WEBSTER BANK, N.A. REVOLVING LINE OF CREDIT LOAN AGREEMENTRevolving Line of Credit Loan Agreement • July 11th, 2013 • Griffin Land & Nurseries Inc • Real estate • Connecticut
THIS REVOLVING LINE OF CREDIT LOAN AGREEMENT (this “Agreement”), made as of the above date, by and between GRIFFIN LAND & NURSERIES, INC., a Delaware corporation, having an address at One Rockefeller Plaza, Suite 2301, New York, New York 10020 (“Borrower”), and WEBSTER BANK, N .A., a national banking association, with an address at CityPlace II — 185 Asylum Street, Hartford, Connecticut 06103 (the “Bank”).
REVOLVING LINE OF CREDIT NOTERevolving Line of Credit Note • July 11th, 2013 • Griffin Land & Nurseries Inc • Real estate
This Note is intended to be the “Note” referred to in, and evidences the Advances under, and has been issued by Maker in accordance with the terms of the Loan Agreement of even date herewith. Payments on this Note may be evidenced in accordance with the terms of the Loan Agreement. Holder shall be entitled to the benefits of the Loan Agreement and the other Financing Agreements and may enforce the agreements of Maker contained therein, and Holder may exercise the respective remedies provided for thereby or otherwise available in respect thereof, all in accordance with the terms thereof. Holder shall have the right (but not the obligation), in its sole discretion following the occurrence of an Event of Default, to charge any amounts due hereunder to any account maintained by Maker with Holder.
SECOND AMENDMENT TO MORTGAGE DEED AND SECURITY AGREEMENT AND OTHER LOAN DOCUMENTSMortgage Deed and Security Agreement • July 11th, 2013 • Griffin Land & Nurseries Inc • Real estate
THIS SECOND AMENDMENT TO MORTGAGE DEED AND SECURITY AGREEMENT AND OTHER LOAN DOCUMENTS (this “Amendment”) dated March 20, 2013, but effective as of the 1st day of April, 2013, by and between RIVERBEND CROSSINGS III HOLDINGS LLC, a Pennsylvania limited liability company (“Grantor”) and FIRST NIAGARA BANK, N.A., a national banking association, successor by merger to NewAlliance Bank (“Grantee”).
AMENDED AND RESTATED TERM NOTE (LIBOR SWAP TRANSACTION)Term Note • July 11th, 2013 • Griffin Land & Nurseries Inc • Real estate • Connecticut
This Note amends and restates, and is executed and delivered in substitution and replacement of, but not in payment of, a Promissory Note of Borrower to NewAlliance Bank dated January 27, 2010 in the original principal amount of $4,300,000.00, as modified by First Modification of Promissory Note, Mortgage Deed and Security Agreement, and Other Loan Documents between Borrower and NewAlliance Bank dated as of October 27, 2010 (as further amended, supplemented, replaced, renewed or otherwise modified, “Prior Note”). This Note does not cancel or satisfy Borrower’s payment obligations under the Prior Note and is not a novation. All collateral, if any, for the Prior Note shall continue to secure payment of this Note.
