FIFTH AMENDMENT TO CREDIT AND SECURITY AGREEMENTCredit and Security Agreement • April 25th, 2006 • Cost U Less Inc • Retail-variety stores
This Amendment, dated as of April 17 th, 2006, is made by and among COST-U-LESS, INC., a Washington corporation (“CUL” or a “Borrower”), CULGUAM, INC., a Guam corporation (“GUAM” or a “Borrower”), CULNEV, INC., a Nevada corporation (“NEV” or a “Borrower”), CULUSVI, INC., a U.S. Virgin Islands corporation (“USVI” or a “Borrower”, and together with CUL, GUAM and NEV, the “Borrowers”), and WELLS FARGO BANK, N.A. (the “Lender”), acting through its Wells Fargo Business Credit operating division.
Cost-U-Less Reports Land Lease AgreementLand Lease Agreement • April 25th, 2006 • Cost U Less Inc • Retail-variety stores
Cost-U-Less, Inc. (the “Company”) (Nasdaq: CULS) announced today that Cayman Cost-U-Less, a Cayman Islands company majority owned and controlled by a wholly-owned Cayman Islands subsidiary of Cost-U-Less, Inc., entered into a long-term lease with the developer of Governor’s Square in Grand Cayman, Governor’s Square Limited, to lease land on which to construct and operate a store under the Cost-U-Less name.
