AMENDMENT NO. 2 TO LOAN AND SECURITY AGREEMENT THIS AMENDMENT NO. 2 ("Amendment") is entered into as of March __, 1998, by and between IHW, Inc. ("Borrower"), having its principal place of business at 170 53rd Street, Brooklyn, New York 11232 and...Loan and Security Agreement • April 15th, 1998 • Creative Technologies Corp • Electric housewares & fans • New York
AMENDMENT NO. 2 TO LOAN AND SECURITY AGREEMENT THIS AMENDMENT NO. 2 ("Amendment") is entered into as of March __, 1998, by and between IHW, Inc. ("Borrower"), having its principal place of business at 170 53rd Street, Brooklyn, New York 11232 and Century Business Credit Corporation ("Lender") having its principal place of business at 119 West 40th Street, New York, New York 10018. BACKGROUND Borrower and Lender are parties to a Loan and Security Agreement dated as of July 10, 1997 (as same has been and may be further amended, supplemented or otherwise modified from time to time, the "Loan Agreement") pursuant to which Lender provides Borrower with certain financial accommodations. Borrower has requested that Lender amend the Contract Rate and Lender is willing to do so on the terms and conditions hereafter set forth. NOW, THEREFORE, in consideration of any loan or advance or grant of credit heretofore or hereafter made to or for the account of Borrower by Lender, and for other good and
DISTRIBUTION AGREEMENT This Distribution Agreement is entered between IHW, Inc., 170 53rd Street, Brooklyn, New York 11232 (Distributor) and Ergo Trade D.O.O., Cankarjeva 3/11, 1000 Ljubljana, Slovenia effective as of January 1, 1998. 1. Appointment...Distribution Agreement • April 15th, 1998 • Creative Technologies Corp • Electric housewares & fans
DISTRIBUTION AGREEMENT This Distribution Agreement is entered between IHW, Inc., 170 53rd Street, Brooklyn, New York 11232 (Distributor) and Ergo Trade D.O.O., Cankarjeva 3/11, 1000 Ljubljana, Slovenia effective as of January 1, 1998. 1. Appointment a) Manufacturer hereby appoints Distributor as the exclusive distributor of Manufacturer's Products in the U.S.A., its territories and possessions, and Canada ("The Territory") for the Period set forth hereinafter. 2. Products a) Products included in this Agreement include all serving trolleys and other wooden articles for use in homes or other venues and other items as may be mutually agreed upon, including any new products of above range developed during the agreement. 3. Price, Terms of Sale, Purchase Commitments, Terms of Payment a) Manufacturer will sell the Products to the Distributor in accordance with prices, items and conditions set forth in a mutually agreed upon price list or special price quotations (Price List). b) Prices set f
