Form 10-Q/A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 10-Q/A

(Amendment No. 1)

 

 

Quarterly Report Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

For the Quarterly Period Ended July 31, 2010

Commission File Number 01-34219

 

 

CASUAL MALE RETAIL GROUP, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   04-2623104

(State or other jurisdiction of

incorporation or organization)

 

(IRS Employer

Identification No.)

 

555 Turnpike Street, Canton, MA   02021
(Address of principal executive offices)   (Zip Code)

(781) 828-9300

(Registrant’s telephone number, including area code)

 

 

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes  ¨    No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer   ¨    Accelerated filer   x
Non-accelerated filer   ¨  (Do not check if a smaller reporting company)   

Smaller reporting company

  ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

The number of shares of common stock outstanding as of July 31, 2010 was 47,709,124.

 

 

 


EXPLANATORY NOTE

We are filing this Amendment No. 1 (this “Amendment”) to our Quarterly Report on Form 10-Q for the quarter ended July 31, 2010 (the “Original Report”) in order to file a revised, redacted version of Exhibit 10.2 thereto.

Pursuant to Rule 12b-15 under the Securities Exchange Act of 1934, as amended, we are including only Item 6, “Exhibits” of Part II below. The remaining Items of our Original Report are not amended hereby.

This Amendment speaks as of the date of the filing of the Original Report, August 20, 2010. All information contained in the Original Report, as amended by this Amendment, is subject to updating and supplementing as provided in our reports filed with the Securities and Exchange Commission subsequent to the date of the Original Report.

PART II. OTHER INFORMATION

 

Item 6. Exhibits.

 

10.1 *   Casual Male Retail Group, Inc. 2006 Incentive Compensation Plan, as amended.
10.2**   Fifth Amended and Restated Loan and Security Agreement dated December 28, 2006, by and among Bank of America, N.A., as Administrative Agent and Collateral Agent, the Lenders identified therein, the Company, as Borrowers’ Representatives, and the Company and CMRG Apparel LLC. (formerly Designs Apparel, Inc.), as Borrowers.
10.3 *   Equipment Security Note Number 17608-70001 to the Master Loan and Security Agreement dated July 20, 2007 between the Company and Banc of America Leasing & Capital , LLC.
10.4 *   Equipment Security Note Number 17608-70002 to the Master Loan and Security Agreement dated January 16, 2008 between the Company and Banc of America Leasing & Capital , LLC.
10.5 *   Casual Male Retail Group, Inc. Amended and Restated Long-Term Incentive Plan.
31.1   Certification of the Chief Executive Officer of the Company pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934.
31.2   Certification of the Chief Financial Officer of the Company pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934.
32.1 *   Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2 *   Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

 

* Previously filed.
** Portions of this Exhibit have been omitted pursuant to a request for confidential treatment.

 

1


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

        CASUAL MALE RETAIL GROUP, INC.

Date: December 8, 2010

   

By:

 

/S/    PETER H. STRATTON, JR.        

      Peter H. Stratton, Jr.
      Senior Vice President of Finance, Corporate Controller
      and Chief Accounting Officer

 

2

Fifth Amended and Restated Loan and Security Agreement dated December 28, 2006

Confidential Treatment Requested as to certain information contained in this Exhibit and filed separately with the Securities and Exchange Commission.

Exhibit 10.2

 

 

FIFTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT

 

 

BANK OF AMERICA, N.A.

AS ADMINISTRATIVE AGENT AND

COLLATERAL AGENT

 

 

LENDERS

NAMED HEREIN

 

 

WELLS FARGO FOOTHILL, LLC.

AS SYNDICATION AGENT

NATIONAL CITY BUSINESS CREDIT, INC.

AS DOCUMENTATION AGENT

 

 

CASUAL MALE RETAIL GROUP, INC.

THE BORROWERS’ REPRESENTATIVE

FOR:

CASUAL MALE RETAIL GROUP, INC.

DESIGNS APPAREL, INC.

 

 

December 28, 2006


 

ARTICLE 1 - DEFINITIONS:

     2   

ARTICLE 2 - COMMITMENTS AND CREDIT EXTENSIONS:

     33   

2.1.       Establishment of Credit facilities

     33   

2.2.       Advances in Excess of Borrowing Base (OverLoans)

     34   

2.3.       Initial Reserves. Changes to Reserves

     34   

2.4.       Risks of Value of Collateral

     34   

2.5.       Commitment to Make Revolving Credit Loans and Support Letters of Credit

     34   

2.6.       Commitment to Make Last Out Revolving Loans

     35   

2.7.       Loan Requests

     35   

2.8.       Making of Loans

     35   

2.9.       SwingLine Loans

     37   

2.10.     The Loan Account

     38   

2.11.     The Revolving Credit Notes

     39   

2.12.     The Last Out Revolving Notes

     39   

2.13.     Payment of The Loan Account

     39   

2.14.     Interest on Loans

     41   

2.15.     Arrangement Fee

     42   

2.16.     Fee

     42   

2.17.     Administrative Agent’s Fee

     42   

2.18.     Unused Line Fee

     42   

2.19.     Agents’ and Lenders’ Discretion

     43   

2.20.     Procedures For Issuance of L/C’s

     44   

2.21.     Fees For L/C’s

     45   

2.22.     Concerning L/Cs

     47   

2.23.     Changed Circumstances

     48   

2.24.     Designation of Borrowers’ Representative as Borrowers’ Agent

     49   

2.25.     Lenders’ Commitments

     49   

2.26.     References to Original Agreement

     50   

ARTICLE 3 - CONDITIONS PRECEDENT:

     51   

3.1.       Due Diligence

     51   

3.2.       Opinion

     51   

3.3.       Additional Documents

     51   

3.4.       Officers’ Certificates

     51   

3.5.       Representations and Warranties

     51   

3.6.       All Fees and Expenses Paid

     51   

3.7.       Collateral, Etc

     52   

3.8.       No Default

     52   

3.9.       Financial Statements; Legal Due Diligence; No Adverse Change

     52   

3.10.     No Litigation

     52   

3.11.     Benefit of Conditions Precedent

     52   

ARTICLE 4 - GENERAL REPRESENTATIONS, COVENANTS AND WARRANTIES:

     53   

4.1.       Payment and Performance of Liabilities

     53   

 

(ii)


 

4.2.       Due Organization. Authorization. No Conflicts

     53   

4.3.       Trade Names

     54   

4.4.       Infrastructure

     54   

4.5.       Locations

     55   

4.6.       Stores

     56   

4.7.       Title to Assets

     56   

4.8.       Indebtedness

     57   

4.9.       Insurance

     57   

4.10.     Licenses

     58   

4.11.     Leases

     58   

4.12.     Requirements of Law

     58   

4.13.     Labor Relations

     59   

4.14.     Maintain Properties

     60   

4.15.     Taxes

     61   

4.16.     No Margin Stock

     61   

4.17.     ERISA

     61   

4.18.     Hazardous Materials

     62   

4.19.     Litigation

     62   

4.20.     Dividends. Investments. Entity Action

     63   

4.21.     Permitted Acquisitions

     63   

4.22.     Loans

     64   

4.23.     Restrictions on Sale of Collateral; License Agreements

     64   

4.24.     Protection of Assets

     65   

4.25.     Line of Business

     65   

4.26.     Affiliate Transactions

     66   

4.27.     Further Assurances

     66   

4.28.     Adequacy of Disclosure

     67   

4.29.     No Restrictions on Liabilities

     67   

4.30.     Other Covenants

     67   

4.31.     Inventory Purchasing

     67   

ARTICLE 5 - FINANCIAL REPORTING AND PERFORMANCE COVENANTS:

     67   

5.1.       Maintain Records

     67   

5.2.       Access to Records

     68   

5.3.       Prompt Notice to Administrative Agent

     69   

5.4.       Borrowing Base Certificate

     70   

5.5.       Monthly Reports

     70   

5.6.       Quarterly Reports

     71   

5.7.       Annual Reports

     71   

5.8.       Officers’ Certificates

     72   

5.9.       Inventories, Appraisals, and Audits

     73   

5.10.     Additional Financial Information

     73   

ARTICLE 6 - Use of Collateral:

     74   

6.1.       Use of Inventory Collateral

     74   

6.2.       Inventory Quality

     74   

6.3.       Adjustments and Allowances

     75   

 

(iii)


 

ARTICLE 7 - Cash Management. Payment of Liabilities:

     75   

7.1.       Depository Accounts

     75   

7.2.       Credit Card Receipts

     76   

7.3.       The Concentration, Blocked, and Operating Accounts

     76   

7.4.       Proceeds and Collections

     76   

7.5.       Payment of Liabilities

     77   

7.6.       The Operating Account

     78   

ARTICLE 8 - GRANT OF SECURITY INTEREST:

     78   

8.1.       Grant of Security Interest

     78   

8.2.       Extent and Duration of Security Interest; Notice

     80   

ARTICLE 9 - Collateral Agent As Attorney-In-Fact:

     80   

9.1.       Appointment as Attorney-In-Fact

     80   

9.2.       No Obligation to Act

     81   

ARTICLE 10 - Events of Default:

     81   

10.1.     Failure to Pay the Credit Facilities

     82   

10.2.     Failure To Make Other Payments

     82   

10.3.     Failure to Perform Covenant or Liability (No Grace Period)

     82   

10.4.     Financial Reporting Requirements

     82   

10.5.     Failure to Perform Covenant or Liability (Grace Period)

     82   

10.6.     Misrepresentation

     83   

10.7.     Acceleration of Other Debt; Breach of Lease

     83   

10.8.     Default Under Other Agreements

     83   

10.9.     Uninsured Casualty Loss

     83   

10.10.  Attachment; Judgment; Restraint of Business

     83   

10.11.  Indictment - Forfeiture

     83   

10.12.  Challenge to Loan Documents

     84   

10.13.  Change in Control

     84   

10.14.  Business Failure

     84   

10.15.  Bankruptcy

     84   

10.16.  Termination of Business

     85   

10.17.  Payment of Other Indebtedness

     85   

10.18.  Default by Guarantor; Termination of Guaranty

     85   

10.19.  Material Adverse Change

     85   

ARTICLE 11 - RIGHTS AND REMEDIES UPON DEFAULT:

     85   

11.1.     Acceleration

     85   

11.2.     Rights of Enforcement

     85   

11.3.     Sale of Collateral

     86   

11.4.     Occupation of Business Location

     87   

11.5.     Grant of Nonexclusive License

     87   

11.6.     Assembly of Collateral

     87   

11.7.     Rights and Remedies

     87   

 

(iv)


 

ARTICLE 12 - Loan Fundings and Distributions:

     88   

12.1.     Funding Procedures

     88   

12.2.     SwingLine Loans

     88   

12.3.     Administrative Agent’s Covering of Fundings:

     89   

12.4.     Ordinary Course Distributions: Credit Facilities

     91   

ARTICLE 13 - Acceleration and Liquidation:

     92   

13.1.     Acceleration Notices

     92   

13.2.     Acceleration

     93   

13.3.     Initiation of Liquidation

     93   

13.4.     Actions At and Following Initiation of Liquidation

     93   

13.5.     Collateral Agent’s Conduct of Liquidation

     93   

13.6.     Distribution of Liquidation Proceeds

     94   

13.7.     Relative Priorities To Proceeds of Liquidation

     94   

ARTICLE 14 - THE AGENTS:

     95   

14.1.     Appointment of The Agents

     95   

14.2.     Responsibilities of Agents

     96   

14.3.     Concerning Distributions By the Agents

     97   

14.4.     Dispute Resolution

     98   

14.5.     Distributions of Notices and of Documents

     98   

14.6.     Confidential Information

     98   

14.7.     Reliance by Agents

     99   

14.8.     Non-Reliance on Agents and Other Lenders

     99   

14.9.     Indemnification

     100   

14.10.  Resignation of Agent

     100   

ARTICLE 15 - Action By Agents - Consents - Amendments - Waivers:

     101   

15.1.     Administration of Credit Facilities

     101   

15.2.     Actions Requiring or On Direction of Majority Lenders

     102   

15.3.     Actions Requiring or On Direction of SuperMajority Revolving Credit Lenders

     102   

15.4.     actions requiring or on direction of supermajority lenders

     102   

15.5.     Action Requiring Certain Consent

     103   

15.6.     Actions Requiring or Directed By Unanimous Consent

     103   

15.7.     Actions Requiring SwingLine Lender Consent

     105   

15.8.     Actions Requiring Agents’ Consent

     105   

15.9.     Miscellaneous Actions

     105   

15.10.  Actions Requiring Borrowers’ Representative’s Consent

     105   

15.11.  NonConsenting Lender

     106   

ARTICLE 16 - Assignments By Lenders:

     107   

16.1.     Assignments and Assumptions

     107   

16.2.     Assignment Procedures

     108   

16.3.     Effect of Assignment

     108   

 

(v)


 

ARTICLE 17 - Notices:

     109   

17.1.     Notice Addresses

     109   

17.2.     Notice Given

     110   

17.3.     Wire Instructions

     110   

ARTICLE 18 - Term:

     111   

18.1.     Termination of Credit Facilities

     111   

18.2.     Actions On Termination

     111   

ARTICLE 19 - General:

     111   

19.1.     Protection of Collateral

     111   

19.2.     Publicity

     112   

19.3.     Successors and Assigns

     112   

19.4.     Severability

     112   

19.5.     Amendments. Course of Dealing

     112   

19.6.     Power of Attorney

     112   

19.7.     Application of Proceeds

     113   

19.8.     Increased Costs

     113   

19.9.     Costs and Expenses Of Agents and Lenders

     114   

19.10.  Copies and Facsimiles

     114   

19.11.  Massachusetts Law

     114   

19.12.  Indemnification

     114   

19.13.  Rules of Construction

     115   

19.14.  Intent

     116   

19.15.  Participations

     117   

19.16.  Right of Set-Off

     117   

19.17.  Pledges To Federal Reserve Banks

     117   

19.18.  Maximum Interest Rate

     117   

19.19.  Waivers

     118   

 

(vi)


EXHIBITS

 

1.0(a)      :      

Casual Male Companies

1.0(b)      :      

Guarantors

1.1      :      

Permitted Encumbrances

2.9      :      

SwingLine Note

2.11      :      

Revolving Credit Note

2.12      :      

Last Out Revolving Note

2.25      :      

Lenders’ Commitments

3.9(b)      :      

Existing Defaults under Material Contracts

4.2      :      

Loan Parties’ Information

4.3      :      

Trade Names

4.4(b)      :      

Exceptions to Property Rights

4.5      :      

Locations, Leases, and Landlords

4.7(b)      :      

Consigned Inventory

4.7(c)(ii)      :      

Equipment Usage Agreement

4.9      :      

Insurance Policies

4.11      :      

Capital Leases

4.13(a)      :      

Labor Relations

4.19      :      

Litigation

4.28(b)      :      

Contingent Obligations

5.4      :      

Borrowing Base Certificate

7.1      :      

DDA’s

7.2      :      

Credit Card Arrangements

16.1      :      

Assignment / Assumption

 

(vii)


FIFTH AMENDED AND RESTATED

LOAN AND SECURITY AGREEMENT

Bank of America, N.A.

Administrative and Collateral Agent

December 28, 2006

THIS FIFTH AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (the “Agreement”) is made amongst

Bank of America, N.A. (in such capacity, the “Administrative Agent”), a national banking association with an office at 40 Broad Street, Boston, Massachusetts 02109, as Administrative Agent for the benefit of (i) the Collateral Agent, (ii) the “Lenders” who are, at present, those financial institutions identified on the signature pages of this Agreement and any Person who becomes a “Lender” in accordance with the provisions of this Agreement, and (iii) other Secured Parties.

and

Bank of America, N.A. (in such capacity, the “Collateral Agent”), a national banking association with an office at 40 Broad Street, Boston, Massachusetts 02109, as Collateral Agent for the benefit of (i) the Administrative Agent, (ii) the Lenders, and (iii) other Secured Parties.

and

The Revolving Credit Lenders;

and

The Last Out Revolving Lenders

and

Casual Male Retail Group, Inc. ( in such capacity, the “Borrowers’ Representative”), a Delaware corporation with its principal executive offices at 555 Turnpike Street, Canton, Massachusetts 02021, as agent for Casual Male Retail Group, Inc., and Designs Apparel, Inc. (individually, a “Borrower” and collectively, the “Borrowers”).

WHEREAS, on October 29, 2004, the Borrowers, Fleet Retail Group, Inc. as Administrative Agent and Collateral Agent, Revolving Credit Lenders, and Bank of America, N.A. as Tranche B Lender entered into a Fourth Amended and Restated Loan and Security Agreement (as amended and in effect, the “Original Agreement”), pursuant to which, among other things, the Revolving Credit Lenders agreed to make Revolving Loans to the Borrowers and Bank of America, N.A. agreed to make a Tranche B Loan to the Borrowers;

 

-1-


WHEREAS, the Tranche B Loan to Bank of America, N.A. has been paid in full;

WHEREAS, the Borrowers have requested that the Agent and Revolving Credit Lenders amend the Original Agreement in certain respects in order to, among other thing, add a new Last Out Revolving Loan, and otherwise amend the Original Agreement;

WHEREAS, the Agent and Revolving Credit Lenders are willing to amend the Original Agreement on the terms set forth herein; and

WHEREAS, the parties hereto desire to amend and restate the Original Agreement in its entirety.

NOW THEREFORE, the Agent, Lenders, and Borrowers hereby agree that the Original Agreement shall be amended and restated in its entirety as follows:

WITNESSETH:

ARTICLE 1 - DEFINITIONS:

As used herein, the following terms have the following meanings or are defined in the section of this Agreement so indicated:

Acceleration”: The making of demand or declaration that any indebtedness, not otherwise due and payable, is due and payable. Derivations of the word “Acceleration” (such as “Accelerate”) are used with like meaning in this Agreement.

Acceleration Notice”: Written notice as follows:

(a) From the Administrative Agent to the Collateral Agent and the Lenders, as provided in Section 13.1(a).

(b) From the SuperMajority Lenders to the Administrative Agent, as provided in Section 13.1(b).

Account Debtor”: Has the meaning given that term in the UCC.

“Accounts” and “Accounts Receivable” include, without limitation, “accounts” as defined in the UCC, and also all: accounts, accounts receivable, receivables, and rights to payment (whether or not earned by performance) for: property that has been or is to be sold, leased, licensed, assigned, or otherwise disposed of; services rendered or to be rendered; a policy of insurance issued or to be issued; a secondary obligation incurred or to be incurred; energy provided or to be provided; for the use or hire of a vessel; arising out of the use of a credit or charge card or information contained on or used with that card; winnings in a lottery or other game of chance; and also all Inventory which gave rise thereto, and all rights associated with such Inventory, including the right of stoppage in transit; all reclaimed, returned, rejected or repossessed Inventory (if any) the sale of which gave rise to any Account.

 

-2-


ACH”: Automated clearing house.

Acquisition”: The purchase or other acquisition, by a Loan Party (no matter how structured in one transaction or in a series of transactions), of: (a) equity interests in any other Person which would constitute or which results in a Change in Control of such other Person (as if such Person were Casual Male, as used in the definition of “Change of Control”), or (b) such of the assets of any Person as would permit a Loan Party to operate one or more retail locations of such Person or to conduct other business operations with such assets (provided, however, none of the following shall constitute an “Acquisition”: purchases of inventory in the ordinary course of a Loan Party’s business; purchases, leases or other acquisitions of Equipment in the ordinary course of a Loan Party’s business; and Capital Expenditures permitted hereunder).

Administrative Agent”: Defined in the Preamble.

Administrative Agent’s Cover”: Defined in Section 12.3(c)(i).

Administrative Agent’s Fee”: Defined in Section 2.17.

Affiliate”: The following:

(a) With respect to any two Persons, a relationship in which (i) one holds, directly or indirectly, not less than twenty five percent (25%) of the capital stock, beneficial interests, partnership interests, or other equity interests of the other; or (ii) one has, directly or indirectly, the right, under ordinary circumstances, to vote for the election of a majority of the directors (or other body or Person who has those powers customarily vested in a board of directors of a corporation); or (iii) not less than twenty five percent (25%) of their respective ownership is directly or indirectly held by the same third Person.

(b) Any Person which: is a parent, brother-sister or Subsidiary of a Loan Party; could have such enterprise’s tax returns or financial statements consolidated with that Loan Party’s; could be a member of the same controlled group of corporations (within the meaning of Section 1563(a)(1), (2) and (3) of the Internal Revenue Code of 1986, as amended from time to time) of which any Loan Party is a member; or controls or is controlled by any Loan Party.

Agent”: When not preceded by “Administrative” or “Collateral”, the term “Agent” refers collectively and individually to the Administrative Agent and the Collateral Agent.

 

-3-


Agents’ Rights and Remedies”: Defined in Section 11.7.

Aggregate Availability” means the aggregate of Availability and Last Out Availability.

Aggregate Excess Availability” means the aggregate of Excess Availability and Last Out Availability.

Applicable Inventory Advance Rate”: means 90%.

Applicable Law”: As to any Person: (i) All statutes, rules, regulations, orders, or other requirements having the force of law and (ii) all court orders and injunctions, arbitrator’s decisions, and/or similar rulings, in each instance ((i) and (ii)) of or by any federal, state, municipal, and other governmental authority, or court, tribunal, panel, or other body which has or claims jurisdiction over such Person, or any property of such Person, or of any other Person for whose conduct such Person would be responsible.

Applicable Margin”: The following percentages for Base Margin Loans and Libor Loans based upon the following criteria:

 

LEVEL

   AVERAGE EXCESS
AVAILABILITY
     REVOLVING
CREDIT
LOANS
    LAST OUT
REVOLVING
LOANS
 
     Less Than      Equal to Or
Greater Than
     LIBOR MARGIN     BASE
MARGIN
    LIBOR
MARGIN
    BASE
MARGIN
 

I

      $ 50,000,000         1.00     0     2.75     0.00

II

   $ 50,000,000       $ 25,000,000         1.25     0     2.75     0.00

III

   $ 25,000,000            1.50     0     2.75     0.00

The Applicable Margin shall be set on the Closing Date based upon the Average Excess Availability for the three (3) months immediately preceding the Closing Date. Thereafter, the Applicable Margin shall be adjusted quarterly on the first day of each calendar quarter based upon the Average Excess Availability during the prior quarter. Upon the occurrence of an Event of Default and for so long as such Event of Default continues in existence, the Applicable Margin may, at the option of the Administrative Agent, be immediately increased to the percentages set forth in Level III (even if the Average Excess Availability requirements for another Level have been met) and interest shall be determined in the manner set forth in Section 2.14(f).

Appraised Inventory Liquidation Value”: The product of (a) the Cost of Eligible Inventory (net of Inventory Reserves) of the Casual Male Companies and RBT, multiplied by (b) that percentage, determined from the then most recent appraisal of the Loan Parties’ Inventory undertaken at the request of the Administrative Agent, to reflect the appraiser’s estimate of the net recovery on the Loan Parties’ Inventory in the event of an in-store liquidation of that Inventory.

 

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Arrangement Fee”: shall have the meaning set forth in the Fee Letter.

Assignee Lender”: Defined in Section 16.1.

Assigning Lender”: Defined in Section 16.1.

Assignment and Acceptance”: Defined in Section 16.2.

Availability”: The lesser of (a) or (b) where:

(a) is the result of

(i) The Revolving Credit Commitments

Minus

(ii) The aggregate outstanding Revolving Credit Loans and SwingLine Loans

Minus

(iii) The aggregate undrawn Stated Amount of all then outstanding L/Cs (less the amount of any cash collateral held by any Agent or Lender in respect of such L/Cs).

Minus

(iv) The aggregate of the Availability Reserves.

(b) is the result of

(i) The Borrowing Base

Minus

(ii) The aggregate outstanding Revolving Credit Loans and SwingLine Loans

Minus

(iii) The aggregate undrawn Stated Amount of all then outstanding L/Cs (less the amount of any cash collateral held by any Agent or Lender in respect of such L/Cs).

Minus

(iv) The aggregate of the Availability Reserves.

 

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Availability Block” means ten percent (10%) of the lesser of (a) the Last Out Borrowing Base; or (b) the Total Commitments.

Availability Reserves”: Such reserves as the Administrative Agent from time to time determines in the Administrative Agent’s reasonable discretion as being appropriate to reflect the impediments to the Collateral Agent’s ability to realize upon the Collateral. Without limiting the generality of the foregoing, Availability Reserves may include (but are not limited to) reserves based on the following:

 

  (i) Rent (but only if a landlord’s waiver, acceptable to the Administrative Agent, has not been received by the Administrative Agent).

 

  (ii) Customer Credit Liabilities.

 

  (iii) Taxes and other governmental charges, including, ad valorem, personal property, and other taxes which might have priority over the Collateral Interests of the Collateral Agent in the Collateral.

 

  (iv) L/C Landing Costs.

 

  (v) the Availability Block.

Average Excess Availability”: means the average daily Aggregate Excess Availability for the immediately preceding quarter.

Bank of America”: means Bank of America, N.A., a national banking association and its Subsidiaries, Affiliates, branches, and their respective successors with offices at 40 Broad Street, Boston, Massachusetts 02109.

Bankruptcy Code”: Title 11, U.S.C., as amended from time to time.

BAS”: Is defined in Section 2.15.

Base”: means for any day a fluctuating rate per annum equal to the higher of (a) the Federal Funds Rate plus 1/2 of 1% and (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime rate.” The “prime rate” is a rate set by Bank of America based upon various factors including Bank of America’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such rate announced by Bank of America shall take effect at the opening of business on the day specified in the public announcement of such change.

Base Margin”: As determined from the definition of Applicable Margin.

 

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Base Margin Loan”: Each Loan while bearing interest at the Base Margin Rate.

Base Margin Rate”: The aggregate of Base plus the then Base Margin.

Blocked Account”: Any deposit account, including, without limitation, any DDA, over which one or more of the Agents exercise control pursuant to a Blocked Account Agreement.

Blocked Account Agreement”: An agreement, in form satisfactory to the Administrative Agent, which recognizes the Collateral Agent’s Collateral Interest in the contents of the deposit account which is the subject of such agreement and provides that such contents shall be transferred only to the Concentration Account or as otherwise instructed by the Collateral Agent.

Borrower” and “Borrowers”: Defined in the Preamble.

Borrowers’ Representative”: Defined in the Preamble.

Borrowing Base”: The aggregate of the following:

(a) The Applicable Inventory Advance Rate multiplied by the Appraised Inventory Liquidation Value.

Plus

(b) The face amount of Eligible Credit Card Receivables multiplied by the Credit Card Advance Rate.

Borrowing Base Certificate”: Is defined in Section 5.4.

Business Day”: Any day other than (a) a Saturday or Sunday; (b) any day on which banks in Boston, Massachusetts generally are not open to the general public for the purpose of conducting commercial banking business; or (c) a day on which the principal office of the Administrative Agent is not open to the general public to conduct business.

Business Plan”: The Loan Parties’ business plan dated December 6, 2006, as updated from time to time by the Borrowers’ Representative pursuant to this Agreement.

Canton Lease”: The lease and related documents entered into by and among Casual Male and Spirit SPE Canton, LLC dated as of February, 2006.

Capital Expenditures”: The expenditure of funds or the incurrence of liabilities which may be capitalized in accordance with GAAP.

Capital Lease”: Any lease which may be capitalized in accordance with GAAP.

 

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Casual Male”: Casual Male Retail Group, Inc.

Casual Male Companies”: The Persons listed on EXHIBIT 1.0(a) annexed hereto.

Change in Control”: The occurrence of any of the following:

(a) The acquisition, by any group of persons (within the meaning of the Securities Exchange Act of 1934, as amended) or by any Person, of beneficial ownership (within the meaning of Rule 13d-3 of the Securities and Exchange Commission) of 35% or more of the issued and outstanding capital stock of Casual Male having the right, under ordinary circumstances, to vote for the election of directors of Casual Male.

(b) At any time, (a) occupation of a majority of the seats (other than vacant seats) on the board of directors of Casual Male by Persons who were neither (i) nominated by the board of directors of Casual Male nor (ii) appointed by directors so nominated.

(c) The persons who are directors of Casual Male as of the Closing Date cease, for any reason other than death, disability, or resignation in the ordinary course (and not in connection with a proxy contest or similar occurrence), to constitute a majority of the board of directors of Casual Male.

(d) The failure by Casual Male (i) to own directly 100% of the issued and outstanding capital stock of Designs Apparel, Inc. and RBT or (ii) to own, directly or indirectly, 100% of the issued and outstanding capital stock or membership interests of all other Loan Parties.

Chattel Paper”: Has the meaning given that term in the UCC.

Closing Date”: December 28, 2006.

Collateral”: Defined in Section 8.1.

Collateral Agent”: Defined in the Preamble.

Collateral Interest”: Any interest in property to secure an obligation, including, without limitation, a security interest, mortgage, and deed of trust.

Commitment Fee”: Defined in Section 2.16.

Concentration Account”: Defined in Section 7.3.

Consent”: Actual consent given by the Lender from whom such consent is sought; or the passage of seven (7) Business Days from receipt of written notice to a Lender from an Agent of a proposed course of action to be followed by an Agent without

 

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such Lender’s giving that Agent written notice of that Lender’s objection to such course of action, provided that all Agents may rely on such passage of time as consent by a Lender only if such written notice states that consent will be deemed effective if no objection is received within such time period.

Consolidated”: When used to modify a financial term, test, statement, or report, refers to the application or preparation of such term, test, statement or report (as applicable) based upon the consolidation, in accordance with GAAP, of the financial condition or operating results of the Loan Parties.

Convertible Notes”: The 5% Convertible Senior Subordinated Notes due January 1, 2024 issued pursuant to the Indenture in the aggregate principal amount of up to $94,749,000.

Cost”: The lower of

(a) the calculated cost of purchases, as determined from invoices received by Design Apparel, Inc., its purchase journal or stock ledger, based upon its accounting practices, known to the Administrative Agent, which practices are in effect on the date on which this Agreement was executed; or

(b) the lowest ticketed or promoted price at which the subject inventory is offered to the public by any Loan Party, after all mark-downs (whether or not such price is then reflected on a Loan Party’s accounting system).

“Cost” does not include inventory capitalization costs or other non-purchase price charges used in a Loan Party’s calculation of cost of goods sold (other than freight, which may be capitalized consistent with GAAP and such Loan Party’s prior practices).

Costs of Collection”: Includes, without limitation, all reasonable attorneys’ fees and reasonable out-of-pocket expenses incurred by any Agent’s attorneys, and all reasonable out-of-pocket costs incurred by any Agent in the administration of the Liabilities and/or the Loan Documents, including, without limitation, reasonable costs and expenses associated with travel on behalf of any Agent, where such costs and expenses are directly or indirectly related to or in respect of any Agent’s: administration and management of the Liabilities; negotiation, documentation, and amendment of any Loan Document; or efforts to preserve, protect, collect, or enforce the Collateral, the Liabilities, and/or the Agents’ Rights and Remedies and/or any of the rights and remedies of any Agent against or in respect of any guarantor or other person liable in respect of the Liabilities (whether or not suit is instituted in connection with such efforts). “Costs of Collection” also includes the reasonable fees and expenses of Lenders’ Special Counsel. The Costs of Collection are Liabilities, and at the Administrative Agent’s option may bear interest at the then effective Base Margin Rate.

 

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Credit Card Advance Rate”: 90%

Credit Facilities”: Is defined in Section 2.1.

Customer Credit Liability”: Gift certificates, gift cards, customer deposits, merchandise credits, layaway obligations, discounts, credits and similar items earned by customers in respect of frequent shopping programs, and similar liabilities of any Loan Party to its retail customers and prospective customers.

DDA”: Any store level checking, demand daily depository account or other bank or like account maintained by any Loan Party for the purpose of depositing store receipts and paying de minimis store level expenses, as to which the applicable bank or depository has received notification of the Collateral Agent’s Collateral Interest in such account, including, on the date of this Agreement, the accounts listed on EXHIBIT 7.1 hereto, but excluding, however, any Exempt DDA.

Default”: Any occurrence, circumstance, or state of facts with respect to a Loan Party which (a) is an Event of Default; or (b) would become an Event of Default if any requisite notice were given and/or any requisite period of time were to run and such occurrence, circumstance, or state of facts were not cured within any applicable grace period.

Delinquent Lender”: Defined in Section 12.3(c).

Deposit Account”: Has the meaning given that term in the UCC.

Documents”: Has the meaning given that term in the UCC.

Documents of Title”: Has the meaning given that term in the UCC.

Dollar Commitments”: The Revolving Credit Dollar Commitment and/or Last Out Revolving Credit Dollar Commitment, as applicable.

Eligible Assignee”: With respect to an assignee of a Lender, a bank, insurance company, or company engaged in the business of making commercial loans having a combined capital and surplus in excess of $300 Million or any Affiliate of any Lender, or any Person to whom a Lender assigns its rights and obligations under this Agreement as part of a programmed assignment and transfer of such Lender’s rights in and to a material portion of such Lender’s portfolio of asset based credit facilities.

Eligible Credit Card Receivables”: Under five (5) Business Day Accounts due on a non-recourse basis from major credit card processors (which, if due on account of a private label credit card program, are deemed in the discretion of the Administrative Agent to be eligible).

 

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Eligible In-Transit Inventory”: “Eligible In-Transit Inventory” will be calculated at 75% of the Cost value of such of the Inventory of the Casual Male Companies and RBT (in each case, without duplication as to Eligible Inventory and Eligible In-Transit Inventory ), in each case in which title has passed to a Loan Party and which is then being shipped from a foreign location for receipt, within 45 days, at a warehouse of one of the Loan Parties, provided that

(a) Such Inventory is of such types, character, qualities and quantities (net of Inventory Reserves) as the Administrative Agent in its discretion from time to time determines to be eligible for borrowing;

(b) If applicable, the documents which relate to such shipment names the Collateral Agent as consignee of the subject Inventory and the Collateral Agent has control over the documents which evidence ownership of the subject Inventory (such as by the providing to the Collateral Agent of a Customs Brokers Agreement in form reasonably satisfactory to the Collateral Agent); and

(c) The Collateral Agent has a first priority perfected security interest in such Inventory.

Eligible Inventory”: The following (without duplication):

(a) Such of the Loan Parties’ Inventory, at such locations, and of such types, character, qualities and quantities, as the Administrative Agent, in its sole discretion from time to time determines to be acceptable for borrowing, as to which Inventory, the Collateral Agent has a perfected security interest which is prior and superior to all security interests, claims, and encumbrances.

(b) Eligible L/C Inventory.

(c) Eligible In-Transit Inventory.

Without limiting the foregoing, “Eligible Inventory” shall not include (i) direct shipment inventory; (ii) inventory which cannot be sold including, without limitation, any non-merchandise inventory (such as labels, bags, and packaging materials, etc.); (iii) “dummy warehouse inventory”; (iv) damaged goods, return to vendor merchandise, packaways, consigned inventory, samples and other similar categories; (v) inventory which is the subject of a store closing, liquidation, going-out-of-business or similar sale, as to which in each case, any Loan Party has received an initial payment of the guaranteed price from the Person conducting the sale; and (vi) inventory in locations outside the United States or Canada (except for Eligible L/C Inventory) and in locations in the

 

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United States or Canada not under any Loan Party’s control (unless waivers acceptable to the Agents are obtained), provided, however, in no event shall Inventory in locations outside of the United States be Eligible Inventory unless the Agent has a first priority perfected security interest in such Inventory, has established applicable advance rates and Reserves in connection therewith, and has otherwise determined in its discretion that such Inventory is eligible to be included in the Borrowing Base.

Eligible L/C Inventory”: “Eligible L/C Inventory” will be calculated at 75% of the Cost value of such of the Inventory of the Casual Male Companies and RBT (in each case, without duplication as to Eligible Inventory and Eligible In-Transit Inventory ), in each case the purchase of which is supported by a documentary L/C then having an initial expiry of forty-five (45) or less days, provided that

(a) Such Inventory is of such types, character, qualities and quantities (net of Inventory Reserves) as the Administrative Agent in its discretion from time to time determines to be eligible for borrowing; and

(b) The documentary L/C supporting such purchase names the Collateral Agent as consignee of the subject Inventory and the Collateral Agent has control over the documents which evidence ownership of the subject Inventory (such as by the providing to the Collateral Agent of a Customs Brokers Agreement in form reasonably satisfactory to the Collateral Agent).

