SECURITY AGREEMENTSecurity Agreement • October 19th, 2004 • West Marine Inc • Retail-auto dealers & gasoline stations • California
THIS SECURITY AGREEMENT, dated as of October 14, 2004, is entered into by and among WEST MARINE PRODUCTS, INC., a California corporation (the “Company”), each other signatory to this Security Agreement (other than the Administrative Agent), each of the other entities which becomes a party hereto pursuant to Section 10.15 hereof (each of the foregoing, including the Company, a “Grantor” and collectively, the “Grantors”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent (in such capacity, the “Administrative Agent”) for the financial institutions which are from time to time parties to the Credit Agreement referred to in Recital A below (collectively, the “Lenders”).
CREDIT AGREEMENT Dated as of October 14, 2004 among WEST MARINE PRODUCTS, INC., as Borrower, THE LENDERS NAMED HEREIN, WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent and Arranger and UNION BANK OF CALIFORNIA, N.A., as Syndication...Credit Agreement • October 19th, 2004 • West Marine Inc • Retail-auto dealers & gasoline stations • California
This CREDIT AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”) is entered into by and among WEST MARINE PRODUCTS, INC., a California corporation (“Borrower”), each lender whose name is set forth on the signature pages of this Agreement and each lender that may hereafter become a party to this Agreement pursuant to Section 11.8 or that otherwise becomes a party to this Agreement pursuant to Section 2.6(c) (each a “Lender” and collectively, “Lenders”), WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent and Arranger, UNION BANK OF CALIFORNIA, N.A., as Syndication Agent, and BANK OF AMERICA, N.A., as Documentation Agent.
SECURITY AGREEMENT (INTELLECTUAL PROPERTY)Security Agreement • October 19th, 2004 • West Marine Inc • Retail-auto dealers & gasoline stations • California
THIS SECURITY AGREEMENT (INTELLECTUAL PROPERTY), dated as of October 14, 2004, is entered into by and among WEST MARINE PRODUCTS, INC., a California corporation (the “Company”), each of the other Persons signatory to this Agreement (other than Administrative Agent), each of the other entities which becomes a party hereto pursuant to Section 9 hereof (each of the foregoing, including the Company, a “Grantor” and collectively, the “Grantors”) and WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent (in such capacity, the “Administrative Agent”) for the financial institutions which are from time to time parties to the Credit Agreement referred to in Recital A below (collectively, the “Lenders”).
SECURITY AGREEMENTSecurity Agreement • October 19th, 2004 • West Marine Inc • Retail-auto dealers & gasoline stations • British Columbia
THIS GENERAL SECURITY AGREEMENT, dated as of October 14, 2004, is granted by WEST MARINE CANADA CORP. (the “Debtor”), a Nova Scotia unlimited liability company, having a chief executive office at Suite 900 – 1959 Upper Water Street, Halifax, Nova Scotia, Canada, B3J 2X2 in favour of WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association in the United States, having an office at 65 West Alisol Street, 2nd Floor, Salinas, California, U.S.A., 93901, as administrative agent (in such capacity, the “Secured Party”) for the benefit of the Secured Party and the financial institutions which are from time to time parties to the Credit Agreement referred to in Recital A below (collectively, the “Lenders” and individually a “Lender”).
