CONVERSION AGREEMENT This CONVERSION AGREEMENT is made and entered into as of this 26th day of January, 1998 by and between Bernard Chaus, Inc., a New York corporation (the "Company"), and Josephine Chaus, with an address at 128 East 73rd Street, New...Conversion Agreement • February 10th, 1998 • Chaus Josephine • Women's, misses', and juniors outerwear • New York
As of January 26, 1998 BNY Financial Corporation 1290 Avenue of the Americas New York, New York Attention: Andrew Rogow Gentlemen: Reference is made to (a) the Second Restated and Amended Financing Agreement dated as of October 10, 1997 (as the same...Cash Collateral Deposit Release Letter • February 10th, 1998 • Chaus Josephine • Women's, misses', and juniors outerwear
Reference is made to (a) the Second Restated and Amended Financing Agreement dated as of October 10, 1997 (as the same has been and may be further amended, modified, supplemented and restated from time to time, the "Financing Agreement") between BNY Financial Corporation ("Lender") and Bernard Chaus, Inc. ("Borrower"), (b) that certain $12,500,000 Promissory Note dated as of October 10, 1997 (as the same has been and may be further amended, modified, supplemented and restated from time to time, the "Note") executed by the undersigned in favor of Lender and (c) that certain Cash Collateral Deposit Letter from the undersigned to Lender dated as of October 10, 1997 (as the same has been and may be further amended, modified, supplemented and restated from time to time, the "Deposit Letter"). All capitalized terms used herein which are not defined shall have the meanings given to them in the Financing Agreement.
JOSEPHINE CHAUS C/O BERNARD CHAUS, INC. 1410 BROADWAY NEW YORK, NEW YORK 10018Subscription Agreement • February 10th, 1998 • Chaus Josephine • Women's, misses', and juniors outerwear
