WAIVER OF DEFAULTS UNDER CREDIT AGREEMENTWaiver of Defaults Under Credit Agreement • May 15th, 2003 • Todhunter International Inc • Malt beverages • Florida
THIS AGREEMENT is made as of the 1st day of January, 2003, by and between SOUTHTRUST BANK, an Alabama corporation, formerly known as SOUTHTRUST BANK, NATIONAL ASSOCIATION acting as a Lender and as Administrative Agent and Funding Agent (collectively “Agent”) pursuant to the Credit Agreement, WACHOVIA BANK, N.A., a national banking association, formerly know as FIRST UNION NATIONAL BANK, a national banking association acting as a Lender, NATIONAL CITY BANK, NATIONAL ASSOCIATION, a national banking association acting as a Lender, and SUNTRUST BANK, a Georgia corporation, formerly known as SUNTRUST BANK, SOUTH FLORIDA, N.A., a national banking association acting as a Lender (collectively the “Lenders”), and TODHUNTER INTERNATIONAL, INC., a Delaware corporation (the “Borrower”).
