SECOND RESTATED SECURED REVOLVING NOTESecured Revolving Note • September 26th, 2006 • Jaclyn Inc • Leather & leather products
This is the “Revolving Note” referred to in the Loan Agreement and is entitled to the benefit of all of the terms and conditions and the security of all of the security interests and liens granted by Borrower or any other person to Lender pursuant to the Loan Agreement or any other Loan Document. Upon the occurrence and during the continuance of any Event of Default, the entire unpaid principal amount owed Lender hereunder shall, at the option of Lender, become immediately due and payable without further notice or demand, all as provided in the Loan Agreement.
THIRD AMENDMENT TO REVOLVING LOAN AGREEMENT, PROMISSORY NOTE AND OTHER LOAN DOCUMENTSRevolving Loan Agreement • September 26th, 2006 • Jaclyn Inc • Leather & leather products
AGREEMENT, made this 22nd day of September 2006 (this “Agreement”) between JACLYN, INC. (“Borrower”), a corporation organized and existing pursuant to the laws of the State of Delaware, having an address at 635 59th Street, West New York, New Jersey 07093 (hereinafter referred to as, “Borrower”) and TD BANKNORTH, N.A., successor by merger to HUDSON UNITED BANK (hereinafter referred to as, “Lender”) located at 1000 MacArthur Boulevard, Mahwah, New Jersey 07430.
