SECOND MODIFICATION TO LOAN AGREEMENTLoan Agreement • August 13th, 2020 • Eastside Distilling, Inc. • Beverages • New York
THIS SECOND MODIFICATION TO LOAN AGREEMENT (this “Modification Agreement”) is made effective as of the 3rd day of June, 2020 (“Modification Effective Date”), by, between and among LIVE OAK BANKING COMPANY, a North Carolina banking corporation (“Lender”), EASTSIDE DISTILLING INC., a Nevada corporation (“Eastside”), MOTHERLODE LLC, an Oregon limited liability company (“MotherLode”), BIG BOTTOM DISTILLING, LLC, an Oregon limited liability company (“Big Bottom”), CRAFT CANNING + BOTTLING, LLC, an Oregon limited liability company (“Craft”), REDNECK RIVERA WHISKEY CO., LLC, a Tennessee limited liability company (“Redneck”), and OUTLANDISH BEVERAGES LLC, an Oregon limited liability company (“Outlandish”, Eastside, MotherLode, Big Bottom, Craft, Redneck and Outlandish are hereinafter collectively, “Borrowers”).
