Existing Investments [a04-13000_1ex10d1.htm#ScheduleXi]
EXHIBIT A
-
Notice of Borrowing
EXHIBIT B
-
Term Note
EXHIBIT C
-
Revolving Note
EXHIBIT D-1
-
Opinion of Kramer Levin Naftalis & Frankel LLP, New York counsel to the Borrower
and its Subsidiaries
EXHIBIT D-2
-
Opinion of Seward & Kissel LLP, New York counsel to the Borrower and its
Subsidiaries
EXHIBIT D-3
-
Opinion of Constantine P. Georgiopoulos, New York maritime counsel to the
Borrower and its Subsidiaries
EXHIBIT D-4
-
Form of Opinion of George E. Henries, Esq., Liberian counsel to the Borrower and
its Subsidiaries
EXHIBIT D-5
-
Form of Opinion of Dennis J. Reeder, Esq., Marshall Islands counsel to the
Borrower and its Subsidiaries
EXHIBIT D-6
-
Form of Opinion of Ganado Associates, Maltese counsel to the Borrower and its
Subsidiaries
EXHIBIT E
-
Officer's Certificate
EXHIBIT F
-
Subsidiaries Guaranty
EXHIBIT G
-
Pledge Agreement
EXHIBIT H
-
Assignment of Earnings
EXHIBIT I
-
Assignment of Insurances
EXHIBIT J-1
-
Form of Marshall Islands Vessel Mortgage
EXHIBIT J-2
-
Form of Liberian Vessel Mortgage
EXHIBIT J-3
-
Form of Maltese Vessel Mortgage
EXHIBIT K
-
Solvency Certificate
EXHIBIT L
-
Assignment and Assumption Agreement
EXHIBIT M
-
Form of Compliance Certificate
EXHIBIT N
-
Subordination Provisions
v
CREDIT AGREEMENT, dated as of July 1, 2004, among GENERAL MARITIME CORPORATION,
a Marshall Islands corporation (the "Borrower"), the Lenders party hereto from
time to time, and NORDEA BANK FINLAND PLC, NEW YORK BRANCH, as Administrative
Agent (in such capacity, the "Administrative Agent") and as Collateral Agent
under the Security Documents (in such capacity, the "Collateral Agent"). All
capitalized terms used herein and defined in Section 11 are used herein as
therein defined.
W I T N E S S E T H:
WHEREAS, subject to and upon the terms and conditions herein set forth, the
Lenders are willing to make available to the Borrower the credit facilities
provided for herein;
NOW, THEREFORE, IT IS AGREED:
SECTION 1.
Amount and Terms of Credit Facilities.
1.01
THE COMMITMENTS.
(A) SUBJECT TO AND UPON THE TERMS AND CONDITIONS SET
FORTH HEREIN, EACH LENDER WITH A TERM LOAN COMMITMENT SEVERALLY AGREES TO MAKE A
TERM LOAN OR TERM LOANS (EACH A "TERM LOAN" AND, COLLECTIVELY, THE "TERM LOANS")
TO THE BORROWER, WHICH TERM LOANS (I) SHALL BEAR INTEREST IN ACCORDANCE WITH
SECTION 1.07, (II) MAY ONLY BE INCURRED PURSUANT TO A SINGLE DRAWING ON THE
INITIAL BORROWING DATE, (III) SHALL BE DENOMINATED IN DOLLARS, AND (IV) SHALL
NOT EXCEED FOR ANY LENDER, THAT AMOUNT WHICH EQUALS THE TERM LOAN COMMITMENT OF
SUCH LENDER AS IN EFFECT ON SUCH BORROWING DATE.
ONCE REPAID, TERM LOANS
INCURRED HEREUNDER MAY NOT BE REBORROWED.
(b)
Subject to and upon the terms and conditions
set forth herein, each Lender with a Revolving Loan Commitment severally agrees
to make at any time on or after the Initial Borrowing Date and prior to the
Maturity Date a revolving loan or revolving loans (each, a "Revolving Loan" and,
collectively, the "Revolving Loans")