LOAN AND SECURITY AGREEMENT by and among AMERICAN BILTRITE INC. IDEAL TAPE CO., INC. K&M ASSOCIATES L.P., as US Borrowers and AMERICAN BILTRITE (CANADA) LTD., as Canadian Borrower and OCEAN STATE JEWELRY, INC. MAJESTIC JEWELRY, INC. AMERICAN BILTRITE...Loan and Security Agreement • July 7th, 2009 • American Biltrite Inc • Plastics products, nec • New York
This Loan and Security Agreement, dated as of June 30, 2009 (this “Agreement”), is entered into by and among American Biltrite Inc., a Delaware corporation (“Parent”), Ideal Tape Co., Inc., a Delaware corporation (“Ideal Tape”), K&M Associates L.P., a Rhode Island limited partnership (“K&M”; together with Parent and Ideal Tape, each individually a “US Borrower” and collectively, “US Borrowers” as hereinafter further defined), American Biltrite (Canada) Ltd., a Canadian corporation (“Canadian Borrower”; together with US Borrowers, each individually a “Borrower” and collectively, “Borrowers” as hereinafter further defined), 425 Dexter Associates, L.P., a Rhode Island limited partnership (“Dexter”), Ocean State Jewelry, Inc., a Rhode Island corporation (“Ocean State”), Majestic Jewelry, Inc., a Delaware corporation (“Majestic”), American Biltrite Far East, Inc., a Delaware corporation (“Far East”; together with Dexter, Ocean State and Majestic, each individually a “US Guarantor” and colle
DATED June 30th 2009 DEBT PURCHASE AGREEMENTDebt Purchase Agreement • July 7th, 2009 • American Biltrite Inc • Plastics products, nec • Brussels
The Clause headings used in this Agreement are for guidance only and are not intended to affect its interpretation. A list of general definitions can be found in Clause 24 of this Agreeement.
RECEIVABLES FINANCE AGREEMENTReceivables Finance Agreement • July 7th, 2009 • American Biltrite Inc • Plastics products, nec
The Clause headings used in this Agreement are for guidance only and are not intended to affect its interpretation. These general conditions must be read in conjunction with any agreement of which they are expressed to form part. A list of general definitions can be found in Clause 25 of this Agreement.
INTERCREDITOR AND LIEN SUBORDINATION AGREEMENTIntercreditor and Lien Subordination Agreement • July 7th, 2009 • American Biltrite Inc • Plastics products, nec • New York
THIS INTERCREDITOR AND LIEN SUBORDINATION AGREEMENT, dated as of June 30, 2009 (this “Agreement”), is by and among WACHOVIA BANK, NATIONAL ASSOCIATION, in its capacity as agent (in such capacity, “Agent” as hereinafter defined) pursuant to the Credit Agreement (as hereinafter defined) acting for and on behalf of the Credit Agreement Creditors (as hereinafter defined), FAUNUS GROUP INTERNATIONAL, INC., a Delaware corporation (“FGI”), AMERICAN BILTRITE INC., a Delaware corporation (“Parent”), and AMERICAN BILTRITE FAR EAST, INC., a Delaware corporation (“Far East”; together with Parent, individually a “Debtor” and collectively, “Debtors”).
