ContractTerm Revolving Credit Agreement • May 27th, 2016 • Calavo Growers Inc • Agricultural services
Committed. Experienced. Trusted, Agribusiness Office P. O. Box 1449 Templeton, California 93465 805-434-3665 FAX: 805-434-3667 www.FarmCreditWest.com May 20,2016 Calavo Growers, Inc. P.O. Box 751 Santa Paula, CA 93061-0751 Subject—Modification of Loan Terms and Extension of Maturity Date This letter amendment (“Letter Amendment”) serves as an amendment of certain terms under the Term Revolving Credit Agreement dated May 31, 2011 (together with any amendments thereto, the “Revolving Credit Agreement”), between Farm Credit West, PCA (“FCW”) and Calavo Growers, Inc. (the “Company”), and shall constitute the sixth amendment to the Revolving Credit Agreement. This Letter Amendment shall also serve as the third amendment to that certain Promissory Note dated May 31, 2011 in the face amount of $40,000,000.00 executed by the Company as maker, in favor of FCW (the “Revolving Credit Note”). All capitalized terms not otherwise defined in this Letter Amendment shall have the meanings assigned to t
ContractBusiness Loan Agreement • May 27th, 2016 • Calavo Growers Inc • Agricultural services
Bank of America AMENDMENT NO. 9 TO BUSINESS LOAN AGREEMENT This AMENDMENT NO. 9 TO BUSINESS LOAN AGREEMENT, dated as of May ^§3, 2016 (this “Amendment”), is between Bank of America, N.A. (the “Bank”) and Calavo Growers, Inc., a California corporation (the “Borrower”). RECITALS A. The Bank and the Borrower entered into a certain Business Loan Agreement, dated as of October 15, 2007 (together with that certain (i) First Amendment Agreement, dated as of August 28, 2008, between the Borrower and the Bank, (ii) Amendment No. 2 to Loan Agreement, dated as of July 31, 2009, between the Borrower and the Bank,(iii) Amendment No. 3 to Loan Agreement, dated as of February 9, 2010, between the Borrower and the Bank, (iv) Amendment No. 4 to Loan Agreement, dated as of September 30, 2011, between the Borrower and the Bank, (v) Borrower and the Bank,(vi) Amendment No. 6 to Loan Agreement, dated as of November 19, 2014, between the Borrower and the Bank, (vii) Amendment No. 7 to Loan Agreement, dated
