SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT AMONG PREMIUM STANDARD FARMS, INC. LUNDY INTERNATIONAL, INC. and LPC TRANSPORT, INC. AND AND THE LENDERS FROM TIME TO TIME PARTIES HERETO DATED AS OF JUNE 24, 2005Loan and Security Agreement • June 29th, 2005 • Premium Standard Farms, Inc. • Meat packing plants • Colorado
THIS SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (as amended, modified, supplemented, renewed or restated from time to time, the “Agreement”) is made as of June 24, 2005, by and among PREMIUM STANDARD FARMS, INC., a Delaware corporation (“Premium”), LUNDY INTERNATIONAL, INC., a North Carolina corporation and a wholly owned subsidiary of Premium (“Lundy International”), and LPC TRANSPORT, INC., a Delaware corporation and a wholly-owned subsidiary of Premium (“LPC”, and collectively with Premium and Lundy International, “Borrower”, or if the context so requires, any of them), the financial institutions listed on the signature pages hereof and each other financial institution that may hereafter become a party hereto in accordance with the provisions hereof (collectively the “Lenders” and individually a “Lender”) and U.S. BANK NATIONAL ASSOCIATION, a national banking association (“U.S. Bank”), in its capacity as Agent for the Lenders and for the Issuer (in such capacity, the “A
