1
Exhibit 4(f)
HANOVER FOODS CORPORATION
FOURTH AMENDMENT
RE: NOTE AGREEMENT DATED AS OF DECEMBER 1, 1991
Dated as of
Xxxxx 00, 0000
Xxxxxxxx Life Insurance Company
0000 Xxxxxxx Xxxx, Xxxxx X0X Xxxxxxxxxx, Xxxxxxxx 00000
Attention: Private Placement Department
Ladies and Gentlemen:
Reference is made to the Note Agreement, dated as of December 1, 1991 (the "Note
Agreement"), pursuant to which Hanover Foods Corporation, a Pennsylvania
corporation (the "Corporation"), issued $25,000,000 principal amount of its
Senior Notes due March 15, 2007. Capitalized terms used herein and not otherwise
defined shall have the meanings given thereto in the Note Agreement.
The Corporation requests that you amend certain provisions of the Note Agreement
to read as hereinafter set forth.
NOW, THEREFORE, in consideration of the premises and other good and sufficient
consideration, the Corporation agrees with you as follows:
SECTION 1 AMENDMENT OF SECTION 5.19 OF THE NOTE AGREEMENT
Section 5.19 of the Note Agreement is hereby amended to read as follows:
"Section 5.19. Maintenance of bank Facilities. The Corporation will, at all
times, keep and maintain committed credit facilities from one or more financial
institutions aggregating at any one time not less than $30,000,000, each in form
and substance reasonably satisfactory to the holders of the Notes."
-42-
2
SECTION 2 REPRESENTATIONS AND WARRANTIES
The Corporation hereby represents and warrants that no Default or Event of
Default has occurred and is continuing.
SECTION 3 MISCELLANEOUS
3.1. Headings. The headings of the sections of this Fourth Amendment
are for purposes of convenience only and shall not be construed to affect the
meaning or construction of any of the provisions hereof
3.2. Governing Law. This Fourth Amendment shall be governed by and
construed in accordance with the laws of the State of Pennsylvania.
3.3. References to Note Agreement. Any and all notices, requests,
certificates, and other instruments executed concurrently with or after the
execution of the Fourth Amendment may refer to the Note Agreement without making
specific reference to this Fourth Amendment, but nevertheless all such
references shall be deemed to include this Fourth Amendment unless the context
shall otherwise require.
5.4. Ratification. Except to the extent expressly hereby modified or
amended, the Note Agreement is in all respects hereby ratified, confirmed, and
approved by the parties hereto.
5.5. Effective Date of Fourth Amendment. This Fourth Amendment shall be
effective when signed and delivered by the parties hereto.
Please signify your consent to this amendment of the Note Agreement between you
and the Corporation by signing and returning this Fourth Amendment.
HANOVER FOODS CORPORATION
By _____________________________________
Its Executive Vice President
Accepted as of the date first above written.
ALLSTATE LIFE INSURANCE COMPANY
By______________________________________
By______________________________________
Authorized Signature
-43-