Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / equity-subscription-agreement-kfo.docx
equity-subscription-agreement-kfo.docx
Parties
Thalassa Americas Inc
Dralvecen Mezzanine Capital LLC
Harkness LLP
Kensington Veltrian Partners LLC
Associates LLP
Drakos Maritime Valuations Ltd
Capitol Registered Agents LLC
Supply SA
Dates
May 22, 2023
March 14, 2023
December 31, 2021
December 31, 2022
September 15, 2022
June 15, 2019
September 30, 2022
October 10, 2022
January 8, 2023
March 8, 2023
Amounts
€1.42
€987
$685
$27.3
$40
$12.7
$847.3
$540
$112.3
$50
Obligations
1 — Definitions As used in this Agreement, the following terms shall have the meanings set forth below: "Amendment No
2 — Interpretation Unless the context of this Agreement otherwise requires: (a) headings of Articles, Sections, Schedules, and Exhibits are for convenience of reference only and shall not affect the interpretation of this Agreement; (b) words importing the singular shall include the plural and vice versa, and words importing a gender shall include all genders; (c) references to "Articles," "Sections," "Schedules," and "Exhibits" are to Articles, Sections, Schedules, and Exhibits of this Agreement; (d) references to any agreement, instrument, or document (including this Agreement) shall be deemed to include references to such agreement, instrument, or document as amended, supplemented, restated, or otherwise modified from time to time in accordance with its terms; (e) the words "including," "includes," and "include" shall be deemed to be followed by the words "without limitation"; (f) the words "hereof," "herein," "hereby," "hereto," and "hereunder" refer to this Agreement as a whole; (g) all amounts denominated in Euros ("€") and references to "$" or "Dollar" are to United States Dollars; Dollar equivalents of Euro amounts are provided for reference purposes only based on the Exchange Rate, unless otherwise specified; (h) in the event of any inconsistency between the English-language version and any Greek-language version of this Agreement, both versions shall be equally authentic, but the Parties shall endeavor in good faith to resolve any such inconsistency; and (i) references to any Person shall include such Person's successors and permitted assigns
1 — Subscription Subject to the terms and conditions of this Agreement, KFO hereby irrevocably subscribes for, and agrees to purchase, the New Shares at an aggregate subscription price equal to the Equity Subscription Amount of €35,000,000
The Company shall use its commercially reasonable efforts to cause such registration to be effected promptly on or as soon as practicable following the Closing Date
The issuance of the New Shares is subject to, and shall take into account, the dilutive effect of the issuance of 15% of the Company's equity to BMC in connection with the Mezzanine Exchange
(policy number PII-DO-2022-08847), and shall not permit any material insurance policy to lapse, expire, or be cancelled without the prior written consent of KFO