WITNESSETH:Ultra Pac Inc • December 14th, 1995 • Converted paper & paperboard prods (no contaners/boxes) • Minnesota
Company FiledDecember 14th, 1995 Industry Jurisdiction
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...Ultra Pac Inc • December 14th, 1995 • Converted paper & paperboard prods (no contaners/boxes)
Company FiledDecember 14th, 1995 IndustryThis 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,...Ultra Pac Inc • December 14th, 1995 • Converted paper & paperboard prods (no contaners/boxes)
Company FiledDecember 14th, 1995 IndustryThis 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.