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2021-053-E Economic Dev-Boro Beverage Company loan amendment
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2021-053-E Economic Dev-Boro Beverage Company loan amendment
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2/9/2021 1:05:29 PM
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2/9/2021 12:02:54 PM
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DocuSign Envelope ID: E51 FEDB4-DE67-4E2D-A34B-153D3BEADB7E <br /> Loan,the Loan Documents, or the actions or omissions of Lender in respect to the Loan or the Loan <br /> Documents arising from events, acts or omissions occurring prior to the date hereof. <br /> 5. Payment of Expenses and Attorneys' Fees. Borrower shall pay all reasonable expenses of Lender <br /> relating to the negotiation, drafting of documents, and documentation of this Amendment, including, <br /> without limitation, all reasonable attorneys'fees and legal expenses. Lender is authorized and directed <br /> to disburse a sufficient amount of the Loan proceeds to pay these expenses in full. <br /> 6. Agreement Remains in Full Force and Effect.The Loan Documents are ratified and affirmed by <br /> Borrower and shall remain in full force and effect as modified hereby. Any property rights or rights to or <br /> interests in property granted as security in the Loan Documents shall remain as security for the Loan and <br /> the obligations of Borrower in the Loan Documents. <br /> 7. Integrated Agreement; Amendment.This Amendment, together with the Loan Agreement and the <br /> Loan Documents, constitutes the entire agreement between Lender and Borrower concerning the <br /> subject matter hereof, and may not be altered or amended except by written agreement signed by <br /> Lender. <br /> All other prior and contemporaneous agreements, arrangements, and understandings between the <br /> parties hereto as to the subject matter hereof are, except as otherwise expressly provided herein, <br /> rescinded. <br /> This Amendment and the Loan Agreement shall be read and interpreted together as one agreement. <br /> Date: December 30, 2020. <br /> Lender: <br /> Orange County <br /> ��e�fdh} %Mt.Y'Sbl <br /> Name: Bonnie Hammersley <br /> Title: County Manager <br /> Borrower: <br /> BORO BEVERAGE COMPANY, LLC <br /> By: «fill �aYL.I9� EYtG�SbU. <br /> Name: Carly Erickson <br />
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