OSG Bulk definition
Examples of OSG Bulk in a sentence
During the period from the Retirement Date to June 30, 2016 (the “Consulting Period”), the Company will engage you as an independent contractor to render such consulting services to the Company and its subsidiaries, OSG Bulk Ships, Inc.
The Borrowers shall except as otherwise contemplated herein, cause each of OSG Bulk and OSG International to be direct or indirect wholly-owned Subsidiaries of OSG (excluding only director’s qualifying shares).
By: Name: Title: By: Name: Title: By: Name: Title: Reference is made to Intercreditor Agreement (as amended, supplemented, restated, amended and restated or otherwise modified from time to time pursuant to the terms thereof, the “Intercreditor Agreement”) dated as of August 5, 2014 (the “Closing Date”) between the ABL Agent and the Term Agent (each as defined therein), and acknowledged, and consented to, by Overseas Shipholding Group, Inc., OSG Bulk Ships, Inc.
The name and address of the sole Member of the Company is: OSG Bulk Ships, Inc.
The undersigned, [SHIPOWNER], the Owner of the United States documented vessel [VESSEL] (the “Vessel”), hereby gives you notice that by a Security Agreement dated as of [DATE] entered into by OSG Bulk Ships, Inc.
ABL Agent: W▇▇▇▇ Fargo Bank, National Association 1▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: Loan Portfolio Manager – OSG Bulk Ships, Inc.
Telephone: 2▇▇-▇▇▇-▇▇▇▇ Facsimile No.: 2▇▇-▇▇▇-▇▇▇▇ Re: OSG Bulk Ships, Inc.
Upon failure by OSG Bulk or OSG International to pay punctually any such amount, OSG shall forthwith on demand by the Administrative Agent pay the amount not so paid at the place and in the manner specified in this Agreement.
The Executive shall serve as Senior Vice President of the Company and President and Chief Executive Officer of the U.S. Flag Strategic Business Unit (including as President and Chief Executive Officer of OSG Bulk Ships, Inc.) commencing on July [18], 2016 (the “Effective Date”) and shall continue until terminated (such period, the “Term”) upon his “Separation from Service” with the Company in connection with any of the events described in Section 4 hereof.
By_____________________________ Name: Title: Date Amount of Advance/Currency Amount of Principal Paid or Prepaid Unpaid Principal Balance Notation Made By DnB NOR BANK ASA New York Branch 2▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Attention: N▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Attention: Ladies and Gentlemen: Please be advised that, in accordance with the terms of Section 2.4 of the Credit Agreement, dated as of January __, 2005, among (i) Overseas Shipholding Group, Inc., OSG Bulk Ships, Inc.