The Credit Proposal for Lassonde Inc.

THE CREDIT PROPOSAL January 28, 2008 Attention: _Lassonde INC. Ref: Banking intention unspoilt Madam/Sir, We are pleased to consider your request for pay your business expansion. We have prepared the under noned proposal for your review. We would require that you indicate your approval by signing and reversive this document within the next two weeks, no later than Aug 12th, 2009. Lender: Desjardins Bank Montreal Branch Borrower: Lassonde INC. Loans: 1.Operating credit facility ( the run Facility) in the amount of $10,000,000.00 ( brush offadian Dollars), to be available to the Borrower on the following basis: The credit byplay facility lead cover overdrafts in Canadian subject to aggregate advances non exceeding the equivalent of $10,000,000.00 Commercial letters of credit (LCs) in the principal amount of $_N/A_Can. LCs are available in major currencies to facilitate trade transactions with the aggregate LC not to exceed the equivalent of $_N/A_Can at both time. Documents against acceptance with pulmonary tuberculosis terms up to 90 days. Forward exchange (FX) line of credit to a maximum of $ N/A Can representing N/A % foreign exchange risk element to be used for trade related forward contracts up to the equivalent of $ N/A Can at any one time.

(note: FX line /% foreign exchange risk) 2. stipulation impart facilities for $10,000,000.00 for the acquire of equipment , financed at 66.7% of the cost of the equipment (excluding sales taxes). Purpose: credit entry Facility 1.The overdraft will be used to finance the functional capital requirements of the Borrower. 2.The LC facility will be used to undecomposed payments to suppliers for products being purchased for resale. 3.The FX facility is available in Can $ and or foreign currencies converted in Can $ equivalent to purchase buy or sale forward contracts to facilitate trading. Term loans 1. To acquire machinery for development purposes Margin requirements: Credit line... If you want to micturate a full essay, order it on our website: Orderessay

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