GUARANTYGuaranty • January 18th, 2005 • Smith & Wesson Holding Corp • Ordnance & accessories, (no vehicles/guided missiles) • Massachusetts
This GUARANTY, dated as of January 11, 2005, is given by Smith & Wesson Holding Corporation, a Nevada corporation, with a usual place of business at 2100 Roosevelt Avenue, Springfield, Massachusetts (the “Guarantor”) in favor of Banknorth, N.A., a national banking association, located at 1441 Main Street, Springfield, Massachusetts (the “Lender”), to induce Lender to give, in its discretion, time, credit or other banking facilities or accommodations to Smith & Wesson Corp. (the “Borrower”). In consideration of the foregoing, Guarantor agrees as follows:
LOAN AND SECURITY AGREEMENTLoan and Security Agreement • January 18th, 2005 • Smith & Wesson Holding Corp • Ordnance & accessories, (no vehicles/guided missiles) • Massachusetts
AGREEMENT made as of this 11th day of January, 2005, by and between Smith & Wesson Corp., a Delaware corporation having a chief executive principal place of business at 2100 Roosevelt Avenue, Springfield, Massachusetts, (hereinafter referred to as the “Borrower”), Smith & Wesson Holding Corporation, a Nevada corporation with a usual place of business at 2100 Roosevelt Avenue, Springfield, Massachusetts (the “Guarantor”) and Banknorth, N.A., a national banking association organized under the laws of the United States of America, having a usual place of business at 1441 Main Street, Springfield, Massachusetts (hereinafter referred to as the “Lender”).
MORTGAGE AND SECURITY AGREEMENTMortgage and Security Agreement • January 18th, 2005 • Smith & Wesson Holding Corp • Ordnance & accessories, (no vehicles/guided missiles)
This Mortgage and Security Agreement (collectively this “Mortgage”) is made and entered into as of this 11th day of January, 2005, by Smith & Wesson Corp., a Delaware corporation, having a principal place of business at 2100 Roosevelt Avenue, Springfield, Massachusetts (the “Mortgagor”), in favor of Banknorth, N.A., a national banking association having an office located at 1441 Main Street, Springfield, Massachusetts (“Mortgagee”).
EQUIPMENT LINE OF CREDIT NOTESmith & Wesson Holding Corp • January 18th, 2005 • Ordnance & accessories, (no vehicles/guided missiles)
FOR VALUE RECEIVED, the undersigned, Smith & Wesson Corp., a Delaware corporation having a principal place of business at 2100 Roosevelt Avenue, Springfield, Massachusetts (the “Borrower”), promises to pay to the order, of Banknorth, N.A., a national banking association (“Lender”), having a usual place of business at 1441 Main Street, Springfield, Massachusetts, , the principal sum of Five Million and 00/100 Dollars ($5,000,000.00) or the (then) current balance of Borrower’s Loan Account upon Equipment Loans made on or after the date hereof, as reflected on the books, records and ledgers of the Lender, as well as all other obligations of the Borrower which may at any time be due the Lender (if such balances or obligations are other than Five Million and 00/100 Dollars ($5,000,000.00), together with interest thereon prior to the Conversion Date at the rate hereinafter provided which shall be due and payable upon the outstanding principal balance, in accordance with a certain Loan and Se
MORTGAGE AND SECURITY AGREEMENTMortgage and Security Agreement • January 18th, 2005 • Smith & Wesson Holding Corp • Ordnance & accessories, (no vehicles/guided missiles)
KNOW ALL MEN BY THESE PRESENTS, that Smith & Wesson Corp., a Delaware corporation, having a principal place of business at 2100 Roosevelt Avenue, Springfield, Massachusetts (the “Grantor” or “Debtor”), in consideration of various promissory notes by Grantor in favor of Grantee of even date hereto in the amounts of Seventeen Million and 00/100 Dollars ($17,000,000.00), Twelve Million One Hundred Four Thousand and 00/100 Dollars ($12,104,000.00), Five Million Eight Hundred Ninety Six Thousand and 00/100 Dollars ($5,896,000.00) and Five Million and 00/100 Dollars ($5,000,000.00) (collectively the “Notes”) and other valuable consideration paid by Banknorth, N.A., a national banking association, with a place of business at 1441 Main Street, Springfield, Massachusetts (the “Grantee” or “Secured Party”), the receipt whereof is hereby acknowledged, does hereby give, grant, bargain, sell, and convey (to the extent comprising personal property) unto Grantee, and its successors and assigns foreve
REVOLVING LINE OF CREDIT NOTESmith & Wesson Holding Corp • January 18th, 2005 • Ordnance & accessories, (no vehicles/guided missiles)
AFTER DATE, FOR VALUE RECEIVED, Smith & Wesson Corp., a Delaware corporation, having a principal place of business at 2100 Roosevelt Avenue, Springfield, Massachusetts (the “Borrower”), promises to pay to the order, of Banknorth, N.A., a national banking association (“Lender”), having a usual place of business at 1441 Main Street, Springfield, Massachusetts, or order, the maximum principal sum of Seventeen Million and 00/100 Dollars ($17,000,000) or so much thereof as may be Advanced (each Advance shall be referred to as an “Advance” and all such Advances shall collectively be referred to as the “Advances”), pursuant to a Loan and Security Agreement of even date herewith (the “Loan Agreement”) and incorporated by reference herein and between Borrower, Guarantor and Lender. Capitalized terms not defined herein shall have the meanings given in the Loan Agreement. The principal outstanding shall be repaid, together with interest thereon in arrears, calculated daily and payable monthly, co
