Back to top

EQUIPMENT LINE NOTE

Promissory Note

EQUIPMENT LINE NOTE | Document Parties: GREEN MOUNTAIN COFFEE ROASTERS, INC. | FLEET NATIONAL BANK You are currently viewing:
This Promissory Note involves

GREEN MOUNTAIN COFFEE ROASTERS, INC. | FLEET NATIONAL BANK

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: EQUIPMENT LINE NOTE
Governing Law: New Hampshire     Date: 7/6/2004
Industry: Food Processing     Sector: Consumer/Non-Cyclical

EQUIPMENT LINE NOTE, Parties: green mountain coffee roasters  inc. , fleet national bank
50 of the Top 250 law firms use our Products every day

EQUIPMENT LINE NOTE

$3,500,000.00                                 Manchester, New Hampshire                                             June 30, 2004

FOR VALUE RECEIVED, the undersigned (the "Borrower") HEREBY PROMISES TO PAY to the order of FLEET NATIONAL BANK ("Lender"), at the offices of FLEET NATIONAL BANK, a national banking association organized under the laws of the United States of America, as Agent for Lenders ("Agent"), with an address of Mail Stop MA5-100-09-08, 100 Federal Street, Boston, Massachusetts 02110, or at such other place as Agent may designate from time to time in writing, in lawful money of the United States of America and in immediately available funds, the amount of THREE MILLION FIVE HUNDRED THOUSAND AND 00/100 DOLLARS ($3,500,000.00) or, if less, the aggregate unpaid amount of all Equipment Line Advances made to the Borrower under the Credit Agreement (as hereinafter defined) by Lender. All capitalized terms used but not otherwise defined herein have the meanings given to them in the Credit Agreement or in Annex A thereto.

This Equipment Line Note is one of the Equipment Line Notes issued pursuant to that certain Second Amended and Restated Credit Agreement dated as of June 30, 2004 by and among the Borrower, Agent, Lender and the other Persons signatory thereto from time to time as Lenders (including all annexes, exhibits and schedules thereto, and as from time to time amended, restated, supplemented or otherwise modified, the "Credit Agreement"), and is entitled to the benefit and security of the Credit Agreement, the Security Agreement and all of the other Loan Documents referred to therein. Reference is hereby made to the Credit Agreement for a statement of all of the terms and conditions under which the Loans evidenced hereby are made and are to be repaid. The date and amount of each Equipment Line Advance made by Lender to the Borrower, the rates of interest applicable thereto and each payment made on account of the principal thereof, shall be recorded by Agent on its books; provided that the failure of Agent to make any such recordation shall not affect the obligations of Borrower


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more