Employee Benefit Plan”: As defined in ERISA.

Encumbrance”: A Collateral Interest or agreement to create or grant a Collateral Interest; the interest of a lessor under a Capital Lease, conditional sale or other title retention agreement; sale of accounts receivable or chattel paper; or other arrangement pursuant to which any Person is entitled to any preference or priority with respect to the property or assets of another Person or the income or profits of such other Person; and each of the foregoing whether consensual or non-consensual and whether arising by way of agreement, operation of law, legal process or otherwise.

End Date”: The date upon which all of the following conditions are met: (a) all Liabilities (other than continuing representations, warranties and indemnity obligations) have been paid in full; (b) all obligations of any Lender to make loans and advances and to provide other financial accommodations to the Borrowers hereunder shall have been irrevocably terminated; and (c) the arrangements regarding L/Cs described in Section 18.2(b) have been made.

Environmental Laws”: All of the following:

(a) Applicable Law which regulates or relates to, or imposes any standard of conduct or liability on account of or in respect to environmental protection matters, including, without limitation, Hazardous Materials, as are now or hereafter in effect.

 

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(b) The common law relating to damage to Persons or property from Hazardous Materials.

Equipment”: Includes, without limitation, “equipment” as defined in the UCC, and also all furniture, store fixtures, motor vehicles, rolling stock, machinery, office equipment, plant equipment, tools, dies, molds, and other goods, property, and assets which are used and/or were purchased for use in the operation or furtherance of a Person’s business, and any and all accessions or additions thereto, and substitutions therefor.

ERISA”: The Employee Retirement Income Security Act of 1974, as amended.

ERISA Affiliate”: Any Person which is under common control with a Loan Party within the meaning of Section 4001 of ERISA or is part of a group which includes any Loan Party and which would be treated as a single employer under Section 414 of the Internal Revenue Code of 1986, as amended.

Events of Default”: Defined in Article 10. An “Event of Default” shall be deemed to have occurred and to be continuing unless and until that Event of Default has been duly waived by the requisite Lenders or by the Administrative Agent, as applicable.

Excess Availability”: The result of (a) Availability minus (b) all then past due obligations of the Loan Parties including accounts payable which are beyond customary trade terms and rent obligations which are beyond applicable grace periods.

Excess Availability Ratio”: At any time, the ratio, expressed as a percentage, of (a) the Excess Availability at such time, to (b) the lesser of (i) the Revolving Credit Commitments at such time or (ii) the Borrowing Base at such time.

Exempt DDA”: A depository account maintained by any Loan Party, the only contents of which may be transfers from the Operating Account and actually used solely (i) for petty cash purposes; or (ii) for payroll.

Farm Products”: Has the meaning given that term in the UCC.

Fee Letter”: The letter dated December 4, 2006 between Borrowers’ Representative and the Administrative Agent as such letter may from time to time be amended.

Fiscal”: When followed by “month” or “quarter”, it refers to the relevant fiscal period based on the Loan Parties’ fiscal year and accounting conventions (e.g. reference to the Loan Parties’ “Fiscal June, 2007” is to the Loan Parties’ fiscal month of June in the calendar year 2006). When followed by reference to a

 

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specific year, it refers to the fiscal year which ends in a month of the year to which reference is being made (e.g. if the Loan Parties’ fiscal year ends in January 2007 reference to that year would be to the Loan Parties’ “Fiscal 2007”).

5% Subordinated Note”: Collectively, (i) the Designs, Inc. 5% Subordinated Note due April 26, 2007 in the original principal amount of $1,000,000 made by Designs, Inc. to the Kellwood Company, and (ii) the Designs, Inc. 5% Subordinated Note due April 26, 2007 in the original principal amount of $10,000,000 made by Designs, Inc. to the Kellwood Company.

Fixtures”: Has the meaning given that term in the UCC.

GAAP”: Principles which are consistent with those promulgated or adopted by the Financial Accounting Standards Board and its predecessors (or successors) in effect and applicable to that accounting period in respect of which reference to GAAP is being made, provided, however, in the event of a Material Accounting Change, then unless otherwise specifically agreed to by the Administrative Agent, the Borrowers’ Representative shall include, with its monthly, quarterly, and annual financial statements a schedule, certified by the Borrowers’ Representative’s chief financial officer, on which the effect of such Material Accounting Change on that statement shall be described.

General Intangibles”: Includes, without limitation, “general intangibles” as defined in the UCC; and also all: rights to payment for credit extended; deposits; amounts due to any Person; credit memoranda in favor of any Person; warranty claims; tax refunds and abatements; insurance refunds and premium rebates; all means and vehicles of investment or hedging, including, without limitation, options, warrants, and futures contracts; records; customer lists; telephone numbers; goodwill; causes of action; judgments; payments under any settlement or other agreement; literary rights; rights to performance; royalties; license and/or franchise fees; rights of admission; licenses; franchises; license agreements, including all rights of any Person to enforce same; permits, certificates of convenience and necessity, and similar rights granted by any governmental authority; patents, patent applications, patents pending, and other intellectual property; internet addresses and domain names; developmental ideas and concepts; proprietary processes; blueprints, drawings, designs, diagrams, plans, reports, and charts; catalogs; manuals; technical data; computer software programs (including the source and object codes therefor), computer records, computer software, rights of access to computer record service bureaus, service bureau computer contracts, and computer data; tapes, disks, semi-conductors chips and printouts; trade secrets rights, copyrights, mask work rights and interests, and derivative works and interests; user, technical reference, and other manuals and materials; trade names, trademarks, service marks, and all goodwill relating thereto; applications for registration of the foregoing; and all other general intangible property of any Person in the nature of intellectual property; proposals; cost estimates, and reproductions on paper, or otherwise, of any and all

 

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concepts or ideas, and any matter related to, or connected with, the design, development, manufacture, sale, marketing, leasing, or use of any or all property produced, sold, or leased, by any or credit extended or services performed, by any Person, whether intended for an individual customer or the general business of any Person, or used or useful in connection with research by any Person.

Goods”: Has the meaning given that term in the UCC, and also includes all things movable when a Collateral Interest therein attaches and also all computer programs embedded in goods and any supporting information provided in connection with a transaction relating to the program if (i) the program is associated with the goods in such manner that it customarily is considered part of the goods or (ii) by becoming the owner of the goods, a Person acquires a right to use the program in connection with the goods.

Guarantor” and “Guarantors”: Each Person named on EXHIBIT 1.0(b) annexed hereto individually, and the Persons named on EXHIBIT 1.0(b) annexed hereto, collectively.

Guarantor Agreement”: Each instrument and document executed by a Guarantor of the Liabilities to evidence or secure the Guarantor’s guaranty thereof.

Guarantor Default”: Default or breach or the occurrence of any event of default under any Guarantor Agreement.

Hazardous Materials”: Any (a) substance which is defined or regulated as a hazardous material in or under any Environmental Law and (b) oil in any physical state.

Hedge Agreement” means any and all transactions, agreements or documents now existing or hereafter entered into, which provides for an interest rate, credit, commodity or equity swap, cap, floor, collar, forward foreign exchange transaction, currency swap, cross currency rate swap, currency option, or any combination of, or option with respect to, these or similar transactions, for the purpose of hedging the Borrowers’ exposure to fluctuations in interest or exchange rates, loan, credit exchange, security or currency valuations or commodity prices and not for speculative purposes.

Hedge Exposure” means, on any Business Day, the amount, if any, estimated by the Lender or its Affiliate which is party to a Hedge Agreement with a Loan Party in good faith and in a commercially reasonable manner (for which calculations and computations will be provided to such Loan Party at its request) pursuant to methodology set forth in the applicable Hedge Agreement, which would be payable to such Lender or its Affiliate if the Hedge Agreement were terminated as of such Business Day as a result of an event of default (as defined in the Hedge Agreement) with respect to the Loan Party and a payment were due thereunder to the Lender or its Affiliate.

 

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Incremental Availability”: The additional amount available to be borrowed by the Borrowers based upon the difference between the Last Out Borrowing Base and the Borrowing Base, as reflected on the most recent Borrowing Base Certificate delivered by the Borrowers to the Administrative Agent pursuant to Section 5.4 hereof, but in no event an amount greater than the Last Out Commitments.

Indebtedness”: All indebtedness and obligations of or assumed by any Person on account of or with respect to any of the following:

(a) In respect of money borrowed (including any indebtedness which is non-recourse to the credit of such Person but which is secured by an Encumbrance on any asset of such Person) whether or not evidenced by a promissory note, bond, debenture or other written obligation to pay money.

(b) In connection with any letter of credit or acceptance transaction (including, without limitation, the face amount of all letters of credit and acceptances issued for the account of such Person or reimbursement on account of which such Person would be obligated).

(c) In connection with the sale or discount of accounts receivable or chattel paper of such Person.

(d) On account of deposits or advances (but not including any liabilities with respect to Customer Credit Liabilities including gift cards, gift certificates, merchandise credits and/or frequent shopper or other consumer loyalty programs).

(e) As lessee under Capital Leases.

(f) In connection with any sale and leaseback transaction.

“Indebtedness” of any Person also includes:

(x) Indebtedness of others secured by an Encumbrance on any asset of such Person, whether or not such Indebtedness is assumed by such Person.

(y) Any guaranty, endorsement, suretyship or other undertaking pursuant to which that Person may be liable on account of any obligation of any third party other than on account of the endorsement of checks and other items in the ordinary course.

(z) The Indebtedness of a partnership or joint venture for which such Person is liable as a general partner or joint venturer.

 

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Indemnified Person”: Defined in Section 19.12.

Indenture”: the Indenture dated as of November 18, 2003 with respect to the 5% Convertible Senior Subordinated Notes Due January 1, 2024.

Instruments”: Has the meaning given that term in the UCC.

Interest Payment Date”: With reference to:

Each Libor Loan: The last day of the Interest Period relating thereto (and on the last day of the third month for any such loan which has a six (6) month or twelve (12) month Interest Period); the Termination Date; and the End Date.

Each Base Margin Loan: The first day of each month; the Termination Date; and the End Date.

Interest Period”: The following:

(a) With respect to each Libor Loan: Subject to Subsection (c), below, the period commencing on the date of the making or continuation of, or conversion to, the subject Libor Loan and ending one, two, three or six months, and if available to all Lenders, seven or fourteen days or twelve months thereafter, as the Borrowers’ Representative may elect by notice (pursuant to Section 2.7) to the Administrative Agent.

(b) With respect to each Base Margin Loan: Subject to Subsection (c), below, the period commencing on the date of the making or continuation of or conversion to such Base Margin Loan and ending on that date (i) as of which the subject Base Margin Loan is converted to a Libor Loan, as the Borrowers’ Representative may elect by notice (pursuant to Section 2.7) to the Administrative Agent, or (ii) on which the subject Base Margin Loan is paid by the Borrowers.

(c) The setting of Interest Periods is in all instances subject to the following:

(i) Any Interest Period for a Base Margin Loan which would otherwise end on a day which is not a Business Day shall be extended to the next succeeding Business Day.

(ii) Any Interest Period for a Libor Loan which would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day, unless that succeeding Business Day is in the next calendar month, in which event such Interest Period shall end on the last Business Day of the month during which the Interest Period ends.

 

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(iii) Subject to Subsection (iv), below, any Interest Period applicable to a Libor Loan, which Interest Period begins on a day for which there is no numerically corresponding day in the calendar month during which such Interest Period ends, shall end on the last Business Day of the month during which that Interest Period ends.

(iv) Any Interest Period which would otherwise end after the Termination Date shall end on the Termination Date.

(v) The number of Interest Periods in effect at any one time is subject to Section 2.14(d) hereof.

Inventory”: Includes, without limitation, “inventory” as defined in the UCC and also all: (a) Goods which are leased by a Person as lessor; are held by a Person for sale or lease or to be furnished under a contract of service; are furnished by a Person under a contract of service; or consist of raw materials, work in process, or materials used or consumed in a business; (b) Goods of said description in transit; (c) Goods of said description which are returned, repossessed and rejected; (d) packaging, advertising, and shipping materials related to any of the foregoing; (e) all names, marks, and General Intangibles affixed or to be affixed or associated thereto; and (f) Documents and Documents of Title which represent any of the foregoing.

Inventory Purchase Agreement”: The Inventory Purchase Agreement dated October 29, 2004 by and between Designs Apparel, Inc. and the other Loan Parties.

Inventory Reserves”: Such Reserves as may be established from time to time by the Administrative Agent in the Administrative Agent’s reasonable discretion with respect to the determination of the saleability, at Retail, of the Eligible Inventory or which reflect such other factors affecting the market value of the Eligible Inventory. Without limiting the generality of the foregoing, Inventory Reserves may include (but are not limited to) reserves based on the following:

 

  (i) Obsolescence (based upon Inventory on hand beyond a given number of days).

 

  (ii) Seasonality.

 

  (iii) Shrinkage.

 

  (iv) Imbalance.

 

  (v) Change in Inventory character.

 

  (vi) Change in Inventory composition

 

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  (vii) Change in Inventory mix.

 

  (viii) Point of sale markdowns and, to the extent not reflected in Retail, permanent markdowns

 

  (ix) Retail markons and markups inconsistent with prior period practice and performance; industry standards; current business plans; or advertising calendar and planned advertising events.

 

  (x) Consigned Inventory.

Investment Property”: Has the meaning given that term in the UCC.

Issuer”: Bank of America, N.A. or any of its successors.

Last Out Advance Percentage”: At the relevant time of reference thereto, (a) from the Closing Date through but excluding the first anniversary of the Closing Date, 10%, and (b) on and after the first anniversary of the Closing Date, 5%.

Last Out Borrowing Base”: The sum of the Borrowing Base at such time, plus (ii) the applicable Last Out Advance Percentage multiplied by the Appraised Inventory Liquidation Value.

Last Out Commitments”: The aggregate of each Last Out Revolving Lender’s Last Out Revolving Credit Dollar Commitment which as of the Closing Date are in the aggregate sum of $10,000,000.00 and as subject to the change in accordance with the provisions of this agreement.

Last Out Availability”: At any time of determination, the amount that Borrowers are entitled to borrow as Last Out Revolving Loans, being the result of (a) the lesser of (i) the Last Out Commitments and (ii) the Incremental Availability minus (b) the outstanding principal balance of all Last Out Revolving Loans then outstanding.

Last Out Lenders Fees”: The Last Out Commitment Fee, Last Out Unused Line Fee and all other fees (such as a fee (if any) on account of the execution of an amendment of any Loan Document) payable by any Borrower in respect of the Last Out Revolving Loan other than any amount payable to an Agent as reimbursement for any cost or expense incurred by that Agent on account of the discharge of that Agent’s duties under the Loan Documents.

Last Out Revolving Commitment Percentage”: The percentage set forth on EXHIBIT 2.25 hereto as such Last Out Revolving Lender’s percentage of the aggregate Last Out Revolving Commitments of all the Last Out Revolving Lenders.

 

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Last Out Revolving Credit Dollar Commitment” As to each Last Out Revolving Lender, the amount set forth on EXHIBIT 2.25, annexed hereto (as such amounts may change in accordance with the provisions of this Agreement).

Last Out Revolving Lender” Each Lender with a Last Out Revolving Credit Dollar Commitment.

Last Out Revolving Loans”: Loans made by Last Out Revolving Lenders under the Credit Facilities.

Last Out Revolving Note”: Defined in Section 2.12.

Last Out Unused Line Fee”: Is defined in Section 2.18.

L/C”: Any letter of credit, the issuance of which is procured by the Administrative Agent for the account of any Borrower and any acceptance made on account of such letter of credit.

L/C Landing Costs”: To the extent not included in the Stated Amount of an L/C, customs, duty, freight, and other out-of-pocket costs and expenses which will be expended to “land” the Inventory, the purchase of which is supported by such L/C.

Lease”: Any lease or other agreement, no matter how styled or structured, pursuant to which a Loan Party is entitled to the use or occupancy of any space.

Leasehold Interest”: Any interest of a Loan Party as lessee under any Lease.

Lender”: Collectively and each individually, each Revolving Credit Lender and each Last Out Revolving Lender.

Lenders’ Special Counsel”: A single counsel selected by Lenders holding more than 51% of the Total Commitments (other than any Loan Commitments held by Delinquent Lenders) following the occurrence of an Event of Default to represent their interests in connection with the enforcement, attempted enforcement, or preservation of any rights and remedies under this, or any other Loan Document.

Letter-of-Credit Right”: Has the meaning given that term in the UCC and also refers to any right to payment or performance under any letter of credit, whether or not the beneficiary has demanded or is at the time entitled to demand payment or performance.

Liabilities”: (a) Any and all direct and indirect liabilities, debts, and obligations of each Borrower to any Agent, any Lender, or any Secured Party, each of every kind, nature, and description owing on account of this Agreement or any other Loan Document, whether now existing or hereafter arising under this Agreement or under any of the other Loan Documents, including, without limitation, the following:

 

  (i) Each obligation to repay any loan, advance, indebtedness, note, obligation, overdraft, or amount now or hereafter owing by any Borrower to any Agent or any Lender (including all future advances whether or not made pursuant to a commitment by any Agent or any Lender), whether or not any of such are liquidated, unliquidated, primary, secondary, secured, unsecured, direct, indirect, absolute, contingent, or of any other type, nature, or description, or by reason of any cause of action which any Agent or any Lender may hold against any Borrower.

 

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(ii) All notes and other obligations of each Borrower now or hereafter assigned to or held by any Agent or any Lender, each of every kind, nature, and description

(iii) All debts, liabilities and obligations now or hereafter arising from or in connection any and all Hedge Agreements, including but not limited any Hedge Exposure.

(iv) All interest, fees, and charges and other amounts which may be charged by any Agent or any Lender to any Borrower and/or which may be due from any Borrower to any Agent or any Lender from time to time.

(v) All costs and expenses incurred or paid by any Agent in respect of any agreement between any Borrower and any Agent or instrument furnished by any Borrower to any Agent (including, without limitation, Costs of Collection, reasonable attorneys’ fees, and all court and litigation costs and expenses).

(vi) Any and all covenants of each Borrower to or with any Agent or any Lender and any and all obligations of each Borrower to act or to refrain from acting in accordance with any agreement between that Borrower and any Agent or any Lender or instrument furnished by that Borrower to any Agent or any Lender.

(vii) Each of the foregoing as if each reference to “any Agent or any Lender” were to each Affiliate of the Administrative Agent.

(b) Any and all direct or indirect liabilities, debts, and obligations of each Borrower to any Agent or any Affiliate of any Agent, each of every kind, nature, and description owing on account of any service or accommodation provided to, or for the account of any Borrower pursuant to this or any other Loan Document, including cash management services and the issuances of L/C’s.

 

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Libor Business Day”: Any day which is both a Business Day and a day on which the principal interbank market for Libor deposits in London in which Bank of America participates is open for dealings in United States Dollar deposits.

Libor Loan”: Any Loan which bears interest at a Libor Rate.

Libor Margin”: As determined from the definition of Applicable Margin.

Libor Offer Rate”: That rate of interest (rounded upwards, if necessary, to the next 1/100 of 1%) determined by the Administrative Agent in good faith to be the highest prevailing rate per annum at which deposits on U.S. Dollars are offered to Bank of America by first-class banks in the London interbank market in which Bank of America participates at or about 10:00 AM (Boston Time) two (2) Libor Business Days before the first day of the Interest Period for the subject Libor Loan, for a deposit approximately in the amount of the subject loan for a period of time approximately equal to such Interest Period.

Libor Rate”: That per annum rate which is the aggregate of the Libor Offer Rate plus the Libor Margin except that, in the event that the Administrative Agent determines in good faith that any Lender may be subject to the Reserve Percentage, the “Libor Rate” shall mean, with respect to any Libor Loans then outstanding (from the date on which that Reserve Percentage first became applicable to such loans), and with respect to all Libor Loans thereafter made so long as any Lender is subject to the Reserve Percentage, an interest rate per annum equal the sum of (a) plus (b), where:

(a) is the decimal equivalent of the following fraction:

Libor Offer Rate

1 minus Reserve Percentage

(b) is the applicable Libor Margin.

Liquidation”: The exercise, by the Collateral Agent, of those rights accorded to the Collateral Agent under the Loan Documents as a creditor of the Loan Parties following and on account of the occurrence of an Event of Default looking towards the realization on the Collateral. Derivations of the word “Liquidation” (such as “Liquidate”) are used with like meaning in this Agreement.

Loan”: A Revolving Credit Loan or Last Out Revolving Loan.

Loan Account”: Is defined in Section 2.10.

Loan Commitment”: With respect to each Revolving Credit Lender, that respective Revolving Credit Lender’s Revolving Credit Dollar Commitment. With respect to each Last Out Revolving Lender, that respective Last Out Revolving Lender’s Last Out Revolving Credit Dollar Commitment.

 

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Loan Documents”: This Agreement, each instrument and document executed as contemplated by the Original Agreement and by Article 4, below, and each other instrument or document from time to time executed and/or delivered in connection with the arrangements contemplated hereby or in connection with any transaction with the Administrative Agent or the Collateral Agent or any Affiliate of the Administrative Agent or the Collateral Agent, including, without limitation, any transaction which arises out of any cash management, depository, investment, letter of credit, interest rate protection, or equipment leasing services provided by the Administrative Agent or the Collateral Agent or any Affiliate of the Administrative Agent or the Collateral Agent, as each may be amended from time to time.

Loan Party and Loan Parties”: Each Borrower and each Guarantor.

Majority Lenders”: Lenders (other than Delinquent Lenders) holding 51% or more of the Total Commitments (other than any Loan Commitments held by Delinquent Lenders).

Material Accounting Change”: Any change in GAAP applicable to accounting periods subsequent to the Loan Parties’ Fiscal year most recently completed prior to the execution of this Agreement, which change has a material effect on the Loan Parties’ Consolidated financial condition or operating results, as reflected on financial statements and reports prepared by or for the Loan Parties, when compared with such condition or results as if such change had not taken place or where preparation of the Loan Parties’ statements and reports in compliance with such change.

Maturity Date”: October 29, 2008.

Moody’s” means Moody’s Investors Service, Inc. and any successor thereto.

Nominee”: A business entity (such as a corporation or limited partnership) formed by the Collateral Agent to own or manage any Post Foreclosure Asset.

NonConsenting Lender”: Defined in Section 15.11.

Operating Account”: Defined in Section 7.3.

Original Agreement:”: Defined in the Preamble.

OverLoan”: A loan, advance, or providing of credit support (such as the issuance of any L/C) to the extent that, immediately after its having been made, Availability is less than zero.

Participant”: Is defined in Section 19.15, hereof.

 

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Payment Intangible”: Has the meaning given that term in the UCC and also refers to any general intangible under which the Account Debtor’s primary obligation is a monetary obligation.

Percentage Commitments”: The Revolving Credit Commitment Percentage and/or the Last Out Revolving Commitment Percentage as applicable.

Permitted Acquisition”: An Acquisition complying with the following:

(A) Such Acquisition shall be of assets ancillary, incidental or necessary to the retail sale of apparel and related activities, or of 100% of the stock of a corporation whose assets consist substantially of such assets, or through the merger of such a corporation with a Loan Party (with a Loan Party as the surviving corporation), or with a Subsidiary of a Loan Party where, after giving effect to such merger, such corporation becomes a wholly-owned Subsidiary of a Loan Party;

(B) If such Acquisition includes the acquisition of assets by, or the merger of, a Loan Party, there shall have been no change in the identity of the president, chief financial officer or any executive vice president of such Loan Party as a consequence of such acquisition, or if there has been such a change, the Administrative Agent shall have consented in writing to such change in identity within thirty (30) days thereafter (which consent shall not be unreasonably withheld or delayed); and

(C) If a new Subsidiary is formed or acquired as a result of such Acquisition, such Subsidiary shall execute documentation, reasonably satisfactory in form and substance to the Administrative Agent, guarantying payment and performance of the Liabilities and granting a first lien, subject only to Permitted Encumbrances, in its assets in favor of the Collateral Agent, for the ratable benefit of the Lenders.

Permitted Asset Disposition”: A sale or other disposition of the assets of any Loan Party in the ordinary course, so long as the following conditions are satisfied:

(a) The sale, liquidation or other disposition of Inventory at any locations from which a Loan Party determines to cease the conduct of its business, (i) shall be on terms satisfactory to the Administrative Agent and (ii) notwithstanding the Administrative Agent’s furnishing of any such consent, the Administrative Agent may, in the exercise of its reasonable discretion, impose Inventory Reserves as a result of the occurrence of any such sale, liquidation, or disposition;

 

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(b) The aggregate of all such sales or other dispositions of assets during the term of this Agreement shall not exceed five percent (5%) of the value of all assets of Casual Male as of the Closing Date;

(c) Each such sale or other disposition shall be for fair consideration in an arm’s length transaction; and

(d) On the date on which any sale or other disposition of assets is consummated, no Default shall have occurred and be continuing or will occur as a result of such consummation.

Permitted Encumbrances”: The following:

(a) Encumbrances described on EXHIBIT 1.1 hereto.

(b) Encumbrances on properties to secure taxes, assessments and other government charges or claims for labor, material or supplies in respect of obligations not then overdue; deposits or pledges made in connection with, or to secure payment of, workmen’s compensation, unemployment insurance, old age pensions or other social security obligations; Encumbrances on property hereafter acquired (either in connection with purchase money encumbrances, rental purchase agreements, including Capital Leases, or conditional sale or other title retention agreements), which are restricted to the property so acquired and do not secure Indebtedness exceeding the fair value (at the time of acquisition) thereof; Encumbrances of carriers, warehousemen, mechanics and materialmen, and other like Encumbrances in existence less than 90 days from the date of creation thereof in respect of obligations not overdue; and Encumbrances on properties consisting of easements, rights of way, zoning restrictions, restrictions on the use of real property and defects and irregularities in the title thereto, landlord’s or lessor’s Encumbrances under leases to which any Loan Party is a party, and other minor Encumbrances or encumbrances none of which interferes materially with the use of the property affected in the ordinary conduct of the business of the Loan Parties, which defects do not individually or in the aggregate have a materially adverse effect on the business of any Loan Party individually or of the Loan Parties as a whole or which are being actively contested in good faith by appropriate proceedings as to which the Loan Parties have established reasonable reserves, it being understood, however, that the filing of a tax lien which includes any Inventory or Accounts does not constitute a “Permitted Encumbrance”, even if being so contested.

Permitted Indebtedness”: The following Indebtedness:

 

  (a) Indebtedness on account of the Credit Facilities.

 

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  (b) Indebtedness on account of the Subordinated Indebtedness, or Indebtedness on account of refinancing of the Subordinated Indebtedness, which Indebtedness is on similar terms as the existing Subordinated Indebtedness, is subordinate to the payment of the Liabilities upon terms acceptable to the Administrative Agent in its reasonable discretion, and is otherwise acceptable to the Administrative Agent in its reasonable discretion.

 

  (c) Indebtedness on account of the Convertible Notes, or Indebtedness on account of refinancing of the Convertible Notes, which Indebtedness is on similar terms as the Indenture, is subordinate to the payment of the Liabilities, and is otherwise acceptable to the Administrative Agent in its reasonable discretion.

 

  (d) Rochester Indebtedness

 

  (e) Capital Leases and purchase money Indebtedness secured by Permitted Encumbrances.

 

  (f) Indebtedness assumed in connection with Permitted Acquisitions pursuant to Section 4.21 (it being understood that the principal amount so assumed shall be deemed part of the purchase price of any such Permitted Acquisition) and any refinancing or replacement thereof on terms and conditions (including, without limitation, interest rate and providing that, in any event, the principal amount thereof shall not exceed that outstanding on the date of refinance or replacement) at least as favorable as those being refinanced or replaced.

 

  (g) Intercompany Indebtedness permitted under Section 4.22.

 

  (h) Indebtedness arising with respect to any Hedge Agreement.

 

  (i) Indebtedness arising from a guaranty by a Loan Party of the Indebtedness of a Borrower with respect to a Borrower’s ordinary course trade payables.

 

  (j) Indebtedness on account of the Canton Lease.

“Permitted Investments”: Any or all of the following:

(a) marketable direct full faith and credit obligations of, or marketable obligations guaranteed by, the United States of America; provided that such securities, as a group, may not, on the date of determination, have a remaining weighted average maturity of more than five years;

 

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(b) marketable direct full faith and credit obligations of States of the United States or of political subdivisions or agencies; provided that such securities, as a group, may not, on the date of determination, have a remaining weighted average maturity of more than five years; and provided, further, that such obligations carry a rating of “A” or better by a Rating Service;

(c) certificates of deposit and bankers acceptances maturing within one year after the acquisition thereof issued by (i) Bank of America; or (ii) any commercial bank organized under the laws of the United States of America or of any political subdivision thereof the long term obligations of which are rated “A” or better by a Rating Service;

(d) Eurodollar certificates of deposit maturing within one year after the acquisition thereof issued by any commercial bank having combined capital, surplus and undivided profits of at least $1 billion;

(e) tax-exempt bonds or notes which have a remaining maturity at the time of purchase of no more than five years issued by any State of the United States or the District of Columbia, or any political subdivision thereof; provided, that such obligations carry a rating of “A” or better by a Rating Service;

(f) the Term Note made payable by LP Innovations Acquisition Corp. to LP Innovations, Inc. dated as of April 25, 2006 in the original principal amount of $2,200,000.00, which note is currently held by Canton PL liquidating Corp.; and

(g) commercial paper issued by any Person organized under the laws of any state of the United States of America and rated at least “Prime-1” (or the then equivalent grade) by Moody’s or at least “A-1” (or the then equivalent grade) by S&P, in each case with maturities of not more than 180 days from the date of acquisition thereof;

(h) fully collateralized repurchase agreements with a term of not more than thirty (30) days for securities described in clause (a) above (without regard to the limitation on maturity contained in such clause) and entered into with a financial institution satisfying the criteria described in clause (c) above or with any primary dealer and having a market value at the time that such repurchase agreement is entered into of not less than 100% of the repurchase obligation of such counterparty entity with whom such repurchase agreement has been entered into;

(i) Investments, classified in accordance with GAAP as current assets of the Loan Parties, in any money market fund, mutual fund, or other investment companies that are registered under the Investment

 

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Company Act of 1940, as amended, which are administered by financial institutions that have the highest rating obtainable from either Moody’s or S&P, and which invest substantially in one or more of the types of securities described in clauses (a), (b), (c) or (g) above.

Permitted Protective OverAdvance” Is defined in Section 15.3(a).

Permitted Repurchase”: The repurchase, repayment, redemption, or acquisition by the Borrowers of Casual Male’s capital stock or the Convertible Notes, provided, that (i) as of the date of such repurchase, repayment, redemption, or acquisition, and immediately after giving effect thereto, there exists no Default; (ii) as of the date of such repurchase, repayment, redemption, or acquisition and immediately after giving effect thereto, the Total Facility Usage Ratio does not exceed 80% as determined by the Agent based upon the most recent Borrowing Base Certificate delivered to the Agent pursuant to Section 5.4 of the Loan Agreement; and (iii) the Borrowers’ Representative has delivered to the Agent contemporaneously with the quarterly officers certificate delivered pursuant to Section 5.6 of the Loan Agreement pro forma financial projections on a monthly basis demonstrating immediately after giving effect to all repurchases, repayments, redemptions, or acquisitions, the Total Facility Usage Ratio would not exceed 80% as determined on a pro forma basis over the twelve (12) months next following the month during which the repurchase, repayment, redemption, or acquisition, occurs which projections are in form and substance satisfactory to the Agent and are based on reasonable projections of the financial performance of the Borrowers and are accompanied by a certificate of the Borrowers’ Representative’s Chief Executive Officer, President or Chief Financial Officer certifying that such projections are accurate and complete, provided, that at any time the actual repurchases, repayments, redemptions, or acquisitions, made during any Fiscal quarter exceed those projected to be made for such Fiscal quarter as set forth in the certificate described in clause (iii) hereof, Borrowers’ Representatives shall promptly deliver to the Agent updated monthly pro forma financial projections demonstrating compliance with the requirements set forth in clause (iii) hereof based on the actual repurchases, repayments, redemptions, or acquisitions made together with a certificate of the Borrowers’ Representative’s Chief Executive Officer, President or Chief Financial Officer certifying the updated projections as accurate and complete.

Person”: Any natural person, and any corporation, limited liability company, trust, partnership, joint venture, or other enterprise or entity.

Post Foreclosure Asset”: All or any part of the Collateral, ownership of which is acquired by the Collateral Agent or a Nominee on account of the “bidding in” at a disposition as part of a Liquidation or by reason of a “deed in lieu” type of transaction.

 

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Proceeds”: Includes, without limitation, “Proceeds” as defined in the UCC and each type of property described in Section 8.1 hereof.

Pro-Rata”: A proportional distribution based upon a Lender’s percentage claim to the overall aggregate amount being distributed.

Protective OverAdvances”: Revolving Credit Loans which are OverLoans, but as to which each of the following conditions is satisfied: (a) the Revolving Credit Commitments are not exceeded; (b) when aggregated with all other Protective OverAdvances, such Revolving Credit Loans do not aggregate more than 5% of the aggregate of the Borrowing Base; and (c) such Revolving Credit Loans are made or undertaken in the Agents’ discretion to protect and preserve the interests of the Lenders.

RBT”: Collectively Casual Male RBT, LLC and Casual Male RBT (U.K.), LLC.

Receipts”: All cash, cash equivalents, money, checks, credit card slips, receipts and other Proceeds from any sale of the Collateral.

Register”: Is defined in Section 16.2(c).

Requirements of Law”: As to any Person:

(a) Applicable Law.

(b) That Person’s organizational documents.

(c) That Person’s by-laws and/or other instruments which deal with corporate or similar governance, as applicable.

Reserve Percentage”: The decimal equivalent of that rate applicable to any Lender under regulations issued from time to time by the Board of Governors of the Federal Reserve System for determining the maximum reserve requirement of Lender with respect to “Eurocurrency liabilities” as defined in such regulations. The Reserve Percentage applicable to a particular Libor Loan shall be based upon that in effect during the subject Interest Period, with changes in the Reserve Percentage which take effect during such Interest Period to take effect (and to consequently change any interest rate determined with reference to the Reserve Percentage) if and when such change is applicable to such loans.

Reserves”: The following: Availability Reserves and Inventory Reserves.

Retail”: As reflected in a Loan Party’s stock ledger, being the current ticket price aggregated by SKU, except that to the extent that Eligible Inventory is not reflected in the stock ledger, in which case “Retail” shall be determined as tracked on such non stock ledger inventory systems of a Loan Party which are deemed adequate for such purpose by the Administrative Agent in the exercise of the Administrative Agent’s discretion.

 

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Revolving Credit Commitments”: The aggregate of each Revolving Credit Lender’s Revolving Credit Dollar Commitment which as of the Closing Date is $100,000,000.00.

Revolving Credit Dollar Commitment”: As to each Revolving Credit Lender, the amount set forth on EXHIBIT 2.25, annexed hereto (as such amounts may change in accordance with the provisions of this Agreement).

“Revolving Credit Fees”: The Revolving Credit Unused Line Fee, Commitment Fee, fees for L/C’s which are specifically for the account of the Revolving Credit Lenders and all other fees (such as a fee (if any) on account of the execution of an amendment of a Loan Document) payable by any Borrower in respect of the Revolving Credit Loans other than any amount payable to an Agent as reimbursement for any cost or expense incurred by that Agent on account of the discharge of that Agent’s duties under the Loan Documents.

Revolving Credit Lenders”: Each Revolving Credit Lender to which reference is made in the Preamble and any other Person who becomes a “Revolving Credit Lender” in accordance with the provisions of this Agreement.

Revolving Credit Loans”: Loans made by the Revolving Credit Lenders under the Credit Facilities.

Revolving Credit Note”: Is defined in Section 2.11.

Revolving Credit Obligations”: The aggregate of the Borrowers’ liabilities, obligations, and indebtedness of any character on account of or in respect of the Revolving Credit Loans under the Credit Facilities.

