Loan AgreementLoan Agreement • September 16th, 2005 • Tasty Baking Co • Bakery products • Pennsylvania
This Loan Agreement (the “Agreement”) is entered into as of September 13, 2005, among Tasty Baking Company, Tastykake Investment Company, TBC Financial Services, Inc. and Tasty Baking Oxford, Inc. (each a “Borrower” and, collectively, the “Borrowers”), with an address 2801 Hunting Park Avenue, Philadelphia, PA 19129-1306 and Citizens Bank of Pennsylvania, a Pennsylvania state chartered bank (“Bank”) with an address at 2001 Market Street, Suite 600, Philadelphia, PA 19103.
AMENDED AND RESTATED CREDIT AGREEMENTCredit Agreement • September 16th, 2005 • Tasty Baking Co • Bakery products • Pennsylvania
FOR VALUE RECEIVED, TASTY BAKING COMPANY, and its direct and indirect subsidiaries party hereto listed on the signature page hereof (collectively, the “Borrowers”), hereby unconditionally, jointly and severally, promise to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Bank”) at the office of PNC BANK, NATIONAL ASSOCIATION (the “Agent”) located at 500 First Avenue, Pittsburgh, PA 15219, on the Revolver Termination Date in immediately available funds NINETEEN MILLION SIX HUNDRED EIGHTY-SEVEN THOUSAND FIVE HUNDRED DOLLARS ($19,687,500), or such lesser amount as may be advanced for the benefit of the Borrowers hereunder prior to the Revolver Termination Date. In addition, the Borrowers shall make principal payments on this Note, to the extent required under the Credit Agreement (as defined below), on the dates specified in the Credit Agreement and in the amounts determined in accordance with the provisions thereof. The Borrowers further agree to pay interest accrued on the unpai
