AMENDED AND RESTATED LOAN AND SECURITY AGREEMENTLoan and Security Agreement • July 2nd, 2019 • Document Security Systems Inc • Paperboard containers & boxes • New York
This LOAN AND SECURITY AGREEMENT (this “Agreement”) is entered into at Rochester, New York, as of June 27, 2019, between Premier Packaging Corporation, a New York corporation, with its chief executive office located at 6 Framark Drive, Victor, New York 14564 (the “Borrower”) and Citizens Bank, N.A., a national banking association, with an address of 833 Broadway, Albany, New York 12207 (the “Bank”).
GUARANTYGuaranty • July 2nd, 2019 • Document Security Systems Inc • Paperboard containers & boxes
To induce the Bank to make or continue to make loans, advances, or grant other financial accommodations to the Borrower, in consideration thereof and for loans, advances or financial accommodations heretofore or hereafter granted by the Bank to or for the account of the Borrower, the undersigned Plastic Printing Professionals, Inc. (the “Guarantor”) absolutely and unconditionally guarantees the full and punctual payment to the Bank or each Bank Affiliate (this, and other capitalized terms used herein and not otherwise defined shall have the meaning given to such terms in the Loan and Security Agreement of even date herewith, by and between the Borrower and the Bank) of all sums which may be presently due and owing and of all sums which shall in the future become due and owing to the Bank or to a Bank Affiliate from the Borrower, whether direct or indirect, whether as a borrower, guarantor, surety or otherwise, including, without limitation, interest, reasonable attorneys’ fees and othe
COMMERCIAL MORTGAGE, SECURITY AGREEMENT AND ASSIGNMENT OF LEASES AND RENTS WITH CONSOLIDATION, MODIFICATION AND EXTENSION AGREEMENT between PREMIER PACKAGING CORPORATION andCommercial Mortgage, Security Agreement and Assignment of Leases and Rents • July 2nd, 2019 • Document Security Systems Inc • Paperboard containers & boxes • New York
This COMMERCIAL MORTGAGE, SECURITY AGREEMENT AND ASSIGNMENT OF LEASES AND RENTS WITH CONSOLIDATION, MODIFICATION AND EXTENSION AGREEMENT (as amended, restated or otherwise supplemented from time to time, this “Mortgage”) is entered into at Rochester, New York, as of June 27, 2019, between Premier Packaging Corporation, a New York corporation with an address of 6 Framark Drive, Victor, New York 14564 (the “Mortgagor”) and Citizens Bank, N.A., a national banking association, with an address of 833 Broadway, Albany, New York 12207 (the “Bank”). Bank is entering into this Mortgage for its own account and as agent on behalf of each Bank Affiliate (this, and all other capitalized terms used in this Mortgage and not otherwise defined, shall have the meaning given to such terms in that certain Loan Agreement of even date herewith by and between the Mortgagor and the Bank (as amended, restated or otherwise supplemented from time to time, the “Loan Agreement”) to the extent an Obligation is owed
CONSOLIDATED TERM NOTE (Fixed rate)Consolidated Term Note • July 2nd, 2019 • Document Security Systems Inc • Paperboard containers & boxes
This Note is the Term Note referred to in the Loan and Security Agreement of even date herewith by and between the Borrower and the Bank (as amended, restated or otherwise supplemented from time to time, the “Loan Agreement;” and capitalized terms used herein and not otherwise defined shall have the meaning giving to such terms in the Loan Agreement) and the obligations and liabilities hereunder of Borrower and each endorser hereof constitute Obligations that are secured by the Collateral as well as by any additional collateral hereafter granted to the Bank by the Borrower or any endorser or guarantor hereof or by any other party to secure the obligations arising hereunder.