Revolving Credit Percentage Commitment”: As to each Revolving Credit Lender, the amount set forth on EXHIBIT 2.25, annexed hereto (as such amounts may change in accordance with the provisions of this Agreement).

Revolving Credit Unused Line Fee”: Is defined in Section 2.18

Rochester Acquisition”: The acquisition by Casual Male and certain of its Affiliates of substantially all of the assets of Rochester Big and Tall in accordance with the terms of the Rochester Acquisition Agreement.

Rochester Acquisition Agreement”: The Asset Purchase Agreement dated as of August 18,2004 among Rochester Big and Tall and certain of its Affiliates and Casual Male and certain of its Affiliates, as amended from time to time with the consent of the Agent.

 

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Rochester Big and Tall”: Rochester Big and Tall Clothing, Inc.

Rochester Indebtedness”: Indebtedness under Section 2.5.3 of the Rochester Acquisition Agreement.

SEC”: The Securities and Exchange Commission.

Secured Parties”: Collectively and each individually, the Lenders, the Agent, and Issuer.

S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc. and any successor thereto

Stated Amount”: The maximum amount for which an L/C may be honored.

Store”: Each location at which a Loan Party regularly offers Inventory for sale to the public.

Subordinated Indebtedness”: Includes (i) the Indebtedness evidenced by the 5% Subordinated Note; and (ii) the Indebtedness evidenced by the Convertible Notes.

Subordination Agreements”: The several Subordinated Agreements between the holders of the 5% Subordinated Note, on the one hand, and Fleet Retail Group, Inc, and the Borrowers, on the other hand, each dated as of May 14, 2002.

Subsidiary”: With respect to any Person, any corporation, partnership or other entity of which securities or other ownership interests having ordinary voting power to elect a majority of the board of directors or other Persons performing similar functions are at the time directly or indirectly owned by such Person.

SuperMajority Lenders”: Lenders (other than Delinquent Lenders) holding 66 2/3% or more of the Total Commitments (other than Loan Commitments held by a Delinquent Lender).

SuperMajority Revolving Credit Lenders”: Revolving Credit Lenders (other than Delinquent Lenders) holding 66-2/3% or more of the Revolving Credit Commitments (other than such Loan Commitments held by a Delinquent Lender).

Supporting Obligation”: Has the meaning given that term in UCC and also refers to a Letter-of-Credit Right or secondary obligation which supports the payment or performance of an Account, Chattel Paper, a Document, a General Intangible, an Instrument, or Investment Property.

SwingLine”: The facility pursuant to which the SwingLine Lender may advance Revolving Credit Loans aggregating up to the SwingLine Loan Ceiling.

SwingLine Lender”: Bank of America, N.A.

 

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SwingLine Loan Ceiling”: $15,000,000.

SwingLine Loans”: Defined in Section 2.9.

Termination Date”: The earliest of (a) the Maturity Date; or (b) the Administrative Agent’s notice to the Borrowers’ Representative setting the Termination Date on account of the occurrence of any Event of Default; or (c) a date, irrevocable written notice of which is provided by the Borrowers’ Representative to the Administrative Agent, which is at least ninety (90) days after the date of such written notice.

Total Commitments”: means the aggregate of the Last Out Commitments and the Revolving Credit Commitments.

Total Facility Usage”: At any time, the sum of the Revolving Credit Loans outstanding, the SwingLine Loans outstanding, the aggregate undrawn Stated Amount of all then outstanding L/Cs and the Last Out Revolving Loans outstanding.

Total Facility Usage Ratio”: The ratio, expressed as a percentage, of (a) at any time when any Last Out Revolving Loans are outstanding, (i) the Total Facility Usage at such time, to (ii) the lesser of (A) the Total Commitments at such time, or (B) the Last Out Borrowing Base at such time and (b) at all other times, (i) the Total Revolving Facility Usage at such time, to (ii) the lesser of (A) the Revolving Loan Commitments at such time or (B) the Borrowing Base at such time.

Total Revolving Facility Usage”: At any time, the sum of the Revolving Credit Loans outstanding, the aggregate undrawn Stated Amount of all then outstanding L/Cs and the SwingLine Loans outstanding.

Transfer”: Wire transfer pursuant to the wire transfer system maintained by the Board of Governors of the Federal Reserve Board, or as otherwise may be agreed to from time to time by the Administrative Agent making such Transfer and the subject Revolving Credit Lender. Wire instructions may be changed in the same manner that Notice Addresses may be changed (Section 17.1), except that no change of the wire instructions for Transfers to any Revolving Credit Lender shall be effective without the consent of the Administrative Agent.

Type”: As to any Loan, its nature as a Base Rate Loan or a LIBOR Rate Loan.

UCC”: The Uniform Commercial Code as in effect from time to time in Massachusetts.

Unanimous Consent”: Consent of Lenders (other than Delinquent Lenders) holding 100% of the Total Commitments (other than Loan Commitments held by a Delinquent Lender).

 

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Unused Line Fee”: Is defined in Section 2.18.

ARTICLE 2 - COMMITMENTS AND CREDIT EXTENSIONS:

2.1. ESTABLISHMENT OF CREDIT FACILITIES.

(a) The Lenders hereby establish the revolving line of credit and the last out revolving credit facility (collectively, the “Credit Facilities”) in the Borrowers’ favor pursuant to which each Lender, subject to, and in accordance with, this Agreement, acting through the Administrative Agent, shall make loans and advances and otherwise provide financial accommodations to and for the account of the Borrowers as provided herein.

(b) Loans, advances, and financial accommodations under the Credit Facilities shall be subject to Availability and Last Out Availability, as applicable. The Borrowing Base, Last Out Borrowing Base, Availability and Last Out Availability shall be determined by the Administrative Agent by reference to Borrowing Base Certificates furnished as provided in Section 5.4, below, and shall be subject to the following:

(i) Such determination shall take into account such Reserves as the Administrative Agent may determine as being applicable thereto.

(ii) The Cost of Eligible Inventory will be calculated in a manner consistent with current tracking practices, based on stock ledger inventory at Cost.

(c) The commitment of each Lender to provide such loans, advances, and financial accommodations is subject to Section 2.25.

(d) The proceeds of borrowings under the Credit Facilities shall be used solely as follows:

(i) For the Borrowers’ working capital needs and general corporate purposes.

(ii) For advances by the Borrowers to Guarantors to finance the purchases by Guarantors of Inventory pursuant to the Inventory Purchase Agreement and to permit such Guarantors to pay ordinary course operating expenses (including, without limitation, rent, utilities and taxes).

(iii) For Capital Expenditures to the extent permitted by this Agreement.

(iv) For Permitted Repurchases in accordance with the terms and conditions of this Agreement.

 

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2.2. ADVANCES IN EXCESS OF BORROWING BASE (OVERLOANS).

(a) No Revolving Credit Lender has any obligation to make any loan or advance, or otherwise to provide any credit to or for the benefit of the Borrowers where the result of such loan, advance, or credit is an OverLoan.

(b) The Revolving Credit Lenders’ obligations, among themselves, are subject to Section 12.3(a) (which relates to each Revolving Credit Lender’s making amounts available to the Administrative Agent) and to Section 15.3(a) (which relates to Protective OverAdvances).

(c) The Revolving Credit Lenders’ providing of an OverLoan on any one occasion does not affect the obligations of each Borrower hereunder (including each Borrower’s obligation to immediately repay any amount which otherwise constitutes an OverLoan) nor obligate the Revolving Credit Lenders to do so on any other occasion.

2.3. INITIAL RESERVES. CHANGES TO RESERVES.

(a) At the execution of this Agreement, the only Reserves are as reflected on the Borrowing Base Certificate, a specimen of which is annexed hereto as EXHIBIT 5.4.

(b) The Administrative Agent shall provide not less than seven (7) days prior notice to the Borrowers’ Representative of the establishment of any Reserve (other than those established at the execution of this Agreement) except that the following may be undertaken without such prior notice:

(i) a change to the amount of a then existing Reserve (as distinguished from a change by which such Reserve is measured or determined), which change reflects the Administrative Agent’s reasonable determination of changed circumstances (e.g. the amount of the Reserve for Customer Credit Liability will change based on the aggregate of Customer Credit Liability at any one time); and

(ii) the creation of, or a change to an existing, Reserve on account of circumstances which the Administrative Agent determines as having a material adverse change on the maintenance of loan to collateral values.

2.4. RISKS OF VALUE OF COLLATERAL. The Administrative Agent’s reference to a given asset in connection with the making of loans, credits, and advances and the providing of financial accommodations under the Credit Facilities and/or the monitoring of compliance with the provisions hereof shall not be deemed a determination by the Administrative Agent or any Lender relative to the actual value of the asset in question. All risks concerning the value of the Collateral are and remain upon the Borrowers. All Collateral secures the prompt, punctual, and faithful performance of the Liabilities whether or not relied upon by the Administrative Agent in connection with the making of loans, credits, and advances and the providing of financial accommodations under the Credit Facilities.

2.5. COMMITMENT TO MAKE REVOLVING CREDIT LOANS AND SUPPORT LETTERS OF CREDIT. Subject to the provisions of this Agreement, the Revolving Credit Lenders shall make a loan or advance under the Credit Facilities and the Administrative Agent shall cause L/C’s to be issued for the account of the Borrowers’ Representative, in each instance if duly and timely requested by the Borrowers’ Representative as provided herein provided that:

(a) No OverLoan is then outstanding and none will result therefrom.

 

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(b) No Default has occurred and is continuing or will occur as a result of the borrowing of such loan or advance or the issuance of such L/C.

(c) Notwithstanding the foregoing, (a) the Borrowers shall not request, and the Revolving Credit Lenders shall not advance, any Revolving Credit Loans (other than (x) SwingLine Loans and (y) Revolving Credit Loans used to reimburse a draw on a Letter of Credit) at any time when (i) the Excess Availability Ratio is less than 50% and (ii) there exists any Last Out Availability and (b) at any time when any Last Out Revolving Loans are outstanding, the Borrowers shall not request, and the Revolving Credit Lenders shall not advance, any additional Revolving Credit Loans unless the Last Out Availability equals zero.

2.6. COMMITMENT TO MAKE LAST OUT REVOLVING LOANS.

Subject to the terms and conditions set forth in this Agreement, each of the Last Out Revolving Lenders agrees to lend to the Borrowers and the Borrowers may borrow, repay (subject to Section 2.13), and reborrow such Last Out Revolving Loans up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Last Out Revolving Lender’s Last Out Revolving Credit Dollar Commitment, provided that (in each case, after giving effect to all amounts requested) (a) the Last Out Availability shall not be less than zero, and (b) the Aggregate Availability shall not be less than zero.

(a) The Borrowers shall borrow Last Out Revolving Loans in an amount equal to the Last Out Availability at any time when (a) the Excess Availability Ratio is less than 50% and (b) there exists any Last Out Availability, prior to any additional borrowings of Revolving Credit Loans, SwingLine Loans or the issuance or amendment of an L/C. If at any time when Last Out Revolving Loans are outstanding and Last Out Availability is great than zero, the Borrowers shall borrow additional Last Out Revolving Loans in an amount required so that the Last Out Availability equals zero.

(b) The Last Out Revolving Loans shall be made pro rata in accordance with each Last Out Revolving Lender’s Last Out Revolving Commitment Percentage.

2.7. LOAN REQUESTS.

(a) Requests for loans and advances under this Agreement or for the continuance or conversion of an interest rate applicable to a Loan may be requested by the Borrowers’ Representative in such manner as may from time to time be reasonably acceptable to the Administrative Agent.

(b) Subject to the provisions of this Agreement, the Borrowers’ Representative may request a Loan and elect an interest rate and Interest Period to be applicable to that Loan by giving notice to the Administrative Agent by no later than the following:

(i) If such Loan is to be or is to be converted to a Base Margin Loan: By 1:00 PM on the Business Day prior to the Business Day on which the subject Revolving Credit Loan is to be made or is to be so converted. Base Margin Loans requested by the Borrowers’ Representative, other than those resulting from the conversion of a Libor Loan, shall not be less than $100,000.00.

 

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(ii) If such Loan is to be, or is to be continued as, or converted to, a Libor Loan: By 1:00 PM three (3) Libor Business Days before the commencement of any new Interest Period or the end of the then applicable Interest Period. Libor Loans and conversions to Libor Loans shall each be not less than $1,000,000.00 and in increments of $100,000.00 in excess of such minimum.

(iii) Any Libor Loan which matures while a Default has occurred and is continuing shall be converted, at the option of the Administrative Agent, to a Base Margin Loan notwithstanding any notice from the Borrowers’ Representative that such Loan is to be continued as a Libor Loan.

(c) Any request for a Loan or for the continuance or conversion of an interest rate applicable to a Loan which is made after the applicable deadline therefore, as set forth above, shall be deemed to have been made at the opening of business on the then next Business Day or Libor Business Day, as applicable. Each request for a Loan or for the conversion of a Loan shall be made in such manner as may from time to time be acceptable to the Administrative Agent.

(d) The Borrowers’ Representative may request that the Administrative Agent cause the issuance by the Issuer of L/C’s for the account of a Borrower as provided in Section 2.20.

(e) The Administrative Agent may rely on any request for a loan or advance, or other financial accommodation under the Agreement which the Administrative Agent, in good faith, believes to have been made by a Person duly authorized to act on behalf of the Borrowers’ Representative and may decline to make any such requested loan or advance, or issuance, or to provide any such financial accommodation pending the Administrative Agent’s being furnished with such documentation concerning that Person’s authority to act as reasonably may be satisfactory to the Administrative Agent.

(f) A request by the Borrowers’ Representative for a loan or advance, or other financial accommodation under this Agreement shall be irrevocable and shall constitute certification by each Borrower that as of the date of such request, each of the following is true and correct:

(i) There has been no material adverse change in the Loan Parties’ financial condition (taken as a whole) from the most recent financial information furnished Administrative Agent or any Lender pursuant to this Agreement.

(ii) Each representation, not relating to a specific date, which is made herein or in any of the Loan Documents is then true and correct in all material respects as of and as if made on the date of such request (except (A) to the extent of changes resulting from transactions contemplated or permitted by this Agreement or the other Loan Documents and changes occurring in the ordinary course of business which singly or in the aggregate are not materially adverse and (B) to the extent that such representations and warranties expressly relate to a then earlier date).

 

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(iii) Unless accompanied by the Certificate of the Borrowers’ Representative’s Chief Executive Officer, President, or Chief Financial Officer describing (in reasonable detail) the facts and circumstances thereof and the steps (if any) being taken to remedy such condition, no Default has occurred and is continuing.

(g) If, at any time or from time to time, a Default shall occur:

(i) The Administrative Agent may suspend the Borrowers right to request Loans, SwingLine Loans, or L/Cs immediately, in which event, neither the Administrative Agent nor any Lender shall be obligated during such suspension, to make any loan or advance, or to provide any financial accommodation hereunder or to seek the issuance of any L/C.

(ii) The Administrative Agent may suspend the right of the Borrowers’ Representative to request any Libor Loan or to convert any Base Margin Loan to a Libor Loan.

2.8. MAKING OF LOANS.

(a) A loan or advance under this Agreement shall be made by the transfer of the proceeds of such loan or advance to the Operating Account or as otherwise instructed by the Borrowers’ Representative.

(b) A loan or advance shall be deemed to have been made under this Agreement (and the Borrowers shall be indebted to the Administrative Agent and the Lenders for the amount thereof immediately) at the following:

(i) The Administrative Agent’s initiation of the transfer of the proceeds of such loan or advance in accordance with the Borrowers’ Representative’s instructions (if such loan or advance is of funds requested by the Borrowers’ Representative).

(ii) The charging of the amount of such loan to the Loan Account (in all other circumstances).

(c) There shall not be any recourse to or liability of any Agent or any Lender on account of:

(i) Any delay, beyond the reasonable control of the Agents and the Lenders, in the making of any loan or advance requested under this Agreement.

 

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(ii) Any delay, beyond the reasonable control of the Agents and the Lenders, by any bank or other depository institution in treating the proceeds of any such loan or advance as collected funds.

(iii) Any delay in the receipt, and/or any loss, of funds which constitute a loan or advance under this Agreement, the wire transfer of which was properly initiated by the Administrative Agent in accordance with wire instructions provided to the Administrative Agent by the Borrowers’ Representative.

2.9. SWINGLINE LOANS.

(a) For ease of administration, Base Margin Loans may be made by the SwingLine Lender (in the aggregate, the “SwingLine Loans”) in accordance with the procedures set forth in this Agreement for the making of loans and advances under the Credit Facilities. The unpaid principal balance of the SwingLine Loans shall not at any one time be in excess of the SwingLine Loan Ceiling.

(b) The aggregate unpaid principal balance of SwingLine Loans shall bear interest at the rate applicable to Base Margin Loans and shall be repayable as a Revolving Credit Loan.

(c) The Borrowers’ obligation to repay SwingLine Loans shall be evidenced by a Note in the form of EXHIBIT 2.9, annexed hereto, executed by the Borrowers, and payable to the SwingLine Lender. Neither the original nor a copy of that Note shall be required, however, to establish or prove any Liability. The Borrowers shall execute a replacement of any SwingLine Note which has been lost, mutilated, or destroyed thereof and deliver such replacement to the SwingLine Lender.

(d) For all purposes of this Loan Agreement, the SwingLine Loans and the Borrowers’ obligations to the SwingLine Lender constitute Revolving Credit Loans and are secured as “Liabilities”.

(e) SwingLine Loans may be subject to periodic settlement with the Revolving Credit Lenders as provided in this Agreement.

2.10. THE LOAN ACCOUNT.

(a) An account (“Loan Account”) shall be opened on the books of the Administrative Agent in which a record shall be kept of all loans and advances made under the Credit Facilities.

(b) The Administrative Agent shall also keep a record (either in the Loan Account or elsewhere, as the Administrative Agent may from time to time elect) of all interest, fees, service charges, costs, expenses, and other debits owed to the Administrative Agent and each Lender on account of the Liabilities and of all credits against such amounts so owed.

 

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(c) All credits against the Liabilities shall be conditional upon final payment to the Administrative Agent for the account of each Lender of the items giving rise to such credits. The amount of any item credited against the Liabilities which is charged back against the Administrative Agent or any Lender for any reason or is not so paid shall be a Liability and, if arising under the Credit Facilities, shall be added to the Loan Account, whether or not the item so charged back or not so paid is returned.

(d) Except as otherwise provided herein, all fees, service charges, costs, and expenses for which any Borrower is obligated hereunder are payable on demand. In the determination of Availability or Aggregate Availability, the Administrative Agent may deem fees, service charges, accrued interest, and other payments which will be due and payable between the date of such determination and the first day of the then next succeeding month as having been advanced under the Credit Facilities whether or not such amounts are then due and payable.

(e) The Administrative Agent, without the request of the Borrowers’ Representative, may advance under the Credit Facilities any interest, fee, service charge, or other payment to which any Agent or any Lender is entitled from any Borrower pursuant hereto and may charge the same to the Loan Account notwithstanding that an OverLoan may result thereby. Such action on the part of the Administrative Agent shall not constitute a waiver of the Administrative Agent’s rights and each Borrower’s obligations under Section 2.13(b). Any amount which is added to the principal balance of the Loan Account as provided in this Section 2.10(e) shall bear interest at the interest rate then and thereafter applicable to Base Margin Loans.

(f) In the absence of manifest error, a statement rendered by the Administrative Agent or any Lender to the Borrowers’ Representative concerning the Liabilities shall be considered correct and accepted by each Borrower and shall be conclusively binding upon each Borrower unless the Borrowers’ Representative provides the Administrative Agent with written objection thereto within thirty (30) days from the mailing of such statement, which written objection shall indicate, with particularity, the reason for such objection. In the absence of manifest error, the Loan Account and the Administrative Agent’s books and records concerning the loan arrangement contemplated herein and the Liabilities shall be prima facie evidence and proof of the items described therein.

2.11. THE REVOLVING CREDIT NOTES. The Borrowers’ obligation to repay Revolving Credit Loans with interest as provided herein, shall be evidenced by notes (each, a “Revolving Credit Note”) in the form of EXHIBIT 2.11, annexed hereto, executed by each Borrower, one payable to each Revolving Credit Lender. Neither the original nor a copy of any Revolving Credit Note shall be required, however, to establish or prove any Liability. Upon the Borrowers’ Representative’s being provided with an affidavit, from the Administrative Agent to the effect that any Revolving Credit Note has been lost, mutilated, or destroyed, the Borrowers shall execute a replacement thereof and deliver such replacement to the Administrative Agent.

 

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2.12. THE LAST OUT REVOLVING NOTES. The Borrowers’ obligation to repay the Last Out Revolving Loans, with interest as provided herein, shall be evidenced by notes (each, a “Last Out Revolving Note”) in the form of EXHIBIT 2.12, annexed hereto, executed by each Borrower, one payable to each Last Out Revolving Lender. Neither the original nor a copy of any Last Out Revolving Note shall be required, however, to establish or prove any Liability. Upon the Borrowers’ Representative’s being provided with an affidavit, from the Administrative Agent to the effect that any Last Out Revolving Note has been lost, mutilated, or destroyed, the Borrowers shall execute a replacement thereof and deliver such replacement to the Administrative Agent.

2.13. PAYMENT OF THE LOAN ACCOUNT.

(a) The Borrowers may repay all or any portion of the principal balance of the Loan Account from time to time until the Termination Date. Unless the Borrowers’ Representative otherwise advises the Administrative Agent, such payments shall be applied first to Base Margin Loans and only then to Libor Loans.

(b) The Borrowers, without notice or demand from the Administrative Agent or any Lender, shall pay the Administrative Agent that amount, from time to time, which is necessary so that there is no OverLoan outstanding.

(c) The Borrowers shall repay the then entire unpaid balance of the Loan Account and all other Liabilities on the Termination Date.

(d) The Administrative Agent shall endeavor to cause the application of payments (if any), pursuant to Sections 2.13(a) and 2.13(b) against Libor Loans then outstanding in such manner as results in the least cost to the Borrowers, but shall not have any affirmative obligation to do so nor liability on account of the Administrative Agent’s failure to have done so. In no event shall action or inaction taken by the Administrative Agent excuse any Borrower from any indemnification obligation under Section 2.13(e).

(e) The Borrowers shall indemnify the Administrative Agent and each Lender and hold the Administrative Agent and each Lender harmless from and against any loss, cost or expense (including loss of anticipated profits and amounts payable by the Administrative Agent or such Lender on account of “breakage fees” (so-called)) which the Administrative Agent or such Lender may sustain or incur (including, without limitation, by virtue of acceleration after the occurrence of any Event of Default) as a consequence of the following:

(i) Default by any Borrower in payment of the principal amount of or any interest on any Libor Loan as and when due and payable, including any such loss or expense arising from interest or fees payable by such Lender in order to maintain its Libor Loans.

(ii) Default by any Borrower in making a borrowing or conversion after the Borrowers’ Representative has given (or is deemed to have given) a request for a Loan or a request to convert a Loan from one applicable interest rate to another.

 

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(iii) The making of any payment on a Libor Loan or the making of any conversion of any such Loan to a Base Margin Loan on a day that is not the last day of the applicable Interest Period with respect thereto.

2.14. INTEREST ON LOANS.

(a) Each Loan shall bear interest at the Base Margin Rate unless timely notice is given (as provided in Section 2.7) that the subject Loan (or a portion thereof) is, or is to be converted to, a Libor Loan.

(b) Each Loan which consists of a Libor Loan shall bear interest at the applicable Libor Rate.

(c) Subject to, and in accordance with, the provisions of this Agreement, the Borrowers’ Representative may cause all or a part of the unpaid principal balance of the Loan Account to bear interest at the Base Margin Rate or the Libor Rate as specified from time to time by notice to the Administrative Agent. For ease of reference and administration, each part of the Loan Account which bears interest at the same interest and for the same Interest Period is referred to herein as if it were a separate “Loan”.

(d) The Borrowers’ Representative shall not select, renew, or convert any interest rate for a Loan such that, in addition to interest at the Base Margin Rate, there are more than seven (7) Libor Rates applicable to the Loans at any one time, provided, that no more than two (2) Libor Rate Loans having an Interest Period of less than one (1) month may be selected by the Borrowers’ Representative in any thirty day period.

(e) The Borrowers shall pay accrued and unpaid interest on each Loan in arrears as follows:

(i) On the applicable Interest Payment Date for that Loan.

(ii) On the Termination Date and on the End Date.

(iii) Following the occurrence of any Event of Default, with such frequency as may be determined by the Administrative Agent.

(f) Following the occurrence of any Event of Default (and whether or not the Administrative Agent exercises the Administrative Agent’s rights on account thereof), all Loans shall bear interest, at the option of the Administrative Agent or at the instruction of the SuperMajority Lenders, at a rate which is the aggregate of the rate applicable to Base Margin Loans plus three percent (3%) per annum.

2.15. ARRANGEMENT FEE.

In consideration of the Agent and Bank of America Securities LLC (“BAS”) having arranged the Credit Facilities for the Borrowers, there has been earned by BAS and the Borrowers shall pay the “Arrangement Fee” to BAS in the amount and payable as provided in the Fee Letter.

 

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2.16. FEE. In consideration of the commitment to make loans and advances to the Borrowers under this Agreement, and to maintain sufficient funds available for such purpose, there has been earned by the Lenders and the Borrowers shall pay the “Commitment Fee” (so referred to herein) to the Administrative Agent on behalf of the Lenders in the amount and as payable as provided in the Fee Letter.

2.17. ADMINISTRATIVE AGENTS FEE. In addition to any other fee or expense to be paid by the Borrowers on account of the Credit Facilities, the Borrowers shall pay the Administrative Agent the “Administrative Agent’s Fee” at the times and in the amounts as set forth in the Fee Letter.

2.18. UNUSED LINE FEE. In addition to any other fee to be paid by the Borrowers on account of the Credit Facilities, the Borrowers shall pay the Administrative Agent (i) the “Revolving Credit Unused Line Fee” (so referred to herein) of 0.25% per annum of the average difference, during the quarter just ended (or relevant period with respect to the payment being made on the Termination Date) between the Revolving Credit Commitments and the aggregate of the unpaid principal balance of the Revolving Credit Loans and the undrawn Stated Amount of L/C’s outstanding during the relevant period; and (ii) the “Last Out Unused Line Fee” (so referred to herein) of 0.375% per annum of the average difference, during the quarter just ended (or relevant period with respect to the payment being made on the Termination Date) between the Last Out Credit Commitments and the aggregate of the unpaid principal balance of the Last Out Revolving Loans outstanding during the relevant period (the Revolving Credit Unused Line Fee and the Last Out Unused Line Fee shall be collectively referred to herein as the “Unused Line Fee”). The Unused Line Fee shall be paid in arrears, on the first day of each quarter after the execution of this Agreement and on the Termination Date.

2.19. AGENTSAND LENDERS’ DISCRETION.

(a) Each reference in the Loan Documents to the exercise of discretion, reasonable discretion, or the like by any Agent or any Lender shall be to such Person’s reasonable exercise of its judgment, in good faith (which shall be rebuttably presumed), based upon such Person’s consideration of any such factors as that Agent or that Lender, taking into account information of which that Person then has actual knowledge, reasonably believes:

(i) Will or reasonably could be expected to affect, in more than a de minimis manner, the value of the Collateral, the enforceability of the Collateral Agent’s Collateral Interests therein, or the amount which the Collateral Agent would likely realize therefrom (taking into account delays which may possibly be encountered in the Collateral Agent’s realizing upon the Collateral and likely Costs of Collection).

(ii) Indicates that any report or financial information delivered to any Agent or any Lender by or on behalf of any Loan Party is incomplete, inaccurate, or misleading in any material manner or was not prepared in accordance with the requirements of this Agreement.

 

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(iii) That a Default has occurred and is continuing.

(b) In the exercise of such judgment, each Agent or each Lender reasonably also may take into account any of the following factors:

(i) Those included in, or tested by, the definitions of “Eligible Accounts” and “Eligible Inventory”.

(ii) The current financial and business climate of the industry in which each Loan Party competes (having regard for that Loan Party’s position in that industry).

(iii) General macroeconomic conditions which have a material effect on the Loan Parties’ cost structure.

(iv) Material changes in or to the mix of the Borrowers’ Inventory.

(v) Seasonality with respect to the Borrowers’ Inventory and patterns of retail sales.

(vi) Such other factors as each Agent and each Lender reasonably determine as having a material bearing on credit risks associated with the providing of loans and financial accommodations to the Borrowers.

(c) The burden of establishing the failure of any Agent or any Lender to have acted in a reasonable manner in such Person’s exercise of such discretion shall be the Loan Parties’ and may be made only by clear and convincing evidence.

2.20. PROCEDURES FOR ISSUANCE OF L/C’S.

(a) The Borrowers’ Representative may request that the Administrative Agent cause the issuance by the Issuer of L/C’s for the account of a Borrower. Each such request shall be in such manner as may from time to time be reasonably acceptable to the Administrative Agent.

(b) The Administrative Agent will endeavor to cause the issuance of any L/C so requested by the Borrowers’ Representative, provided that, at the time that the request is made, the Credit Facilities have not been suspended as provided in Section 2.7(g) and if so issued:

(i) The aggregate Stated Amount of all L/C’s then outstanding, does not exceed $20,000,000.

 

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(ii) The expiry of the L/C is not later than the earlier of thirty (30) days prior to the Maturity Date or the following:

(A) Standby’s: One (1) year from initial issuance.

(B) Documentaries: one hundred (100) days from issuance.

(iii) If the expiry of an L/C is later than the Maturity Date, it is 103% cash collateralized at its issuance.

(iv) An OverLoan will not result from the issuance of the subject L/C.

(c) Each Borrower shall execute such documentation to apply for and support the issuance of an L/C as may be required by the Issuer.

(d) There shall not be any recourse to, nor liability of, any Agent or any Lender on account of

(i) Any delay or refusal by an Issuer to issue an L/C;

(ii) Any action or inaction of an Issuer on account of or in respect to, any L/C except where there is a specific finding in a judicial proceeding (in which the Administrative Agent has had an opportunity to be heard), from which finding no further appeal is available, that the subject action or omission to act had been in actual bad faith or grossly negligent or constituted willful misconduct.

(e) The Borrowers shall reimburse the Issuer for the amount of any honoring of a drawing under an L/C on the same day on which such honoring takes place. The Administrative Agent, without the request of any Borrower, may make the Revolving Credit Loans (and charge to the Loan Account) the amount of any honoring of any L/C and other amount for which any Borrower, the Issuer, or the Revolving Credit Lenders become obligated on account of, or in respect to, any L/C. Such advance shall be made whether or not any Default has occurred and is continuing or such advance would result in an OverLoan. Such action shall not constitute a waiver of the Administrative Agent’s rights under Section 2.13(b) hereof.

2.21. FEES FOR L/C’S.

(a) The Borrowers shall pay to the Administrative Agent the following per annum fees on account of L/C’s, the issuance of which had been procured by the Administrative Agent monthly in arrears, and on the Termination Date and on the End Date based on the weighted average Stated Amount of L/C’s outstanding during the period in respect of which such fee is being paid except that, following the occurrence and during the continuance of any Event of Default (and whether or not the Administrative Agent exercises the Administrative Agent’s rights on account thereof), such fees, at the option of the Administrative Agent or the direction of the SuperMajority Revolving Credit Lenders, shall be the respective aggregate of those set forth below plus three percent (3%) per annum.

(i) Documentaries: The Libor Margin then in effect minus 50 basis points.

 

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(ii) Standbys: The Libor Margin then in effect.

(b) In addition to the fee to be paid as provided in Subsection 2.21(a) above, the Borrowers shall pay to the Administrative Agent (or to the Issuer, if so requested by Administrative Agent), on demand, all customary issuance, processing, negotiation, amendment, and administrative fees and other amounts charged by the Issuer on account of, or in respect to, any L/C.

(c) If any change in Applicable Law shall either:

(i) impose, modify or deem applicable any reserve, special deposit or similar requirements against letters of credit heretofore or hereafter issued by any Issuer or with respect to which any Revolving Credit Lender or any Issuer has an obligation to lend to fund drawings under any L/C; or

(ii) impose on any Issuer any other condition or requirements relating to any such letters of credit;

and the result of any event referred to in Section 2.21(c)(i) or 2.21(c)(ii), above, shall be to increase the cost to any Revolving Credit Lender or to any Issuer of issuing or maintaining any L/C (which increase in cost shall be the result of such Issuer’s reasonable allocation among that Revolving Credit Lender’s or Issuer’s letter of credit customers of the aggregate of such cost increases resulting from such events), then, upon demand by the Administrative Agent and delivery by the Administrative Agent to the Borrowers’ Representative of a certificate of an officer of the subject Revolving Credit Lender or the subject Issuer describing such change in law, executive order, regulation, directive, or interpretation thereof, its effect on such Revolving Credit Lender or such Issuer, and the basis for determining such increased costs and their allocation, the Borrowers shall immediately pay to the Administrative Agent, from time to time as specified by the Administrative Agent, such amounts as shall be sufficient to compensate the subject Revolving Credit Lender or the subject Issuer for such increased cost. In the absence of manifest error, any Revolving Credit Lender’s or any Issuer’s determination of costs incurred under Sections 2.21(c)(i) or 2.21(c)(ii), above, and the allocation, if any, of such costs among the Borrowers and other letter of credit customers of such Revolving Credit Lender or such Issuer, if done in good faith and made on an equitable basis and in accordance with such officer’s certificate, shall be conclusive and binding on the Borrowers.

2.22. CONCERNING L/CS.

(a) None of the Issuer, the Issuer’s correspondents, any Lender, any Agent, or any advising, negotiating, or paying bank with respect to any L/C shall be responsible in any way for:

(i) The performance by any beneficiary under any L/C of that beneficiary’s obligations to any Borrower.

 

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(ii) The form, sufficiency, correctness, genuineness, authority of any person signing; falsification; or the legal effect of; any documents called for under any L/C if (with respect to the foregoing) such documents on their face appear to be in order.

(b) The Issuer may honor, as complying with the terms of any L/C and of any drawing thereunder, any drafts or other documents otherwise in order, but signed or issued by an administrator, executor, conservator, trustee in bankruptcy, debtor in possession, assignee for the benefit of creditors, liquidator, receiver, or other legal representative of the party authorized under such L/C to draw or issue such drafts or other documents.

(c) Unless otherwise agreed to, in the particular instance, each Borrower hereby authorizes any Issuer to:

(i) Select an advising bank, if any.

(ii) Select a paying bank, if any.

(iii) Select a negotiating bank, if any.

(d) All directions, correspondence, and funds transfers relating to any L/C are at the risk of the Borrowers. The Issuer shall have discharged the Issuer’s obligations under any L/C which, or the drawing under which, includes payment instructions, by the initiation of the method of payment called for in, and in accordance with, such instructions (or by any other commercially reasonable and comparable method). None of the Agent, the Lenders, or the Issuer shall have any responsibility for any inaccuracy, interruption, error, or delay in transmission or delivery by post, telegraph or cable, or for any inaccuracy of translation.

(e) Each Agent’s, each Lender’s and the Issuer’s rights, powers, privileges and immunities specified in or arising under this Agreement are in addition to any heretofore or at any time hereafter otherwise created or arising, whether by statute or rule of law or contract.

(f) Except to the extent otherwise expressly provided hereunder or agreed to in writing by the Issuer and the Borrowers’ Representative, documentary L/C’s will be governed by the Uniform Customs and Practice for Documentary Credits, International Chamber of Commerce, Publication No. 500, and standby L/C’s will be governed by International Standby Practices ISP98 (adopted by the International Chamber of Commerce on April 6, 1998) and any respective subsequent revisions thereof.

(g) The obligations of the Borrowers under this Agreement with respect to L/C’s are absolute, unconditional, and irrevocable and shall be performed strictly in accordance with the terms hereof under all circumstances, whatsoever including, without limitation, the following:

(i) Any lack of validity or enforceability or restriction, restraint, or stay in the enforcement of this Agreement, any L/C, or any other agreement or instrument relating thereto.

 

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(ii) Any Borrower’s consent to any amendment or waiver of, or consent to the departure from, any L/C.

(iii) The existence of any claim, set-off, defense, or other right which any Borrower may have at any time against the beneficiary of any L/C.

