DEBTOR IN POSSESSION TERM LOAN AND SECURITY AGREEMENT by and among TRAILER BRIDGE, INC., a Debtor and Debtor-in-Possession under Chapter 11 of the Bankruptcy Code, as Borrower and LAW DEBENTURE TRUST COMPANY OF NEW YORK, as Agent and THE LENDERS FROM...Possession Term Loan and Security Agreement • November 22nd, 2011 • Trailer Bridge Inc • Water transportation • New York
This Debtor in Possession Term Loan and Security Agreement (this “Agreement”) dated November 21, 2011 is entered into by and among Trailer Bridge, Inc., a Delaware corporation and a debtor and debtor-in-possession (“Borrower”) in a case pending under chapter 11, title 11 of the United States Code (the “Bankruptcy Code”), the financial institutions from time to time parties hereto as lenders, whether by execution of this Agreement or an Assignment and Acceptance (each individually, a “Lender” and collectively, “Lenders”) and Law Debenture Trust Company of New York, a New York banking corporation duly organized and existing under the laws of the State of New York, as agent for Lenders (together with its successors and assigns, the “Agent”).
