CREDIT AGREEMENTCredit Agreement • May 12th, 2008 • MGP Ingredients Inc • Grain mill products • Missouri
This Credit Agreement is made as of May 5, 2008, by and among MGP Ingredients, Inc., a Kansas corporation (“MGP”), MGP Ingredients of Illinois, Inc., an Illinois corporation (“MGPI”), Midwest Grain Pipeline, Inc., a Kansas corporation (“Midwest Grain”), Commerce Bank, N.A., a national banking association, in its capacity as a Bank hereunder (in such capacity, “Commerce”), in its capacity as agent for the Banks hereunder (in such capacity, the “Agent”), in its capacity as the issuer of Letters of Credit hereunder (in such capacity, the “Issuing Bank”), and in its capacity as the lender for Swingline Loans (in such capacity, the “Swingline Lender”), and the lenders from time to time party hereto (individually a “Bank” and collectively, the “Banks”). MGP, MGPI and Midwest Grain are each referred to herein as a “Borrower” and are collectively referred to herein as the “Borrowers”.
SECURITY AGREEMENTSecurity Agreement • May 12th, 2008 • MGP Ingredients Inc • Grain mill products • Missouri
This Security Agreement (the “Agreement”) is made as of May 5, 2008, among MGP Ingredients, Inc., a Kansas corporation (“MGP”), MGP Ingredients of Illinois, Inc., an Illinois corporation (“MGPI”), and Midwest Grain Pipeline, Inc., a Kansas corporation (“Midwest Grain”) (each a “Borrower” and, collectively, the “Borrowers”), and COMMERCE BANK, N.A., a national banking association, in its capacity as Agent under the Credit Agreement referred to below (in such capacity, the “Agent”).
