Extract to table

For the avoidance of doubt, any payment deposited into escrow but not yet released to Northwind as of the date of default shall not be credited against the Unpaid Balance unless and until such payment is actually released to and received by Northwind

(ii) If no payments have been made and released to Northwind, and Payment 1 ($4,000,000) has not been made by its due date and remains unpaid following expiration of the cure period, the Unpaid Balance shall be $7,850,000

(iii) If Payment 1 ($4,000,000) and Payment 2 ($2,000,000) have been timely made and released to Northwind, but Payment 3 ($1,850,000) has not been made by its due date and remains unpaid following expiration of the cure period, the Unpaid Balance shall be $1,850,000

Interest shall be computed on the full amount of the Unpaid Balance as determined in Section 2 above, without compounding

Section 4: Joint and Several Liability Judgment shall be entered against both Defendant Thalassa Shipping & Logistics SA and Defendant Aegean Fortuna Shipholding Ltd

Section 5: Acceleration Upon entry of this Consent Judgment, all remaining installments under the Settlement Agreement that have not yet been paid and released to Northwind shall be deemed immediately due and payable in full, regardless of whether the scheduled due dates for such installments have yet occurred