Common Contracts
4 similar Facility Agreement contracts by Seanergy Maritime Holdings Corp.
ContractFacility Agreement • July 23rd, 2010 • Seanergy Maritime Holdings Corp. • Deep sea foreign transportation of freight
Dated 5 June 2008 FACILITY AGREEMENT in respect of US$66,300,000 term loan facility for MARITIME GRACE SHIPPING LIMITED and MARITIME GLORY SHIPPING LIMITED (as Borrowers) with MARITIME CAPITAL SHIPPING LIMITED (as Guarantor) with THE HONGKONG AND...Facility Agreement • July 23rd, 2010 • Seanergy Maritime Holdings Corp. • Deep sea foreign transportation of freight
CLAUSE PAGE 1. Definitions and interpretation 1 2. The Facilities 14 3. Purpose 15 4. Conditions of Drawdown 15 5. Drawdown 16 6. Repayment 17 7. Prepayment and cancellation 17 8. Interest 21 9. Interest Periods 22 10. Changes to the calculation of interest 23 11. Fees 24 12. Tax gross-up and indemnities 25 13. Increased Costs 27 14. Other indemnities 28 15. Mitigation by the Lenders 29 16. Costs and expenses 30 17. Guarantee and indemnity 31 18. Representations 33 19. Information undertakings . 38 20. Financial covenants 41 21. General undertakings 41 22. Vessel undertakings 48 23. Events of Default 51 24. Changes to the Lenders 56 25. Changes to the Obligors 59 26. Role of the Agent 60 27. Conduct of business by the Finance Parties 65 28. Sharing among the Finance Parties 66 29. Payment mechanics 67 30. Set-off 70 31. Notices 70
ContractFacility Agreement • July 21st, 2010 • Seanergy Maritime Holdings Corp. • Deep sea foreign transportation of freight
Dated 5 June 2008 FACILITY AGREEMENT in respect of US$66,300,000 term loan facility for MARITIME GRACE SHIPPING LIMITED and MARITIME GLORY SHIPPING LIMITED (as Borrowers) with MARITIME CAPITAL SHIPPING LIMITED (as Guarantor) with THE HONGKONG AND...Facility Agreement • July 21st, 2010 • Seanergy Maritime Holdings Corp. • Deep sea foreign transportation of freight
CLAUSE PAGE 1. Definitions and interpretation 1 2. The Facilities 14 3. Purpose 15 4. Conditions of Drawdown 15 5. Drawdown 16 6. Repayment 17 7. Prepayment and cancellation 17 8. Interest 21 9. Interest Periods 22 10. Changes to the calculation of interest 23 11. Fees 24 12. Tax gross-up and indemnities 25 13. Increased Costs 27 14. Other indemnities 28 15. Mitigation by the Lenders 29 16. Costs and expenses 30 17. Guarantee and indemnity 31 18. Representations 33 19. Information undertakings . 38 20. Financial covenants 41 21. General undertakings 41 22. Vessel undertakings 48 23. Events of Default 51 24. Changes to the Lenders 56 25. Changes to the Obligors 59 26. Role of the Agent 60 27. Conduct of business by the Finance Parties 65 28. Sharing among the Finance Parties 66 29. Payment mechanics 67 30. Set-off 70 31. Notices 70
