Exhibit 10.1
FOURTH SUPPLEMENTAL INDENTURE (this “Fourth Supplemental Indenture”), dated as of May 28, 2014, among Navios Maritime Acquisition Corporation, a Marshall Islands corporation, (the “Company”), Navios Acquisition Finance (US) Inc., a Delaware corporation (together with the Company, the “Co-Issuers”), and Leros Shipping Corporation and Kimolos Shipping Corporation, (each a “Guaranteeing Subsidiary”), each a Marshall Islands corporation and an indirect subsidiary of the Company, the other Guarantors (as defined in the Indenture referred to herein) and Wells Fargo Bank, National Association, as trustee (or its permitted successor) under the Indenture referred to below (the “Trustee”) and as collateral trustee (or its permitted successor) under the Indenture referred to below (the “Collateral Trustee”).
WITNESSETH
WHEREAS, the Co-Issuers and the Guarantors have heretofore executed and delivered to the Trustee an indenture (the “Indenture”), dated as of November 13, 2013 providing for the issuance of 8.125% First Priority Ship Mortgage Notes due 2021 (the “Notes”);
WHEREAS, the Indenture provides that under certain circumstances each Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which each Guaranteeing Subsidiary shall unconditionally guarantee all of the Co-Issuers’ obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”); and
WHEREAS, pursuant to Section 9.01 of the Indenture, the Trustee is authorized to execute and deliver this Fourth Supplemental Indenture.
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, each Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
1. CAPITALIZED TERMS. Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.
2. AGREEMENT TO GUARANTEE. Each Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee, on and subject to the terms, conditions and limitations set forth in the Notation of Guarantee and in the Indenture, including, but not limited, to Article Ten thereof.
3. NEW YORK LAW TO GOVERN. THIS FOURTH SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO CONFLICTS OF LAW PRINCIPLES TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY.
4. COUNTERPARTS. The parties may sign any number of copies of this Fourth Supplemental Indenture. Each signed copy shall be an original, but all of them together represent the same agreement.
5. EFFECT OF HEADINGS. The Section headings herein are for convenience only and shall not affect the construction hereof.
6. THE TRUSTEE. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Fourth Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by each Guaranteeing Subsidiary and the Co-Issuers.
IN WITNESS WHEREOF, the parties hereto have caused this Fourth Supplemental Indenture to be duly executed and attested, all as of the date first above written.
| LEROS SHIPPING CORPORATION | ||
| KIMOLOS SHIPPING CORPORATION | ||
| By: | /s/ Anna Kalathakis | |
| Name: | Anna Kalathakis | |
| Title: | Treasurer/Director | |
| NAVIOS MARITIME ACQUISITION CORPORATION | ||
| By: | /s/ Vasiliki Papaefthymiou | |
| Name: | Vasiliki Papaefthymiou | |
| Title: | Secretary | |
| NAVIOS ACQUISITION FINANCE (US) INC. | ||
| By: | /s/ Vasiliki Papaefthymiou | |
| Name: | Vasiliki Papaefthymiou | |
| Title: | President/Secretary | |
| LEFKADA SHIPPING CORPORATION | ||
| KERKYRA SHIPPING CORPORATION | ||
| ZAKYNTHOS SHIPPING CORPORATION | ||
| NAVIOS ACQUISITION EUROPE FINANCE INC. | ||
| DONOUSSA SHIPPING CORPORATION | ||
| SCHINOUSA SHIPPING CORPORATION | ||
| SIKINOS SHIPPING CORPORATION | ||
| LIMNOS SHIPPING CORPORATION | ||
| SKYROS SHIPPING CORPORATION | ||
| ALONNISOS SHIPPING CORPORATION | ||
| MAKRONISOS SHIPPING CORPORATION | ||
| IRAKLIA SHIPPING CORPORATION | ||
| THASOS SHIPPING CORPORATION | ||
| SAMOTHRACE SHIPPING CORPORATION | ||
| PAXOS SHIPPING CORPORATION | ||
| ANTIPAXOS SHIPPING CORPORATION | ||
| OINOUSSES SHIPPING CORPORATION | ||
| ANTIPSARA SHIPPING CORPORATION | ||
| PSARA SHIPPING CORPORATION | ||
| KITHIRA SHIPPING CORPORATION | ||
| ANTIKITHIRA SHIPPING CORPORATION | ||
| AMINDRA NAVIGATION CO. | ||
| SERIFOS SHIPPING CORPORATION | ||
| FOLEGANDROS SHIPPING CORPORATION | ||
| By: | /s/ Anna Kalathakis | |
| Name: | Anna Kalathakis | |
| Title: | Treasurer/Director | |
| SHINYO DREAM LIMITED | ||
| SHINYO KANNIKA LIMITED | ||
| SHINYO LOYALTY LIMITED | ||
| SHINYO NAVIGATOR LIMITED | ||
| SHINYO OCEAN LIMITED | ||
| SHINYO SAOWALAK LIMITED | ||
| SHINYO KIERAN LIMITED | ||
| By: | /s/ Alexandros Laios | |
| Name: | Alexandros Laios | |
| Title: | Director | |
| AEGEAN SEA MARITIME HOLDINGS INC. | ||
| THERA SHIPPING CORPORATION | ||
| TINOS SHIPPING CORPORATION | ||
| AMORGOS SHIPPING CORPORATION | ||
| ANDROS SHIPPING CORPORATION | ||
| ANTIPAROS SHIPPING CORPORATION | ||
| CRETE SHIPPING CORPORATION | ||
| IKARIA SHIPPING CORPORATION | ||
| IOS SHIPPING CORPORATION | ||
| KOS SHIPPING CORPORATION | ||
| MYTILENE SHIPPING CORPORATION | ||
| RHODES SHIPPING CORPORATION | ||
| SIFNOS SHIPPING CORPORATION | ||
| SKIATHOS SHIPPING CORPORATION | ||
| SKOPELOS SHIPPING CORPORATION | ||
| SYROS SHIPPING CORPORATION | ||
| By: | /s/ George Achniotis | |
| Name: | George Achniotis | |
| Title: | President/Director | |
| WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee | ||
| By: | /s/ Martin Reed | |
| Name: | Martin Reed | |
| Title: | Vice President | |
| WELLS FARGO BANK, NATIONAL ASSOCIATION, as Collateral Trustee | ||
| By: | /s/ Martin Reed | |
| Name: | Martin Reed | |
| Title: | Vice President | |