To: Navios Maritime Acquisition Corporation (the Borrower)Navios Maritime Holdings Inc. • October 14th, 2010 • Deep sea foreign transportation of freight
We, Navios Maritime Holdings Inc. (Navios), are pleased to make available to the Borrower the Loan (defined below) on the terms set out in this letter (this letter is hereafter referred to as the Agreement).
Dear Sirs Loan Agreement dated 28 August 2009 (as amended by a letter dated 22 December 2009, the “Loan Agreement”) made between (i) yourselves as Borrower, (ii) ourselves as Lender, (iii) ourselves as Agent and Account Bank, (iv) ourselves as...Navios Maritime Holdings Inc. • October 14th, 2010 • Deep sea foreign transportation of freight
We refer to the Loan Agreement. Words and expressions defined in the Loan Agreement and the other Security Documents shall have the same meanings when used in this Letter unless the context otherwise requires.
DATED 30 September 2010 ARAMIS NAVIGATION INC. (1) EMPORIKI BANK OF GREECE S.A. (2) FACILITY AGREEMENT in respect of a loan of up to USD40,000,000 PIRAEUSAgreement • October 14th, 2010 • Navios Maritime Holdings Inc. • Deep sea foreign transportation of freight • London
