WITNESSETH:Loan Agreement • December 14th, 1995 • Ultra Pac Inc • Converted paper & paperboard prods (no contaners/boxes) • Minnesota
LAURA SCHMALTZ OBERST Vice President Commercial Banking Norwest Bank Minnesota, N.A. Norwest Center Sixth and Marquette Minneapolis, Minnesota 55479-0091 612/667/5714 Fax: 612/667-4144 December 12, 1995 Ultra Pac, Inc. 21925 Industrial Boulevard...Credit and Security Agreement • December 14th, 1995 • Ultra Pac Inc • Converted paper & paperboard prods (no contaners/boxes)
This letter responds to your letter dated December 6, 1995 addressed to Ms. Laura Oberst of Norwest. Your letter cited two anticipated covenant breaches by the Borrower relative to Sections 6.12(d) and 6.12(e) of the above-referenced Credit And Security Agreement (the "Agreement"). Your letter requested waivers by West One and Norwest of such covenant breaches for the period ending October 31, 1995.
LOGO] NORWEST BANK MINNESOTA, N.A. NORWEST CENTER SIXTH AND MARQUETTE MINNEAPOLIS, MINNESOTA 55479-0091 612/667-5714 FAX: 612/667-4144 December 12, 1995 Ultra Pac, Inc. 21925 Industrial Boulevard Rogers, Minnesota 55374-9474 Attention: Brad C. Yopp,...Credit and Security Agreement • December 14th, 1995 • Ultra Pac Inc • Converted paper & paperboard prods (no contaners/boxes)
This letter responds to your letter dated December 6, 1995 addressed to Ms. Laura Oberst of Norwest. Your letter cited two anticipated covenant breaches by the Borrower relative to Sections 6.12(d) and 6.12(c) of the above-referenced Credit And Security Agreement (the "Agreement"). Your letter requested waivers by West One and Norwest of such covenant breaches for the period ending October 31, 1995.
