Dated 6 February 2014 TINOS SHIPPING CORPORATION and THERA SHIPPING CORPORATION as joint and several Borrowers and THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HSH NORDBANK AG as Agent, Mandated Lead Arranger and Security...Loan Agreement • February 13th, 2014 • Navios Maritime Acquisition CORP • Deep sea foreign transportation of freight
The Lenders have agreed to make available to the Borrowers a senior secured term loan facility of up to US$51,000,000, in two tranches, each in an amount of up to the lesser of (a) US$25,500,000 and (b) 62.5 per cent. of the market value of the ship (determined pursuant to paragraph 5 of Schedule 3, Part B) to which that Tranche relates to refinance part of the acquisition cost of two LR1 product tankers m.vs. “NAVE RIGEL” and “NAVE ATROPOS”.
Dated 13 December 2013 NAVIOS EUROPE INC. as Borrower and THE CORPORATIONS listed in Schedule 1 as Lenders and NAVIOS PARTNERS EUROPE FINANCE INC. as Agent NAVIOS ACQUISITION EUROPE FINANCE INC. as Mandated Lead Arranger and NAVIOS HOLDINGS EUROPE...Agreement • February 13th, 2014 • Navios Maritime Acquisition CORP • Deep sea foreign transportation of freight
The Lenders have agreed to make available to the Borrower certain secured term and revolving loan facilities for the purposes and in the amounts set forth in Clause 2 and such term and revolving loan facilities shall be the “Navios Loans” and “WC Loans” respectively for the purposes of the Master Agreement (as defined herein).