(iv) Any good faith honoring of a drawing under any L/C, which drawing possibly could have been dishonored based upon a strict construction of the terms of the L/C.

(h) Each Issuer shall be deemed to have agreed as follows:

(i) That any action taken or omitted by that Issuer, that Issuer’s correspondents, or any advising, negotiating or paying bank with respect to any L/C and the related drafts and documents, shall be done in good faith and in compliance with foreign or domestic laws.

(ii) That the Borrowers shall not be required to indemnify the Issuer, the Issuer’s correspondents, or any advising, negotiating or paying bank with respect to any L/C for any claims, damages, losses, liabilities, costs or expenses to the extent, caused by (x) the willful misconduct or gross negligence of the Issuer, the Issuer’s correspondents, or any advising, negotiating or paying bank with respect to any L/C in determining whether a request presented under any Letter of Credit complied with the terms of such Letter of Credit or (y) the Issuer’s failure to pay under any Letter of Credit after the presentation to it of a request strictly complying with the terms and conditions of such Letter of Credit.

2.23. CHANGED CIRCUMSTANCES.

(a) The Administrative Agent may advise the Borrowers’ Representative (in reasonable detail as to the facts and circumstances thereof) that the Administrative Agent has made the good faith determination (which determination, in the absence of manifest error, shall be final and conclusive) of any of the following:

(i) Adequate and fair means do not exist for ascertaining the rate for Libor Loans.

(ii) The continuation of or conversion of any Loan to a Libor Loan has been made impracticable or unlawful by the occurrence of a contingency that materially and adversely affects the applicable market or the compliance by the Administrative Agent or any Lender in good faith with any Applicable Law.

(iii) The indices on which the interest rates for Libor Loans are based shall no longer represent the effective cost to the Administrative Agent or any Revolving Credit Lender for U.S. dollar deposits in the interbank market for deposits in which it regularly participates.

 

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(b) In the event that the Administrative Agent advises the Borrowers’ Representative of an occurrence described in Section 2.23(a), then, until the Administrative Agent notifies the Borrowers’ Representative that the circumstances giving rise to such notice no longer apply:

(i) The obligation of the Agent or each Lender to make loans of the type affected by such changed circumstances or to permit the Borrowers’ Representative to select the affected interest rate as otherwise applicable to any Loans shall be suspended.

(ii) Any notice which the Borrowers’ Representative had given the Administrative Agent with respect to any Libor Loan, the time for action with respect to which has not occurred prior to the Administrative Agent’s having given notice pursuant to Section 2.23(a), shall be deemed at the option of the Administrative Agent to not having been given.

2.24. DESIGNATION OF BORROWERS’ REPRESENTATIVE AS BORROWERS’ AGENT.

(a) Each Borrower hereby irrevocably designates and appoints the Borrowers’ Representative as that Borrower’s agent to obtain loans and advances under the Credit Facilities, the proceeds of which shall be available to each Borrower for those uses set forth in this Agreement. As the disclosed principal for its agent, each Borrower shall be obligated to the Agents and each Lender on account of loans and advances so made as if made directly by the Lenders to that Borrower, notwithstanding the manner by which such loans and advances are recorded on the books and records of the Borrowers’ Representative and of any Borrower. In addition, each Loan Party other than the Borrowers hereby irrevocably designates and appoints the Borrowers’ Representative as that Loan Party’s agent to represent such Loan Party in all respects under this Agreement and the other Loan Documents.

(b) Each Borrower recognizes that credit available to it under the Credit Facilities is in excess of and on better terms than it otherwise could obtain on and for its own account and that one of the reasons therefor is its joining in the credit facility contemplated herein with all other Borrowers. Consequently, each Borrower hereby assumes and agrees to discharge all Liabilities of each of the other Borrowers as if the Borrower which is so assuming and agreeing was each of the other Borrowers.

(c) The Borrowers’ Representative shall act as a conduit for each Borrower (including itself, as a “Borrower”) on whose behalf the Borrowers’ Representative has requested a Loan.

(d) The proceeds of each loan and advance provided under the Credit Facilities which is requested by the Borrowers’ Representative shall be deposited into the Operating Account or as otherwise indicated by the Borrowers’ Representative. The Borrowers’ Representative shall cause the transfer of the proceeds thereof to the (those) Borrower(s) on whose behalf such loan and advance was obtained. Neither the Agent nor any Lender shall have any obligation to see to the application of such proceeds.

 

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2.25. LENDERS’ COMMITMENTS.

(a) Subject to Section 16.1 (which provides for assignments and assumptions of commitments), each Revolving Credit Lender’s “Revolving Credit Percentage Commitment”, and “Revolving Credit Dollar Commitment” (respectively so referred to herein) is set forth on EXHIBIT 2.25, annexed hereto.

(b) Subject to Section 16.1 (which provides for assignments and assumptions of commitments), each Last Out Revolving Lender’s “Last Out Revolving Commitment Percentage”, and “Last Out Revolving Credit Dollar Commitment” (respectively so referred to herein) is set forth on EXHIBIT 2.25, annexed hereto.

(c) The obligations of each Revolving Credit Lender are several and not joint. No Revolving Credit Lender shall have any obligation to make any loan or advance under the Credit Facilities in excess of either of the following:

(i) That Revolving Credit Lender’s Revolving Credit Percentage Commitment of the subject loan or advance or of Availability.

(ii) That Revolving Credit Lender’s Revolving Credit Dollar Commitment.

(d) The obligations of each Last Out Revolving Lender are several and not joint. No Last Out Revolving Lender shall have any obligation to make any loan or advance under the Credit Facilities in excess of either of the following:

(i) That Last Out Revolving Lender’s Last Out Revolving Commitment Percentage of the subject loan or advance or of Last Out Availability.

(ii) That Last Out Revolving Lender’s Last Out Revolving Credit Dollar Commitment.

(e) No Lender shall have any liability to the Borrowers on account of the failure of any other Lender to provide any loan or advance under the Credit Facilities nor any obligation to make up any shortfall which may be created by such failure.

(f) The Revolving Credit Dollar Commitments, Revolving Credit Commitment Percentages, Last Out Revolving Credit Dollar Commitment, Last Out Revolving Commitment Percentage, and identities of the Lenders (but not the Revolving Credit Commitments or Last Out Commitments) may be changed, from time to time by the reallocation or assignment of Dollar Commitments and Commitment Percentages amongst the Lenders or with other Persons who determine to become a Lender; provided, however unless an Event of Default has occurred (in which event, no consent of any Borrower is required) any assignment to a Person not then a Lender shall be subject to the prior consent of the Borrowers’ Representative (not to be unreasonably withheld), which consent will be deemed given unless the Borrowers’ Representative provides the Administrative Agent with written objection not more than five (5) Business Days after the Administrative Agent shall have given the

 

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Borrowers’ Representative written notice of a proposed assignment, such notice to state that consent will be deemed given by the Borrowers’ Representative if written objection is not received by the Administrative Agent within such five (5) Business Days.

(g) Upon written notice given the Borrowers’ Representative from time to time by the Administrative Agent of any assignment or allocation referenced in Section 2.25(f):

(i) Each Borrower shall execute one or more replacement Notes to reflect such changed Dollar Commitments, Commitment Percentages, and identities and shall deliver such replacement Notes to the Administrative Agent (which promptly thereafter shall deliver to the Borrowers’ Representative the Notes so replaced) provided however, in the event that a Note is to be exchanged following its acceleration or the entry of an order for relief under the Bankruptcy Code with respect to any Borrower, the Administrative Agent, in lieu of causing the Borrowers to execute one or more new Notes, may issue the Administrative Agent’s Certificate confirming the resulting Dollar Commitments and Percentage Commitments.

(ii) Such change shall be effective from the effective date specified in such written notice and any Person added as a Lender shall have all rights, privileges, and obligations of a Lender hereunder thereafter as if such Person had been a signatory to this Agreement and any other Loan Document to which a Lender is a signatory and any Person removed as a Lender shall be relieved of any obligations or responsibilities of a Lender hereunder thereafter.

2.26. REFERENCES TO ORIGINAL AGREEMENT. The terms “Loan and Security Agreement,” “this Agreement,” “Loan Agreement,” and similar references as used in the documents, instruments and agreements executed and/or delivered in connection with the Original Agreement, shall mean the Original Agreement as amended and restated hereby in its entirety, and each of such documents, instruments and agreements is hereby so amended. Except as specifically agreed herein or in any of the Loan Documents executed concurrently herewith, each of the Loan Documents executed and delivered in connection with the Original Agreement is hereby ratified and confirmed and shall remain in full force and effect in accordance with its terms. Without limitation of the foregoing, the Loan Parties hereby confirm that the Collateral Interests granted under the Original Agreement and each other applicable Loan Document continue to secure all of the Liabilities.

ARTICLE 3 - CONDITIONS PRECEDENT:

As a condition to the effectiveness of this Agreement, the establishment of the Credit Facilities, the making of the first loan under the Credit Facilities, each of the documents respectively described in Sections 3.1 through and including 3.11, (each in form and substance satisfactory to the Administrative Agent) shall have been delivered to the Administrative Agent, and the conditions respectively described in Sections 3.5 through and including 3.11, shall have been satisfied:

 

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3.1. DUE DILIGENCE.

(a) Certificates of good standing for each Loan Party, respectively issued by the Secretary of State for the state in which that Loan Party is organized.

(b) Certificates of due qualification, in good standing, issued by the Secretary of State for the Commonwealth of Massachusetts for those Loan Parties required to file to do business in the Commonwealth of Massachusetts.

(c) Certificates of each Loan Party’s clerk or secretary, as applicable, of the due adoption, continued effectiveness, and setting forth the texts of, each resolution adopted in connection with the establishment of the loan arrangement contemplated by the Loan Documents and attesting to the true signatures of each Person authorized as a signatory to any of the Loan Documents.

3.2. OPINION. One or more reasonable and customary opinions of counsel to the Loan Parties

3.3. ADDITIONAL DOCUMENTS. Such additional instruments and documents as the Administrative Agent or its counsel reasonably may require or request.

3.4. OFFICERS’ CERTIFICATES. Certificates executed by (a) either the President or the Chief Executive Officer and (b) the Chief Financial Officer of the Borrowers’ Representative and stating that the representations and warranties made by the Loan Parties to the Agents and the Lenders in the Loan Documents are true and complete in all material respects as of the date of such Certificate, and that no event has occurred which is or which, solely with the giving of notice or passage of time (or both) would be an Event of Default.

3.5. Representations and Warranties. Each of the representations made by or on behalf of each Loan Party in this Agreement or in any of the other Loan Documents or in any other report, statement, document, or paper provided by or on behalf of each Loan Party shall be true and complete in all material respects as of the date as of which such representation or warranty was made.

3.6. ALL FEES AND EXPENSES PAID. All fees due at or immediately after the first funding under the Credit Facilities and all costs and expenses incurred by the Administrative Agent, and the Collateral Agent in connection with the establishment of the credit facilities contemplated hereby (including the reasonable fees and expenses of counsel to the Administrative Agent, and the Collateral Agent), shall have been paid in full.

3.7. COLLATERAL, ETC.

(a) Each document (including, without limitation, Uniform Commercial Code financing statements) required by law or requested by the Administrative Agent to be filed, registered or recorded in order to create in favor of the Collateral Agent a first priority perfected security interest in the Collateral shall have been properly filed, registered or recorded in each jurisdiction where required and the Collateral Agent shall have a first priority perfected security interest in the Collateral, subject only to Permitted Encumbrances.

 

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(b) All accounts payable of the Loan Parties shall be within invoice terms (subject only to good faith disputes).

(c) The Inventory Purchase Agreement shall have been executed and delivered by all the Loan Parties, shall be in full force and effect and shall be satisfactory to the Administrative Agent.

3.8. No Default.

(a) No Default shall have occurred and be continuing.

(b) Except as specifically set forth on EXHIBIT 3.8(b), no default shall have occurred and be continuing under any material contract or other agreement to which any Loan Party is a party.

3.9. Financial Statements; Legal Due Diligence; No Adverse Change.

(a) The Administrative Agent shall be satisfied that all financial statements and projections delivered to it fairly present the Consolidated business and financial condition of the Borrowers and their Consolidated Subsidiaries.

(b) No event shall have occurred or failed to occur, which occurrence or failure is or could have a materially adverse effect upon any Loan Party’s financial condition when compared with the financial condition of such Loan Party as reflected in its most recent interim management prepared financial statements, annual report(s), public filings and projections provided to the Administrative Agent or any Lender.

(c) The Administrative Agent shall be satisfied that no information or materials supplied by or on behalf of the Loan Parties contain material misstatements or omissions which could be materially misleading.

(d) The Administrative Agent shall be satisfied that no materially adverse change in any governmental regulations or policies affecting any Loan Party or Agent shall have occurred.

3.10. NO LITIGATION. The Administrative Agent and its counsel shall have received evidence satisfactory to each that there are no actions, suits or proceedings at law or in equity or by or before any governmental instrumentality or other agency or regulatory authority now pending or threatened against any Loan Party the result of which is reasonably likely to have a material adverse effect on such Loan Party or its businesses or assets.

3.11. BENEFIT OF CONDITIONS PRECEDENT. The conditions set forth in this Article 3 are for the sole benefit of each Agent and each Lender and may be waived by the Administrative Agent, in whole or in part, without prejudice to any Agent or any Lender.

 

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No document shall be deemed delivered to the Administrative Agent, the Collateral Agent, or any Lender until received and accepted by the Administrative Agent at its offices in Boston, Massachusetts. Under no circumstances shall this Agreement take effect until executed and accepted by the Administrative Agent at said offices.

ARTICLE 4 - GENERAL REPRESENTATIONS, COVENANTS AND WARRANTIES:

To induce each Lender to establish the Credit Facilities contemplated herein and to induce the Lenders to provide loans and advances hereunder (each of which loans shall be deemed to have been made in reliance thereupon), respectively, as contemplated hereby, the Loan Parties, in addition to all other representations, warranties, and covenants made by any Loan Party in any other Loan Document, make those representations, warranties, and covenants included in this Agreement.

4.1. PAYMENT AND PERFORMANCE OF LIABILITIES. The Borrowers shall pay each payment Liability when due (or when demanded, if payable on demand) and shall promptly, punctually, and faithfully perform each other Liability.

4.2. DUE ORGANIZATION. AUTHORIZATION. NO CONFLICTS.

(a) Each Loan Party presently is and hereafter shall remain in good standing under the laws of the State in which it is organized, as set forth in the Preamble and is and shall hereafter remain duly qualified and in good standing in every other State in which, by reason of the nature or location of such Loan Party’s assets or operation of such Loan Party’s business, such qualification is necessary, except where the failure to so qualify could not reasonably be expected to have a material adverse effect on the business or assets of that Loan Party.

(b) Each Loan Party’s respective organizational identification number assigned to it by the State of its organization and its respective federal employer identification number is stated on EXHIBIT 4.2, annexed hereto.

(c) No Loan Party shall change its State of organization; any organizational identification number assigned to that Loan Party by that State; or that Loan Party’s federal taxpayer identification number on less than sixty (60) days prior written notice (in reasonable detail) to the Administrative Agent.

(d) Each Affiliate of the Loan Parties is listed on EXHIBIT 4.2. The Borrowers’ Representative shall provide the Administrative Agent with prior written notice of any entity’s becoming or ceasing to be an Affiliate.

(e) Each Loan Party has all requisite power and authority to execute and deliver all Loan Documents to which that Loan Party is a party and has and will hereafter retain all requisite power to perform all Liabilities.

(f) The execution and delivery by each Loan Party of each Loan Document to which it is a party; each Loan Party’s consummation of the transactions contemplated by such Loan Documents (including, without limitation, the creation of Collateral Interests by that Loan Party to secure the Liabilities); each Loan Party’s performance under those of the Loan Documents to which it is a party; the borrowings hereunder; and the use of the proceeds thereof:

(i) Have been duly authorized by all necessary action.

 

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(ii) Do not, and will not, contravene in any material respect any provision of any Requirement of Law or obligation of that Loan Party, where such contravention would have a material adverse effect on that Loan Party.

(iii) Will not result in the creation or imposition of, or the obligation to create or impose, any Encumbrance upon any assets of that Loan Party pursuant to any Requirement of Law or obligation, except pursuant to or as permitted by the Loan Documents.

(g) The Loan Documents have been duly executed and delivered by each Loan Party and are the legal, valid and binding obligations of each Loan Party, enforceable against each Loan Party in accordance with their respective terms, except as such enforceability may be subject to limitations on the rights and remedies of secured creditors generally imposed under bankruptcy or insolvency law and that the availability of equitable relief is subject to the discretion of the court from which such relief is sought.

4.3. TRADE NAMES.

(a) EXHIBIT 4.3, annexed hereto, is a listing of:

(i) All names under which any Loan Party conducted its business during the five (5) years preceding the date of this Agreement.

(ii) All Persons with whom any Loan Party consolidated or merged, or from whom any Loan Party acquired in a single transaction or in a series of related transactions substantially all of such Person’s assets, in each case during the five (5) years preceding the date of this Agreement.

(b) The Borrowers’ Representative will provide the Administrative Agent with not less than twenty-one (21) days prior written notice (with reasonable particularity) of any change to any Loan Party’s name from that under which that Loan Party is conducting its business at the execution of this Agreement and will not effect such change unless each Loan Party is then in compliance with all provisions of this Agreement.

4.4. INFRASTRUCTURE.

(a) Each Loan Party has and will maintain a sufficient infrastructure to conduct its business as presently conducted and as contemplated to be conducted following its execution of this Agreement.

(b) To the Borrowers’ knowledge, except as set forth in EXHIBIT 4.4(b), each Loan Party owns and possesses, or has the right to use (and will hereafter own, possess, or

 

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have such right to use) all patents, industrial designs, trademarks, trade names, trade styles, brand names, service marks, logos, copyrights, trade secrets, know-how, confidential information, and other intellectual or proprietary property of any third Person necessary for that Loan Party’s conduct of that Loan Party’s business except where the failure to own, possess, or have such right or use will not have more than a de minimis adverse effect on any Loan Party.

(c) To the Borrowers’ knowledge, the conduct by each Loan Party of that Loan Party’s business does not presently infringe (nor will any Loan Party conduct its business in the future so as to infringe) the patents, industrial designs, trademarks, trade names, trade styles, brand names, service marks, logos, copyrights, trade secrets, know-how, confidential information, or other intellectual or proprietary property of any third Person except where such infringement will not have no more than a de minimis adverse effect on that Loan Party.

4.5. LOCATIONS.

(a) The Collateral, and the books, records, and papers of the Loan Parties pertaining thereto, are kept and maintained solely at the following locations:

(i) The Borrowers’ Representative’s chief executive offices which are at 555 Turnpike Street, Canton, Massachusetts 02021.

(ii) Those locations which are listed on EXHIBIT 4.5, annexed hereto, which EXHIBIT includes, with respect to each such location, the name and address of the landlord on the Lease which covers such location (or an indication that a Loan Party owns the subject location) and of all service bureaus with which any such records are maintained and the names and addresses of each Loan Party’s landlord(s).

(b) No Loan Party shall remove any of the Collateral from said chief executive office or those locations listed on EXHIBIT 4.5 except for the following purposes:

(i) To accomplish sales of Inventory in the ordinary course of business or sales permitted by Section 4.14(d).

(ii) To move Inventory from one such location to another such location.

(iii) To utilize such of the Collateral as is removed from such locations in the ordinary course of business (such as motor vehicles).

(c) Except where caused by a force majeure or as otherwise agreed by the Administrative Agent, and except with respect to the locations referred to in Section 4.14(d) as to which five (5) days notice shall be deemed sufficient, no Loan Party shall cease the conduct of business at any of its present or future Stores for more than fifteen (15) consecutive days without first furnishing the Administrative Agent with not less than thirty (30) days (or such lesser period as the Administrative Agent may agree) prior written notice thereof.

 

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4.6. STORES.

(a) No Loan Party is or may commit to or become legally obligated to open additional Stores where such commitment, obligation, or opening is prohibited by, or would result in a breach of, this Agreement.

(b) Except for in-transit Inventory, no tangible personal property of any Loan Party (beyond a de minimis amount of such property) is in the care or custody of any third party or stored or entrusted with a bailee or other third party other than as otherwise consented to in writing by the Administrative Agent.

4.7. TITLE TO ASSETS.

(a) The Loan Parties are, and shall hereafter remain, the owners of the Collateral free and clear of all Encumbrances with the exceptions of the following:

(i) Encumbrances in favor of the Collateral Agent.

(ii) Permitted Encumbrances.

(b) Except as disclosed on EXHIBIT 4.7(b), annexed hereto, the Loan Parties do not have possession of any property on consignment to the Loan Parties and will not have possession of property on consignment hereafter.

(c) No Loan Party shall acquire or obtain the right to use any Equipment in which any third party has an interest, except for:

(i) Equipment which is merely incidental to the conduct of that Loan Party’s business; or

(ii) Equipment, the acquisition or right to use of which has been consented to by the Administrative Agent, which consent may be conditioned solely upon the Administrative Agent’s receipt of an agreement, substantially in the form of EXHIBIT 4.7(c)(ii), annexed hereto with the third party which has an interest in such Equipment; or

(iii) Equipment subject to Leases, Capital Leases or licenses otherwise permitted hereunder.

(d) No Affiliate (other than a Loan Party) which is owned, directly or indirectly, by a Loan Party has, and none will acquire, any assets other than assets of nominal value, unless (i) such acquisition of assets is not prohibited by another provision of this Agreement and (ii) the ownership interests of such Affiliate shall have been pledged to the Collateral Agent for the benefit of the Lenders as their interests may appear and the Collateral Agent has a first priority, perfected security interest in such ownership interests.

 

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4.8. INDEBTEDNESS.

(a) The Loan Parties do not, and shall not hereafter, have any Indebtedness with the exception of Permitted Indebtedness and shall not make, directly or indirectly, any payment or other distribution (whether in cash, securities or other property) of or in respect of principal of or interest on any Indebtedness except Permitted Indebtedness; provided, however, that the Loan Parties will not make, directly or indirectly, any payment or other distribution (whether in cash, securities or other property) of or in respect of the Rochester Indebtedness or principal of or interest on any Subordinated Indebtedness except for the following:

(i) with respect to the 5% Subordinated Note, (x) regularly scheduled payments of interest and (y) commencing with May 14, 2003, regularly scheduled payments of principal (the aggregate of principal payments during any twelve month period not in any event to exceed $3,000,000), so long as in the case of any payment under clause (x) or (y), as of the date of such payment, and after giving effect thereto, there exists no Default; and

(ii) with respect to the Rochester Indebtedness the amount of the contingent purchase price, if any, as and when due pursuant to Section 2.5.3 of the Rochester Acquisition Agreement so long as on the date of any such payment, and after giving effect thereto,(x) there exist no Default; and (y) Excess Availability is greater than $12,500,000.00;

(iii) with respect to the Convertible Notes (a) regularly scheduled payments of interest so long as of the date of such payment, and after giving effect thereto, there exists no Default; (b) payment, prepayment and/or retirement of Indebtedness in connection with a Permitted Repurchase.

The terms and conditions (including without limitation, the payment terms thereunder (including, without limitation, the timing thereof)) of the Rochester Acquisition Agreement, the Convertible Notes, the Indenture, the 5% Subordinated Note, and Subordination Agreements may not be amended, modified or supplemented in any respect without the prior written consent of the Administrative Agent, and SuperMajority Lenders.

4.9. INSURANCE.

(a) EXHIBIT 4.9, annexed hereto, is a schedule of all insurance policies owned by the Loan Parties or under which any Loan Party is the named insured. Each of such policies is in full force and effect. Neither the issuer of any such policy nor any Loan Party is in default or violation of any such policy.

(b) The Loan Parties shall have and maintain at all times insurance covering such risks, in such amounts, containing such terms, in such form, for such periods, and written by such companies as may be satisfactory to the Administrative Agent.

(c) All insurance carried by the Loan Parties shall provide for a minimum of thirty (30) days’ prior written notice of cancellation to the Administrative Agent and all such insurance which covers the Collateral shall include an endorsement in favor of the Agents, which endorsement shall provide that the insurance, to the extent of the Agent’s respective

 

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interest therein, shall not be impaired or invalidated, in whole or in part, by reason of any act or neglect of any Loan Party or by the failure of any Loan Party to comply with any warranty or condition of the policy, and shall not include an endorsement in favor of any other Person except for endorsements naming one or more of the sellers under the Casual Male Acquisition Agreement as additional insureds to the extent required or contemplated by such Casual Male Acquisition Agreement.

(d) The coverage reflected on EXHIBIT 4.9 presently satisfies the foregoing requirements, it being recognized by each Loan Party, however, that such requirements may hereafter be modified as required by the Administrative Agent in its reasonable discretion to reflect changing circumstances.

(e) The Borrowers’ Representative shall furnish the Administrative Agent from time to time with certificates or other evidence satisfactory to the Administrative Agent regarding compliance by the Loan Parties with the foregoing requirements.

(f) In the event of the failure by the Loan Parties to maintain insurance as required herein, the Administrative Agent, at its option, may obtain such insurance, provided, however, the Administrative Agent’s obtaining of such insurance shall not constitute a cure or waiver of any Event of Default occasioned by the Loan Parties’ failure to have maintained such insurance.

4.10. LICENSES. Each license, distributorship, franchise, and similar agreement issued to, or to which any Loan Party is a party, is in full force and effect, except where the failure thereof to be in full force and effect could not reasonably be expected to have a material adverse effect on the Loan Parties. Neither the Borrowers nor, to the best knowledge of the Borrowers, any other party to any such license or agreement is in default or violation thereof. No Loan Party has received any notice or threat of cancellation of any such license or agreement.

4.11. LEASES. EXHIBIT 4.11, annexed hereto, is a schedule of all presently effective Capital Leases. Exhibit 4.5 includes a list of all other presently effective Leases. Each of such Leases and Capital Leases is in full force and effect. Neither the Borrower nor, to the best knowledge of the Borrowers, any other party to any such Lease or Capital Lease is in default or violation of any such Lease or Capital Lease and no Loan Party has received notice or a threat of cancellation of any such Lease or Capital Lease. Each Loan Party hereby authorizes the Administrative Agent at any time and from time to time, with the consent of the Borrowers’ Representative and at any time following the occurrence of an Event of Default, to contact any of the Loan Parties’ respective landlords in order to confirm the Loan Parties’ continued compliance with the terms and conditions of the Lease(s) between the subject Loan Party and that landlord and to discuss such issues, concerning the subject Loan Party’s occupancy under such Lease(s), as the Administrative Agent may determine.

4.12. REQUIREMENTS OF LAW. Each Loan Party is in compliance with, and shall hereafter comply with and use its assets in compliance with, all Requirements of Law except where the failure of such compliance will not have more than a de minimis adverse effect on the Loan Party’s business. No Loan Party has received any notice of any violation of any

 

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Requirement of Law (other than of a violation which has no more than a de minimis adverse effect on the Loan Party’s business or assets), which violation has not been cured or otherwise remedied.

4.13. LABOR RELATIONS.

(a) Except as disclosed on EXHIBIT 4.13(a), annexed hereto, no Loan Party is presently a party to any collective bargaining or other labor contract.

(b) There is not presently pending and, to any Loan Party’s knowledge, there is not threatened any of the following:

(i) Any strike, slowdown, picketing, work stoppage, or material employee grievance process.

(ii) Any proceeding against or affecting any Loan Party relating to the alleged violation of any Applicable Law pertaining to labor relations or before National Labor Relations Board, the Equal Employment Opportunity Commission, or any comparable governmental body, organizational activity, or other labor or employment dispute against or affecting any Loan Party, which, if determined adversely to that Loan Party could have more than a de minimis adverse effect on that Loan Party.

(iii) Any lockout of any employees by any Loan Party (and no such action is contemplated by any Loan Party).

(iv) Any application for the certification of a collective bargaining agent.

(c) To the knowledge of the Borrowers’ Representative and each Loan Party, no material event has occurred or circumstance exists which could provide the basis for any work stoppage or other labor dispute.

(d) Each Loan Party:

(i) Has complied in all material respects with all Applicable Law relating to employment, equal employment opportunity, nondiscrimination, immigration, wages, hours, benefits, collective bargaining, the payment of social security and similar taxes, occupational safety and health, and plant closing.

(ii) Is not liable for the payment of more than a de minimis amount of compensation, damages, taxes, fines, penalties, or other amounts, however designated, for that Loan Party’s failure to comply with any Applicable Law referenced in Section 4.13(d)(i).

 

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4.14. MAINTAIN PROPERTIES. The Loan Parties shall:

(a) Keep the Collateral in good order and repair (ordinary reasonable wear and tear and insured casualty excepted).

(b) Not suffer or cause the waste or destruction of any material part of the Collateral.

(c) Not use any of the Collateral in violation of any policy of insurance thereon.

(d) Not sell, lease, or otherwise dispose of any of the Collateral, other than the following:

(i) The sale of Inventory in compliance with this Agreement.

(ii) The disposal of Equipment which is obsolete, worn out, or damaged beyond repair, which Equipment is replaced to the extent necessary to preserve or improve the operating efficiency of any Loan Party.

(iii) The turning over to the Administrative Agent of all Receipts as provided herein.

(iv) Permitted Asset Dispositions.

4.15. TAXES.

(a) The Loan Parties, in compliance with all Applicable Law, have properly filed the Loan Party’s tax returns due to be filed up to the date of this Agreement. All federal and state taxes and other amounts in the nature of taxes for which any Loan Party is liable or obligated are presently due and payable without penalty; or have been paid or settled.

(b) The Loan Parties shall: pay, as they become due and payable, all taxes and unemployment contributions and other charges of any kind or nature levied, assessed or claimed against any Loan Party or the Collateral by any Person whose claim could result in an Encumbrance upon any asset of any Loan Party or by any governmental authority; properly exercise any trust responsibilities imposed upon any Loan Party by reason of withholding from employees’ pay or by reason of any Loan Party’s receipt of sales tax or other funds for the account of any third party; timely make all contributions and other payments as may be required pursuant to any Employee Benefit Plan now or hereafter established by any Loan Party; and timely file all tax and other returns and other reports with each governmental authority to whom any Loan Party is obligated to so file except where failure to file could not reasonably be expected to have a material adverse effect provided however, nothing included in this Section 4.15(b) shall prevent the Loan Parties from contesting, in good faith and by appropriate proceedings, any tax liability claimed against any Loan Party, but only provided that and so long as no tax lien is filed with respect thereto.

(c) At its option, with prior notice to the Borrowers’ Representative, the Administrative Agent may pay any tax, charge levied, assessed, or claimed upon any Loan

 

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Party or the Collateral by any Person, or entity or governmental authority, and make any payments on account of any Loan Party’s Employee Benefit Plan as the Administrative Agent , in the Administrative Agent’s discretion, may deem necessary or desirable, to protect the Agents’ Rights and Remedies.

4.16. NO MARGIN STOCK NOT INVESTMENT COMPANY.

(a) No Loan Party is engaged in the business of extending credit for the purpose of purchasing or carrying any margin stock (within the meaning of Regulations U, T, and X of the Board of Governors of the Federal Reserve System of the United States). No part of the proceeds of any borrowing hereunder will be used at any time to purchase or carry any such margin stock or to extend credit to others for the purpose of purchasing or carrying any such margin stock.

(b) No Loan Party or any Subsidiary is or is required to be registered as an “investment company” under the Investment Company Act of 1940.

4.17. ERISA.

(a) Neither any Loan Party nor any ERISA Affiliate has ever:

(i) Violated or failed to be in full compliance with any Employee Benefit Plan maintained by any Loan Party.

(ii) Failed timely to file all reports and filings required by ERISA to be filed by any Loan Party.

(iii) Engaged in any nonexempt “prohibited transactions” or “reportable events” (respectively as described in ERISA).

(iv) Engaged in, or committed, any act such that a tax or penalty could be imposed upon any Loan Party on account thereof pursuant to ERISA.

(v) Accumulated any material cumulative funding deficiency within the meaning of ERISA.

(vi) Terminated any Employee Benefit Plan such that a lien could be asserted against any assets of any Loan Party on account thereof pursuant to ERISA.

(vii) Been a member of, contributed to, or had any obligation under any Employee Benefit Plan which is a multiemployer plan within the meaning of Section 4001(a) of ERISA.

(b) Neither any Loan Party nor any ERISA Affiliate shall ever engage in any action of the type described in Section 4.17(a).

4.18. HAZARDOUS MATERIALS.

(a) No Loan Party has ever: (i) been legally responsible for any release or threat of release of any Hazardous Material or (ii) received notification of the incurrence of any expense in connection with the assessment, containment, or removal of any Hazardous Material for which that Loan Party would be responsible.

 

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(b) Each Loan Party shall: (i) dispose of any Hazardous Material only in compliance with all Environmental Laws and (ii) have possession of any Hazardous Material only in the ordinary course of that Loan Party’s business and in compliance with all Environmental Laws.

4.19. LITIGATION. Except as described in EXHIBIT 4.19, annexed hereto, there is not presently pending or to the knowledge of the Borrowers, threatened in writing, by or against any Loan Party, any suit, action, proceeding, or investigation which if determined adversely to such Loan Party, would have a material adverse effect upon the Loan Parties’ financial condition or the ability of the Loan Parties to conduct their business as such business is presently conducted or is contemplated to be conducted in the foreseeable future.

4.20. DIVIDENDS. INVESTMENTS. ENTITY ACTION. No Loan Party shall:

(a) Pay any cash dividend or make any other distribution in respect of any class of their respective capital stock or other ownership interests, other than payments to another Loan Party.

(b) Redeem, retire, purchase, or acquire any of Casual Male’s capital stock, other than pursuant to a Permitted Repurchase.

(c) Invest in or purchase any stock or securities or other ownership interests, or rights to purchase any such stock or securities or other ownership interests, of any corporation or other Person, except for

(i) Permitted Investments,

(ii) Permitted Acquisitions subject to the provisions of Section 4.21,

(iii) Investments in new wholly owned Subsidiaries formed in connection with any such Permitted Acquisition, subject to the provisions of Section 4.21(e).

(d) Merge or consolidate or be merged or consolidated with or into any other corporation or other entity; provided that nothing in this Agreement shall prevent any Loan Party from merging into any other Loan Party.

(e) Consolidate any of that Loan Party’s operations with those of any other corporation or other entity other than another Loan Party.

(f) Subordinate any debts or obligations owed to that Loan Party by any third party to any other debts owed by such third party to any other Person.

(g) Engage in any interest rate swaps, caps, or similar activities, or any hedging activities, other than in the ordinary course and conduct of that Loan Party’s business and then only with a Lender or any Affiliate of a Lender.

 

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4.21. PERMITTED ACQUISITIONS. The Loan Parties may make Permitted Acquisitions without the consent of the Agent or the Lenders; provided that:

(a) Not less than fifteen (15) days prior written notice (with reasonable particularity as to the facts and circumstances in respect of which such notice is being given) of such Permitted Acquisition is given to the Administrative Agent.

(b) As of the date of such Permitted Acquisition immediately after giving effect thereto, the Total Facility Usage Ratio does not exceed 80% as determined by the Agent based upon the most recent Borrowing Base Certificate delivered to the Agent pursuant to Section 5.4 of the Loan Agreement;

(c) Together with the notice required by clause (a) of this Section, the Borrowers’ Representative has delivered to the Agent pro forma financial projections on a monthly basis demonstrating immediately after giving effect to the Permitted Acquisition, the Total Facility Usage Ratio would not exceed 80% as determined on a pro forma basis over the twelve (12) months next following the month during which the Permitted Acquisition is consummated, which projections are in form and substance satisfactory to the Agent and are based on reasonable projections of the financial performance of the Borrowers and are accompanied by a certificate of the Borrowers’ Representative’s Chief Executive Officer, President or Chief Financial Officer certifying that such projections are accurate and complete.

(d) No Event of Default then exists or would result from any such Permitted Acquisition.

(e) With respect, to and in the event of any Permitted Acquisition which consists of, or results in the creation of, a Subsidiary, the Administrative Agent shall be provided with such Subsidiary’s Guarantor Agreement (in form and substance satisfactory to the Administrative Agent), which Guarantor Agreement shall be secured by first perfected security interests and liens on substantially all of the assets of such Subsidiary, subject to the same limitations set forth in Section 8.1 hereof and subject to Permitted Encumbrances.

