FOURTH AMENDMENT TO CREDIT AGREEMENTCredit Agreement • May 5th, 2011 • International Shipholding Corp • Deep sea foreign transportation of freight • Alabama
THIS FOURTH AMENDMENT TO CREDIT AGREEMENT ("this Amendment') dated as of March 31, 2011 (the "Effective Date") is entered into by and among INTERNATIONAL SHIPHOLDING CORPORATION, a Delaware corporation ("ISC"), ENTERPRISE SHIP COMPANY, INC., a Delaware corporation ("Enterprise"), SULPHUR CARRIERS, INC., a Delaware corporation ("Sulphur Carriers"), GULF SOUTH SHIPPING PTE LTD., a Singapore corporation ("Gulf South"), CG RAILWAY, INC., a Delaware corporation ("Ca Railway"), LCI SHIPHOLDINGS, INC., a Marshall Islands corporation ("LCI"), CENTRAL GULF LINES, INC., a Delaware corporation ("Central Gulf'), EAST GULF SHIPHOLDING, INC., a Marshall Islands corporation ("East Gulf), MPV, INC., a Marshall Islands corporation ("MIN"), and WATERMAN STEAMSHIP CORPORATION, a New York corporation ("Waterman"; ISC, Enterprise, Sulphur Carriers, Gulf South, CG Railway, LC', Central Gulf, East Gulf, MTV, and Waterman are, collectively, referred to as the "Borrowers"), and REGIONS BANK, an Alabama banking
