EIGHTH AMENDMENT TO FORBEARANCE AGREEMENTForbearance Agreement • November 10th, 2009 • Ronson Corp • Miscellaneous chemical products • New York
This Eighth Amendment to Forbearance Agreement (the “Amendment”) is entered into as of this 5th day of November, 2009 by and among Ronson Corporation, a New Jersey corporation (“Parent”), Ronson Consumer Products Corporation, a New Jersey corporation (“RCPC”), Ronson Aviation, Inc., a New Jersey corporation (“RAI”) and Ronson Corporation of Canada Ltd., an Ontario corporation (“Ronson Canada”) (RCPC and RAI are collectively and individually referred to as the “Domestic Borrower” or “Domestic Borrowers”; the Domestic Borrower and Ronson Canada are collectively and individually referred to as the “Borrower” or “Borrowers”, and the Borrowers, together with Parent are collectively and individually referred to as the “Obligors”) and Wells Fargo Bank, National Association (“Lender”), acting through its Wells Fargo Business Credit operating division.
