Payoff of Promissory Note Sample Contracts

DFI Holdings, LLC and Subsidiaries KPS Holdco, LLC and Subsidiaries

Payoff of Promissory Note • March 15th, 2016 • Amrep Corp. • Periodicals: publishing or publishing & printing • New York

• Contract Type
  Payoff of Promissory Note
• Filed
  March 15th, 2016
• Company
  Amrep Corp.
• Industry
  Periodicals: publishing or publishing & printing
• Jurisdiction
  New York

Reference is made to the Stock Purchase Agreement, dated February 9, 2015 (the “Stock Purchase Agreement”), between American Republic Investment Co. (“Lender”) and DFI Holdings, LLC (“Distribution Buyer”) and KPS Holdco, LLC (“Products Buyer” and together with Distribution Buyer, collectively, “Buyers”). All capitalized terms used and defined in this letter agreement shall have the meanings ascribed to them herein. All capitalized terms used but not otherwise defined in this letter agreement shall have the meanings ascribed to them in the Stock Purchase Agreement.