Credit Agreement among Sanderson Farms, Inc. and Bank of Montreal, Individually and as Agent Regions Bank, AgFirst Farm Credit Bank, as Co-Documentation Agent U.S. Bank National Association, as Syndication Agent and The From Time to Time Banks Parties...Credit Agreement • May 2nd, 2008 • Sanderson Farms Inc • Poultry slaughtering and processing • Illinois
The undersigned, Sanderson Farms, Inc., a Mississippi corporation (the “Company”), applies to you for your several commitments, subject to all the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, to make a revolving credit (the “Revolving Credit”) and a swing line (the “Swing Line”) available to the Company, all as more fully hereinafter set forth. Bank of Montreal in its individual capacity is sometimes referred to herein as “BMO,” and in its capacity as Agent for the Banks (as hereinafter defined) is hereinafter in such capacity called the “Agent.”
Sanderson Farms, Inc. Guaranty AgreementSanderson Farms Inc • May 2nd, 2008 • Poultry slaughtering and processing • Illinois
Reference is made to that certain Credit Agreement dated as of May 1, 2008 (such Credit Agreement, as the same may be modified or amended from time to time, being hereinafter referred to as the “Credit Agreement”) by and among Sanderson Farms, Inc., a Mississippi corporation (the “Company”), and Bank of Montreal, individually and in its capacity as agent thereunder (“BMO”), and the lenders and letter of credit issuers from time to time parties thereto (all of said lenders being referred to collectively as the “Banks” and individually as a “Bank”, and such letter of credit issuers being referred to collectively as “L/C Issuers” and individually as an “L/C Issuer”; and said BMO as agent for the Banks and L/C Issuers under the Credit Agreement being hereinafter referred to in such capacity as the “Agent”; the Banks, the L/C Issuers and the Agent being referred to collectively as the “Guaranteed Creditors” and individually as a “Guaranteed Creditor”), pursuant to which said Banks agree to
