LOAN AND SECURITY AGREEMENTLoan and Security Agreement • August 9th, 2004 • Maritrans Inc /De/ • Water transportation
THIS LOAN AND SECURITY AGREEMENT (this “Agreement” or “Loan Agreement’) dated as of June 22, 2004, is made by and among MARITRANS INC., a Delaware corporation, and MARITRANS HONOUR CO., a Nevada corporation, jointly and severally (individually and collectively, “Borrowers”), having their respective chief executive offices at Two Harbour Place, 302 Knights Run Avenue, Suite 1200, Tampa, Florida 33602, and FIFTH THIRD BANK, an Ohio banking corporation having an office at 38 Fountain Square Plaza, MD 10904A, Cincinnati, Ohio 45263 (“Lender”).
