Dated as of September 4, 2012Continuing Security Agreement • September 6th, 2012 • Cherokee Inc • Women's, misses', and juniors outerwear
Grant of Security Interest. CHEROKEE INC. (whether one or more, the “Borrower”, individually and collectively if more than one) grants to JPMorgan Chase Bank, N.A., whose address is 300 S. Grand Ave., Los Angeles, CA 90071-3109 (together with its successors and assigns, the “Bank”) a continuing security interest in, pledges and assigns to the Bank all of the Collateral (as hereinafter defined) owned by the Borrower, all of the collateral in which the Borrower has rights or power to transfer rights and all Collateral in which the Borrower later acquires ownership, other rights or rights or power to transfer rights to secure the payment and performance of the Liabilities.
TRADEMARK SECURITY AGREEMENT, dated as of September 4, 2012, among CHEROKEE INC. (the “Borrower”) and JPMORGAN CHASE BANK, N.A. (the “Bank”).Trademark Security Agreement • September 6th, 2012 • Cherokee Inc • Women's, misses', and juniors outerwear
This Agreement is being entered into in connection with the Continuing Security Agreement dated as of even date hereof (the “Security Agreement”) between the Borrower and the Bank, and the related Credit Agreement dated as of even date herewith between the Borrower and the Bank.
ASSET PURCHASE AGREEMENT by and among CHEROKEE INC. and DATED AS OF SEPTEMBER 4, 2012Asset Purchase Agreement • September 6th, 2012 • Cherokee Inc • Women's, misses', and juniors outerwear • New York
THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of September 4, 2012 (the “Effective Date”), is entered into by and between LLM Management Co., LLC, a Delaware limited liability company (“Seller”), and Cherokee Inc., a Delaware corporation (“Buyer”).
ContractCredit Agreement • September 6th, 2012 • Cherokee Inc • Women's, misses', and juniors outerwear • California
This agreement dated as of September 4 2012 is between JPMorgan Chase Bank, N.A. (together with its successors and assigns, the “Bank”), whose address is 300 S. Grand Ave., Los Angeles, CA 90071-3109, and CHEROKEE INC, (individually, the “Borrower” and if more than one, collectively, the “Borrowers”), whose address is 5990 Sepulveda Boulevard, Suite 600, Sherman Oaks, CA 91411.
Dated as of September 4, 2012Continuing Guaranty • September 6th, 2012 • Cherokee Inc • Women's, misses', and juniors outerwear • California
Guaranty. To induce JPMorgan Chase Bank, N.A., whose address is 300 S. Grand Ave., Los Angeles, CA 90071-3109 (together with its successors and assigns, the “Bank”), at its option, to make financial accommodations, make or acquire loans, extend or continue credit or some other benefit, including letters of credit, present or future, direct or indirect, and whether several, joint or joint and several, to CHEROKEE INC. (whether one or more, the “Borrower”, individually and collectively, if more than one), and because the undersigned (the “Guarantor”) has determined that executing this Guaranty is in its interest and to its financial benefit, the Guarantor absolutely and unconditionally guarantees to the Bank, as primary obligor and not merely as surety, the performance of and full and prompt payment of the Liabilities (as defined below) when due, whether at stated maturity, by acceleration or otherwise. The Guarantor will not only pay the Liabilities to the Bank, but will also reimburse