(f) The Agent and the Lenders shall have no obligation to include any Inventory acquired in such Permitted Acquisition (or Inventory of a similar type and nature acquired after the Permitted Acquisition) as Eligible Inventory.

4.22. LOANS. The Loan Parties shall not make any loans to, nor acquire the Indebtedness of, any Person, provided, however, the foregoing does not prohibit any of the following:

(a) Subject to such conditions respectively as apply thereto, the making of Permitted Investments.

(b) Advance payments made to a Loan Party’s suppliers in the ordinary course.

 

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(c) Advances to a Loan Party’s officers, employees, and salespersons with respect to reasonable expenses to be incurred by such officers, employees, and salespersons for the benefit of a Loan Party, which expenses are properly substantiated by the person seeking such advance and properly reimbursable by a Loan Party.

(d) Loans to a Loan Party’s officers and employees not exceeding $400,000 in the aggregate at any one time outstanding, provided that each such loan is for a term of not more than 90 days from the date on which it is made and is paid within such 90-day period; provided that, all amounts due on account of loans permitted under this clause (d) shall constitute Collateral and shall be pledged to the Collateral Agent for the benefit of the Lenders; and

(e) Advances to contractors for the construction or renovation of stores, buildings or improvements for use in the business of a Loan Party.

(f) Loans by Casual Male or Designs Apparel, Inc. to Guarantors to finance the purchases by Guarantors of Inventory pursuant to the Amended and Restated Inventory Purchase Agreement and to permit such Guarantors to pay ordinary course operating expenses (including, without limitation, rent, utilities and taxes) so long as in each case such intercompany loans shall be evidenced by, and subject to, such documentation (including, without limitation, notes and pledge agreements) as the Collateral Agent may require.

4.23. RESTRICTIONS ON SALE OF COLLATERAL; LICENSE AGREEMENTS. To the Loan Parties’ knowledge, the Loan Parties are not, and shall not become, party to any agreement or understanding which limits, impairs, or otherwise restricts the ability of the Collateral Agent to freely sell and dispose of any of the Collateral (including, without limitation, any repurchase agreements, rights of first refusal or other agreements which limit or condition the time, manner, place or price for the sale or disposition of the Collateral) other than that certain License Agreement dated as of May 31, 2004 by and between George Foreman Productions, Inc. and Casual Male as in effect as in the date of this Agreement. The Loan Parties shall not effect or permit any material change or amendment to the terms of such License Agreements which would impose further restrictions to the Collateral Agent’s disposition of the Collateral or would shorten the term of such License Agreements.

4.24. PROTECTION OF ASSETS. The Administrative Agent, in the Administrative Agent’s discretion, from time to time, may discharge any tax or Encumbrance on any of the Collateral, or take any other action which the Administrative Agent may deem necessary or desirable to repair, insure, maintain, preserve, collect, or realize upon any of the Collateral. The Administrative Agent shall not have any obligation to undertake any of the foregoing and shall have no liability on account of any action so undertaken except where there is a specific finding in a judicial proceeding (in which the Administrative Agent has had an opportunity to be heard), from which finding no further appeal is available, that the Administrative Agent had acted in actual bad faith or in a grossly negligent manner. The Loan Parties shall pay to the Administrative Agent, on demand, or the Administrative Agent, in its discretion, may add to the Loan Account, all amounts paid or incurred by the Administrative Agent pursuant to this Section 4.24.

 

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4.25. LINE OF BUSINESS.

(a) Except as provided in Sections 4.20, 4.23 and 4.25(c), no Loan Party shall engage in any business other than the business in which it is currently engaged or plans to be engaged, as reflected in the Business Plan, or a business reasonably related thereto (the conduct of which reasonably related business is reflected in the Business Plan), provided that the foregoing shall not prohibit the expansion or contraction of a Loan Party’s business so long as the Loan Parties are still engaged solely in the retail sale of apparel, footwear and related accessories and other activities, ancillary, incidental or necessary thereto, and such expansion or contraction is otherwise permitted under other Sections of this Agreement.

(b) The Loan Parties, with the prior written notice to the Administrative Agent in each instance, may license the use of up to 5% of the selling space of any Store (measured in terms of square feet) for the operation of certain departments of their Stores by third parties.

(c) The Loan Parties, with the prior written consent of the Administrative Agent (as to which, see Section 4.25(c)(i)), may (x) license the use of more than 5% of the selling space of any Store (measured in terms of square feet) for the operation of certain departments by third parties and (y) franchise to others the right to operate comparable Stores, it being understood that:

(i) The Administrative Agent’s determination to consent to the Loan Parties’ activities described in Section 4.25(c) may be conditioned on the Administrative Agent’s being satisfied that the secured position of the Collateral Agent, and the Agents’ Rights and Remedies, would not be adversely affected by such restructuring and that such restructuring does not place any material additional administrative burdens on the Agents.

(ii) The Administrative Agent may provide such consent pursuant to this Section 4.25(c) on its own authority and without obtaining the Consent of the Majority Lenders.

(iii) The Administrative Agent may condition its providing of such consent pursuant to this Section 4.25(c) on the Consent of the Majority Lenders.

4.26. AFFILIATE TRANSACTIONS. No Loan Party shall make any payment, nor give any value, to any Affiliate except for:

(a) Goods and services actually purchased by that Loan Party from, or sold by that Loan Party to, such Affiliate for a price and on terms which shall

(i) be competitive and fully deductible as an “ordinary and necessary business expense” and/or fully depreciable under the Internal Revenue Code of 1986 and the Treasury Regulations, each as amended; and

 

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(ii) be no less favorable to that Loan Party than those which would have been charged and imposed in an arms length transaction.

4.27. FURTHER ASSURANCES.

(a) No Loan Party is the owner of, nor has it any interest in, any property or asset which, immediately upon the satisfaction of the conditions precedent to the effectiveness of the credit facility contemplated hereby (Article 4) and the proper filing of Uniform Commercial Code Financing Statements and delivery of any Collateral in which a security interest must be perfected by possession, will not be subject to a perfected Collateral Interest in favor of the Collateral Agent (subject only to Permitted Encumbrances) to secure the Liabilities.

(b) Except as otherwise permitted by this Agreement, no Loan Party will hereafter acquire any asset or any interest in property which is not, immediately upon such acquisition, subject to such a perfected Collateral Interest in favor of the Collateral Agent to secure the Liabilities (subject only to Permitted Encumbrances).

(c) Each Loan Party shall execute and deliver to the Administrative Agent such instruments, documents, and papers, and shall do all such things from time to time hereafter as the Administrative Agent reasonably may request, to carry into effect the provisions and intent of this Agreement; to protect and perfect the Collateral Agent’s Collateral Interests in the Collateral; and to comply with all applicable statutes and laws, and facilitate the collection of the Receivables Collateral. Each Loan Party shall execute all such instruments as may be required by the Administrative Agent with respect to the recordation and/or perfection of the Collateral Interests created or contemplated herein.

(d) Each Loan Party hereby designates the Collateral Agent as and for that Loan Party’s true and lawful attorney, with full power of substitution, to sign and file any financing statements in order to perfect or protect the Collateral Agent’s Collateral Interests in the Collateral.

(e) This Agreement constitutes an authenticated record which authorizes the Collateral Agent to file such financing statements as the Collateral Agent determines as appropriate to perfect or protect the Agent’s Collateral Interests created hereby.

(f) A carbon, photographic, or other reproduction of this Agreement or of any financing statement or other instrument executed pursuant to this Section 4.27 shall be sufficient for filing to perfect the security interests granted herein.

4.28. ADEQUACY OF DISCLOSURE.

(a) All financial statements furnished to each Agent and each Lender by each Loan Party have been prepared in accordance with GAAP consistently applied and present fairly the condition of the Loan Parties at the date(s) thereof and the results of operations and cash flows for the period(s) covered (provided however, that unaudited financial statements are subject to normal year end adjustments and to the absence of footnotes). There has been no change in the Consolidated financial condition, results of operations, or cash flows of the Loan

 

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Parties since the date(s) of the most recent financial statements delivered to the Administrative Agent, as supplemented by the Business Plan, other than changes in the ordinary course of business, which changes have not been materially adverse, either singularly or in the aggregate.

(b) Except as set forth on EXHIBIT 4.28(b), annexed hereto, no Loan Party has any contingent obligations or obligation under any Lease or Capital Lease which is not noted in the Loan Parties’ Consolidated financial statements furnished to each Agent and each Lender prior to the execution of this Agreement other than obligations which are entered into in the ordinary course of business since the date of such financial statement.

(c) No document, instrument, agreement, or paper now or hereafter given to any Agent and any Lender by or on behalf of each Loan Party or any guarantor of the Liabilities in connection with the execution of this Agreement by each Agent and each Lender (except for any projections provided by or on behalf of any Loan Party) contains or will contain any untrue statement of a material fact or omits or will omit to state a material fact necessary in order to make the statements therein not misleading.

4.29. NO RESTRICTIONS ON LIABILITIES. No Loan Party shall enter into or directly or indirectly become subject to any agreement which prohibits or restricts, in any manner, any Loan Party’s:

(a) Creation of, and granting of Collateral Interests in favor of the Collateral Agent.

(b) Incurrence of Liabilities.

4.30. OTHER COVENANTS. No Loan Party shall indirectly do or cause to be done any act which, if done directly by that Loan Party, would breach any covenant contained in this Agreement.

4.31. INVENTORY PURCHASING. Any Person which at any time becomes a Loan Party shall become party to, and shall at all times comply with the terms and conditions set forth in, the Inventory Purchase Agreement including, without limitation, the obligation of each Loan Party (other than Designs Apparel, Inc.) to purchase of all of its Inventory exclusively from Designs Apparel, Inc, provided, however, RBT may directly purchase de minimus amounts of Inventory for its own account. The Inventory Purchase Agreement may not be amended, modified or supplemented, except for the addition of Loan Parties, or terminated without the prior written consent of the Administrative Agent.

ARTICLE 5 - FINANCIAL REPORTING AND PERFORMANCE COVENANTS:

5.1. MAINTAIN RECORDS. The Loan Parties shall:

(a) At all times, keep proper books of account, in which full, true, and accurate entries shall be made of all of the Loan Parties’ financial transactions, all in accordance with GAAP applied consistently with prior periods to fairly reflect the Consolidated financial condition of the Loan Parties at the close of, and its results of operations for, the periods in question.

 

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(b) Timely provide the Administrative Agent with those financial reports, statements, and schedules required by this Article 5 or otherwise, each of which reports, statements and schedules shall be prepared, to the extent applicable, in accordance with GAAP applied consistently with prior periods to fairly reflect the Consolidated financial condition of the Loan Parties at the close of, and the results of operations for, the period(s) covered therein.

(c) At all times, keep accurate current records of the Collateral including, without limitation, accurate current stock, cost, and sales records of its Inventory, accurately and sufficiently itemizing and describing the kinds, types, and quantities of Inventory and the cost and selling prices thereof.

(d) At all times, retain Ernst & Young, LLP or such other independent certified public accountants who are reasonably satisfactory to the Administrative Agent and instruct such accountants to fully cooperate with, and be available to, the Administrative Agent to discuss the Loan Parties’ financial performance, financial condition, operating results, controls, and such other matters, within the scope of the retention of such accountants, as may be raised by the Administrative Agent.

(e) Not change any Loan Party’s Fiscal year.

5.2. ACCESS TO RECORDS.

(a) Each Loan Party shall accord the Administrative Agent with reasonable access on reasonable notice during customary business hours from time to time as the Administrative Agent reasonably may require to all properties owned by or over which any Loan Party has control. The Administrative Agent shall have the right during customary business hours on reasonable notice, and each Loan Party will permit the Administrative Agent from time to time as Administrative Agent reasonably may request, to examine, inspect, copy, and make extracts from any and all of the Loan Parties’ books, records, electronically stored data, papers, and files. Each Loan Party shall make all of that Loan Party’s copying facilities available to the Administrative Agent.

(b) Each Loan Party hereby authorizes the Administrative Agent during customary business hours on reasonable notice to:

(i) Inspect, copy, duplicate, review, cause to be reduced to hard copy, run off, draw off, and otherwise use any and all computer or electronically stored information or data which relates to any Loan Party, or any service bureau, contractor, accountant, or other person, and directs any such service bureau, contractor, accountant, or other person fully to cooperate with the Administrative Agent with respect thereto.

(ii) Verify at any time the Collateral or any portion thereof, including verification with Account Debtors, and/or with each Loan Party’s computer billing companies, collection agencies, and accountants and to sign the name of each Loan Party on any notice to each Loan Party’s Account Debtors or verification of the Collateral.

 

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(c) The Borrowers’ Representative, on reasonable request from time to time from the Administrative Agent, will make representatives of management available from time to time to discuss the Loan Parties’ operating results and other related matters with the Administrative Agent.

(d) The Administrative Agent from time to time may designate one or more representatives to exercise the Administrative Agent’s rights under this Section 5.2 as fully as if the Administrative Agent were doing so.

5.3. PROMPT NOTICE TO ADMINISTRATIVE AGENT.

(a) The Borrowers’ Representative shall provide the Administrative Agent with written notice promptly upon its becoming aware of the occurrence of any of the following events, which written notice shall be with reasonable particularity as to the facts and circumstances in respect of which such notice is being given:

(i) Any material adverse change in the business affairs of any Loan Party.

(ii) Any change in the executive officers of any Loan Party.

(iii) Any ceasing of the Loan Parties’ making of payments, in the ordinary course, to any of its creditors, on account of obligations aggregating in excess of $180,000.00 (including the ceasing of the making of such payments on account of a dispute with the subject creditor).

(iv) Any failure by a Loan Party to pay rent at any of the Loan Parties’ locations which rent in the aggregate exceeds $180,000.00, which failure continues for more than ten (10) days following the day on which such rent first came due.

(v) Any Default.

(vi) Any intention on the part of a Loan Party to discharge that Loan Party’s present independent accountants or any withdrawal or resignation by such independent accountants from their acting in such capacity (as to which, see Subsection 5.1(d)).

(vii) Any litigation which, if determined adversely to a Loan Party, would have a material adverse effect on the financial condition of that Loan Party.

(b) The Borrowers’ Representative shall:

(i) Add the Administrative Agent as an addressee on all mailing lists maintained by or for any Loan Party.

 

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(ii) At the request of the Administrative Agent provide the Administrative Agent with a copy of the results of any physical or cycle count of a Loan Party’s Inventory.

(iii) Provide the Administrative Agent, when received by any Loan Party, with a copy of any management letter or similar communications from any accountant of that Loan Party.

(iv) Provide the Administrative Agent with copies of all filings by each Loan Party with the Securities and Exchange Commission, when so filed, and when received, copies of all correspondence from the SEC, other than routine non-substantive general communications from the SEC.

(v) Provide the Administrative Agent with written notice of any intended bulk sale, liquidation, or other disposition of assets of any Loan Party at least ten (10) Business Days prior to the consummation of such sale or disposition, or commencement of such liquidation and a detailed summary of the net proceeds expected to be received therefrom, provided that nothing in this Section is intended to be, or shall be deemed to be, a waiver of any restriction on such disposition of assets set forth elsewhere in this Agreement including without limitation Section 4.14 .

(vi) Provide the Administrative Agent, when so distributed, with copies of any materials distributed to the shareholders of Casual Male and each of the other Loan Parties (qua such shareholders).

5.4. BORROWING BASE CERTIFICATE. The Borrowers’ Representative shall provide the Administrative Agent on the third Business Day of each Fiscal Month as of the close of business the last day of the immediately preceding month, with a Borrowing Base Certificate (in the form of EXHIBIT 5.4 annexed hereto, as such form may be revised from time to time by the Administrative Agent, the “Borrowing Base Certificate”), provided, that at anytime that (i) the Total Facility Usage Ratio is greater than 80%; or (ii) a Default exists, at the election of the Agent such Borrowing Base Certificate shall be delivered weekly by 11:30 a.m. on Wednesday of each week as of the close of business for the immediately preceding week. Such Certificate may be sent to the Administrative Agent by facsimile transmission or by electronic mail, provided that the original thereof is forwarded to the Administrative Agent on the date of such transmission.

5.5. MONTHLY REPORTS. Monthly, within thirty (30) days following the end of each Fiscal month of the Loan Parties, the Borrowers’ Representative shall provide the Administrative Agent with the following:

(a) An original counterpart of a management prepared Consolidated and consolidating financial statement of the Loan Parties for the subject month and for the period from the beginning of the Loan Parties’ then current Fiscal year through the end of the subject month, with comparative information for the same period of the previous Fiscal year and to the Business Plan or updated forecast, which statement shall include, at a minimum, a balance sheet, income statement, and cash flows.

 

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(b) The officer’s compliance certificate described in Section 5.8.

5.6. QUARTERLY REPORTS. Quarterly, within fifty (50) days following the end of each Fiscal quarter of the Loan Parties, the Borrowers’ Representative shall provide the Administrative Agent with the following:

(a) An original counterpart of a management prepared Consolidated and consolidating financial statement of the Loan Parties for the subject quarter and for the period from the beginning of the Loan Parties’ then current Fiscal year through the end of the subject quarter, with comparative information for the same period of the previous Fiscal year and to the Business Plan or updated forecast, which statement shall include, at a minimum, a balance sheet, income statement, and cash flows.

(b) An updated pro forma financial statement for the next twelve month period, reflecting any proposed repurchases, redemptions, or acquisitions of any Capital Stock or the Convertible Notes.

(c) The officer’s compliance certificate described in Section 5.8.

5.7. ANNUAL REPORTS.

(a) Annually within ninety-five (95) days following the end of the Loan Parties’ Fiscal year, the Borrowers’ Representative shall furnish the Administrative Agent with the following:

(i) An original signed counterpart of the Loan Parties’ annual Consolidated financial statement (with consolidating schedules), which statement shall have been prepared by, and bear the unqualified opinion of, the Loan Parties’ independent certified public accountants (i.e. said statement shall be “certified” by such accountants). Such annual statement shall include, at a minimum (with comparative information for the then prior Fiscal year, a balance sheet, income statement, statement of changes in shareholders’ equity, and cash flows.

(ii) The following Consolidated and consolidating financial statements for the Loan Parties for the prior Fiscal year (each prepared by the Loan Parties’ independent accountants): Balance sheet, income statement, statement of changes in stockholders’ equity and cash flow.

(b) No later than the earlier of fifteen (15) days prior to the end of each Fiscal year of the Loan Parties or the date on which such accountants commence their work on the preparation of the Loan Parties’ annual financial statement, the Borrowers’ Representative shall give written notice to such accountants (with a copy of such notice, when sent, to the Administrative Agent), that:

(i) Such annual financial statement will be delivered by the Borrowers’ Representative to the Administrative Agent (for subsequent distribution to each Lender).

 

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(ii) Among other things, it is the intention of each Loan Party, in its engagement of such accountants, to satisfy the financial reporting requirements set forth in this Article 5.

(iii) The Borrowers’ Representative has been advised that the Administrative Agent and each Lender)

will rely thereon with respect to the administration of, and transactions under, the credit facility contemplated by this Agreement.

(c) Each annual financial statement shall be accompanied by such accountant’s Certificate indicating that, in conducting the audit for such annual statement, nothing came to the attention of such accountants to believe that such Loan Party is in Default (or that if the Loan Party is in Default, the facts and circumstances thereof).

(d) Annually within thirty (30) days following the end of the Loan Parties’ Fiscal year, the Borrowers’ Representative shall furnish the Administrative Agent with an updated Business Plan for the current Fiscal year which Business Plan shall include, at a minimum, a balance sheet, income statement, cash flows, and availability model each on a monthly basis for the following twelve (12) month period.

5.8. OFFICERS’ CERTIFICATES. The Borrowers’ Representative shall cause the Borrowers’ Representative’s Chief Executive Officer, its President or its Chief Financial Officer of the Borrowers’ Representative, in each instance, to provide such Person’s Certificate with those monthly, quarterly, and annual statements to be furnished pursuant to this Agreement, which Certificate shall:

(a) Indicate that the subject financial statement was prepared in accordance with GAAP consistently applied and presents fairly the Consolidated financial condition of the Loan Parties at the close of, and the results of the Loan Parties’ operations and cash flows for, the period(s) covered thereby, subject, however to the following:

(i) Usual year end adjustments (this exception shall not be included in the Certificate which accompanies the Loan Parties’ annual financial statement).

(ii) Material Accounting Changes.

(b) Indicate either that (i) no Default has occurred and is continuing, or (ii) if a Default has occurred and is continuing, its nature (in reasonable detail) and the steps (if any) being taken or contemplated by the Loan Parties to be taken on account thereof.

 

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5.9. INVENTORIES, APPRAISALS, AND AUDITS.

(a) The Administrative Agent may observe each inventory and any cycle count of the Collateral which is undertaken on behalf of any Loan Party. The Loan Parties shall conduct not less than one physical inventory, per Store and per warehouse, per Fiscal year. The Administrative Agent does not contemplate undertaking or requiring any additional physical inventories by or of the Loan Parties, provided, however, the Administrative Agent may do so if a Default has occurred and is continuing.

(i) On the Administrative Agent’s request, the Borrowers’ Representative shall provide the Administrative Agent with a copy of the preliminary results of each such inventory (as well as of any other physical inventory undertaken by any Loan Party) within ten (10) days following the completion of such inventory.

(ii) The Borrowers’ Representative, within thirty (30) days following the completion of such inventory, shall provide the Administrative Agent with a reconciliation of the results of each such inventory (as well as of any other physical inventory undertaken by any Loan Party) and shall post such results to the Loan Parties’ stock ledger and, as applicable to the Loan Parties’ other financial books and records .

(iii) The Administrative Agent, in its discretion, if a Default has occurred and is continuing, may cause such additional inventories to be taken as the Administrative Agent determines (each, at the expense of the Loan Parties)

(b) The Administrative Agent may obtain appraisals of the Collateral, from time to time (in all events, at the Loan Parties’ expense) conducted by such appraisers as are satisfactory to the Administrative Agent. As of the Closing Date, the Administrative Agent contemplates obtaining two (2) appraisals (in all events, at the Loan Parties’ expense) of the Loan Parties’ Inventory during any twelve (12) month period during which this Agreement is in effect, each conducted by such appraisers as are satisfactory to the Administrative Agent. In addition, the Administrative Agent may obtain additional appraisals at its own expense, provided, however, following the occurrence of an Event of Default, the Administrative Agent may cause additional such appraisals to be undertaken at the Loan Parties’ expense.

(c) The Administrative Agent contemplates conducting two (2) commercial finance audits (in each event, at the Loan Parties’ expense) of the Loan Parties’ books and records during any twelve (12) month period during which this Agreement is in effect. In addition, the Administrative Agent may obtain additional commercial finance audits at its own expense, provided, however following the occurrence of an Event of Default, the Administrative Agent may cause additional such commercial finance audits to be undertaken at the Loan Parties’ expense.

5.10. ADDITIONAL FINANCIAL INFORMATION.

(a) In addition to all other information required to be provided pursuant to this Article 5, the Borrowers’ Representative promptly shall provide the Administrative Agent with such other and additional information concerning the Loan Parties (and any guarantor of the Liabilities), the Collateral, the operation of the Loan Parties’ business, and the Loan Parties’ financial condition, including original counterparts of financial reports and statements, as the Administrative Agent reasonably may from time to time request, in its own discretion.

 

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(b) The Borrowers’ Representative may provide the Administrative Agent, from time to time hereafter, with updated forecasts of the Loan Parties’ anticipated performance and operating results.

(c) In all events, the Borrowers’ Representative, by no later than thirty (30) days prior the end of each Fiscal year, shall furnish the Administrative Agent with an updated and extended forecast (which shall include, on a month-by-month basis, balance sheets, income statements, and statements of cash flow, as well as of all components of the Borrowing Base as of the end of each month) through the end of the succeeding Fiscal year.

(d) Each Loan Party recognizes that all appraisals, inventories, analyses, financial information, and other materials which the Administrative Agent may obtain, develop, or receive with respect to the Loan Parties are confidential to the Administrative Agent and that, except as otherwise provided herein, no Loan Party is entitled to receipt of any of such appraisals, inventories, analyses, financial information, and other materials, nor copies or extracts thereof or therefrom.

ARTICLE 6 - Use of Collateral:

6.1. USE OF INVENTORY COLLATERAL.

(a) No Loan Party shall engage in any of the following with respect to its Inventory:

(i) Any sale other than for fair consideration in the conduct of the Loan Parties’ business in the ordinary course.

(ii) Sales or other dispositions to creditors.

(iii) Sales or other dispositions in bulk.

(iv) Sales of any Collateral in breach of any provision of this Agreement.

(b) No sale of Inventory shall be on consignment, approval, or under any other circumstances such that, with the exception of the Loan Parties’ customary return policy applicable to the return of Inventory purchased by the Loan Parties’ retail customers in the ordinary course, such Inventory may be returned to a Loan Party without the consent of the Administrative Agent.

6.2. INVENTORY QUALITY. All Inventory now owned or hereafter acquired by a Loan Party is and will be of good and merchantable quality and free from defects (other than defects within customary trade tolerances), other than Inventory owned or acquired for outlet stores, which in the ordinary course sell manufacturer’s overruns, discontinued lines, and irregulars.

 

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6.3. ADJUSTMENTS AND ALLOWANCES. Each Loan Party may grant such allowances or other adjustments to that Loan Party’s Account Debtors (exclusive of extending the time for payment of any material Account or Account Receivable, which shall not be done without first obtaining the Administrative Agent’s prior written consent in each instance) as that Loan Party may reasonably deem to accord with sound business practice, provided, however, at any time that a Default has occurred and is continuing, the authority granted the Loan Parties pursuant to this Section 6.3 may be limited or terminated by the Administrative Agent at any time in the Administrative Agent’s discretion.

ARTICLE 7 - Cash Management. Payment of Liabilities:

7.1. DEPOSITORY ACCOUNTS.

(a) Annexed hereto as EXHIBIT 7.1 is a Schedule of all present DDA’s, which Schedule includes, with respect to each depository (i) the name and address of that depository; (ii) the account number(s) of the account(s) maintained with such depository; and (iii) a contact person at such depository.

(b) The Borrowers’ Representative shall deliver to the Administrative Agent, as a condition to the effectiveness of this Agreement:

(i) Notifications (in a form satisfactory to the Administrative Agent) executed on behalf of the relevant Loan Party to each depository institution with which any DDA (other than any Exempt DDA and the Operating Account ) is maintained of the Collateral Agent’s Collateral Interest in such DDA.

(ii) A Blocked Account Agreement with any depository institution at which:

(A) Both a DDA (other than the Operating Account) and the Operating Account are maintained.

(B) A deposit account other than solely a DDA is maintained .

(iii) An agreement (generally referred to as a “Blocked Account Agreement”), in form satisfactory to the Administrative Agent, with each depository institution at which a Blocked Account is maintained.

(c) No Loan Party will establish any DDA hereafter unless, contemporaneously with such establishment, the Borrowers’ Representative provides a notification of the Collateral Agent’s Collateral Interest in such DDA, no Loan Party will establish any deposit account other than a DDA or Exempt DDA, unless the Borrowers’ Representative provides the Administrative Agent with a Blocked Account Agreement.

 

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7.2. CREDIT CARD RECEIPTS.

(a) Annexed hereto as EXHIBIT 7.2, is a Schedule which describes all arrangements to which each Loan Party is a party with respect to the payment to such Loan Party of the proceeds of all credit card charges for sales by such Loan Party.

(b) The Borrowers’ Representative shall deliver to the Administrative Agent, as a condition to the effectiveness of this Agreement, notification, executed on behalf of the relevant Loan Party, to each of such Loan Party’s credit card clearinghouses and processors (in form satisfactory to the Administrative Agent ), which notice provides that payment of all credit card charges submitted by any Loan Party to that clearinghouse or processor and any other amount payable to any Loan Party by such clearinghouse or processor shall be directed to the Concentration Account or as otherwise designated from time to time by the Administrative Agent. No Loan Party shall change such direction or designation except upon and with the prior written consent of the Administrative Agent .

7.3. THE CONCENTRATION, BLOCKED, AND OPERATING ACCOUNTS.

(a) The following checking accounts have been or will be established (and are so referred to herein):

(i) The “Concentration Account” (so referred to herein): Established by the Administrative Agent with Bank of America.

(ii) The “Blocked Account” (so referred to herein): Established by the Borrowers’ Representative with Bank of America

(iii) The “Operating Account” (so referred to herein): Established by the Borrowers’ Representative with Bank of America.

(b) The contents of each DDA and of the Blocked Account constitutes Collateral and Proceeds of Collateral. The contents of the Concentration Account constitutes the Administrative Agent’s property.

(c) The Loan Parties shall pay all fees and charges of, and maintain such impressed balances as may be required by the depository in which any account is opened as required hereby (even if such account is opened by and/or is the property of the Administrative Agent).

7.4. PROCEEDS AND COLLECTIONS.

(a) All Receipts and all other cash proceeds of any sale or other disposition of any of each Loan Party’s assets:

(i) Constitute Collateral and proceeds of Collateral.

(ii) Shall be held in trust by the Loan Parties for the Administrative Agent.

 

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(iii) Shall not be commingled with any of any Loan Party’s other funds.

(iv) Shall be deposited and/or transferred only to the Blocked Account or the Concentration Account or DDAs which are swept on a periodic basis to a Blocked Account or the Concentration Account.

(b) The Borrowers’ Representative shall cause by ACH or wire transfer to the Blocked Account or the Concentration Account, no less frequently than daily (and whether or not there is then an outstanding balance in the Loan Account) the following:

(i) The entire contents (net of any minimum required balance not in any event to exceed $2500) of each DDA (but excluding any Exempt DDA).

(ii) The proceeds of all credit card charges not otherwise provided for pursuant hereto.

Telephone advice (confirmed by written notice) shall be provided to the Administrative Agent on each Business Day on which any such transfer is made.

(c) The Borrowers’ Representative shall cause by ACH or wire transfer to the Concentration Account, no less frequently than daily (and whether or not any Liabilities are then outstanding), of the entire ledger balance (net of any minimum required balance not in any event to exceed $2500) of the Blocked Account.

(d) In the event that, notwithstanding the provisions of this Section 7.4, any Loan Party receives or otherwise has dominion and control of any Receipts, or any other proceeds or collections of any Collateral, such Receipts, proceeds, and collections shall be held in trust by that Loan Party for the Administrative Agent and shall not be commingled with any of that Loan Party’s other funds or deposited in any account of any Loan Party other than as instructed by the Administrative Agent.

7.5. PAYMENT OF LIABILITIES.

(a) On each Business Day, the Administrative Agent shall apply the then collected balance of the Concentration Account (net of fees charged, and of such impressed balances as may be required by the bank at which the Concentration Account is maintained) first, against the SwingLine Loans (if any), and second, against the unpaid balance of the Loan Account and all other Liabilities, provided, that if and so long as the Excess Availability Ratio is greater than 50% for five (5) consecutive Business Days, the Borrowers’ Representative may instruct the Administrative Agent to apply such amounts to the outstanding principal balance of the Last Out Revolving Loans, in which case the Administrative Agent shall apply such amounts to the Last Out Revolving Loans until all Last Out Revolving Loans have been repaid in full. For purposes of the calculation of interest on the unpaid principal balance of the Loan Account, such payment shall be deemed to have been made one (1) Business Day after such transfer, and further provided that until the occurrence, and during the continuance, of an Event of Default, unless the Borrower Representative otherwise instructs the Administrative Agent, the balance of the Concentration Account shall not be applied to any LIBOR Loans until the end of the applicable Interest Period therefor.

 

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(b) The following rules shall apply to deposits and payments under and pursuant to this Section 7.5:

(i) Funds shall be deemed to have been deposited to the Concentration Account on the Business Day on which deposited, provided that notice of such deposit is delivered to the Administrative Agent by 2:00 PM on that Business Day.

(ii) Funds paid to the Administrative Agent, other than by deposit to the Concentration Account, shall be deemed to have been received on the Business Day when they are good and collected funds, provided that notice of such payment is delivered to the Administrative Agent by 2:00 PM on that Business Day.

(iii) If notice of a deposit to the Concentration Account (Section 7.5(b)(i)) or payment (Section 7.5(b)(ii)) is not delivered to the Administrative Agent until after 2:00 PM on a Business Day, such deposit or payment shall be deemed to have been made at 9:00 AM on the then next Business Day.

(iv) All deposits to the Concentration Account and other payments to the Administrative Agent are subject to clearance and collection.

(c) The Administrative Agent shall transfer to the Operating Account any surplus in the Concentration Account remaining after the application towards the Liabilities referred to in Section 7.5(a) above (less those amount which are to be netted out, as provided therein) provided, however, in the event that

(i) a Default has occurred and is continuing; and

(ii) one or more L/C’s are then outstanding.

then the Administrative Agent may establish a funded reserve of up to 110% of the aggregate of the Stated Amounts of such L/C’s. Such funded reserve shall either be (i) returned to the Borrowers’ Representative at such time that no Default has occurred and is continuing or (ii) applied towards the Liabilities following Acceleration.

7.6. THE OPERATING ACCOUNT. Except as otherwise specifically provided in, or permitted by, this Agreement, all checks shall be drawn by the Borrowers’ Representative upon, and other disbursements shall be made by the Borrowers’ Representative solely from, the Operating Account.

ARTICLE 8 - GRANT OF SECURITY INTEREST:

8.1. GRANT OF SECURITY INTEREST. To secure the Borrowers’ prompt, punctual, and faithful performance of all and each of the Liabilities, each Borrower hereby grants to the Collateral Agent, for the benefit of the Secured Parties as their interests may appear herein, a

 

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continuing security interest in and to, and assigns to the Collateral Agent, for the benefit of the Secured Parties as their interests may appear herein the following, and each item thereof, whether now owned or now due, or in which that Borrower has an interest, or hereafter acquired, arising, or to become due, or in which that Borrower obtains an interest, and all products, Proceeds, substitutions, and accessions of or to any of the following (all of which, together with any other property in which the Collateral Agent may in the future be granted a security interest, is referred to herein as the “Collateral”; any of the following terms not defined in this Agreement shall have the meanings attributed thereto in the UCC):

(a) All Accounts and accounts receivable.

(b) All Inventory.

(c) All General Intangibles.

(d) All Equipment.

(e) All Goods.

(f) All Farm Products.

(g) All Fixtures.

(h) All Chattel Paper.

(i) All Letter-of-Credit Rights.

(j) All Payment Intangibles.

(k) All Supporting Obligations.

(l) All books, records, and information relating to the Collateral and/or to the operation of each Borrower’s business, and all rights of access to such books, records, and information, and all property in which such books, records, and information are stored, recorded, and maintained.

(m) All Leasehold Interests.

(n) All Investment Property, Instruments, Documents, Deposit Accounts, money, policies and certificates of insurance, deposits, impressed accounts, compensating balances, cash, or other property.

(o) Commercial Tort Claims

(p) All insurance proceeds, refunds, and premium rebates, including, without limitation, proceeds of fire and credit insurance, whether any of such proceeds, refunds, and premium rebates arise out of any of the foregoing (8.1(a) through 8.1(n)) or otherwise.

 

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(q) All liens, guaranties, rights, remedies, and privileges pertaining to any of the foregoing (8.1(a) through 8.1(p)), including the right of stoppage in transit.

Notwithstanding anything in this Agreement to the contrary, with respect to each item of Collateral constituting Equipment subject to a Capital Lease, or constituting an agreement, license, permit or other instrument of a Borrower, such item shall be subject to the security interest created hereby only to the extent that the granting of such security interest, under the terms of such Capital Lease, agreement, license, permit or other instrument, or as provided by law, does not cause any default under or termination of such Capital Lease, agreement, license, permit or other instrument or the loss of any material right of a Borrower thereunder; provided, however, that in no event shall the foregoing be construed to exclude from the security interest created by this Agreement, proceeds or products of any such Capital Lease, agreement, license, permit or other instrument of a Borrower or any accounts receivable or the right to payments due or to become due a Borrower under any such agreement or other instrument.

