CREDIT AGREEMENT by and between ALICO, INC., ALICO-AGRI, LTD., ALICO PLANT WORLD, L.L.C., ALICO FRUIT COMPANY, LLC, ALICO LAND DEVELOPMENT INC., and ALICO CITRUS NURSERY, LLC, as Borrowers and RABO AGRIFINANCE, INC., as Lender Dated as of December 1, 2014Credit Agreement • December 5th, 2014 • Alico Inc • Agricultural production-crops • Florida
This CREDIT AGREEMENT (this “Agreement”) dated as of December 1, 2014, is by and between ALICO, INC., a Florida corporation (“Alico”); ALICO-AGRI, LTD., a Florida limited partnership (“Alico-Agri”); ALICO PLANT WORLD, L.L.C., a Florida limited liability company (“Plant World”); ALICO FRUIT COMPANY, LLC, a Florida limited liability company (“Fruit Company”); ALICO LAND DEVELOPMENT INC., a Florida corporation (“Land Development”); ALICO CITRUS NURSERY, LLC, a Florida limited liability company (“Citrus Nursery”, and together with Alico, Alico-Agri, Plant World, Fruit Company and Land Development, each a “Borrower” and collectively the “Borrowers”), and RABO AGRIFINANCE, INC., a Delaware corporation (“Lender”).
FIRST AMENDED AND RESTATED CREDIT AGREEMENT Dated as of December 1, 2014 LOANS TO ALICO, INC., a Florida corporation and its wholly-owned subsidiaries ALICO LAND DEVELOPMENT, INC., a Florida corporation ALICO-AGRI, LTD., a Florida limited partnership...Credit Agreement • December 5th, 2014 • Alico Inc • Agricultural production-crops • Florida
THIS FIRST AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) is made as of December 1, 2014, by and among ALICO, INC., a Florida corporation (“Alico”), ALICO LAND DEVELOPMENT, INC., a Florida corporation (“ALDI”), ALICO-AGRI, LTD., a Florida limited partnership (“Alico-Agri”), ALICO PLANT WORLD, L.L.C., a Florida limited liability company (“Plant World”) and ALICO FRUIT COMPANY, LLC, a Florida limited liability company (“Alico Fruit” and collectively with Alico, ALDI, Alico-Agri, and Plant World, “Borrower”) and in favor of METROPOLITAN LIFE INSURANCE COMPANY, a New York corporation (“Servicer” or “MetLife”), as lender (“Lender”) and as servicer, pursuant to that certain Co-Lending Agreement of even date herewith between MetLife and New England Life Insurance Company, a Massachusetts corporation (“NEL”), as co-lender (and together with MetLife, “Co-Lenders”). ALICO CITRUS NURSERY, LLC, a Florida limited liability company (“Citrus Nursery”) hereby joins in this Agreement as a Gua
