Common Contracts

3 similar Loan Agreement contracts by Danaos Corp, Paragon Shipping Inc.

CAPITAL PRODUCT PARTNERS L.P.
Loan Agreement • September 17th, 2020

part-finance the acquisition cost of four tanker vessels and further part-finance the acquisition cost of certain additional vessels

AutoNDA by SimpleDocs
Date 25 July 2007
Loan Agreement • August 7th, 2007 • Paragon Shipping Inc. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrower a term loan facility in an amount of up to the lesser of (a) US$300,000,000 and (b) 65 per cent. of the aggregate Market Value of the Ships to (i) refinance the existing indebtedness secured on the Existing Ships and (ii) to finance the purchase price of the Target Ships and/or the Replacement Ship. The Borrower will on-lend the Loan to the Owners to assist them in refinancing the Existing Ships and in financing the acquisition of the Target Ships and/or the Replacement Ship.

Time is Money Join Law Insider Premium to draft better contracts faster.