8.2. EXTENT AND DURATION OF SECURITY INTEREST; NOTICE.

(a) The security interest created and granted herein is in addition to, and supplemental of, any security interest previously granted by any Borrower to the Collateral Agent and shall continue in full force and effect applicable to all Liabilities until both (a) all Liabilities have been paid and/or satisfied in full and (b) the security interest created herein is specifically terminated in writing by a duly authorized officer of the Collateral Agent.

(b) It is intended that the Collateral Interests created herein extend to and cover all assets of each Borrower.

(c) If a Borrower shall at any time acquire a Commercial Tort Claim, the Borrowers’ Representative shall promptly notify the Administrative Agent in writing of the details thereof and the Borrower shall take such actions as the Collateral Agent shall request in order to grant to the Collateral Agent, for the benefit of the Lenders as their interests may appear herein, a perfected and first priority security interest therein and in the Proceeds thereof.

ARTICLE 9 - Collateral Agent As Attorney-In-Fact:

9.1. APPOINTMENT AS ATTORNEY-IN-FACT. Each Borrower hereby irrevocably constitutes and appoints the Collateral Agent as that (acting through any of its officers) Borrower’s true and lawful attorney, with full power of substitution, following the occurrence of an Event of Default, to convert the Collateral into cash at the sole risk, cost, and expense of that Borrower, but for the sole benefit of the Agents and the Secured Parties. The rights and powers granted the Collateral Agent by this appointment include but are not limited to the right and power to:

(a) Prosecute, defend, compromise, or release any action relating to the Collateral.

 

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(b) Sign change of address forms to change the address to which each Borrower’s mail is to be sent to such address as the Collateral Agent shall designate; receive and open each Borrower’s mail; remove any Receivables Collateral and Proceeds of Collateral therefrom and turn over the balance of such mail either to the Borrowers’ Representative or to any trustee in bankruptcy or receiver of the Borrowers’ Representative, or other legal representative of a Borrower whom the Collateral Agent determines to be the appropriate person to whom to so turn over such mail.

(c) Endorse the name of the relevant Borrower in favor of the Collateral Agent upon any and all checks, drafts, notes, acceptances, or other items or instruments; sign and endorse the name of the relevant Borrower on, and receive as secured party, any of the Collateral, any invoices, schedules of Collateral, freight or express receipts, or bills of lading, storage receipts, warehouse receipts, or other documents of title respectively relating to the Collateral.

(d) Sign the name of the relevant Borrower on any notice to that Borrower’s Account Debtors or verification of the Receivables Collateral; sign the relevant Borrower’s name on any Proof of Claim in Bankruptcy against Account Debtors, and on notices of lien, claims of mechanic’s liens, or assignments or releases of mechanic’s liens securing the Accounts.

(e) Take all such action as may be necessary to obtain the payment of any letter of credit and/or banker’s acceptance of which any Borrower is a beneficiary.

(f) Repair, manufacture, assemble, complete, package, deliver, alter or supply goods, if any, necessary to fulfill in whole or in part the purchase order of any customer of each Borrower.

(g) Use, license or transfer any or all General Intangibles of each Borrower.

9.2. NO OBLIGATION TO ACT. The Collateral Agent shall not be obligated to do any of the acts or to exercise any of the powers authorized by Section 9.1 herein, but if the Collateral Agent elects to do any such act or to exercise any of such powers, it shall not be accountable for more than it actually receives as a result of such exercise of power, and shall not be responsible to any Borrower for any act or omission to act except for any act or omission to act as to which there is a final determination made in a judicial proceeding (in which proceeding the Collateral Agent has had an opportunity to be heard) which determination includes a specific finding that the subject act or omission to act had been grossly negligent or in actual bad faith or constituted willful misconduct.

ARTICLE 10 - Events of Default:

The occurrence of any event described in this Article 10 respectively shall constitute an “Event of Default” herein. The occurrence of any Event of Default shall also constitute, without notice or demand, a default under all other agreements between any Agent and any Lender and any Loan Party and instruments and papers heretofore, now, or hereafter given any Agent and any Lender by any Loan Party.

 

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10.1. FAILURE TO PAY THE CREDIT FACILITIES. The failure by any Loan Party to pay when due any principal of, interest on, or fees in respect of, the Credit Facilities.

10.2. FAILURE TO MAKE OTHER PAYMENTS. The failure by any Loan Party to pay within five (5) Business Days when due (or upon demand, if payable on demand) any payment Liability other than any payment liability on account of the principal of, or interest on, or fees in respect of, the Credit Facilities.

10.3. FAILURE TO PERFORM COVENANT OR LIABILITY (NO GRACE PERIOD). The failure by any Loan Party to promptly, punctually, faithfully and timely perform, discharge, or comply with any covenant or Liability not otherwise described in Section 10.1 or Section 10.2 hereof, and included in any of the following provisions hereof:

 

Section

  

Relates to:

4.2(c)

   State of Organization, State Identification Number and Taxpayer Identification Number

4.3(b)

   Notice of Name Change

4.5

   Location of Collateral

4.7(a)

   Title to Assets

4.8

   Indebtedness

4.9

   Insurance Policies

4.20

   Dividends, Investments and Other Entity Actions

4.26

   Affiliate Transactions

4.27

   Further Assurances

6.1

   Use of Inventory Collateral

Article 7

   Cash Management (except if the failure to comply is as a result of force majeure or through no fault of the Loan Parties)

10.4. FINANCIAL REPORTING REQUIREMENTS. The failure by any Loan Party to promptly, punctually, faithfully and timely perform, discharge, or comply with the financial reporting requirements included in Article 5, subject, however, to the following limited number of grace periods applicable to certain of those requirements:

 

REPORT / STATEMENT

   REQUIRED
BY
SECTION
    

GRACE PERIOD

  

NUMBER OF GRACE
PERIODS

Borrowing Base Certificates

     5.4       One Business Day    Three per Fiscal Quarter

Monthly Reports (30 Days)

     5.5       Three Business Days    Three in any 12 months

10.5. FAILURE TO PERFORM COVENANT OR LIABILITY (GRACE PERIOD). The failure by any Loan Party, within fifteen (15) days following the earlier of any Loan Party’s knowledge of a breach of any covenant or Liability not described in any of Sections 10.1, 10.2, 10.3, or 10.4, or of the Borrowers’ Representative’s receipt of written notice from the Administrative Agent of the breach of any such covenants or Liabilities.

 

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10.6. MISREPRESENTATION. The determination by the Administrative Agent that any representation or warranty at any time made by any Loan Party to any Agent or any Lender was not true or complete in all material respects when given.

10.7. ACCELERATION OF OTHER DEBT; BREACH OF LEASE. The occurrence of any event such that any Indebtedness of any Loan Party in excess of $1,000,000.00 to any creditor other than the Agent or any Lender could be accelerated (provided, that an event of default under the 12% Subordinated Note (or any Note Purchase Agreement under which such Subordinated Note is issued) caused solely by a breach of a representation or warranty shall not be an Event of Default hereunder) or, without the consent of a Loan Party, Leases with aggregate monthly rents of at least $500,000.00 could be terminated prior to the stated termination date thereof (whether or not the subject creditor or lessor takes any action on account of such occurrence).

10.8. DEFAULT UNDER OTHER AGREEMENTS. The occurrence of any breach or default under any agreement between the Agent or any Lender and any Loan Party or instrument or paper given the Agent or any Lender by any Loan Party not constituting a Loan Document, whether such agreement, instrument, or paper now exists or hereafter arises, with respect to Indebtedness in excess of $1,000,000.00 (notwithstanding that the Agent or the subject Lender may not have exercised its rights upon default under any such other agreement, instrument or paper).

10.9. UNINSURED CASUALTY LOSS. The occurrence of any uninsured loss, theft, damage, or destruction of or to any material portion of the Collateral.

10.10. ATTACHMENT; JUDGMENT; RESTRAINT OF BUSINESS.

(a) The service of process upon any Agent or any Lender or any Participant of a court order or order of any other applicable governmental authority attaching, by trustee, mesne, or other process, any funds of any Loan Party on deposit with, or assets of any Loan Party in the possession of, that Agent or that Lender or such Participant.

(b) The entry of judgments against any Loan Party, to the extent not covered by insurance (subject to a reasonable deductible) aggregating more than $750,000, which judgments are not satisfied (if a money judgment) or appealed from (with execution or similar process stayed) within thirty (30) days of entry.

(c) The entry of any order or the imposition of any other process having the force of law, the effect of which is to restrain in any material way the conduct by any Loan Party of its business in the ordinary course.

10.11. INDICTMENT - FORFEITURE. The indictment of, or institution of any legal process or proceeding against, any Loan Party, under any federal, state, municipal, and other civil or criminal statute, rule, regulation, order, or other requirement having the force of law where the relief, penalties, or remedies sought or available include the forfeiture of more than a

 

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de minimis part of the property of that Loan Party and/or the imposition of any stay or other order, the effect of which could be to restrain in any material way the conduct by any Loan Party of its business in the ordinary course.

10.12. CHALLENGE TO LOAN DOCUMENTS.

(a) Any challenge by or on behalf of the Borrowers’ Representative, any Loan Party to the validity of any Loan Document or the applicability or enforceability of any Loan Document strictly in accordance with the subject Loan Document’s terms or which seeks to void, avoid, limit, or otherwise adversely affect any security interest created by or in any Loan Document or any payment made pursuant thereto.

(b) Any determination by any court or any other judicial or government authority that any Loan Document is not enforceable strictly in accordance with the subject Loan Document’s terms or which voids, avoids, limits, or otherwise adversely affects any security interest created by any Loan Document or any payment made pursuant thereto.

10.13. CHANGE IN CONTROL. Any Change in Control.

10.14. BUSINESS FAILURE. Any act by, against or relating to any Loan Party, or its property or assets, which act constitutes the determination by any Loan Party to initiate or acquiesce to: a program of partial or total self-liquidation; an application for, consent to, or sufferance of the appointment of a receiver, trustee, or other person, pursuant to court action or otherwise, with respect to all or any part of any Loan Party’s property; the granting of any trust mortgage or execution of an assignment for the benefit of the creditors of any Loan Party; any other voluntary or involuntary liquidation or extension of debt agreement for any Loan Party; the offering by, or entering into by, any Loan Party of any composition, extension, or any other arrangement seeking relief from or extension of the debts of any Loan Party; or the initiation of any judicial or non-judicial proceeding or agreement by, against, or including any Loan Party which seeks or intends to accomplish a reorganization or arrangement with creditors; and/or the initiation by or on behalf of any Loan Party of the liquidation or winding up of all or any part of any Loan Party’s business or operations.

10.15. BANKRUPTCY. The failure by any Loan Party to generally pay the debts of that Loan Party as they mature; adjudication of bankruptcy or insolvency relative to any Loan Party; the entry of an order for relief or similar order with respect to any Loan Party in any proceeding pursuant to the Bankruptcy Code or any other federal bankruptcy law; the filing of any complaint, application, or petition by any Loan Party initiating any matter in which any Loan Party is or may be granted any relief from the debts of that Loan Party pursuant to the Bankruptcy Code or any other insolvency statute or procedure; the filing of any complaint, application, or petition against any Loan Party initiating any matter in which that Loan Party is or may be granted any relief from the debts of that Loan Party pursuant to the Bankruptcy Code or any other insolvency statute or procedure, which complaint, application, or petition is not timely contested in good faith by that Loan Party by appropriate proceedings or, if so contested, is not dismissed within ninety (90) days of when filed.

 

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10.16. TERMINATION OF BUSINESS. Unless subject to the prior written consent of the Agent, the determination of the Loan Parties, whether by vote of the Loan Parties’ board of directors or otherwise to: suspend the operation of the Loan Parties’ business in the ordinary course, liquidate all or a material portion of the Loan Parties’ assets or Stores, or employ an agent or other third party to conduct any so-called store closing, store liquidation or “Going-Out-Of-Business” sales (other than in connection with a Permitted Asset Disposition).

10.17. PAYMENT OF OTHER INDEBTEDNESS. The Loan Parties shall prepay or discharge any Indebtedness prior to its maturity date except as expressly permitted hereunder.

10.18. DEFAULT BY GUARANTOR; TERMINATION OF GUARANTY. The occurrence of any Guarantor Default and/or the termination or attempted termination of any Guaranty Agreement by any Person.

10.19. MATERIAL ADVERSE CHANGE. An event shall have occurred or failed to occur, which occurrence or failure is or could have a materially adverse effect upon the financial condition of Casual Male and its Subsidiaries when compared with such financial condition as of October 28, 2006.

ARTICLE 11 - RIGHTS AND REMEDIES UPON DEFAULT:

11.1. ACCELERATION. Upon the occurrence of any Event of Default, the Administrative Agent may (and on the issuance of Acceleration Notice(s) requisite to the causing of Acceleration, the Administrative Agent shall) declare all Indebtedness of the Loan Parties to the Lenders to be immediately due and payable and may exercise all of the Administrative Agent’s Rights and Remedies (and the Collateral Agent may likewise exercise all of its rights and remedies upon default) as the Administrative Agent from time to time thereafter determines as appropriate.

11.2. RIGHTS OF ENFORCEMENT. The Collateral Agent shall have all of the rights and remedies of a secured party upon default under the UCC, in addition to which the Collateral Agent shall have all and each of the following rights and remedies:

(a) To give notice to any bank at which any DDA or Blocked Account is maintained and in which Proceeds of Collateral are deposited, to turn over such Proceeds directly to the Collateral Agent.

(b) To give notice to any customs broker of any of the Loan Parties to follow the instructions of the Collateral Agent as provided in any written agreement or undertaking of such broker in favor of the Collateral Agent.

(c) To collect the Receivables Collateral with or without the taking of possession of any of the Collateral.

(d) To take possession of all or any portion of the Collateral.

 

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(e) To sell, lease, or otherwise dispose of any or all of the Collateral, in its then condition or following such preparation or processing as the Collateral Agent deems advisable and with or without the taking of possession of any of the Collateral.

(f) Subject to the terms of store leases and provisions of applicable law, to conduct one or more going out of business sales which include the sale or other disposition of the Collateral.

(g) To apply the Receivables Collateral or the Proceeds of the Collateral towards (but not necessarily in complete satisfaction of) the Liabilities.

(h) To exercise all or any of the rights, remedies, powers, privileges, and discretions under all or any of the Loan Documents.

11.3. SALE OF COLLATERAL.

(a) Any sale or other disposition of the Collateral may be at public or private sale upon such terms and in such manner as the Collateral Agent deems advisable, having due regard to compliance with any statute or regulation which might affect, limit, or apply to the Collateral Agent’s disposition of the Collateral.

(b) The Collateral Agent, in the exercise of the Collateral Agent’s rights and remedies upon default, may, subject to the terms of store leases and provisions of applicable law, conduct, or may require the Loan Parties to conduct, one or more going out of business sales, in the Collateral Agent’s own right or by one or more agents and contractors. Subject to the terms of store leases such sale(s) may be conducted upon any premises owned, leased, or occupied by any Loan Party. Subject to applicable law, the Collateral Agent and any such agent or contractor, in conjunction with any such sale, may augment the Inventory with other goods (all of which other goods shall remain the sole property of the Collateral Agent or such agent or contractor). The Borrowers shall have no responsibility or liability for any such augmented inventory. Any amounts realized from the sale of such goods which constitute augmentations to the Inventory (net of an allocable share of the costs and reasonable expenses incurred in their disposition) shall be the sole property of the Collateral Agent or such agent or contractor and neither any Loan Party nor any Person claiming under or in right of any Loan Party shall have any interest therein. The proceeds of any such going out of business sale which is conducted by a Loan Party at the request of the Collateral Agent shall be first applied to the direct costs of such sale.

(c) Unless the Collateral is perishable or threatens to decline speedily in value, or is of a type customarily sold on a recognized market (in which event the Collateral Agent shall provide the Borrowers’ Representative such notice as may be practicable under the circumstances), the Collateral Agent shall give the Borrowers’ Representative at least ten (10) days prior written notice of the date, time, and place of any proposed public sale, and of the date after which any private sale or other disposition of the Collateral may be made. Each Borrower agrees that such written notice shall satisfy all requirements for notice to that Borrower which are imposed under the UCC or other applicable law with respect to the exercise of the Collateral Agent’s rights and remedies upon default.

 

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(d) The Collateral Agent, the Administrative Agent, and any Lender may purchase the Collateral, or any portion of it at any sale held under this Article.

(e) If any of the Collateral is sold, leased, or otherwise disposed of by the Collateral Agent on credit, the Liabilities shall not be deemed to have been reduced as a result thereof unless and until payment is finally received thereon by the Collateral Agent.

(f) The Collateral Agent shall turn over to the Administrative Agent the proceeds of the exercise by the Collateral Agent of its rights and remedies under this Article 11. The Administrative Agent shall apply the proceeds of the Collateral Agent’s exercise of its rights and remedies upon default pursuant to this Article 11 in accordance with Sections 13.6 and 13.7.

11.4. OCCUPATION OF BUSINESS LOCATION. In connection with the Collateral Agent’s exercise of the Collateral Agent’s rights under this Article 11, the Collateral Agent may enter upon, occupy, and use any premises owned or occupied by each Loan Party, and may exclude each Loan Party from such premises or portion thereof as may have been so entered upon, occupied, or used by the Collateral Agent. The Collateral Agent shall not be required to remove any of the Collateral from any such premises upon the Collateral Agent’s taking possession thereof, and may render any Collateral unusable to the Loan Parties. In no event shall the Collateral Agent be liable to any Loan Party for use or occupancy by the Collateral Agent of any premises pursuant to this Article 11 nor for any charge (such as wages for any Loan Party’s employees and utilities) incurred in connection with the Collateral Agent’s exercise of the Collateral Agent’s Rights and Remedies.

11.5. GRANT OF NONEXCLUSIVE LICENSE. Except to the extent prohibited by a Borrower’s contractual obligations, which prohibition has been disclosed to the Administrative Agent, each Borrower hereby grants to the Collateral Agent a royalty free, nonexclusive and irrevocable license to use, apply, and affix any trademark, trade name, logo, or the like in which any Borrower now or hereafter has rights, such license being with respect to the Collateral Agent’s exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.

11.6. ASSEMBLY OF COLLATERAL. The Collateral Agent may require any Borrower to assemble the Collateral and make it available to the Collateral Agent at the Loan Parties’ sole risk and expense at a place or places which are reasonably convenient to both the Collateral Agent and the Borrowers’ Representative.

11.7. RIGHTS AND REMEDIES. The rights, remedies, powers, privileges, and discretions of the Administrative Agent hereunder (herein, the “Agents’ Rights and Remedies”) shall be cumulative and not exclusive of any rights or remedies which it would otherwise have. No delay or omission by an Agent in exercising or enforcing any of the Agents’ Rights and Remedies shall operate as, or constitute, a waiver thereof. No waiver by an Agent of any Event

 

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of Default or of any default under any other agreement shall operate as a waiver of any other default hereunder or under any other agreement. No single or partial exercise of any of the Agents’ Rights or Remedies, and no express or implied agreement or transaction of whatever nature entered into between any Agent and any person, at any time, shall preclude the other or further exercise of the Agents’ Rights and Remedies. No waiver by any Agent of any of the Agents’ Rights and Remedies on any one occasion shall be deemed a waiver on any subsequent occasion, nor shall it be deemed a continuing waiver. The Agents’ Rights and Remedies may be exercised at such time or times and in such order of preference as the Agents may determine. The Agents’ Rights and Remedies may be exercised without resort or regard to any other source of satisfaction of the Liabilities.

ARTICLE 12 - Loan Fundings and Distributions:

12.1. FUNDING PROCEDURES.

(a) The Agent shall advise each Lender, no later than 2:00 PM on a date on which any Loan (other than a SwingLine Loan) is to be made, that such Loan is to be made and whether the Loan is a Revolving Credit Loan or a Last Out Revolving Loan. Such advice, in each instance, may be by telephone or facsimile transmission, provided that if such advice is by telephone, it shall be confirmed in writing. Advice of a Loan shall include the amount of and interest rate applicable to the subject Loan.

(b) Subject to that Lender’s Dollar Commitment, each Lender, by no later than the end of business on the day on which the subject Loan is to be made, shall Transfer that Lender’s Percentage Commitment of the subject Loan to the Administrative Agent.

12.2. SWINGLINE LOANS.

(a) In the event that, when a Revolving Credit Loan is requested, the aggregate unpaid balance of the SwingLine Loan is less than the SwingLine Loan Ceiling, then the SwingLine Lender may advise the Administrative Agent that the SwingLine Lender has determined to include up to the amount of the requested Revolving Credit Loan as part of the SwingLine Loan. In such event, the SwingLine Lender shall Transfer the amount of the requested Revolving Credit Loan to the Administrative Agent.

(b) The SwingLine Loan shall be converted to a Revolving Credit Loan in which all Revolving Credit Lenders participate as follows:

(i) At any time and from time to time, the SwingLine Lender may advise the Administrative Agent that all, or any part, of the SwingLine Loan is to be converted to a Revolving Credit Loan in which all Revolving Credit Lenders participate, provided that if the Administrative Agent is not so advised by the SwingLine Lender, then all SwingLine Loans shall be converted no less frequently than weekly to Revolving Credit Loans in which all Revolving Credit Lenders participate.

 

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(ii) At the initiation of a Liquidation, the then entire unpaid principal balance of the SwingLine Loan shall be converted to a Revolving Credit Loan in which all Revolving Credit Lenders participate.

In either such event, the Administrative Agent shall advise each Revolving Credit Lender of such conversion as if, and with the same effect as if, such conversion were the making of a Revolving Credit Loan as provided in Section 13.1.

(c) The SwingLine Lender, in separate capacities, may also be one or more Agents or Lenders.

(d) The SwingLine Lender, in its capacity as SwingLine Lender, is not a “Lender” for any of the following purposes:

(i) Except as otherwise specifically provided in the relevant Section, any distribution pursuant to Section 13.7.

(ii) Determination of whether the requisite holders of Loan Commitments have Consented to action requiring such Consent.

12.3. ADMINISTRATIVE AGENTS COVERING OF FUNDINGS:

(a) Each Lender shall make available to the Administrative Agent, as provided herein, that Lender’s Percentage Commitment of the following:

(i) Each Revolving Credit Loan, up to the maximum amount of that Revolving Credit Lender’s Revolving Credit Dollar Commitment of the Revolving Credit Loans.

(ii) Up to the maximum amount of that Revolving Credit Lender’s Revolving Credit Dollar Commitment of each L/C Drawing (to the extent that such L/C Drawing is not “covered” by a Revolving Credit Loan as provided herein).

(iii) Each Last Out Revolving Loan, up to the maximum amount of that Last Out Lender’s Last Out Revolving Credit Dollar Commitment of the Last Out Revolving Loans.

(b) In all circumstances, the Administrative Agent may:

(i) Assume that each Lender, subject to Section 12.3(a), timely shall make available to the Administrative Agent that Lender’s Percentage Commitment of each Loan, notice of which is provided pursuant to Section 12.1 and shall make available, to the extent not “covered” by a Revolving Credit Loan, that Revolving Credit Lender’s Revolving Credit Percentage Commitment of any honoring of an L/C.

(ii) In reliance upon such assumption, make available the corresponding amount to the Loan Parties.

 

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(iii) Assume that each Lender timely shall pay, and shall make available, to the Administrative Agent all other amounts which that Lender is obligated to so pay and/or make available hereunder or under any of the other Loan Documents.

(c) In the event that, in reliance upon any of such assumptions, the Administrative Agent makes available a Lender’s Percentage Commitment of one or more Loans, or any other amount to be made available hereunder or under any of the other Loan Documents, which amount a Lender (a “Delinquent Lender”) fails to provide to the Administrative Agent within One (1) Business Day of written notice of such failure, then:

(i) The amount which had been made available by the Administrative Agent is an “Administrative Agent’s Cover” (and is so referred to herein).

(ii) All interest paid by the Loan Parties on account of the Loan or coverage of the subject L/C Drawing which consist of the Administrative Agent’s Cover shall be retained by the Administrative Agent until the Administrative Agent’s Cover, with interest, has been paid.

(iii) The Delinquent Lender shall pay to the Administrative Agent, on demand, interest at a rate equal to the prevailing federal funds rate on any Administrative Agent’s Cover in respect of that Delinquent Lender

(iv) The Administrative Agent shall have succeeded to all rights to payment to which the Delinquent Lender otherwise would have been entitled hereunder in respect of those amounts paid by or in respect of the Loan Parties on account of the Administrative Agent’s Cover together with interest until it is repaid. Such payments shall be deemed made first towards the amounts in respect of which the Administrative Agent’s Cover was provided and only then towards amounts in which the Delinquent Lender is then participating. For purposes of distributions to be made pursuant to Section 12.4(a) (which relates to ordinary course distributions) or Section 13.6 (which relates to distributions of proceeds of a Liquidation) below, amounts shall be deemed distributable to a Delinquent Lender (and consequently, to the Administrative Agent to the extent to which the Administrative Agent is then entitled) at the highest level of distribution (if applicable) at which the Delinquent Lender would otherwise have been entitled to a distribution.

(v) Subject to Subsection 12.3(c)(iv) the Delinquent Lender shall be entitled to receive any payments from the Loan Parties to which the Delinquent Lender is then entitled, provided however there shall be deducted from such amount and retained by the Administrative Agent any interest to which the Administrative Agent is then entitled on account of Subsection 12.3(c)(ii) above.

(d) A Delinquent Lender shall not be relieved of any obligation of such Delinquent Lender hereunder (all and each of which shall constitute continuing obligations on the part of any Delinquent Lender).

 

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(e) A Delinquent Lender may cure its status as a Delinquent Lender by paying the Administrative Agent the aggregate of the following:

(i) The Administrative Agent’s Cover (to the extent not previously repaid by the Loan Parties and retained by the Administrative Agent in accordance with Subsection 12.3(c)(iv), above) with respect to that Delinquent Lender.

Plus

(ii) The aggregate of the amount payable under Subsection 12.3(c)(iii), above (which relates to interest to be paid by that Delinquent Lender).

Plus

(iii) All such costs and expenses as may be incurred by the Administrative Agent in the enforcement of the Administrative Agent’s rights against such Delinquent Lender.

12.4. ORDINARY COURSE DISTRIBUTIONS: CREDIT FACILITIES. (This Section 12.4 applies unless the provisions of Section 13.6 (which relates to distributions in the event of a Liquidation) become operative).

(a) Weekly, on such day as may be set from time to time by the Administrative Agent (or more frequently at the Administrative Agent’s option), the Administrative Agent and each Lender shall settle up on amounts advanced under the Credit Facilities and collected funds received in the Concentration Account.

(b) The Administrative Agent shall distribute to the SwingLine Lender and to each Lender such Person’s respective Pro-Rata share of interest payments on the Loans when actually received and collected by the Administrative Agent (excluding the one Business Day for settlement provided for in 7.5(a) which shall be for the account of the Administrative Agent only). For purposes of calculating interest due to a Lender, that Lender shall be entitled to receive interest on the actual amount contributed by that Lender towards the principal balance of the Loans outstanding during the applicable period covered by the interest payment made by the Loan Parties. Any net principal reductions to the Loans received by the Administrative Agent in accordance with the Loan Documents during such period shall not reduce such actual amount so contributed, for purposes of calculation of interest due to that Lender, until the Administrative Agent has distributed to that Lender its Pro-Rata share thereof.

(c) The Administrative Agent shall distribute fees paid on account of the Credit Facilities, as follows:

(i) L/C Fee (Section 2.21(a)): Pro-Rata to the Revolving Credit Lenders.

(ii) Revolving Credit Unused Line Fee (Section 2.18): Pro-Rata to the Revolving Credit Lenders.

 

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(iii) Last Out Unused Line Fee (Section 2.16): Pro Rata to the Last Out Revolving Lenders.

(iv) Commitment Fee (Section 2.16): As provided in separate letter agreements with the respective Lenders.

(d) No Lender shall have any interest in or right to receive any part of the following:

(i) Any interest which reflects “float” as described in the proviso included in Section 7.5(a), all of which float shall be for the account of the Administrative Agent only.

(ii) The Administrative Agent’s Fee (Section 2.17) to be paid by the Loan Parties to the Administrative Agent.

(iii) Fees described in Section 2.21(b) (which relates to fees associated with, among other things, the issuance of L/C’s): Retained by the Issuer.

(iv) The Arrangement Fee which shall be retained by BAS.

(e) Any amount received by the Administrative Agent or the Collateral Agent as reimbursement for any cost or expense (including without limitation, reasonable attorneys’ fees) shall be distributed by the Administrative Agent to that Person which is entitled to such reimbursement as provided in this Agreement (and if such Person(s) is (are) the Lenders, Pro-Rata determined as of the date on which the expense, in respect of which such reimbursement is being made, was incurred).

(f) Each distribution pursuant to this Section 12.4 is subject to Section 12.3(c), above (which relates to the effect of the failure of any Lender to have Transferred to the Administrative Agent any amount which that Lender is then obligated to so Transfer pursuant to the within Agreement).

ARTICLE 13 - Acceleration and Liquidation:

13.1. ACCELERATION NOTICES.

(a) The Administrative Agent may give the Collateral Agent and Lenders an Acceleration Notice at any time following the occurrence of an Event of Default.

(b) The SuperMajority Lenders may give the Administrative Agent an Acceleration Notice at any time following the occurrence of an Event of Default. Such notice may be by multiple counterparts, provided that counterparts executed by the requisite Lenders are received by the Administrative Agent within a period of five (5) consecutive Business Days.

 

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13.2. ACCELERATION. Unless stayed by judicial or statutory process, the Administrative Agent shall Accelerate the Liabilities. within a commercially reasonable time following:

(a) The Administrative Agent’s giving of an Acceleration Notice to the Collateral Agent and the Lenders as provided in Section 13.1(a).

(b) The Administrative Agent’s receipt of an Acceleration Notice from the SuperMajority Lenders, in compliance with Section 13.1(b).

13.3. INITIATION OF LIQUIDATION. Unless stayed by judicial or statutory process, a Liquidation shall be initiated by the Collateral Agent within a commercially reasonable time following Acceleration of the Liabilities.

13.4. ACTIONS AT AND FOLLOWING INITIATION OF LIQUIDATION.

(a) At the initiation of a Liquidation:

(i) The unpaid principal balance of the SwingLine Loan (if any) shall be converted to a Revolving Credit Loan in which all Revolving Credit Lenders participate.

(ii) The Administrative Agent and the Revolving Credit Lenders shall “net out” each Revolving Credit Lender’s respective contributions towards the Revolving Credit Loans, so that each Revolving Credit Lender holds that Revolving Credit Lender’s Revolving Credit Percentage Commitment of the Revolving Credit Loans and advances.

(b) Following the initiation of a Liquidation, each Revolving Credit Lender shall contribute, towards any L/C thereafter honored and not immediately reimbursed by the Loan Parties, that Revolving Credit Lender’s Revolving Credit Percentage Commitment of such honoring.

(c) Following the initiation of a Liquidation, each Revolving Credit Lender shall contribute, towards any L/C thereafter honored and not immediately reimbursed by the Loan Parties, that Revolving Credit Lender’s Revolving Credit Percentage Commitment of such honoring.

13.5. COLLATERAL AGENTS CONDUCT OF LIQUIDATION.

(a) Any Liquidation shall be conducted by the Collateral Agent in the manner determined by it to be commercially reasonable.

(b) The Collateral Agent may establish one or more Nominees to “bid in” or otherwise acquire ownership to any Post Foreclosure Asset.

 

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(c) The Collateral Agent shall manage the Nominee and manage and dispose of any Post Foreclosure Assets with a view towards the realization of the economic benefits of the ownership of the Post Foreclosure Assets and in such regard, the Collateral Agent and/or the Nominee may operate, repair, manage, maintain, develop, and dispose of any Post Foreclosure Asset in such manner as the Collateral Agent determines as appropriate under the circumstances.

(d) Each Agent may decline to undertake or to continue taking a course of action or to execute an action plan (whether proposed by an Agent or a Lender) unless indemnified Pro-Rata to that Agent’s satisfaction by the Lenders against any and all liability and expense which may be incurred by that Agent by reason of taking or continuing to take that course of action or action plan.

(e) The Administrative Agent and each Lender shall execute all such instruments and documents not inconsistent with the provisions of this Agreement as the Administrative Agent and/or the Nominee reasonably may request with respect to the creation and governance of any Nominee, the conduct of the Liquidation, and the management and disposition of any Post Foreclosure Asset.

13.6. DISTRIBUTION OF LIQUIDATION PROCEEDS.

(a) The Collateral Agent may establish one or more reasonably funded reserve accounts into which proceeds of the conduct of any Liquidation may be deposited in anticipation of future expenses which may be incurred by any Agent in the exercise of rights as a secured creditor of the Loan Parties and prior claims which the Agents anticipate may need to be paid.

(b) The Collateral Agent shall distribute the proceeds of any Liquidation to the Administrative Agent.

(c) The Administrative Agent shall distribute the net proceeds of Liquidation, as distributed to the Administrative Agent by the Collateral Agent pursuant to Section 13.6(b), in accordance with the relative priorities set forth in Section 13.7.

(d) Each Lender, on the written request of the Administrative Agent and/or any Nominee, not more frequently than once each month, shall reimburse the Agents and/or any Nominee, Pro-Rata, for any cost or expense reasonably incurred by the Agents and/or the Nominee in the conduct of a Liquidation, which amount is not covered out of current proceeds of the Liquidation, which reimbursement shall be paid over to and distributed by the Administrative Agent.

13.7. RELATIVE PRIORITIES TO PROCEEDS OF LIQUIDATION.

(a) All distributions of proceeds of a Liquidation shall be net of payment over to the Agents as reimbursement for all reasonable third party costs and expenses incurred by the Agents and to Lenders’ Special Counsel and to any funded reserve established pursuant to Section 13.6(a).

 

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(b) The relative priorities to the proceeds of a Liquidation shall be distributed based on the following relative priorities:

(i) First, to the SwingLine Lender, on account of any SwingLine Loans not converted to Revolving Credit Loans pursuant to Section 13.4(a)(i); and then

(ii) Second, to pay interest due with respect to all Loans;

(iii) Third, to the Revolving Credit Lenders (other than any Delinquent Lender) and Issuer, Pro-Rata, to the unpaid principal balance of Revolving Credit Loans and any amounts owed on account of any L/Cs (including as cash collateral for any undrawn L/Cs) and fees due to the Issuer on account thereof; and then

(iv) Fourth, to the Revolving Credit Lenders (other than any Delinquent Lender), Pro-Rata, to Revolving Credit Fees, and then

(v) Fifth, to the Last Out Revolving Lenders (other than any Delinquent Lender) Pro-Rata, to the unpaid principal balance of the Last Out Revolving Loans; and then

(vi) Sixth, to the Last Out Revolving Lenders (other than any Delinquent Lender) Pro-Rata, the Last Out Lenders Fees; and then

(vii) Seventh, to any Delinquent Lenders, Pro-Rata to amounts to which such Lenders otherwise would have been entitled pursuant to Subsections 13.7(b)(iii), through 13.7(b)(vi) and then

(viii) Eighth, to Bank of America, or any of its Affiliates providing cash management services to the extent of their exposure thereto; and then

(ix) Ninth, to the Secured Parties on account of any Liabilities arising in connection with any Hedge Agreement.

ARTICLE 14 - THE AGENTS:

14.1. APPOINTMENT OF THE AGENTS.

(a) Each Lender appoints and designates Bank of America as the “Administrative Agent” hereunder and under the Loan Documents.

(b) Each Lender appoints and designates Bank of America as the “Collateral Agent” hereunder and under the Loan Documents.

(c) Each Lender authorizes each Agent:

(i) To execute those of the Loan Documents and all other instruments relating thereto to which that Agent is a party.

 

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(ii) To take such action on behalf of the Lenders and to exercise all such powers as are expressly delegated to that Agent hereunder and in the Loan Documents and all related documents, together with such other powers as are reasonably incident thereto.

(d) Reserved.

(e) Wells Fargo Foothill, LLC. has been granted the title of “Syndication Agent”, and National City Business Credit, Inc. has been granted the title of “Documentation Agent” in which capacity none shall have any rights nor any responsibilities. Any of the foregoing may resign such position at any time by written notice to the Administrative Agent and, in any event, shall cease to be Syndication Agent or Documentation Agent, as the case may be, contemporaneously with its ceasing to be a Revolving Credit Lender.

