0000950144-02-002362 Sample Contracts

AMENDED AND RESTATED LOAN AGREEMENT [Mortgage Loan]
Loan Agreement • March 15th, 2002 • Sun Hydraulics Corp • Miscellaneous fabricated metal products • Florida
AutoNDA by SimpleDocs
WITNESSETH:
Loan Agreement • March 15th, 2002 • Sun Hydraulics Corp • Miscellaneous fabricated metal products • Florida
EXHIBIT 4.33 MODIFICATION NOTE [Mortgage Loan)
Note • March 15th, 2002 • Sun Hydraulics Corp • Miscellaneous fabricated metal products

FOR VALUE RECEIVED, SUN HYDRAULICS CORPORATION, a Florida corporation ("Maker"), hereby promises, jointly and severally, to pay to the order of NORTHERN TRUST BANK OF FLORIDA, N.A. ("Lender") at 1515 Ringling Boulevard, Sarasota, FL 34236, or at such other place as the holder hereof may from time to time designate in writing, the principal sum of Four Million Four Hundred Twenty Five Thousand Two Hundred Nineteen and 37/100 Dollars ($4,425,219.37), or so much thereof as may be disbursed by Lender to Maker or for Maker's account from time to time, together with interest at the rate hereinafter specified on such indebtedness as shall from time to time remain unpaid, until paid in full, such principal and interest being payable in lawful money of the United States which shall be legal tender in payment of all debts at the time of payment. Interest will be calculated on the basis of a 365/360 method, which computes a daily amount of interest for a hypothetical year of 360 days, then multip

3,871,754.35 Effective Date: December 23, 2001 Execution Date: January 18, 2002
Sun Hydraulics Corp • March 15th, 2002 • Miscellaneous fabricated metal products
Time is Money Join Law Insider Premium to draft better contracts faster.