Collectively, the Credit Agreement and the Security Agreement, including amendments and modifications, along with certain related documentation, are referred to as the “Loan Documents” hereinafter.
The Loan is in the principal amount of approximately $50,000,000.00, accrues interest at a rate tied to LIBOR (as more fully described in the above-referenced documents), and matures on July 25, 2019.
Some or all of the Subject Collateral will be sold by Collateral Agent at one or more public sales to be held on or after 10:00 a.m. on August 29, 2018, at the New York City offices of Sheppard Mullin Richter & Hampton LLP, located at 30 Rockefeller Plaza, New York City, New York 10112.
THE SALE OF THE SUBJECT COLLATERAL WILL BE “AS IS”, “WHERE IS”, “WITH ALL FAULTS”, WITHOUT EXPRESS OR IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, QUALITY OR FITNESS OR ANY OTHER EXPRESS OR IMPLIED WARRANTIES.
ALL RIGHTS OF COLLATERAL AGENT AND LENDERS ARE EXPRESSLY RESERVED, INCLUDING ALL RIGHTS WITH RESPECT TO COLLATERAL IN WHICH COLLATERAL AGENT HAS A SECURITY INTEREST BUT WHICH IS NOT SUBJECT TO THIS NOTICE.
Persons interested in attending the sale and bidding for the Subject Collateral may obtain additional information by contacting Collateral Agent at UMB Bank, National Association, 120 South 6th Street, Suite 1400, Minneapolis, MN 55402, Attention: Mr. Gavin Wilkinson, email@example.com, (612) 337-7001.
The editors and editorial board of DailyDAC include preeminent restructuring and insolvency professionals, journalists, and editors. They are devoted to providing reliable and plain English education and deal intelligence about assignments, corporate bankruptcy, receiverships, out-of-court workouts an similar topics.
PUBLIC NOTICE: Sale of Judgments
PUBLIC NOTICE: Sale of Single Family Home in Chicago
PUBLIC NOTICE OF UCC SALE: USRealty.com
Valuation: The Pillar of Corporate Restructuring
PUBLIC NOTICE OF 363 SALE: Industrial Property, Bensenville, IL
PUBLIC NOTICE OF CHAPTER 7 AUCTION: World of Good Tastes, Inc.
Our weekly newsletter, sent every Tuesday at 9am, includes: