CREDIT AGREEMENTCredit Agreement • June 20th, 2005 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight • New York
CREDIT AGREEMENT dated as of June [•], 2005 (as such may be amended, supplemented (including, without limitation, by way of each Credit Agreement Supplement executed and delivered from time to time), or otherwise modified, this “Agreement”) among (i) EAGLE BULK SHIPPING INC., a Marshall Islands corporation (the “Borrower”), (ii) CARDINAL SHIPPING LLC, CONDOR SHIPPING LLC, FALCON SHIPPING LLC, GRIFFON SHIPPING LLC, HARRIER SHIPPING LLC, HAWK SHIPPING LLC, KITE SHIPPING LLC, OSPREY SHIPPING LLC, PEREGRINE SHIPPING LLC, SHIKRA SHIPPING LLC and SPARROW SHIPPING LLC, each a Marshall Islands limited liability company (collectively, the “Initial Guarantors”), and the Additional Guarantors party hereto from time to time, and (ii) THE ROYAL BANK OF SCOTLAND PLC, as Lender (the “Lender”).
SECOND AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF EAGLE VENTURES LLC A MARSHALL ISLANDS LIMITED LIABILITY COMPANYLimited Liability Company Agreement • June 20th, 2005 • Eagle Bulk Shipping Inc. • Deep sea foreign transportation of freight • New York
This Second Amended and Restated Limited Liability Company Agreement of Eagle Ventures LLC, a Marshall Islands limited liability company (the "Company"), is made as of June , 2005 by and among the individuals or entities listed under the heading "Kelso Members" on Schedule A hereto (each a "Kelso Member" and collectively, the "Kelso Members"), Sophocles Zoullas ("Zoullas"), Edward H. James ("James "), Claude Thouret ("Thouret"), Alan Ginsberg ("Ginsberg"), Intercontinental Shipping and Trading Corp. ("IST"), Maria Zoullas ("Maria "), George S. Kaufman ("Kaufman"), Jeffrey S. Nordhaus ("Nordhaus"), David Hiley ("Hiley"), and Magnetite Asset Investors III L.L.C. ("Magnetite," and, together with the Kelso Members, Zoullas, James, Thouret, Ginsberg, IST, Maria, Kaufman, Nordhaus and Hiley, the "Initial Members") and such other Persons as may become Members of the Company after the date hereof in accordance with Section 4.8 of this Agreement. Zoullas, James, Thouret and Ginsberg and such ot
