Common Contracts

59 similar Loan Agreement contracts by Diana Shipping Inc., Navios Maritime Partners L.P., Navios Maritime Acquisition CORP, others

Dated 15 April 2021 GSL ARCADIA LLC GSL TEGEA LLC GSL MYNY LLC GSL MELITA LLC GSL MARIA LLC and GSL DOROTHEA LLC as joint and several Borrowers THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HAMBURG COMMERCIAL BANK AG as...
Loan Agreement • March 24th, 2022 • Global Ship Lease, Inc. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a secured post-delivery term loan facility of up to the lesser of (A) US$64,200,000 and (B) 57.5 per cent. of the aggregate Initial Market Value of the Ships, in six equal advances, each in an amount of up to the lesser of (i) US$10,700,000 and (ii) 57.5 per cent. of the Initial Market Value of the Ship to which that Advance relates, for the purpose of partly financing the Ships’ Initial Market Value (as defined below).

Dated 11 May 2021 ALEGRIA SHIPPING CORPORATION ANDROMEDA SHIPTRADE LIMITED AURORA SHIPPING ENTERPRISES LTD. BERYL SHIPPING CORPORATION CHERYL SHIPPING CORPORATION CHRISTAL SHIPPING CORPORATION HYPERION ENTERPRISES INC. KYMATA SHIPPING CO. ORBITER...
Loan Agreement • August 26th, 2021 • Navios Maritime Partners L.P. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility in one advance in an amount of up to the lesser of (i) US$160,000,000 and (ii) 50 per cent. of the aggregate Initial Market Value of the Ships, for the purpose of refinancing the Existing Indebtedness secured on Ship A, Ship B, Ship C, Ship D, Ship E, Ship F, Ship G, Ship H, Ship I, Ship J, Ship K, Ship L and Ship M and partly financing the Initial Market Value of Ship N and Ship O.

LOAN AGREEMENT
Loan Agreement • March 30th, 2021 • Castor Maritime Inc. • Deep sea foreign transportation of freight
THE BANKS AND FINANCIAL INSTITUTIONS
Loan Agreement • March 12th, 2021

Index Clause Page 1 Interpretation 1 2 Facility 17 3 Position of the Lenders and Swap Banks 17 4 Drawdown 18 5 Interest 19 6 Interest Periods 21 7 Default Interest 22 8 reduction, Repayment, Prepayment and Cancellation 23 9 Conditions Precedent 26 10 Representations and Warranties 26 11 General Undertakings 29 12 Corporate Undertakings 33 13 Insurance 34 14 Ship Covenants 39 15 Security Cover 44 16 Payments and Calculations 46 17 Application of Receipts 47 18 Application of Earnings 49 19 Events of Default 50 20 Fees and Expenses 55 21 Indemnities 56 22 No Set-Off or Tax Deduction 58 23 Illegality, etc 59 24 Increased Costs 59 25 Set-Off 61 26 Transfers and Changes in Lending Offices 62 27 Variations and Waivers 65 28 Notices 66 29 Joint and Several Liability 68 30 Supplemental 69 31 Law and Jurisdiction 70

Dated May 2020
Loan Agreement • March 12th, 2021 • Diana Shipping Inc. • Deep sea foreign transportation of freight
LOAN AGREEMENT
Loan Agreement • March 12th, 2021

Index Clause1 Interpretation Page1 2 Facility 17 3 Position of the Lenders 17 4 Drawdown 18 5 Interest 19 6 Interest Periods 21 7 Default Interest 22 8 Repayment and Prepayment 23 9 Conditions Precedent 26 10 Representations and Warranties 27 11 General Undertakings 30 12 Corporate Undertakings 35 13 Insurance 36 14 Ship Covenants 42 15 Security Cover 47 16 Payments and Calculations 48 17 Application of Receipts 50 18 Application of Earnings; Swap Payments 51 19 Events of Default 53 20 Fees and Expenses 58 21 Indemnities 59 22 No Set-off or Tax Deduction 62 23 Illegality, etc 63 24 Increased Costs 63 25 Set-off 65 26 Transfers and Changes in Lending Offices 66 27 Variations and Waivers 70 28 Notices 71 29 Joint and Several Liability 73 30 Supplemental 74 31 Law and Jurisdiction 75

Dated 26 June 2020 CERULEAN SHIPPING CORPORATION CADMIUM SHIPPING CORPORATION CELADON SHIPPING CORPORATION BUFF SHIPPING CORPORATION BRANDEIS SHIPPING CORPORATION BOYSENBERRY SHIPPING CORPORATION and BOLE SHIPPING CORPORATION as joint and several...
Loan Agreement • August 6th, 2020 • Navios Maritime Acquisition CORP • Deep sea foreign transportation of freight

CERULEAN SHIPPING CORPORATION, CADMIUM SHIPPING CORPORATION, CELADON SHIPPING CORPORATION, BUFF SHIPPING CORPORATION, BRANDEIS SHIPPING CORPORATION, BOYSENBERRY SHIPPING CORPORATION and BOLE SHIPPING CORPORATION, each a corporation incorporated in the Republic of the Marshall Islands whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, the Marshall Islands MH96960, as joint and several Borrowers;

Dated 8 October 2019 LEFKADA SHIPPING CORPORATION as Borrower and THE BANKS AND FINANCIAL INSTITUTIONS as Lenders and HAMBURG COMMERCIAL BANK AG as Agent, Mandated Lead Arranger and Security Trustee LOAN AGREEMENT relating to a senior secured...
Loan Agreement • November 29th, 2019 • Navios Maritime Acquisition CORP • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrower a senior secured post-delivery term loan facility in one advance in an amount of up to the lesser of (A) US$31,800,000 and (B) 60 per cent. of the Initial Market Value of the Ship (as defined below) to partly finance the Market Value of the Ship.

