WITNESSETH:Modification Agreement • September 16th, 2002 • Vermont Pure Holdings LTD/De • Wholesale-groceries & related products
September 13, 2002 Mr. Bruce MacDonald, CFO Vermont Pure Holdings, LTD Route 66 Catamount Industrial Park Randolph, VT 05060 Re: Commercial Loan and Security Agreement Dated October 5, 2000 Dear Bruce: Reference is made to Section 1.1 (jjj) of the...Vermont Pure Holdings LTD/De • September 16th, 2002 • Wholesale-groceries & related products
Reference is made to Section 1.1 (jjj) of the above-referenced Commercial Loan and Security Agreement. As of this date you, as CFO of the Borrower, have advised Webster Bank that you would be in violation of the Debt Service Covenant for the period ended 7/31/02 as set forth in Section 6.17 and defined in Section 1.1 (n) of the above referenced Agreement.
