Common Contracts

4 similar Term Loan Facility contracts by Castor Maritime Inc., Navios Maritime Partners L.P., Okeanis Eco Tankers Corp., Seanergy Maritime Holdings Corp.

Dated 21 May 2024 Up to $60,000,000 TERM LOAN FACILITY ANASSA NAVIGATION S.A. as Borrower and OKEANIS ECO TANKERS CORP. as Parent Guarantor and DANISH SHIP FINANCE A/S as Original Lender FACILITY AGREEMENT relating to and (ii) for general corporate...
Term Loan Facility • March 31st, 2025 • Okeanis Eco Tankers Corp. • Deep sea foreign transportation of freight

​ ​ ​ ​ Clause Page ​ ​ ​ Section 1 Interpretation ​ 2 1 Definitions and Interpretation ​ 2 Section 2 The Facility ​ 27 2 The Facility ​ 27 3 Purpose ​ 27 4 Conditions of Utilisation ​ 28 Section 3 Utilisation ​ 29 5 Utilisation ​ 29 Section 4 Repayment, Prepayment and Cancellation ​ 31 6 Repayment ​ 31 7 Prepayment and Cancellation ​ 31 Section 5 Costs of Utilisation ​ 35 8 Interest ​ 35 9 Interest Periods ​ 36 10 Changes to the Calculation of Interest ​ 37 11 Fees ​ 42 Section 6 Additional Payment Obligations ​ 43 12 Tax Gross Up and Indemnities ​ 43 13 Increased Costs ​ 46 14 Other Indemnities ​ 48 15 Mitigation by the Lender and Force Majeure Event ​ 50 16 Costs and Expenses ​ 52 Section 7 Guarantee ​ 53 17 Guarantee and Indemnity – Parent Guarantor ​ 53 Section 8 Representations, Undertakings and Events of Default ​ 56 18 Representations ​ 56 19 Information Undertakings ​ 64 20 Financial Covenants ​ 67 21 General Undertakings ​ 69 22 Insurance Undertakings ​ 76 23 General Ship Und

Dated 10 October 2022 TERM LOAN FACILITY FELLOW SHIPPING CO. PREMIER MARINE CO.
Term Loan Facility • March 31st, 2023 • Seanergy Maritime Holdings Corp. • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrowers a secured term loan facility of up to the lesser of (i) $28,000,000 and (ii) 52 per cent. of the aggregate Initial Market Value of the Ships in two Advances for the purposes of refinancing the Existing Indebtedness in respect of the Ships and for general corporate purposes.

Dated __________________ 2022
Term Loan Facility • March 8th, 2023 • Castor Maritime Inc. • Deep sea foreign transportation of freight

The Lender has agreed to make available to the Borrowers a secured term loan facility in an aggregate amount of $22,500,000, in two Tranches, for the purpose of financing the Ships.