BETWEENLoan and Security Agreement • March 21st, 1997 • Valhi Inc /De/ • Sugar & confectionery products • Utah
FORMATION AGREEMENT BETWEEN SNAKE RIVER SUGAR COMPANY AND THE AMALGAMATED SUGAR COMPANY OF THE THE AMALGAMATED SUGAR LLC DATED AS OFFormation Agreement • March 21st, 1997 • Valhi Inc /De/ • Sugar & confectionery products • Delaware
FORM OF VALHI, INC. GUARANTY ----------------------------Guaranty • March 21st, 1997 • Valhi Inc /De/ • Sugar & confectionery products
Guarantor hereby expressly waives (1) notice of acceptance of this guaranty and (2) any other notice given to Seller in accordance with the provisions of the Agreement on any default under the Agreement or otherwise, except as provided in the first paragraph of this Guaranty. Guarantor hereby authorizes Buyer to forbear with respect to, amend, modify, enlarge, extend, compromise and discharge any or all of the obligations of Seller under the Agreement without notice to or consent by Guarantor. Guarantor acknowledges and agrees that its liability under this guaranty is joint and several with Seller and, upon any continuing default by Seller, Buyer shall not be obligated to first attempt enforcement against Seller but shall only be obligated to give the notice provided in the first paragraph of this Guaranty. Guarantor hereby waives any and all defenses to enforcement of this guaranty, now existing or hereafter arising, which may be available to guarantors, sureties and other secondary p
LIMITED RECOURSE PROMISSORY NOTE -------------------------------- $212,500,000.00 January 3, 1997 Ogden, Utah 1. FOR VALUE RECEIVED, VALHI, INC., a Delaware corporation (`Borrower''), promises to pay to Snake River Sugar Company, an Oregon cooperative...Limited Recourse Promissory Note • March 21st, 1997 • Valhi Inc /De/ • Sugar & confectionery products
SUBORDINATED PROMISSORY NOTE ---------------------------- $37,500,000.00 January, 3, 1997 Ogden, Utah 1. FOR VALUE RECEIVED, VALHI, INC., a Delaware corporation (`Borrower''), promises to pay to Snake River Sugar Company, an Oregon cooperative...Subordinated Promissory Note • March 21st, 1997 • Valhi Inc /De/ • Sugar & confectionery products
FORM OF VALHI, INC. GUARANTY ---------------------------- Valhi, Inc., a Delaware corporation ("Guarantor"), in order to induce Willamette Industries, Inc. (`Willamette'') to subscribe for shares of Medford International Holdings pursuant to a Share...Guaranty • March 21st, 1997 • Valhi Inc /De/ • Sugar & confectionery products
Valhi, Inc., a Delaware corporation ("Guarantor"), in order to induce Willamette Industries, Inc. (`Willamette'') to subscribe for shares of Medford International Holdings pursuant to a Share Subscription and Redemption Agreement dated as of November , 1996 (the `Agreement'') by and among Willammette and --- Medite Corporation, a Delaware corporation and an indirect subsidiary of Guarantor (`Medite''), hereby unconditionally and irrevocably guarantees to Willamette the full and timely performance by Medite of all of the obligations set forth in Section 8 of the Agreement on Medite's part to be performed, provided however, that Guarantor shall have no obligation to perform any of Medite's obligations unless and until (i) Medite shall have defaulted in the performance of such obligations and such default is continuing without cure on the part of Medite; and (ii) Willamette shall have given Guarantor five (5) day's notice of such default on the part of Medite.
FORM OF VALHI, INC. GUARANTY ----------------------------Guaranty • March 21st, 1997 • Valhi Inc /De/ • Sugar & confectionery products • Delaware
Guarantor hereby expressly waives (1) notice of acceptance of this guaranty and (2) any other notice given to Seller in accordance with the provisions of the Agreement on any default under the Agreement or otherwise, except as provided in the first paragraph of this Guaranty. Guarantor hereby authorizes Buyer to forbear with respect to, amend, modify, enlarge, extend, compromise and discharge any or all of the obligations of Seller under the Agreement without notice to or consent by Guarantor. Guarantor acknowledges and agrees that its liability under this guaranty is joint and several with Seller and, upon any continuing default by Seller, Buyer shall not be obligated to first attempt enforcement against Seller but shall only be obligated to give the notice provided in the first paragraph of this Guaranty. Guarantor hereby waives any and all defenses to enforcement of this guaranty, now existing or hereafter arising, which may be available to guarantors, sureties and other secondary p
COMPANY AGREEMENT OF THE AMALGAMATED SUGAR COMPANY LLC, A DELAWARE LIMITED LIABILITY COMPANY MEMBER MANAGED TABLE OF CONTENTS ARTICLE IFORMATION........................................................2 1.1...Company Agreement • March 21st, 1997 • Valhi Inc /De/ • Sugar & confectionery products
