ContractClosfng Agreement • April 6th, 2021 • Aureus Inc • Metal mining
FIRST AMENDED POST - CLOSfNG AGREEMENT THIS FIRST AMENDED POST - CLOSING AGREEMENT is entered into December 20, 2020 and effective I8 th day of June, 2019, by and between Mid Penn Bank in its own right and as Secured Creditor on behalf of Yuengling Ice Cream Corp (the "Seller/Bank"), YIC Acquisitions Corp., a Nevada business corporation, (the "Purchaser") and David Yuengling and Robert C. Bohorad (the "Guarantors"). WHEREAS, the Parties entered into a Secured Creditor Asset Sale and Purchase Agreement and a PA UCC Article 9 Default, Foreclosure and Private Sale Agreement dated June 18 , 2019 (collectively "Agreement of Sale") ; and WHEREAS, Purchaser was to transfer $ 50 , 000 . 00 to account # 19046960 at Mid Penn Bank, as security pursuant to the Agreement of Sale and the Security Agreement of even date hereof ; and WHEREAS, the as of closing the $50,000.00 was not available; and WHEREAS, the Parties have agreed the $ 50 , 000 . 00 is not and shall not be a condition of closing and c