Dated 26 September 2019 ALEGRIA SHIPPING CORPORATION ANDROMEDA SHIPTRADE LIMITED AURORA SHIPPING ENTERPRISES LTD. BERYL SHIPPING CORPORATION CHERYL SHIPPING CORPORATION CHRISTAL SHIPPING CORPORATION HYPERION ENTERPRISES INC. KYMATA SHIPPING CO....
Loan Agreement • November 26th, 2019 • Navios Maritime Partners L.P. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility of up to US$140,000,000 in one advance in an amount of up to the lesser of (i) US$140,000,000 and (ii) 75 per cent. of the aggregate Initial Market Value of the Ships, for the purpose of partly financing the Initial Market Value of each Ship.

Dated 23 May 2017 RED ROSE SHIPPING CORP. and THE AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HSH NORDBANK AG as Agent, Mandated Lead Arranger and Security Trustee LOAN AGREEMENT relating to a senior secured post- delivery term loan...
Loan Agreement • December 20th, 2018 • Navios Maritime Holdings Inc. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrower a secured post-delivery term loan facility in one advance in an amount of up to the lesser of (A) US$15,300,000 and (B) 60 per cent. of the Initial Market Value of the Ship (as defined below) to partly finance the Market Value of the Ship.

Dated 9 November 2018 AFROS MARITIME INC. ILIADA SHIPPING S.A. VINETREE MARINE COMPANY and VYTHOS MARINE CORP. as joint and several Borrowers and THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 as Lenders and HSH NORDBANK AG as Agent,...
Loan Agreement • November 30th, 2018 • Navios Maritime Containers L.P. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility of up to US$127,200,000 in four advances as follows subject to Clause 2.2:

Dated 28 June 2018 FAIRY SHIPPING CORPORATION and LIMESTONE 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 • July 3rd, 2018 • Navios Maritime Containers Inc. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility of up to US$36,000,000 in two advances as follows:

Loan Agreement
Loan Agreement • March 2nd, 2018 • Scorpio Bulkers Inc. • Deep sea foreign transportation of freight
Dated 7 June 2017 AMORGOS SHIPPING CORPORATION and ANDROS 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 • August 17th, 2017 • Navios Maritime Acquisition CORP • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility of up to US$24,000,000 in two advances as follows:

STI FONTVIEILLE SHIPPING COMPANY LIMITED STI VILLE SHIPPING COMPANY LIMITED
Loan Agreement • March 16th, 2017 • Scorpio Tankers Inc. • Deep sea foreign transportation of freight
LOAN AGREEMENT
Loan Agreement • February 17th, 2017 • Diana Shipping Inc. • Deep sea foreign transportation of freight
LOAN AGREEMENT
Loan Agreement • February 17th, 2017 • Diana Shipping Inc. • Deep sea foreign transportation of freight
Dated 1 September 2015
Loan Agreement • April 20th, 2016 • Seanergy Maritime Holdings Corp. • Deep sea foreign transportation of freight • England
SOLANA HOLDING LTD.
Loan Agreement • April 18th, 2016 • Dynagas LNG Partners LP • Water transportation
THE BANKS AND FINANCIAL INSTITUTIONS
Loan Agreement • March 28th, 2016 • Diana Shipping Inc. • Deep sea foreign transportation of freight
Dated April 16, 2015 DUNE SHIPPING CORP. and CITRINE 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, Bookrunner,...
Loan Agreement • May 5th, 2015 • Navios Maritime Partners L.P. • Deep sea foreign transportation of freight

The Lenders have agreed to make available to the Borrowers a senior secured post-delivery term loan facility of up to $164,000,000, in two advances, each being in the amount of up to the lesser of:

Dated 4 April 2014
Loan Agreement • April 17th, 2015 • Paragon Shipping Inc. • Deep sea foreign transportation of freight • England

for the purpose of financing part of the acquisition cost of each of Ship A and Ship B, respectively, payable pursuant to the relevant Shipbuilding Contract and re-financing existing indebtedness secured on Ship C.

THE BANKS AND FINANCIAL INSTITUIONS
Loan Agreement • March 25th, 2015 • Diana Shipping Inc. • Deep sea foreign transportation of freight
PEGASUS SHIPHOLDING S.A. SEACROWN MARITIME LTD.
Loan Agreement • March 10th, 2015 • Dynagas LNG Partners LP • Water transportation