TERM NOTETerm Note • November 20th, 2006 • Professional Veterinary Products LTD /Ne/ • Wholesale-durable goods, nec
FOR VALUE RECEIVED, Professional Veterinary Products, Ltd., a Nebraska corporation (“PVPL”), ProConn, LLC, a Nebraska limited liability company (“ProConn”), Exact Logistics, LLC, a Nebraska limited liability company (“Exact”, together with PVPL and ProConn, collectively and individually herein referred to as “Borrower”), promise to pay, on or before December 1, 2016, to the order of First National Bank of Omaha, a national banking association (“Bank”), at the Bank’s office at 1620 Dodge Street, Omaha, Nebraska 68197, or at such other address as the holder hereof may from time to time designate in writing, the principal sum of FOUR MILLION SIX HUNDRED SIXTY-SIX THOUSAND AND NO/100 DOLLARS ($4,666,000), together with interest from the date the proceeds of the Advance evidenced by this Term Note (this “Note”) issued under the Loan Agreement by and among Borrower and Bank of even date herewith (the “Loan Agreement”) are initially disbursed until maturity on the principal balance from time
DEED OF TRUST, SECURITY AGREEMENT, ASSIGNMENT OF LEASES AND RENTS AND FIXTURE FILINGDeed of Trust, Security Agreement, Assignment of Leases and Rents and Fixture Filing • November 20th, 2006 • Professional Veterinary Products LTD /Ne/ • Wholesale-durable goods, nec • Nebraska
THIS DEED OF TRUST (the “Instrument”) is made this November 14, 2006, by Professional Veterinary Products, Ltd., a Nebraska corporation, whose address is 10077 South 134th Street, Omaha, Nebraska 68138 (“Borrower”), in favor of First National Bank of Omaha, a national banking association, whose address is 1620 Dodge Street, Omaha, Nebraska, 68197 (“Trustee”), for the benefit of First National Bank of Omaha, a national banking association, whose address is 1620 Dodge Street, Omaha, Nebraska, 68197 (“Bank”).
FORM OF SECURITY AGREEMENT]Security Agreement • November 20th, 2006 • Professional Veterinary Products LTD /Ne/ • Wholesale-durable goods, nec • Nebraska
This Security Agreement is entered into with respect to certain Loans to be made by Secured Party to Debtor pursuant to the Loan Agreement by and among Debtor, ProConn, LLC, Exact Logistics, LLC and Secured Party of even date herewith (the “Loan Agreement”). All capitalized terms used in this Security Agreement, except terms otherwise defined herein, shall have the same meaning as such terms have in the Loan Agreement.
REVOLVING NOTERevolving Note • November 20th, 2006 • Professional Veterinary Products LTD /Ne/ • Wholesale-durable goods, nec
FOR VALUE RECEIVED, Professional Veterinary Products, Ltd., a Nebraska corporation (“PVPL”), ProConn, LLC, a Nebraska limited liability company (“ProConn”), Exact Logistics, LLC, a Nebraska limited liability company (“Exact”, together with PVPL and ProConn, collectively and individually herein referred to as “Borrower”), promise to pay, on or before December 1, 2009, to the order of First National Bank of Omaha, a national banking association (“Bank”), at the Bank’s office at 1620 Dodge Street, Omaha, Nebraska 68197, or at such other address as the holder hereof may from time to time designate in writing, the principal sum of FORTY MILLION AND NO/100 DOLLARS ($40,000,000) or, if less, the aggregate unpaid principal amount of all Advances evidenced by this Revolving Note (this “Note”) issued under the Loan Agreement by and among Borrower and Bank of even date herewith (the “Loan Agreement”), together with interest from the date the proceeds of the Advances are initially disbursed until
LOAN AGREEMENTLoan Agreement • November 20th, 2006 • Professional Veterinary Products LTD /Ne/ • Wholesale-durable goods, nec • Nebraska
THIS LOAN AGREEMENT (the “Agreement”) is made this 14th day of November, 2006, by and among Professional Veterinary Products, Ltd., a Nebraska corporation (“PVPL”), ProConn, LLC, a Nebraska limited liability company (“ProConn”), Exact Logistics, LLC, a Nebraska limited liability company (“Exact”, together with PVPL and ProConn, collectively and individually herein referred to as “Borrower”) and First National Bank of Omaha, a national banking association (“Lender”).
ASSIGNMENT OF RENTS AND LEASESAssignment of Rents and Leases • November 20th, 2006 • Professional Veterinary Products LTD /Ne/ • Wholesale-durable goods, nec
THIS ASSIGNMENT OF RENTS AND LEASES (the “Assignment”) is made this November 14, 2006, by Professional Veterinary Products, Ltd., a Nebraska corporation, whose address is 10077 South 134th Street, Omaha, Nebraska 68138 (hereinafter called “Assignor”), in favor of First National Bank of Omaha, a national banking association, whose address is 1620 Dodge Street, Omaha, Nebraska, 68197 (hereinafter called “Bank”).
