Common Contracts

17 similar Loan Agreement contracts by Box Ships Inc., Danaos Corp, Euroseas Ltd., others

Dated 27 November 2018 PANTELIS SHIPPING CORP. ARETI SHIPPING LTD. LIGHT SHIPPING LTD as joint and several Borrowers and NATIONAL BANK OF GREECE S.A. as Lender LOAN AGREEMENT relating to a loan facility of up to US$15,000,000 for the purpose of (i)...
Loan Agreement • April 30th, 2019 • EuroDry Ltd. • Water transportation

The Lender has agreed to make available to the Borrowers a term loan facility in an amount of up to the lesser of (a) $15,000,000 and (b) 55 per cent. of the aggregate Initial Market Value of the Ships, in two advances, for the purpose of:

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Dated 29 April 2015
Loan Agreement • March 28th, 2016 • Diana Shipping Inc. • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrower, in one advance, a term loan facility of up US$30,000,000 for the purpose of financing part of the acquisition cost of a Capesize bulk carrier named "SANTA BARBARA".

BOX SHIPS INC.
Loan Agreement • March 23rd, 2015 • Box Ships Inc. • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrower, in three Tranches, a secured term loan facility of up to US$31,650,000 in the amounts and for the purpose referred to below:

Date 18 July 2011 BOX SHIPS INC. as Borrower - and - CREDIT SUISSE AG as Lender LOAN AGREEMENT relating to a secured term loan facility of US$22,000,000 to finance part of the acquisition cost of a 5,100 TEU container vessel WATSON, FARLEY & WILLIAMS...
Loan Agreement • March 16th, 2012 • Box Ships Inc. • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrower a secured term loan facility of up to US$22,000,000 (Twenty two million United States Dollars) in up to four advances for the purpose of financing part of the acquisition cost of m.v. “CMA CGM MARLIN” pursuant to the MOA.

Date 12 July 2011 BOX SHIPS INC. as Borrower - and - CREDIT SUISSE AG as Lender LOAN AGREEMENT relating to a secured term loan facility of US$22,000,000 to finance part of the acquisition cost of a 5,100 TEU container vessel WATSON, FARLEY & WILLIAMS...
Loan Agreement • March 16th, 2012 • Box Ships Inc. • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrower a secured term loan facility of up to US$22,000,000 (Twenty two million United States Dollars) in up to four advances for the purpose of financing part of the acquisition cost of m.v. “CMA CGM KINGFISH” pursuant to the MOA.

Date 28 December 2010 NOUMEA SHIPPING LTD as Borrower -and- CRÉDIT AGRICOLE CORPORATE AND INVESTMENT BANK as Lender LOAN AGREEMENT relating to a US$20,000,000 facility to re-finance part of the acquisition cost of
Loan Agreement • May 27th, 2011 • Euroseas Ltd. • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrower a loan facility of up to US$20,000,000 in two tranches for the purpose of re-financing part of the acquisition cost of m.v. "MAERSK NOUMEA".

Date 20 January 2011 STAR BULK CARRIERS CORP. as Borrower -and – CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK as Lender
Loan Agreement • March 31st, 2011 • Star Bulk Carriers Corp. • Deep sea foreign transportation of freight

relating to a US$70,000,000 term loan facility to provide pre and post delivery finance in respect of the construction and acquisition of two Capesize bulk carriers having builder’s Hull nos. PN063 and PN064, currently under construction in Philippines by Hhic-Phil Inc., a subsidiary of Hanjin Heavy Industries, Korea

PARAGON SHIPPING INC. as Borrower - and - CREDIT SUISSE AG as Lender LOAN AGREEMENT relating to a facility of US$48,000,000 for the acquisition of two 3,400 teu panamax container vessels currently under construction at Blohm & Voss Nordseewerke and...
Loan Agreement • March 4th, 2011 • Paragon Shipping Inc. • Deep sea foreign transportation of freight

Clause Page 1 INTERPRETATION 1 2 FACILITY 15 3 DRAWDOWN 15 4 INTEREST 16 5 INTEREST PERIODS 17 6 DEFAULT INTEREST 18 7 REPAYMENT AND PREPAYMENT 19 8 CONDITIONS PRECEDENT 20 9 REPRESENTATIONS AND WARRANTIES 21 10 GENERAL UNDERTAKINGS 23 11 CORPORATE UNDERTAKINGS 26 12 INSURANCE 28 13 SHIP COVENANTS 33 14 SECURITY COVER 37 15 PAYMENTS AND CALCULATIONS 38 16 APPLICATION OF RECEIPTS 39 17 APPLICATION OF EARNINGS 40 18 EVENTS OF DEFAULT 41 19 FEES AND EXPENSES 45 20 INDEMNITIES 46 21 NO SET-OFF OR TAX DEDUCTION 48 22 ILLEGALITY, ETC 49 23 INCREASED COSTS 49 24 SET OFF 50 25 TRANSFERS AND CHANGES IN LENDING OFFICE 51 26 VARIATIONS AND WAIVERS 52

LOAN AGREEMENT
Loan Agreement • July 13th, 2009 • Danaos Corp • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrower a facility of up to the lesser of (a) US$221,600,000 and (b) 80 per cent of the aggregate Delivered Costs of the Ships, for the purpose of part-financing the Delivered Cost of each Ship. The facility shall be divided into three Tranches, Tranche A may be available in three Advances and each of Tranche B and Tranche C may be made available in up to four Advances.

Date July 2008 STAR BULK CARRIERS CORP. as Borrower - and - PIRAEUS BANK A.E. as Lender LOAN AGREEMENT
Loan Agreement • January 22nd, 2009 • Star Cosmo Llc. • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrower a loan facility of up to $35,000,000 (being approximately 55 per cent. of the purchase price of the Ship payable pursuant to the MOA) for the purpose of assisting the Owner, a wholly-owned subsidiary of the Borrower, in part-financing the purchase price of the Ship.

Contract
Loan Agreement • June 11th, 2008 • Omega Navigation Enterprises, Inc. • Deep sea foreign transportation of freight
LOAN AGREEMENT
Loan Agreement • April 7th, 2008 • Danaos Corp • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrower a facility of up to the lesser of (a) US$156,800,000 and (b) the lesser of 80 per cent of (i) the aggregate Ready for Sea Cost of the Ships and (ii) the aggregate Initial Market Value of the Ships, for the purpose of part-financing the Ready for Sea Cost of each Ship. The facility shall be divided into two Tranches, each of which may be made available in up to five Advances.

LOAN AGREEMENT
Loan Agreement • April 4th, 2008 • Danaos Corp • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrower a facility of up to the lesser of (a) US$156,800,000 and (b) the lesser of 80 per cent of (i) the aggregate Ready for Sea Cost of the Ships and (ii) the aggregate Initial Market Value of the Ships, for the purpose of part-financing the Ready for Sea Cost of each Ship. The facility shall be divided into two Tranches, each of which may be made available in up to five Advances.

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