Common Contracts
2 similar Second Supplemental Agreement contracts by Safe Bulkers, Inc.
SECOND SUPPLEMENTAL AGREEMENT TO SECURED MULTI-CURRENCY REDUCING REVOLVING CREDIT FACILITY AGREEMENT DATED 11 JANUARY 2008 AS AMENDED AND SUPPLEMENTED BY A FIRST SUPPLEMENTAL AGREEMENT DATED 22 MAY 2008Second Supplemental Agreement • May 19th, 2009 • Safe Bulkers, Inc. • Deep sea foreign transportation of freight
SUPPLEMENTAL TO a secured multi-currency reducing revolving credit facility agreement dated 11 January 2008 as amended and supplemented by a first supplemental agreement dated 22 May 2008 each made between the Borrower and the Lender (together, the “Original Facility Agreement” and together with this Second Supplemental Agreement (hereinafter defined) as the same may be further amended, supplemented and/or novated from time to time, the “Facility Agreement”), on the terms and subject to the conditions of which the Lender has agreed to advance to the Borrower an aggregate amount not exceeding forty two million Dollars ($42,000,000) (the “Loan”) for the purposes described therein.
DATED 31 MARCH 2009 AVSTES SHIPPING CORPORATION (as borrower) -and- DnB NOR BANK ASA (as lender) -and- SAFE BULKERS INC. (as corporate guarantor) -and- PELEA SHIPPING LTD. EFRAGEL SHIPPING CORPORATION MARINDOU SHIPPING CORPORATION ENIAPROHI SHIPPING...Second Supplemental Agreement • May 19th, 2009 • Safe Bulkers, Inc. • Deep sea foreign transportation of freight
SUPPLEMENTAL TO a secured multi-currency reducing revolving credit facility agreement dated 17 April 2008 as amended and supplemented by a first supplemental agreement dated 22 May 2008 each made between the Borrower and the Lender (together, the “Original Facility Agreement” and together with this Second Supplemental Agreement (hereinafter defined) as the same may be further amended, supplemented and/or novated from time to time, the “Facility Agreement”), on the terms and subject to the conditions of which the Lender has agreed to advance to the Borrower an aggregate amount not exceeding thirty six million Dollars ($36,000,000) (the “Loan”) for the purposes described therein.
