AGREEMENT OF SUBORDINATION AND STANDSTILLAgreement of Subordination and Standstill • March 31st, 2010 • WLG Inc • Arrangement of transportation of freight & cargo • Pennsylvania
THIS AGREEMENT OF SUBORDINATION AND STANDSTILL, including amendments, modifications, and supplements (all hereinafter referred to as the "Agreement") as of this 24th day of February, 2010 by and among WLG (USA) LLC and World Commerce Services, L.L.C., jointly and severally, both limited liability companies organized and existing under the laws of the State of Illinois, with principal places of business located at 920 East Algonquin Road, Suite 120, Schaumburg, Illinois, 60173 (“collectively, Debtor”) NOVA Business Credit, a division of NOVA Bank, having its office at 1235 Westlakes Drive, Suite 420, Berwyn, PA 19312 ("Senior Lender"), and WLG Inc., a corporation organized and existing under the laws of the State of Delaware with principal offices located at 920 East Algonquin Road, Suite 120, Schaumburg, Illinois, 60173 ("Subordinator").