14.2. RESPONSIBILITIES OF AGENTS.

(a) The Administrative Agent shall have principal responsibilities for and primary authority for the administration of the credit facilities contemplated by this Agreement and for all matters for which the Collateral Agent is not responsible. In all instances where the allocation of responsibility and authority, as between the Collateral Agent and the Administrative Agent is in doubt, the Administrative Agent shall be vested with such responsibility and authority.

(b) The Collateral Agent shall have principal responsibilities for and primary authority for the conduct of the Liquidation and the distribution of the proceeds of such Liquidation.

(c) Neither Agent shall have any duties or responsibilities to, or any fiduciary relationship with, any Lender except for those expressly set forth in this Agreement.

(d) Neither Agent nor any of its Affiliates shall be responsible to any Lender for any of the following:

(i) Any recitals, statements, representations or warranties made by any Loan Party or any other Person.

(ii) Any appraisals or other assessments of the assets of any Loan Party or of any other Person responsible for or on account of the Liabilities.

(iii) The value, validity, effectiveness, genuineness, enforceability, or sufficiency of the Loan Agreement, the Loan Documents or any other document referred to or provided for therein.

(iv) Any failure by any Loan Party or any other Person (other than the subject Agent) to perform its obligations under the Loan Documents.

 

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(e) Each Agent may employ attorneys, accountants, and other professionals and agents and attorneys-in-fact and shall not be responsible for the negligence or misconduct of any such attorneys, accountants, and other professionals or agents or attorneys-in-fact selected by the subject Agent with reasonable care. No such attorney, accountant, other professional, agent, or attorney-in-fact shall be responsible for any action taken or omitted to be taken by any other such Person.

(f) Neither Agent, nor any of its directors, officers, or employees shall be responsible for any action taken or omitted to be taken or omitted to be taken by any other of them in connection herewith in reliance upon advice of their respective counsel nor, in any other event except for any action taken or omitted to be taken as to which a final judicial determination has been or is made (in a proceeding in which such Person has had an opportunity to be heard) that such Person had acted in a grossly negligent manner, in actual bad faith, or in willful misconduct.

(g) Neither Agent shall have any responsibility in any event for more funds than that Agent actually receives and collects.

(h) The Agents, in their separate capacities as Lenders, shall have the same rights and powers hereunder as any other Lender.

14.3. CONCERNING DISTRIBUTIONS BY THE AGENTS.

(a) Each Agent, in that Agent’s reasonable discretion based upon that Agent’s determination of the likelihood that additional payments will be received, expenses incurred, and/or claims made by third parties to all or a portion of such proceeds, may delay the distribution of any payment received on account of the Liabilities.

(b) Each Agent may disburse funds prior to determining that the sums which that Agent expects to receive have been finally and unconditionally paid to that Agent. If and to the extent that Agent does disburse funds and it later becomes apparent that the Agent did not then receive a payment in an amount equal to the sum paid out, then any Lender to whom the Agent made the funds available, on demand from the Agent, shall refund to the Administrative Agent the sum paid to that person.

(c) If, in the opinion of an Agent, the distribution of any amount received by that Agent might involve that Agent in liability, or might be prohibited hereby, or might be questioned by any Person, then that Agent may refrain from making distribution until that Agent’s right to make distribution has been adjudicated by a court of competent jurisdiction.

(d) The proceeds of any Lender’s exercise of any right of, or in the nature of, set-off shall be deemed, First, to the extent that a Lender is entitled to any distribution hereunder, to constitute such distribution and Second, shall be shared with the other Lenders as if distributed pursuant to (and shall be deemed as distributions under) Section 13.7.

(e) Each Lender recognizes that the crediting of the Loan Parties with the “proceeds” of any transaction in which a Post Foreclosure Asset is acquired is a non-cash transaction and that, in consequence, no distribution of such “proceeds” will be made by the Administrative Agent to any Lender.

 

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(f) In the event that (x) a court of competent jurisdiction shall adjudge that any amount received and distributed by the Administrative Agent is to be repaid or disgorged or (y) the requisite Lenders (as provided in Section 15.5(e)) determine to effect such repayment or disgorgement, then each Lender to which any such distribution shall have been made shall repay, to the Agent which had made such distribution, that Lender’s Pro-Rata share of the amount so adjudged or determined to be repaid or disgorged.

14.4. Dispute Resolution. Any dispute among the Lenders and/or any Agent concerning the interpretation, administration, or enforcement of the financing arrangements contemplated by this or any other Loan Document or the interpretation or administration of this or any other Loan Document which cannot be resolved amicably shall be resolved in the United States District Court for the District of Massachusetts, sitting in Boston or in the Superior Court of Suffolk County, Massachusetts, to the jurisdiction of which courts each Lender hereby submits.

14.5. DISTRIBUTIONS OF NOTICES AND OF DOCUMENTS. The Administrative Agent will forward to each Lender, promptly after the Administrative Agent’s receipt thereof, a copy of each notice or other document furnished to the Administrative Agent pursuant to this Agreement, including monthly, quarterly, and annual financial statements received from the Borrowers’ Representative pursuant to Article 6 of this Agreement, other than any of the following:

(a) Routine communications associated with requests for Loans and/or the issuance of L/C’s.

(b) Routine or nonmaterial communications.

(c) Any notice or document required by any of the Loan Documents to be furnished to the Lenders by the Borrowers’ Representative.

(d) Any notice or document of which the Administrative Agent has knowledge that such notice or document had been forwarded to the Lenders other than by the Administrative Agent.

14.6. CONFIDENTIAL INFORMATION.

(a) Each Lender will maintain, as confidential (other than to their respective attorneys, agents, accountants, participants and prospective participants) all of the following:

(i) Proprietary approaches, techniques, and methods of analysis which are applied by the Administrative Agent in the administration of the credit facility contemplated by this Agreement.

 

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(ii) Proprietary forms and formats utilized by the Administrative Agent in providing reports to the Lenders pursuant hereto, which forms or formats are not of general currency.

(iii) Confidential information provided by any Loan Party pursuant to the Loan Documents, other than any information which becomes known to the general public through sources other than that Lender.

(b) Nothing included herein shall prohibit the disclosure of any such information as may be required to be provided by judicial process or by regulatory authorities having jurisdiction over any party to this Agreement.

14.7. RELIANCE BY AGENTS. Each Agent shall be entitled to rely upon any certificate, notice or other document (including any cable, telegram, telex, or facsimile) reasonably believed by that Agent to be genuine and correct and to have been signed or sent by or on behalf of the proper person or persons, and upon advice and statements of attorneys, accountants and other experts selected by that Agent. As to any matters not expressly provided for in this Agreement, any Loan Document, or in any other document referred to therein, that Agent shall in all events be fully protected in acting, or in refraining from acting, in accordance with the applicable Consent required by this Agreement. Instructions given with the requisite Consent shall be binding on all Lenders.

14.8. NON-RELIANCE ON AGENTS AND OTHER LENDERS.

(a) Each Lender represents to all other Lenders and to the Agents that such Lender:

(i) Independently and without reliance on any representation or act by any Agent or by any other Lender, and based on such documents and information as that Lender has deemed appropriate, has made such Lender’s own appraisal of the financial condition and affairs of the Loan Parties and decision to enter into this Agreement.

(ii) Has relied upon that Lender’s review of the Loan Documents by that Lender and by counsel to that Lender as that Lender deemed appropriate under the circumstances.

(b) Each Lender agrees that such Lender, independently and without reliance upon any Agent or any other Lender, and based upon such documents and information as such Lender shall deem appropriate at the time, will continue to make such Lender’s own appraisals of the financial condition and affairs of the Loan Parties when determining whether to take or not to take any discretionary action under this Agreement.

(c) Neither Agent in the discharge of that Agent’s duties hereunder, shall be required to make inquiry of, or to inspect the properties or books of, any Person.

 

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(d) Except for notices, reports, and other documents and information expressly required to be furnished to the Lenders by the Administrative Agent hereunder (as to which, see Section 14.5), the Agents shall not have any affirmative duty or responsibility to provide any Lender with any credit or other information concerning any Person, which information may come into the possession of Agents or any Affiliate of an Agent.

(e) Each Lender, at such Lender’s request, shall have reasonable access to all nonprivileged documents in the possession of the Agents, which documents relate to the Agents’ performance of their duties hereunder.

14.9. INDEMNIFICATION. Without limiting the liabilities of the Loan Parties under any this or any of the other Loan Documents, each Lender shall indemnify each Agent, Pro-Rata, for any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever (including reasonable attorneys’ fees and expenses and other out-of-pocket expenditures) which may at any time be imposed on, incurred by, or asserted against that Agent and in any way relating to or arising out of this Agreement or any other Loan Document or any documents contemplated by or referred to therein or the transactions contemplated thereby or the enforcement of any of terms hereof or thereof or of any such other documents, provided, however, no Lender shall be liable for any of the foregoing to the extent that any of the foregoing arises from any action taken or omitted to be taken by the subject Agent as to which a final judicial determination has been or is made (in a proceeding in which the subject Agent has had an opportunity to be heard) that the subject Agent had acted in a grossly negligent manner, in actual bad faith, or in willful misconduct.

14.10. RESIGNATION OF AGENT.

(a) An Agent may resign at any time by giving 60 days’ prior written notice thereof to the Lenders and to the other Agent. Upon receipt of any such notice of resignation, the SuperMajority Lenders shall have the right to appoint a successor to such Agent (and if no Event of Default has occurred, with the consent of the Borrowers’ Representative, not to be unreasonably withheld and, in any event, deemed given by the Borrowers’ Representative if no written objection is provided by the Borrowers’ Representative to the (resigning) Agent within seven (7) Business Days notice of such proposed appointment). If a successor Agent shall not have been so appointed and accepted such appointment within 30 days after the giving of notice by the resigning Agent, then the resigning Agent may appoint a successor Agent, which shall be a financial institution having a combined capital and surplus in excess of $500,000,000.00. The consent of the Borrowers’ Representative otherwise required by this Section 14.10(a) shall not be required if an Event of Default has occurred.

(b) Upon the acceptance of any appointment as an Agent hereunder by a successor Agent, such successor shall thereupon succeed to, and become vested with, all the rights, powers, privileges, and duties of the (resigning) Agent so replaced, and the (resigning) Agent shall be discharged from the (resigning) Agent’s duties and obligations hereunder, other than on account of any responsibility for any action taken or omitted to be taken by the (resigning) Agent as to which a final judicial determination has been or is made (in a proceeding in which the (resigning) Person has had an opportunity to be heard) that such Person had acted in a grossly negligent manner or in bad faith.

 

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(c) After any retiring Agent’s resignation, the provisions of this Agreement and of all other Loan Documents shall continue in effect for the retiring Person’s benefit in respect of any actions taken or omitted to be taken by it while it was acting as an Agent.

ARTICLE 15 - Action By Agents - Consents - Amendments - Waivers:

15.1. ADMINISTRATION OF CREDIT FACILITIES.

(a) Except as otherwise specifically provided in this Agreement, each Agent may take any action with respect to the credit facility contemplated by the Loan Documents as that Agent determines to be appropriate within their respective areas of responsibility and authority, as set forth in Sections 14.2(b) and 14.2(a), provided, however, neither Agent is under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

(b) Except as specifically provided in the following Sections of this Agreement, whenever a Loan Document or this Agreement provides that action may be taken or omitted to be taken in an Agents’ discretion, that Agent shall have the sole right to take, or refrain from taking, such action without, and notwithstanding, any vote of the Lender:

 

ACTIONS DESCRIBED IN

SECTION

  

TYPE OF CONSENT REQUIRED

15.2

   Majority Lenders

15.3

   SuperMajority Revolving Credit Lenders

15.4

   SuperMajority Lenders

15.5

   Certain Consent

15.6

   Unanimous Consent

15.7

   Consent of SwingLine Lender

15.8

   Consent of the Agents

(c) The rights granted to the Lenders in those sections referenced in Section 15.1(b) shall not otherwise limit or impair any Agent’s exercise of its discretion under the Loan Documents.

 

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15.2. ACTIONS REQUIRING OR ON DIRECTION OF MAJORITY LENDERS. Except as otherwise provided in this Agreement, the Consent or direction of the Majority Lenders is required for any amendment, waiver, or modification of any Loan Document.

15.3. ACTIONS REQUIRING OR ON DIRECTION OF SUPERMAJORITY REVOLVING CREDIT LENDERS. The Consent or direction of the SuperMajority Revolving Credit Lenders is required as follows:

(a) The Lenders agree that any loan or advance under the Credit Facilities which results in a Protective OverAdvance may be made by the Administrative Agent in its discretion without the Consent of the Lenders and that each Lender shall be bound thereby, provided, however, the Consent or direction of the SuperMajority Revolving Credit Lenders is required to permit a Protective OverAdvance to be outstanding for more than 45 consecutive Business Days or more than twice in any twelve month period. (Any Protective OverAdvance which is permitted by this Section 15.3(a) is referred to as a “Permitted Protective OverAdvance”).

(b) Amendment of the definition of “SuperMajority Revolving Credit Lenders”.

15.4. ACTIONS REQUIRING CONSENT OR ON DIRECTION OF SUPERMAJORITY LENDERS.

(a) If any Default has occurred and is continuing, the SuperMajority Lenders may direct the Administrative Agent to suspend the Credit Facilities, whereupon, as long as a Default shall have occurred and be continuing, the only Loans which may be made are the following:

(i) Revolving Credit Loans made to “cover” the honoring of L/C’s.

(ii) Permitted Protective OverAdvances.

(iii) Loans made with Consent of the SuperMajority Lenders.

(b) If an Event of Default has occurred and not been duly waived, the SuperMajority Lenders may:

(i) Give the Administrative Agent an Acceleration Notice in accordance with Section 13.1(b)

(ii) Direct the Administrative Agent to increase the rate of interest to the default rate of interest as provided in, and to the extent permitted by, this Agreement.

(c) The definition of Availability Block shall not be amended in a manner to reduce the amount of the Availability Block without the Consent of the SuperMajority Lenders.

 

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15.5. ACTION REQUIRING CERTAIN CONSENT. The following Consent shall be required for the following actions:

 

ACTION

  

REQUIRED CONSENT

(a) Increase in the SwingLine Ceiling:

   SwingLine Lender and the Majority Lenders.

(b) Any increase in any Lender’s Dollar Commitment or Percentage Commitment (other than by reason of the application of Section 15.11 (which deals with NonConsenting Credit Lenders) or Section 16.1 (which deals with assignments and participations)), it being understood that this Section 15.5(b) addresses changes to commitments inter se and not any increase in the Total Commitments.

   All Lenders affected thereby other than any Delinquent Lender.

(c) Any forgiveness of all or any portion of any payment Liability.

   All Lenders whose payment Liability is being so forgiven (other than any Delinquent Credit Lender, if otherwise applicable).

(d) Any decrease in any interest rate, fee or assessment payable under any of the Loan Documents and of any fee provided for by any Fee Letter (which may be amended by written agreement between the Borrowers’ Representative on the one hand, and the Administrative Agent on the other).

   All Lenders adversely affected thereby (other than any Delinquent Lender, if otherwise applicable).

(e) Disgorgement as described in Section 14.3(f).

   SuperMajority Lenders.

15.6. ACTIONS REQUIRING OR DIRECTED BY UNANIMOUS CONSENT. None of the following may take place except with Unanimous Consent:

(a) Any extension of the Maturity Date.

(b) Any release of all or substantially all of the Collateral not otherwise required or provided for in the Loan Documents or to facilitate a Liquidation.

(c) Any amendment of the definition of the terms “Borrowing Base”, “Last Out Borrowing Base”, “Availability” or “Aggregate Availability” or of any definition of any component thereof, such that more credit would be available to the Loan Parties, based on the same assets, as would have been available to the Loan Parties immediately prior to such amendment , it being understood, however, that:

(i) The foregoing shall not limit the adjustment by the Administrative Agent of any Reserve in the Administrative Agent’s administration of the Credit Facilities as otherwise permitted by this Agreement.

 

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(ii) The foregoing shall not prevent the Administrative Agent, in its administration of the Credit Facilities, from restoring any component of Borrowing Base which had been lowered by the Administrative Agent back to the value of such component, as stated in this Agreement or to an intermediate value.

(d) Any release of any Person obligated on account of the Liabilities (except in connection with a sale of such Person approved by the SuperMajority Lenders in accordance with the terms of this Agreement).

(e) The making of any Revolving Credit Loan which, when made, exceeds Availability and is not a Permitted Protective OverAdvance, provided, however,

(i) no Consent shall be required in connection with the making of any Revolving Credit Loan to “cover” any honoring of a drawing under any L/C; and

(ii) each Lender recognizes that subsequent to the making of a Revolving Credit Loan which does not constitute a Permitted Protective OverAdvance, the unpaid principal balance of the Loan Account may exceed the Borrowing Base on account of changed circumstances beyond the control of the Administrative Agent (such as a drop in collateral value).

(f) The waiver of the obligation of the Loan Parties to reduce the unpaid principal balance of the Credit Facilities to an amount which does not exceed a Permitted Protective OverAdvance or, subject to the time limits included in Section 15.3(a) (which places time and frequency limits on Permitted Protective OverAdvances).

(g) Any amendment of this Article 15.

(h) Amendment of any of the following Sections of this Agreement:

(i)   12.4

(ii)  13.6

(iii) 13.7

(i) Amendment of any of the following Definitions:

“Appraised Inventory Liquidation Value”

“Majority Lenders”

“Permitted Protective OverAdvance”

“SuperMajority Lenders”

“Unanimous Consent”

 

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15.7. ACTIONS REQUIRING SWINGLINE LENDER CONSENT. No action, amendment, or waiver of compliance with, any provision of the Loan Documents or of this Agreement which affects the SwingLine Lender may be undertaken without the Consent of the SwingLine Lender.

15.8. ACTIONS REQUIRING AGENTS’ CONSENT.

(a) No action, amendment, or waiver of compliance with, any provision of the Loan Documents or of this Agreement which affects an Agent in its capacity as an Agent may be undertaken without the written consent of the Agents.

(b) No action referenced herein which affects the rights, duties, obligations, or liabilities of an Agent shall be effective without the written consent of the Agents.

15.9. MISCELLANEOUS ACTIONS.

(a) Notwithstanding any other provision of this Agreement, no single Lender independently may exercise any right of action or enforcement against or with respect to any Loan Party.

(b) Each Agent shall be fully justified in failing or refusing to take action under this Agreement or any Loan Document on behalf of any Lender unless that Agent shall first:

(i) receive such clear, unambiguous, written instructions as that Agent deems appropriate; and

(ii) be indemnified to that Agent’s satisfaction by the Lenders against any and all liability and expense which may be incurred by that Agent by reason of taking or continuing to take any such action, unless such action had been grossly negligent, in willful misconduct, or in bad faith.

(c) Each Agent may establish reasonable procedures for the providing of direction and instructions from the Lenders to that Agent, including its reliance on multiple counterparts, facsimile transmissions, and time limits within which such direction and instructions must be received in order to be included in a determination of whether the requisite Loan Commitments has provided its direction, Consent, or instructions.

15.10. ACTIONS REQUIRING BORROWERS’ REPRESENTATIVES CONSENT.

(a) The Borrowers’ Representative’s consent is required for any amendment of this Agreement, except that each of the following Articles of this Agreement may be amended without the consent of the Borrowers’ Representative:

 

Article

  

Title of Article

12

   Loan Fundings and Distributions

15

   The Agents

 

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(b) The Borrowers’ Representative’s consent to the amendment of those provisions referenced in Section 15.10(a) shall be deemed given unless written objection is made, within seven (7) Business Days following the Administrative Agent’s giving notice to the Borrowers’ Representative of the proposed amendment; and

(i) shall not be required following the occurrence of any Event of Default.

15.11. NONCONSENTING LENDER.

(a) In the event that a Lender (in this Section 15.11, a “NonConsenting Lender”) does not provide its Consent to a proposal by the Administrative Agent to take action which requires consent under this Article 15, then one or more Lenders who provided Consent to such action may require the assignment, without recourse and in accordance with the procedures outlined in Section 16.1, below, of the NonConsenting Lender’s commitment hereunder on five (5) days written notice to the Administrative Agent and to the NonConsenting Lender.

(b) At the end of such five (5) days, and provided that the NonConsenting Lender delivers the Note held by the NonConsenting Lender to the Administrative Agent, the Lenders who have given such written notice shall Transfer the following to the NonConsenting Lender:

(i) Such NonConsenting Lender’s Pro-Rata share of the principal and interest of the Loans to the date of such assignment.

(ii) All fees distributable hereunder to the NonConsenting Lender to the date of such assignment.

(iii) Any out-of-pocket costs and expenses for which the NonConsenting Lender is entitled to reimbursement from the Loan Parties.

(c) In the event that the NonConsenting Lender fails to deliver to the Administrative Agent the Note held by the NonConsenting Lender as provided in Section 15.11(b), then:

(i) The amount otherwise to be Transferred to the NonConsenting Lender shall be Transferred to the Administrative Agent and held by the Administrative Agent, without interest, to be turned over to the NonConsenting Lender upon delivery of the Note held by that NonConsenting Lender.

 

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(ii) The Note held by the NonConsenting Lender shall have no force or effect whatsoever.

(iii) The NonConsenting Lender shall cease to be a “Lender”.

(iv) The Lender(s) which have Transferred the amount to the Administrative Agent as described above shall have succeeded to all rights and become subject to all of the obligations of the NonConsenting Lender as a “Lender”.

(d) In the event that more than One (1) Lender wishes to require such assignment, the NonConsenting Lender’s commitment hereunder shall be divided among such Lenders, pro-rata based upon their respective Loan Commitments, with the Administrative Agent coordinating such transaction.

(e) The Administrative Agent shall coordinate the retirement of the Note held by the NonConsenting Lender and the issuance of Notes to those Lenders which “take-out” such NonConsenting Lender, provided, however, no processing fee otherwise to be paid as provided in Section 16.2(b) shall be due under such circumstances.

ARTICLE 16 - Assignments By Lenders:

16.1. ASSIGNMENTS AND ASSUMPTIONS.

Except as provided herein, each Lender (in this Section 16.1, an “Assigning Lender”) may assign to one or more Eligible Assignees (in this Section 16.1, each an “Assignee Lender”) all or a portion of that Lender’s interests, rights and obligations under this Agreement and the Loan Documents (including all or a portion of its Commitment) and the same portion of the Loans at the time owing to it, and of the Note held by the Assigning Revolving Credit Lender, provided that:

(a) The Administrative Agent shall have given its prior written consent to such assignment, which consent shall not be unreasonably withheld, but need not be given if the proposed assignment would result in any Assignee Lender having a Dollar Commitment of less than the “minimum hold” amount specified in Section 16.1(c).

(b) Each such assignment shall be of a constant, and not a varying, percentage of all the Assigning Lender’s rights and obligations under this Agreement.

(c) Following the effectiveness of such assignment, the Assigning Lender’s Dollar Commitment (if not an assignment of all of the Assigning Lender’s Commitment) shall not be less than $5,000,000.00.

(d) If no Event of Default has occurred, such assignment shall be subject to the consent of the Borrowers’ Representative, not to be unreasonably withheld or delayed and which consent shall be deemed given if no written objection is received within seven (7) days of the Borrowers’ Representative’s receipt of notice of such proposed assignment.

 

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16.2. ASSIGNMENT PROCEDURES. (This Section 16.2 describes the procedures to be followed in connection with an assignment effected pursuant to this Article 16 and permitted by Section 16.1).

(a) The parties to such an assignment shall execute and deliver to the Administrative Agent, for recording in the Register, an Assignment and Acceptance substantially in the form of EXHIBIT 16.1, annexed hereto (an “Assignment and Acceptance”).

(b) The Assigning Lender shall deliver to the Administrative Agent, with such Assignment and Acceptance, the Note held by the subject Assigning Lender and the Administrative Agent’s processing fee of $3,000.00, provided, however, no such processing fee shall be due where the Assigning Lender is one of the Lenders at the initial execution of this Agreement.

(c) The Administrative Agent shall maintain a copy of each Assignment and Acceptance delivered to it and a register or similar list (the “Register”) for the recordation of the names and addresses of the Lenders and of the Loan Commitments, the Revolving Credit Percentage Commitment, Revolving Credit Percentage Commitment of each Lender, Last Out Revolving Commitment Percentage, and the Last Out Commitments. The Register shall be available for inspection by the Lenders at any reasonable time and from time to time upon reasonable prior notice. In the absence of manifest error, the entries in the Register shall be conclusive and binding on all Lenders. The Administrative Agent and the Lenders may treat each Person whose name is recorded in the Register as a “Lender” hereunder for all purposes of this Agreement.

(d) The Assigning Revolving Credit Lender and Assignee Revolving Credit Lender, directly between themselves, shall make all appropriate adjustments in payments for periods prior to the effective date of an Assignment and Assumption.

16.3. EFFECT OF ASSIGNMENT.

(a) From and after the effective date specified in an Assignment and Acceptance which has been executed, delivered, and recorded (which effective date the Administrative Agent may delay by up to five (5) Business Days after the delivery of such Assignment and Acceptance):

(i) The Assignee Lender:

(A) Shall be a party to this Agreement and the other Loan Documents (and to any amendments thereof) as fully as if the Assignee Lender had executed each.

(B) Shall have the rights of a Lender hereunder to the extent of the Loan Commitment, the Revolving Credit Percentage Commitment and Percentage Commitment assigned by such Assignment and Acceptance.

 

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(ii) The Assigning Lender shall be released from the Assigning Lender’s obligations under this Agreement and the Loan Documents to the extent of the Commitment assigned by such Assignment and Acceptance.

(iii) The Administrative Agent shall undertake to obtain and distribute replacement Notes to the subject Assigning Revolving Credit Lender and Assignee Revolving Credit Lender.

(b) By executing and delivering an Assignment and Acceptance, the parties thereto confirm to and agree with each other and with all parties to this Agreement as to those matters which are set forth in the subject Assignment and Acceptance.

ARTICLE 17 - Notices:

17.1. NOTICE ADDRESSES. All notices, demands, and other communications made in respect of any Loan Document (other than a request for a loan or advance or other financial accommodation under the Credit Facilities) shall be made to the following addresses, each of which may be changed upon seven (7) days written notice to all others given by certified mail, return receipt requested:

If to either Agent:

Bank of America, N.A.

40 Broad Street

Boston, Massachusetts 02109

Attention:    Kathleen Dimock

                  Managing Director

Fax:     617-434-4312

With a copy to:

Riemer & Braunstein LLP

Three Center Plaza

Boston, Massachusetts 02108

Attention:    Kevin J. Simard Esquire

Fax:     617-880-3456

If to the Borrowers’ Representative

And All Loan Parties:

Casual Male Retail Group, Inc.

555 Turnpike Street

Canton, Massachusetts 02021

Attention:    Dennis Hernreich

                  Chief Financial Officer

Fax:     781-828-3221

 

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With a copy to:

Greenberg Traurig LLP

One International Place

Boston, Massachusetts 02110

Attention:    Jonathan Bell, Esquire

Fax:    617-310-6001

17.2. NOTICE GIVEN.

(a) Except as otherwise specifically provided herein, notices shall be deemed made and correspondence received, as follows (all times being local to the place of delivery or receipt):

(i) By mail: the sooner of when actually received or three (3) days following deposit in the United States mail, postage prepaid.

(ii) By recognized overnight express delivery: the Business Day following the day when sent.

(iii) By hand: If delivered on a Business Day after 9:00 AM and no later than three (3) hours prior to the close of customary business hours of the recipient, when delivered. Otherwise, at the opening of the then next Business Day.

(iv) By facsimile transmission (which must include a header on which the party sending such transmission is indicated): If sent on a Business Day after 9:00 AM and no later than three (3) hours prior to the close of customary business hours of the recipient, one (1) hour after being sent. Otherwise, at the opening of the then next Business Day.

(b) Rejection or refusal to accept delivery and inability to deliver because of a changed address or Facsimile Number for which no due notice was given shall each be deemed receipt of the notice sent.

17.3. WIRE INSTRUCTIONS. Subject to change in the same manner that a notice address may be changed (as to which, see Section 17.1), wire transfers to the Administrative Agent shall be made in accordance with the following wire instructions:

 

   Bank of America, N.A.
   ABA No.       026009593
   Acct Name:   Bank of America Retail Group
   Acct No. :      530-39952
   Reference:     Casual Male Retail Group

 

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ARTICLE 18 - Term:

18.1. TERMINATION OF CREDIT FACILITIES. The Credit Facilities shall remain in effect (subject to suspension as provided in Section 2.7(g) hereof) until the Termination Date.

18.2. ACTIONS ON TERMINATION.

(a) On the Termination Date, the Loan Parties shall pay the Administrative Agent (whether or not then due), in immediately available funds, all then Liabilities including, without limitation: the following:

(i) The entire balance of the Loan Account (including the unpaid principal balance of the Loans and SwingLine Loan).

(ii) Any then remaining unpaid installments of the Commitment Fees.

(iii) Any then remaining unpaid installments of the Administrative Agent’s Fee.

(iv) Any payments due on account of the indemnification obligations included in Section 2.13(e).

(v) Any accrued and unpaid Unused Line Fee.

(vi) All unreimbursed costs and expenses of each Agent and of Lenders’ Special Counsel for which each Loan Party is responsible.

(b) On the Termination Date, the Loan Parties shall also shall make such arrangements concerning any L/C’s then outstanding as are reasonably satisfactory to the Administrative Agent (such as their being cash collateralized at 103 % of their then Stated Amount).

(c) Until such payment (Section 18.2(a)) and arrangements concerning L/C’s (Section 18.2(b)), all provisions of this Agreement, other than those included in Article 2 which place any obligation on the Administrative Agent or any Lender to make any loans or advances or to provide any financial accommodations to any Borrower shall remain in full force and effect until all Liabilities shall have been paid in full.

(d) The release by the Collateral Agent of the Collateral Interests granted the Collateral Agent by the Loan Parties hereunder may be upon such conditions and indemnifications as the Administrative Agent reasonably may require.

ARTICLE 19 - General:

19.1. PROTECTION OF COLLATERAL. No Agent has any duty as to the collection or protection of the Collateral beyond the safe custody of such of the Collateral as may come into the possession of that Agent.

 

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19.2. PUBLICITY. The Agent may issue a “tombstone” notice of the establishment of the credit facility contemplated by this Agreement and may make reference to each Loan Party (and may utilize any logo or other distinctive symbol associated with each Loan Party) in connection with any advertising, promotion, or marketing undertaken by the Agent.

19.3. SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon the Borrowers’ Representative, each Loan Party, and their respective representatives, successors, and assigns and shall inure to the benefit of each Agent and each Lender and their respective successors and assigns, provided, however, no trustee or other fiduciary appointed with respect to any Loan Party shall have any rights hereunder. In the event that any Agent or any Lender assigns or transfers its rights under this Agreement, the assignee shall thereupon succeed to and become vested with all rights, powers, privileges, and duties of such assignor hereunder and such assignor shall thereupon be discharged and relieved from its duties and obligations hereunder.

19.4. SEVERABILITY. Any determination that any provision of this Agreement or any application thereof is invalid, illegal, or unenforceable in any respect in any instance shall not affect the validity, legality, or enforceability of such provision in any other instance, or the validity, legality, or enforceability of any other provision of this Agreement.

19.5. AMENDMENTS. COURSE OF DEALING.

(a) This Agreement and the other Loan Documents incorporate all discussions and negotiations between each Loan Party and each Agent and each Lender, either express or implied, concerning the matters included herein and in such other instruments, any custom, usage, or course of dealings to the contrary notwithstanding. No such discussions, negotiations, custom, usage, or course of dealings shall limit, modify, or otherwise affect the provisions thereof. No failure by any Agent or any Lender to give notice to the Borrowers’ Representative of any Loan Party’s having failed to observe and comply with any warranty or covenant included in any Loan Document shall constitute a waiver of such warranty or covenant or the amendment of the subject Loan Document.

(b) Each Loan Party may undertake any action otherwise prohibited hereby, and may omit to take any action otherwise required hereby, upon and with the express prior written consent of the Administrative Agent. Subject to Article 16, no consent, modification, amendment, or waiver of any provision of any Loan Document shall be effective unless executed in writing by or on behalf of the party to be charged with such modification, amendment, or waiver (and if such party is the Administrative Agent then by a duly authorized officer thereof). Any modification, amendment, or waiver provided by the Administrative Agent shall be in reliance upon all representations and warranties theretofore made to the Administrative Agent by or on behalf of the Loan Parties (and any other guarantor, endorser, or surety of the Liabilities) and consequently may be rescinded in the event that any of such representations or warranties was not true and complete in all material respects when given.

19.6. POWER OF ATTORNEY. In connection with all powers of attorney included in this Agreement, each Loan Party hereby grants unto the Administrative Agent (acting through any of its officers) full power to do any and all things necessary or appropriate in connection with the

 

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exercise of such powers as fully and effectually as that Loan Party might or could do, hereby ratifying all that said attorney shall do or cause to be done by virtue of this Agreement. No power of attorney set forth in this Agreement shall be affected by any disability or incapacity suffered by any Loan Party and each shall survive the same. All powers conferred upon the Administrative Agent or the Collateral Agent by this Agreement, being coupled with an interest, shall be irrevocable until this Agreement is terminated by a written instrument executed by a duly authorized officer of the Administrative Agent.

19.7. APPLICATION OF PROCEEDS. The proceeds of any collection, sale, or disposition of the Collateral, or of any other payments received hereunder, shall be applied towards the Liabilities in such order and manner as the Administrative Agent determines in its sole discretion, consistent, however, with Sections 13.6 and 13.7 and any other applicable provisions of this Agreement. The Loan Parties shall remain liable for any deficiency remaining following such application.

19.8. INCREASED COSTS. If, as a result of any Requirement of Law, or of the interpretation or application thereof by any court or by any governmental or other authority or entity charged with the administration thereof, whether or not having the force of law, which on and after the Closing Date:

(a) subjects any Lender to any taxes or changes the basis of taxation, or increases any existing taxes, on payments of principal, interest or other amounts payable by any Loan Party to the Administrative Agent or any Lender under this Agreement (except for taxes on the Administrative Agent or any Lender based on net income or capital imposed by the jurisdiction in which the principal or lending offices of the Administrative Agent or that Lender are located);

(b) imposes, modifies or deems applicable any reserve, cash margin, special deposit or similar requirements against assets held by, or deposits in or for the account of or loans by or any other acquisition of funds by the relevant funding office of any Lender;

(c) imposes on any Lender any other condition with respect to any Loan Document; or

(d) imposes on any Lender a requirement to maintain or allocate capital in relation to the Liabilities;

and the result of any of the foregoing, in such Lender’s reasonable opinion, is to increase the cost to that Lender of making or maintaining any loan, advance or financial accommodation or to reduce the income receivable by that Lender in respect of any loan, advance or financial accommodation by an amount which that Lender deems to be material, then upon written notice from the Administrative Agent, from time to time, to the Borrowers’ Representative (such notice to set out in reasonable detail the facts giving rise to and a summary calculation of such increased cost or reduced income), the Loan Parties shall forthwith pay to the Administrative Agent, for the benefit of the subject Revolving Credit Lender, upon receipt of such notice, that amount which shall compensate the subject Lender for such additional cost or reduction in income.

 

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19.9. COSTS AND EXPENSES OF AGENTS AND LENDERS.

(a) The Loan Parties shall pay from time to time on demand all Costs of Collection and all reasonable costs, expenses, and disbursements (including reasonable attorneys’ fees and expenses) which are incurred by each Agent in connection with the preparation, negotiation, execution, and delivery of this Agreement and of any other Loan Documents, and all other reasonable costs, expenses, and disbursements which may be incurred in connection with or in respect to the credit facility contemplated hereby or which otherwise are incurred with respect to the Liabilities.

(b) The Loan Parties shall pay from time to time on demand all reasonable costs and expenses (including reasonable attorneys’ fees and expenses) incurred by the Lenders to Lenders’ Special Counsel.

