borrowers and POSEIDON CONTAINERS HOLDINGS LLC as Corporate Guarantor and THE BANKS AND FINANCIAL INSTITUTIONS...
Loan Agreement • July 21st, 2015 • Poseidon Containers Holdings Corp. • Deep sea foreign transportation of freight

financial institutions listed therein as lenders (the “Platon Lenders”), (iii) ABN AMRO Bank N.V. as agent and (iv) ABN AMRO Bank N.V. security agent (in such capacity, the “Platon Security Agent”), the Platon Lenders made available to the Platon Collateral Owners a loan facility of (originally) up to $97,371,000 upon the terms and conditions therein contained.

Dated April 16, 2015 DUNE SHIPPING CORP. and CITRINE SHIPPING CORPORATION as joint and several borrowers and THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HSH NORDBANK AG as Agent, Mandated Lead Arranger, Bookrunner,...
Loan Agreement • May 5th, 2015 • Navios Maritime Partners L.P. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility of up to $164,000,000, in two advances, each being in the amount of up to the lesser of:

Dated 4 April 2014
Loan Agreement • April 17th, 2015 • Paragon Shipping Inc. • Deep sea foreign transportation of freight • England

for the purpose of financing part of the acquisition cost of each of Ship A and Ship B, respectively, payable pursuant to the relevant Shipbuilding Contract and re-financing existing indebtedness secured on Ship C.

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THE BANKS AND FINANCIAL INSTITUIONS
Loan Agreement • March 25th, 2015 • Diana Shipping Inc. • Deep sea foreign transportation of freight
PEGASUS SHIPHOLDING S.A. SEACROWN MARITIME LTD.
Loan Agreement • March 10th, 2015 • Dynagas LNG Partners LP • Water transportation
THE BANKS AND FINANCIAL INSTITUTIONS
Loan Agreement • August 7th, 2014
GAS-FIVE LTD.
Loan Agreement • July 30th, 2014

$277,000,000 for the purpose of (amongst other things) part financing the purchase price of the Ship which was constructed by the Builder for, and purchased by, the Borrower pursuant to the Shipbuilding Contract.

dated 6 February 2014 STAR CHALLENGER I LLC and STAR CHALLENGER II LLC as joint and several Borrowers and THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HSH NORDBANK AG as Agent, Mandated Lead Arranger, Swap Bank and Security...
Loan Agreement • March 21st, 2014 • Star Bulk Carriers Corp. • Deep sea foreign transportation of freight

Clause Page 1 Interpretation 1 2 Facility 17 3 Position of the Lenders and Swap Bank 17 4 Drawdown 18 5 Interest 19 6 Interest Periods 21 7 Default Interest 22 8 Repayment and Prepayment 23 9 Conditions Precedent 26 10 Representations and Warranties 27 11 General Undertakings 30 12 Corporate Undertakings 35 13 Insurance 36 14 Ship Covenants 40 15 Security Cover 47 16 Payments and Calculations 48 17 Application of Receipts 50 18 Application of Earnings; Swap Payments 51 19 Events of Default 54 20 Fees and Expenses 59 21 Indemnities 60 22 No Set-Off or Tax Deduction 63 23 Illegality, etc. 64 24 Increased Costs 64 25 Set-Off 66 26 Transfers and Changes in Lending Offices 67 27 Variations and Waivers 71 28 Notices 73 29 Joint and Several Liability 74 30 Supplemental 75 31 Law and Jurisdiction 76

Contract
Loan Agreement • March 20th, 2014 • Box Ships Inc. • Deep sea foreign transportation of freight
Dated 6 February 2014 TINOS SHIPPING CORPORATION and THERA SHIPPING CORPORATION as joint and several Borrowers and THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HSH NORDBANK AG as Agent, Mandated Lead Arranger and Security...
Loan Agreement • February 13th, 2014 • Navios Maritime Acquisition CORP • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured term loan facility of up to US$51,000,000, in two tranches, each in an amount of up to the lesser of (a) US$25,500,000 and (b) 62.5 per cent. of the market value of the ship (determined pursuant to paragraph 5 of Schedule 3, Part B) to which that Tranche relates to refinance part of the acquisition cost of two LR1 product tankers m.vs. “NAVE RIGEL” and “NAVE ATROPOS”.

Dated August 20, 2013 DONOUSSA SHIPPING CORPORATION and SCHINOUSA SHIPPING CORPORATION as joint and several Borrowers and THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HSH NORDBANK AG as Agent, Mandated Lead Arranger and...
Loan Agreement • August 27th, 2013 • Navios Maritime Acquisition CORP • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a term loan facility of up to US$40,300,000, in two tranches, each in an amount of up to the lesser of (a) US$20,150,000 and (b) 62.5 per cent. of the market value of the ship (determined pursuant to paragraph 5 of Schedule 3, Part B) to which that Tranche relates to:

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