THIRD SUBSTITUTE REVOLVING CREDIT NOTERevolving Credit Note • November 14th, 2002 • Baltek Corp • Millwood, veneer, plywood, & structural wood members
FOR VALUE RECEIVED, the undersigned, BALTEK CORPORATION, a Delaware corporation and CRUSTACEA CORPORATION, a Delaware corporation (each of Baltek Corporation and Crustacea Corporation a "Borrower" and collectively the "Borrowers"), hereby jointly and severally unconditionally promise to pay on or before December 31, 2003 (the "Maturity Date"), to the order of FLEET NATIONAL BANK, a national banking association, as successor-by-merger to Summit Bank (the "Bank"), at the office of the Bank located at 208 Harristown Road, Glen Rock, New Jersey, or at such other location as the Bank shall designate, in lawful money of the United States of America and in immediately available funds, the principal amount of (i) $12,500,000.00 or (ii) so much thereof (or any greater amount, if any) as shall have been advanced (the "Advances") by the Bank to the Borrower pursuant to that certain Revolving Loan and Security Agreement dated December 21, 1999, as amended by a First Amendment to Revolving Loan and
FIFTH AMENDMENT TO REVOLVING LOAN AND SECURITY AGREEMENT AND THE OTHER LOAN DOCUMENTS ---------------------------- THIS FIFTH AMENDMENT TO REVOLVING LOAN AND SECURITY AGREEMENT AND THE OTHER LOAN DOCUMENTS (this "Agreement") is dated September 30,...Revolving Loan and Security Agreement • November 14th, 2002 • Baltek Corp • Millwood, veneer, plywood, & structural wood members • New Jersey
TERM NOTETerm Note • November 14th, 2002 • Baltek Corp • Millwood, veneer, plywood, & structural wood members
FOR VALUE RECEIVED, the undersigned, BALTEK CORPORATION, a Delaware corporation, and CRUSTACEA CORPORATION, a Delaware corporation (each of Baltek Corporation and Crustacea Corporation a "Borrower" and collectively the "Borrowers"), hereby jointly and severally unconditionally promise to pay on or before September 29, 2007 (the "Term Loan Maturity Date"), to the order of FLEET NATIONAL BANK, a national banking association, as successor-by-merger to Summit Bank (the "Bank"), at the office of the Bank located at 208 Harristown Road, Glen Rock, New Jersey, or at such other location as the Bank shall designate, in lawful money of the United States of America and in immediately available funds, the principal amount of $1,000,000.00 pursuant to the terms, conditions, and provisions of this Term Note and that certain Revolving Loan and Security Agreement dated December 21, 1999, as amended by a First Amendment to Revolving Loan and Security Agreement dated as of September 30, 2000, a Second A