(c) Each Loan Party authorizes the Administrative Agent to pay all such fees and expenses and in the Administrative Agent’s discretion, to add such fees and expenses to the Loan Account.

(d) The undertaking on the part of each Loan Party in this Section 19.9 shall survive payment of the Liabilities and/or any termination, release, or discharge executed by any Agent in favor of any Loan Party, other than a termination, release, or discharge which makes specific reference to this Section 19.9.

19.10. COPIES AND FACSIMILES. Each Loan Document and all documents and papers which relates thereto which have been or may be hereinafter furnished any Agent or any Lender may be reproduced by any Lender or by any Agent by any photographic, microfilm, xerographic, digital imaging, or other process, and such Person making such reproduction may destroy any document so reproduced. Any such reproduction shall be admissible in evidence as the original itself in any judicial or administrative proceeding (whether or not the original is in existence and whether or not such reproduction was made in the regular course of business). Any facsimile which bears proof of transmission shall be binding on the party which or on whose behalf such transmission was initiated and likewise shall be so admissible in evidence as if the original of such facsimile had been delivered to the party which or on whose behalf such transmission was received.

19.11. MASSACHUSETTS LAW. This Agreement and all rights and obligations hereunder, including matters of construction, validity, and performance, shall be governed by the law of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof).

19.12. INDEMNIFICATION. The Borrowers’ Representative and each Loan Party shall indemnify, defend, and hold each Agent and each Lender and any of their respective employees, officers, or agents (each, an “Indemnified Person”) harmless of and from any claim brought or threatened against any Indemnified Person by any Loan Party, any other guarantor or endorser of the Liabilities, or any other Person (as well as from reasonable attorneys’ fees, expenses, and

 

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disbursements in connection therewith) on account of the relationship of the Borrowers’ Representative, the Loan Parties or of any other guarantor or endorser of the Liabilities, including all costs, expenses, liabilities, and damages as may be suffered by any Indemnified Person in connection with (x) the Collateral; (y) the occurrence of any Event of Default; or (z) the exercise of any rights or remedies under any of the Loan Documents (each of claims which may be defended, compromised, settled, or pursued by the Indemnified Person with counsel of the Administrative Agent’s selection, but at the expense of the Borrowers’ Representative and the Loan Parties) other than any claim as to which a final determination is made in a judicial proceeding (in which the Administrative Agent and any other Indemnified Person has had an opportunity to be heard), which determination includes a specific finding that the Indemnified Person seeking indemnification had acted in a grossly negligent manner or in actual bad faith or willful misconduct. This indemnification shall survive payment of the Liabilities and/or any termination, release, or discharge executed by the Administrative Agent in favor of the Borrowers’ Representative and/or the Loan Parties, other than a termination, release, or discharge duly executed on behalf of the Administrative Agent which makes specific reference to this Section 19.12.

19.13. RULES OF CONSTRUCTION. The following rules of construction shall be applied in the interpretation, construction, and enforcement of this Agreement and of the other Loan Documents:

(a) Unless otherwise specifically provided for herein, interest and any fee or charge which is stated as a per annum percentage shall be calculated based on a 360 day year and actual days elapsed.

(b) Words in the singular include the plural and words in the plural include the singular.

(c) Any reference, herein, to a circumstance or event’s having “more than a de minimis adverse effect” and any similar reference is to a circumstance or event which (x) in a well managed enterprise, would receive the active attention of senior management with a view towards its being reversed or remedied; or (y) if not reversed or remedied could reasonably be expected to lead to its becoming a material adverse effect.

(d) Titles, headings (indicated by being underlined or shown in SMALL CAPITALS) and any Table of Contents are solely for convenience of reference; do not constitute a part of the instrument in which included; and do not affect such instrument’s meaning, construction, or effect.

(e) The words “includes” and “including” are not limiting.

(f) Text which follows the words “including, without limitation” (or similar words) is illustrative and not limitational.

(g) Text which is shown in italics (except for parenthesized italicized text), shown in bold, shown IN ALL CAPITAL LETTERS, or in any combination of the foregoing, shall be deemed to be conspicuous.

 

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(h) The words “may not” are prohibitive and not permissive.

(i) Any reference to a Person’s “knowledge” (or words of similar import) are to such Person’s knowledge assuming that such Person has undertaken reasonable and diligent investigation with respect to the subject of such “knowledge” (whether or not such investigation has actually been undertaken).

(j) Terms which are defined in one section of any Loan Document are used with such definition throughout the instrument in which so defined.

(k) The symbol “$” refers to United States Dollars.

(l) Unless limited by reference to a particular Section or provision, any reference to “herein”, “hereof”, or “within” is to the entire Loan Document in which such reference is made.

(m) References to “this Agreement” or to any other Loan Document is to the subject instrument as amended to the date on which application of such reference is being made.

(n) Except as otherwise specifically provided, all references to time are to Boston time.

(o) In the determination of any notice, grace, or other period of time prescribed or allowed hereunder:

(i) Unless otherwise provided (I) the day of the act, event, or default from which the designated period of time begins to run shall not be included and the last day of the period so computed shall be included unless such last day is not a Business Day, in which event the last day of the relevant period shall be the then next Business Day and (II) the period so computed shall end at 5:00 PM on the relevant Business Day.

(ii) The word “from” means “from and including”.

(iii) The words “to” and “until” each mean “to, but excluding”.

(iv) The word “through” means “to and including”.

(p) The Loan Documents shall be construed and interpreted in a harmonious manner and in keeping with the intentions set forth in Section 19.14 hereof, provided, however, in the event of any inconsistency between the provisions of this Agreement and any other Loan Document, the provisions of this Agreement shall govern and control.

19.14. Intent. It is intended that:

(a) This Agreement take effect as a sealed instrument.

 

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(b) The scope of all Collateral Interests created by any Loan Party to secure the Liabilities be broadly construed in favor of the Administrative Agent and that they cover all assets of each Loan Party.

(c) All Collateral Interests created in favor of the Collateral Agent at any time and from time to time by any Loan Party secure all Liabilities, whether now existing or contemplated or hereafter arising.

(d) All reasonable costs, expenses, and disbursements incurred by any Agent, and, to the extent provide in Section 19.9 each Lender, in connection with such Person’s relationship(s) with any Loan Party shall be borne by the Loan Parties.

(e) Unless otherwise explicitly provided herein, the Administrative Agent’s consent to any action of any Loan Party which is prohibited unless such consent is given may be given or refused by the Administrative Agent in its sole discretion and without reference to Section 2.19 hereof.

19.15. PARTICIPATIONS. Each Lender may sell participations to one or more financial institutions (each, a “Participant”) in that Lender’s interests herein provided that no such participation shall include any provision which accords that Participant with any rights, vis a vis any Agent, with respect to any requirement herein for approval by a requisite number or proportion of the Lenders. No such sale of a participation shall relieve a Lender from that Lender’s obligations hereunder nor obligate any Agent to any Person other than a Lender.

19.16. RIGHT OF SET-OFF. Any and all deposits or other sums at any time credited by or due to any Loan Party from any Agent or any Lender or any Participant or from any Affiliate of any of the foregoing, and any cash, securities, instruments or other property of any Loan Party in the possession of any of the foregoing, whether for safekeeping or otherwise (regardless of the reason such Person had received the same) to the extent permitted by law, shall at all times constitute security for all Liabilities and for any and all obligations of each Loan Party to each Agent and such Lender or any Participant or such Affiliate and following the occurrence of an Event of Default may be applied or set off against the Liabilities and against such obligations at any time, whether or not such are then due and whether or not other collateral is then available to any Agent or that Lender.

19.17. PLEDGES TO FEDERAL RESERVE BANKS. Nothing included in this Agreement shall prevent or limit any Lender, to the extent that such Lender is subject to any of the twelve Federal Reserve Banks organized under §4 of the Federal Reserve Act (12 U.S.C. §341) from pledging all or any portion of that Lender’s interest and rights under this Agreement, provided, however, neither such pledge nor the enforcement thereof shall release the pledging Lender from any of its obligations hereunder or under any of the Loan Documents.

19.18. MAXIMUM INTEREST RATE. Regardless of any provision of any Loan Document, neither any Agent nor any Lender shall be entitled to contract for, charge, receive, collect, or apply as interest on any Liability, any amount in excess of the maximum rate imposed by Applicable Law. Any payment which is made which, if treated as interest on a Liability would result in such interest’s exceeding such maximum rate shall be held, to the extent of such excess, as additional collateral for the Liabilities as if such excess were “Collateral.”

 

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19.19. WAIVERS.

(a) The Borrowers’ Representative and each Loan Party (and all guarantors, endorsers, and sureties of the Liabilities) make each of the waivers included in Section 19.19(b), below, knowingly, voluntarily, and intentionally, and understands that each Agent and each Lender, in establishing the facilities contemplated hereby and in providing loans and other financial accommodations to or for the account of the Loan Parties as provided herein, whether not or in the future, is relying on such waivers.

(b) THE BORROWERS’ REPRESENTATIVE, EACH LOAN PARTY, AND EACH SUCH GUARANTOR, ENDORSER, AND SURETY RESPECTIVELY WAIVES THE FOLLOWING:

(i) Except as otherwise specifically required hereby, notice of non-payment, demand, presentment, protest and all forms of demand and notice, both with respect to the Liabilities and the Collateral.

(ii) Except as otherwise specifically required hereby, the right to notice and/or hearing prior to an Agent’s exercising of that Agent’s rights upon default.

(iii) THE RIGHT TO A JURY IN ANY TRIAL OF ANY CASE OR CONTROVERSY IN WHICH ANY AGENT OR ANY LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST ANY AGENT OR ANY LENDER OR IN WHICH ANY AGENT OR ANY LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF OR IS IN RESPECT OF, ANY RELATIONSHIP AMONGST OR BETWEEN THE BORROWERS’ REPRESENTATIVE, ANY LOAN PARTY OR ANY OTHER PERSON AND THE AGENT AND EACH LENDER LIKEWISE WAIVES THE RIGHT TO A JURY IN ANY TRIAL OF ANY SUCH CASE OR CONTROVERSY).

(iv) Except for manifest error, any defense, counterclaim, set-off, recoupment, or other basis on which the amount of any Liability, as stated on the books and records of the Administrative Agent or any Lender, could be reduced or claimed to be paid otherwise than in accordance with the tenor of and written terms of such Liability.

(v) Any claim to consequential, special, or punitive damages.

[SIGNATURE PAGES FOLLOW]

 

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THE BORROWERS’ REPRESENTATIVE

CASUAL MALE RETAIL GROUP, INC.

By   /s/ Dennis R. Hernreich
Name: Dennis R. Hernreich

Title: Executive Vice President, Chief

Operating Officer, Chief Financial Officer,

Treasurer and Secretary

BORROWERS

CASUAL MALE RETAIL GROUP, INC.

By   /s/ Dennis R. Hernreich
Name: Dennis R. Hernreich

Title: Executive Vice President, Chief

Operating Officer, Chief Financial Officer,

Treasurer and Secretary

DESIGNS APPAREL, INC.
By   /s/ Dennis R. Hernreich
Name: Dennis R. Hernreich

Title: Executive Vice President, Chief

Operating Officer, Chief Financial Officer,

Treasurer and Secretary

 

S-1


 

ADMINISTRATIVE AGENT AND

COLLATERAL AGENT

BANK OF AMERICA, N.A.

By   /s/ Kathleen A. Dimock
Name: Kathleen A. Dimock
Title: Managing Director
THE LENDERS:

BANK OF AMERICA, N.A.

(REVOLVING CREDIT LENDER AND LAST OUT

REVOLVING LENDER)

By   /s/ Kathleen A. Dimock
Name: Kathleen A. Dimock
Title: Managing Director

NATIONAL CITY BUSINESS CREDIT, INC.

(DOCUMENTATION AGENT, REVOLVING CREDIT LENDER AND LAST OUT REVOLVING LENDER)

By   /s/ Kathryn C. Ellero
Name: Kathryn C. Ellero
Title: Vice President

WELLS FARGO FOOTHILL, LLC

(SYNDICATION AGENT AND REVOLVING CREDIT LENDER)

By   /s/ Eunnie Kim
Name: Eunnie Kim
Title: VP

WELLS FARGO BUSINESS CREDIT INC.

(REVOLVING CREDIT LENDER)

By   /s/ Jeff Giunta
Name: Jeff Giunta
Title: Relationship Manager

 

S-2


 

LASALLE RETAIL FINANCE, a division of LaSalle Business Credit, as Agent for Standard Federal Bank National Association

(REVOLVING CREDIT LENDER AND LAST OUT REVOLVING LENDER)

By   /s/ Roger Malauf
Name:   Roger Malauf
Title:   AVP

GENERAL ELECTRIC CAPITAL CORPORATION

(REVOLVING CREDIT LENDER)

By   /s/ James R. Persico
Name:   James R. Persico
Title:   Duly Authorized Signatory

JPMORGAN CHASE BANK

(REVOLVING CREDIT LENDER AND LAST OUT

REVOLVING LENDER)

By   /s/ Scott Troy
Name:   Scott Troy
Title:   Vice President

 

S-3


Exhibit 1.0(a)

Casual Male companies

 

NAME

 

FEDERAL ID

Casual Male Retail Group, Inc.

  04-2623104

Casual Male CANADA Inc.

  BN 86224-0074

Designs Apparel, Inc.

  02-0525277

Casual Male Store, LLC

  20-1627444

Capture, LLC

  33-1003155

Casual Male Retail Store, LLC

  20-1628392

Casual Male Direct, LLC

  20-1628414

Casual Male Jaredm LLC

  20-4774445

Casual Male RBT, LLC

  20-1653061

Casual Male RBT (U.K.) LLC

  20-1653147

Think Big Products LLC

  20-5572744

Canton PL Liquidating Corp.

  13-4222128


Exhibit 1.0(b)

Guarantors

 

NAME

 

FEDERAL ID

Casual Male CANADA Inc.

  BN 86224-0074

Casual Male Store, LLC

  20-1627444

Capture, LLC

  33-1003155

Casual Male Retail Store, LLC

  20-1628392

CMXL, LLC

  20-8338319

Casual Male Direct, LLC

  20-1628414

Casual Male Jaredm LLC

  20-4774445

Casual Male RBT, LLC

  20-1653061

Casual Male RBT (U.K.) LLC

  20-1653147

Think Big Products LLC

  20-5572744

Canton PL Liquidating Corp.

  13-4222128


Exhibit 1.1

Permitted Encumbrances

 

Debtor Name

   Jurisdiction    Type    File
Date
   File No.    Secured Party Name    Status    Description

Casual Male Retail Group, Inc.

   Delaware    UCC-1    01/08/03    30222755    De Lage Landen
Financial Services,
Inc.; EMC Corporation
   Active    Symmetrix Storage
Device

Casual Male Retail Group, Inc.

   Delaware    UCC-1    05/16/03    31264251    California First Leasing
Corporation
   Active    Lawson Software
License

(HR/Payroll/Finance
Systems)

Casual Male Retail Group, Inc.

   Delaware    UCC-1    08/03/04    42171181    NMHG Financial
Services, Inc.
   Active    Sweeper/Scrubber

Casual Male Retail Group, Inc.

   Delaware    UCC-1    12/21/04    43600642    De Lage Landen
Financial Services, Inc.
   Active    Clarion CX500 and
Celerra NS502G-FD
Storage Devices

Casual Male Retail Group, Inc.

   Delaware    UCC-1    04/13/05    51144345    Siemens Financial
Services, Inc.
   Active    RapidSORT Controller

Casual Male Retail Group, Inc.

   Delaware    UCC-1    09/21/05    52915453    De Lage Landen
Financial Services, Inc.
   Active    DMX2000 for AS400
System

Casual Male Retail Group, Inc.

   Delaware    UCC-1    09/22/05    52937432    Xerox Corporation    Active    Color Copier

Casual Male Retail Group, Inc.

   Delaware    UCC-1    12/010/05    53712156    Cisco Systems Capital    Active    Routers and Ethernet
Computer Networking
and
Telecommunications
Equipment

Casual Male Retail Group, Inc.

   Delaware    UCC-1    05/01/06    61457340    ISO Capital    Active    Copiers/Scanners/Fax


Exhibit 2.9

 

 

AMENDED AND RESTATED SWINGLINE NOTE

 

 

 

Boston, Massachusetts    December 28, 2006

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”) jointly and severally promise to pay to the order of BANK OF AMERICA, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109 (with any subsequent holder, the “SwingLine Lender”), the unpaid principal balance of loans and advances made to the Borrowers pursuant to the SwingLine established pursuant to the Fifth Amended and Restated Loan and Security Agreement of even date herewith (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Revolving Credit Lenders named therein and the Last Out Revolving Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein. This Amended and Restated SwingLine Note replaces in full that certain SwingLine Note dated October 29, 2004, made payable to Fleet Retail Group, LLC (f/k/a Fleet Retail Group, Inc.) as SwingLine Lender thereunder from the Borrowers, in the original principal amount of $15,000,000.00.

This Amended and Restated SwingLine Note is the “SwingLine Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined.

The Administrative Agent’s books and records concerning loans and advances pursuant to the SwingLine, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness hereunder.


The principal of, and interest on, this SwingLine Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein.

No delay or omission by the Administrative Agent or the SwingLine Lender in exercising or enforcing any of their respective powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this SwingLine Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this SwingLine Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this SwingLine Note.

This SwingLine Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the SwingLine Lender and its successors, endorsees, and assigns.

The liabilities of each Borrower, and of any endorser or guarantor of this SwingLine Note, are joint and several, provided, however, the release by the SwingLine Lender or the Administrative Agent of any one or more such person, endorser or guarantor shall not release any other person obligated on account of this SwingLine Note. Each reference in this SwingLine Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this SwingLine Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Lender of the person from whom contribution is sought have been satisfied in full.

 

2


This SwingLine Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the SwingLine Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this SwingLine Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR THE SWINGLINE LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR THE SWINGLINE LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR THE SWINGLINE LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR THE SWINGLINE LENDER.

[Signatures on Next Page]

 

3


 

       

The Borrowers:

Witness:

    CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:

    DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


Exhibit 2.11

 

 

AMENDED AND RESTATED REVOLVING CREDIT NOTE

 

 

 

Boston, Massachusetts   December 28, 2006

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”), jointly and severally promise to pay to the order of BANK OF AMERICA, N.A. (hereinafter, with any subsequent holders, the “Revolving Credit Lender”) c/o Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of TWENTY THREE MILLION FIVE HUNDRED THOUSAND AND 00/100 Dollars ($23,500,000.00) or the aggregate unpaid principal balance of Revolving Credit Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28, 2006 (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Revolving Credit Lenders named therein and the Last Out Revolving Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein. This Amended and Restated Revolving Credit Note replaces in full that certain Revolving Credit Note dated October 29, 2004, made payable to the Revolving Credit Lender from the Borrowers, in the original principal amount of $22,500,000.00.

This Amended and Restated Revolving Credit Note is a “Revolving Credit Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined. The principal of, and interest on, this Revolving Credit Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defined in the Loan Agreement are used as so defined.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers


shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be reflected on this Revolving Credit Note.

No delay or omission by the Administrative Agent or any Revolving Credit Lender in exercising or enforcing any of the Administrative Agent’s or such Revolving Credit Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Revolving Credit Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Revolving Credit Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this Revolving Credit Note.

This Revolving Credit Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Revolving Credit Lender and its successors, endorsees, and assigns.

The liabilities of each Borrower, and of any endorser or guarantor of this Revolving Credit Note, are joint and several, provided, however, the release by the Administrative Agent or the Revolving Credit Lender of any one or more such person, endorser or guarantor shall not release any other person obligated on account of this Revolving Credit Note. Each reference in this Revolving Credit Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Revolving Credit Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Revolving Credit Lender of the person from whom contribution is sought have been satisfied in full.

 

2


This Revolving Credit Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Revolving Credit Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Revolving Credit Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE REVOLVING CREDIT LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER.

[Remainder of page left intentionally blank]

 

3


 

        The Borrowers:
Witness:     CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:     DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


 

 

AMENDED AND RESTATED REVOLVING CREDIT NOTE

 

 

 

Boston, Massachusetts   December 28, 2006

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”), jointly and severally promise to pay to the order of NATIONAL CITY BUSINESS CREDIT, INC. (hereinafter, with any subsequent holders, the “Revolving Credit Lender”) c/o Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of TWENTY TWO MILLION AND 00/100 Dollars ($22,000,000.00) or the aggregate unpaid principal balance of Revolving Credit Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28, 2006 (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Revolving Credit Lenders named therein and the Last Out Revolving Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein. This Amended and Restated Revolving Credit Note replaces in full that certain Revolving Credit Note dated October 29, 2004, made payable to the Revolving Credit Lender from the Borrowers, in the original principal amount of $15,000,000.00.

This Amended and Restated Revolving Credit Note is a “Revolving Credit Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined. The principal of, and interest on, this Revolving Credit Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defined in the Loan Agreement are used as so defined.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers


shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be reflected on this Revolving Credit Note.

No delay or omission by the Administrative Agent or any Revolving Credit Lender in exercising or enforcing any of the Administrative Agent’s or such Revolving Credit Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Revolving Credit Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Revolving Credit Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this Revolving Credit Note.

This Revolving Credit Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Revolving Credit Lender and its successors, endorsees, and assigns.

The liabilities of each Borrower, and of any endorser or guarantor of this Revolving Credit Note, are joint and several, provided, however, the release by the Administrative Agent or the Revolving Credit Lender of any one or more such person, endorser or guarantor shall not release any other person obligated on account of this Revolving Credit Note. Each reference in this Revolving Credit Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Revolving Credit Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Revolving Credit Lender of the person from whom contribution is sought have been satisfied in full.

 

2


This Revolving Credit Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Revolving Credit Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Revolving Credit Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE REVOLVING CREDIT LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER.

[Remainder of page left intentionally blank]

 

3


 

    The Borrowers:
Witness:     CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:     DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


 

 

AMENDED AND RESTATED REVOLVING CREDIT NOTE

 

 

 

Boston, Massachusetts   December 28, 2006

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”), jointly and severally promise to pay to the order of GENERAL ELECTRIC CAPITAL CORPORATION (successor in interest to Heller Financial, Inc.) (hereinafter, with any subsequent holders, the “Revolving Credit Lender”) c/o Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of SIXTEEN MILLION AND 00/100 Dollars ($16,000,000.00) or the aggregate unpaid principal balance of Revolving Credit Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28, 2006 (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Revolving Credit Lenders named therein and the Last Out Revolving Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein. This Amended and Restated Revolving Credit Note replaces in full that certain Revolving Credit Note dated October 29, 2004, made payable to the Revolving Credit Lender from the Borrowers, in the original principal amount of $15,000,000.00.

This Amended and Restated Revolving Credit Note is a “Revolving Credit Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined. The principal of, and interest on, this Revolving Credit Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defined in the Loan Agreement are used as so defined.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and


advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be reflected on this Revolving Credit Note.

No delay or omission by the Administrative Agent or any Revolving Credit Lender in exercising or enforcing any of the Administrative Agent’s or such Revolving Credit Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Revolving Credit Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Revolving Credit Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this Revolving Credit Note.

This Revolving Credit Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Revolving Credit Lender and its successors, endorsees, and assigns.

The liabilities of each Borrower, and of any endorser or guarantor of this Revolving Credit Note, are joint and several, provided, however, the release by the Administrative Agent or the Revolving Credit Lender of any one or more such person, endorser or guarantor shall not release any other person obligated on account of this Revolving Credit Note. Each reference in this Revolving Credit Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Revolving Credit Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Revolving Credit Lender of the person from whom contribution is sought have been satisfied in full.

 

2


This Revolving Credit Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Revolving Credit Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Revolving Credit Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE REVOLVING CREDIT LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER.

[Remainder of page left intentionally blank]

 

3


 

        The Borrowers:
Witness:     CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:     DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


 

 

AMENDED AND RESTATED REVOLVING CREDIT NOTE

 

 

 

Boston, Massachusetts   December 28, 2006

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”), jointly and severally promise to pay to the order of LASALLE RETAIL FINANCE, a division of LaSalle Business Credit, LLC, as Agent for Standard Federal Bank National Association (hereinafter, with any subsequent holders, the “Revolving Credit Lender”) c/o Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of EIGHT MILLION FIVE HUNDRED THOUSAND AND 00/100 Dollars ($8,500,000.00) or the aggregate unpaid principal balance of Revolving Credit Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28, 2006 (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Revolving Credit Lenders named therein and the Last Out Revolving Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein. This Amended and Restated Revolving Credit Note replaces in full that certain Revolving Credit Note dated October 29, 2004, made payable to the Revolving Credit Lender from the Borrowers, in the original principal amount of $7,500,000.00.

This Amended and Restated Revolving Credit Note is a “Revolving Credit Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined. The principal of, and interest on, this Revolving Credit Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defined in the Loan Agreement are used as so defined.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and


advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be reflected on this Revolving Credit Note.

No delay or omission by the Administrative Agent or any Revolving Credit Lender in exercising or enforcing any of the Administrative Agent’s or such Revolving Credit Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Revolving Credit Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Revolving Credit Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this Revolving Credit Note.

This Revolving Credit Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Revolving Credit Lender and its successors, endorsees, and assigns.

The liabilities of each Borrower, and of any endorser or guarantor of this Revolving Credit Note, are joint and several, provided, however, the release by the Administrative Agent or the Revolving Credit Lender of any one or more such person, endorser or guarantor shall not release any other person obligated on account of this Revolving Credit Note. Each reference in this Revolving Credit Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Revolving Credit Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Revolving Credit Lender of the person from whom contribution is sought have been satisfied in full.

 

2


This Revolving Credit Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Revolving Credit Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Revolving Credit Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE REVOLVING CREDIT LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER.

[Remainder of page left intentionally blank]

 

3


 

    The Borrowers:
Witness:     CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:     DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


 

 

REVOLVING CREDIT NOTE

 

 

 

Boston, Massachusetts   December 28, 2006

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”), jointly and severally promise to pay to the order of JP MORGAN CHASE BANK (hereinafter, with any subsequent holders, the “Revolving Credit Lender”) c/o Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of ELEVEN MILLION AND 00/100 Dollars ($11,000,000.00) or the aggregate unpaid principal balance of Revolving Credit Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28, 2006 (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Revolving Credit Lenders named therein and the Last Out Revolving Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein.

This Revolving Credit Note is a “Revolving Credit Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined. The principal of, and interest on, this Revolving Credit Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defined in the Loan Agreement are used as so defined.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be reflected on this Revolving Credit Note.


No delay or omission by the Administrative Agent or any Revolving Credit Lender in exercising or enforcing any of the Administrative Agent’s or such Revolving Credit Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Revolving Credit Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Revolving Credit Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this Revolving Credit Note.

This Revolving Credit Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Revolving Credit Lender and its successors, endorsees, and assigns.

The liabilities of each Borrower, and of any endorser or guarantor of this Revolving Credit Note, are joint and several, provided, however, the release by the Administrative Agent or the Revolving Credit Lender of any one or more such person, endorser or guarantor shall not release any other person obligated on account of this Revolving Credit Note. Each reference in this Revolving Credit Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Revolving Credit Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Revolving Credit Lender of the person from whom contribution is sought have been satisfied in full.

This Revolving Credit Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

 

2


Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Revolving Credit Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Revolving Credit Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE REVOLVING CREDIT LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER.

[Remainder of page left intentionally blank]

 

3


 

    The Borrowers:
Witness:     CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:     DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


 

 

AMENDED AND RESTATED REVOLVING CREDIT NOTE

 

 

 

Boston, Massachusetts   December 28, 2006

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”), jointly and severally promise to pay to the order of WELLS FARGO FOOTHILL, LLC (f/k/a Wells Fargo Foothill, Inc.) (hereinafter, with any subsequent holders, the “Revolving Credit Lender”) c/o Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of TEN MILLION AND 00/100 Dollars ($10,000,000.00) or the aggregate unpaid principal balance of Revolving Credit Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28, 2006 (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Revolving Credit Lenders named therein and the Last Out Revolving Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein. This Amended and Restated Revolving Credit Note replaces in full that certain Revolving Credit Note dated October 29, 2004, made payable to the Revolving Credit Lender from the Borrowers, in the original principal amount of $9,375,000.00.

This Amended and Restated Revolving Credit Note is a “Revolving Credit Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined. The principal of, and interest on, this Revolving Credit Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defined in the Loan Agreement are used as so defined.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers


shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be reflected on this Revolving Credit Note.

No delay or omission by the Administrative Agent or any Revolving Credit Lender in exercising or enforcing any of the Administrative Agent’s or such Revolving Credit Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Revolving Credit Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Revolving Credit Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this Revolving Credit Note.

This Revolving Credit Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Revolving Credit Lender and its successors, endorsees, and assigns.

The liabilities of each Borrower, and of any endorser or guarantor of this Revolving Credit Note, are joint and several, provided, however, the release by the Administrative Agent or the Revolving Credit Lender of any one or more such person, endorser or guarantor shall not release any other person obligated on account of this Revolving Credit Note. Each reference in this Revolving Credit Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Revolving Credit Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Revolving Credit Lender of the person from whom contribution is sought have been satisfied in full.

 

2


This Revolving Credit Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Revolving Credit Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Revolving Credit Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE REVOLVING CREDIT LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER.

[Remainder of page left intentionally blank]

 

3


 

    The Borrowers:
Witness:     CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:     DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


 

 

AMENDED AND RESTATED REVOLVING CREDIT NOTE

 

 

 

Boston, Massachusetts    December 28, 2006

FOR VALUE RECEIVED, the undersigned (individually, a Borrower and collectively, the Borrowers), jointly and severally promise to pay to the order of WELLS FARGO BUSINESS CREDIT INC. (hereinafter, with any subsequent holders, the Revolving Credit Lender) c/o Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of NINE MILLION AND 00/100 Dollars ($9,000,000.00) or the aggregate unpaid principal balance of Revolving Credit Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28, 2006 (as such may be amended hereafter, the Loan Agreement) between Bank of America, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Revolving Credit Lenders named therein and the Last Out Revolving Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein. This Amended and Restated Revolving Credit Note replaces in full that certain Revolving Credit Note dated October 29,2004, made payable to the Revolving Credit Lender from the Borrowers, in the original principal amount of $9,375,000.00.

This Amended and Restated Revolving Credit Note is a “Revolving Credit Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined. The principal of, and interest on, this Revolving Credit Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defined in the Loan Agreement are used as so defined.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers


shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be reflected on this Revolving Credit Note.

No delay or omission by the Administrative Agent or any Revolving Credit Lender in exercising or enforcing any of the Administrative Agent’s or such Revolving Credit Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Revolving Credit Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Revolving Credit Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liabilty of any Borrower or any other person obligated on account of this Revolving Credit Note.

This Revolving Credit Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Revolving Credit Lender and its successors, endorsees, and assigns.

The liabilities of each Borrower, and of any endorser or guarantor of this Revolving Credit Note, are joint and several, provided, however, the release by the Administrative Agent or the Revolving Credit Lender of any one or more such person, endorser or guarantor shall not release any other person obligated on account of this Revolving Credit Note. Each reference in this Revolving Credit Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Revolving Credit Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Revolving Credit Lender of the person from whom contribution is sought have been satisfied in full.

 

2


This Revolving Credit Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Revolving Credit Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Revolving Credit Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE REVOLVING CREDIT LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY REVOLVING CREDIT LENDER.

[Remainder of page left intentionally blank]

 

3


 

    The Borrowers:
Witness:     CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:     DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


Exhibit 2.12

 

LAST OUT REVOLVING NOTE

   December 28, 2006

Boston, Massachusetts

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”), jointly and severally promise to pay to the order of BANK OF AMERICA, N.A. (hereinafter, with any subsequent holders, the “Last Out Revolving Lender”) do BANK OF AMERICA, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of FOUR MILLION AND 001100 DOLLARS ($4,000,000.00) or the aggregate unpaid principal balance of Last Out Revolving Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28, 2006 (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Last Out Revolving Lenders named therein and the Revolving Credit Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein.

This is a “Last Out Revolving Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined. The principal of, and interest on, this Last Out Revolving Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defmed in the Loan Agreement are used as so defined.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Last Out Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be reflected on this Last Out Revolving Note.


No delay or omission by the Administrative Agent or any Last Out Revolving Lender in exercising or enforcing any of the Administrative Agent’s or such Last Out Revolving Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Last Out Revolving Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Last Out Revolving Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this Last Out Revolving Note.

This Last Out Revolving Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Last Out Revolving Lender and its successors, endorsees, and assigns.

The liabilities of each Borrower, and of any endorser or guarantor of this Last Out Revolving Note, are joint and several, provided, however, the release by the Administrative Agent or the Last Out Revolving Lender of anyone or more such person, endorser or guarantor shall not release any other person obligated on account of this Last Out Revolving Note. Each reference in this Last Out Revolving Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Last Out Revolving Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Last Out Revolving Lender of the person from whom contribution is sought have been satisfied in full.

This Last Out Revolving Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts 2 (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.


Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Last Out Revolving Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Last Out Revolving Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE LAST OUT REVOLVING LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER.

[Remainder of page left intentionally blank]

 

3


 

       

The Borrowers:

Witness:

    CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By:  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:

    DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By:  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary


 

LAST OUT REVOLVING NOTE

   December 28, 2006

Boston, Massachusetts

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”), jointly and severally promise to pay to the order of NATIONAL CITY BUSINESS CREDIT, INC. (hereinafter, with any subsequent holders, the “Last Out Revolving Lender”) c/o BANK OF AMERICA, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of THREE MILLION FIVE HUNDRED THOUSAND AND 00/100 DOLLARS ($3,500,000.00) or the aggregate unpaid principal balance of Last Out Revolving Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28,2006 (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Last Out Revolving Lenders named therein and the Revolving Credit Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein.

This is a “Last Out Revolving Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defmed in the Loan Agreement are used as so defined. The principal of, and interest on, this Last Out Revolving Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defmed in the Loan Agreement are used as so defmed.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Last Out Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be reflected on this Last Out Revolving Note.


No delay or omission by the Administrative Agent or any Last Out Revolving Lender in exercising or enforcing any of the Administrative Agent’s or such Last Out Revolving Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Last Out Revolving Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Last Out Revolving Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this Last Out Revolving Note.

This Last Out Revolving Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Last Out Revolving Lender and its successors, endorsees, and aSSigns.

The liabilities of each Borrower, and of any endorser or guarantor of this Last Out Revolving Note, are joint and several, provided, however, the release by the Administrative Agent or the Last Out Revolving Lender of anyone or more such person, endorser or guarantor shall not release any other person obligated on account of this Last Out Revolving Note. Each reference in this Last Out Revolving Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Last Out Revolving Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Last Out Revolving Lender of the person from whom contribution is sought have been satisfied in full.

 

2


This Last Out Revolving Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Last Out Revolving Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Last Out Revolving Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE LAST OUT REVOLVING LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER.

[Remainder of page left intentionally blank]

 

3


 

       

The Borrowers:

Witness:

    CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:

    DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


 

LAST OUT REVOLVING NOTE

   December 28, 2006

Boston, Massachusetts

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”), jointly and severally promise to pay to the order of LASALLE RETAIL FINANCE, a division of LaSalle Business Credit, LLC, as Agent for Standard Federal Bank National Association (hereinafter, with any subsequent holders, the “Last Out Revolving Lender”) c/o BANK OF AMERICA, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of ONE MILLION FIVE HUNDRED THOUSAND AND 00/100 DOLLARS ($1,500,000.00) or the aggregate unpaid principal balance of Last Out Revolving Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28,2006 (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Last Out Revolving Lenders named therein and the Revolving Credit Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein.

This is a “Last Out Revolving Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined. The principal of, and interest on, this Last Out Revolving Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defmed in the Loan Agreement are used as so defined.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Last Out Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be reflected on this Last Out Revolving Note.


No delay or omission by the Administrative Agent or any Last Out Revolving Lender in exercising or enforcing any of the Administrative Agent’s or such Last Out Revolving Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Last Out Revolving Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Last Out Revolving Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this Last Out Revolving Note.

This Last Out Revolving Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Last Out Revolving Lender and its successors, endorsees, and aSSIgns.

The liabilities of each Borrower, and of any endorser or guarantor of this Last Out Revolving Note, are joint and several, provided, however, the release by the Administrative Agent or the Last Out Revolving Lender of anyone or more such person, endorser or guarantor shall not release any other person obligated on account of this Last Out Revolving Note. Each reference in this Last Out Revolving Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Last Out Revolving Note may seek contribution from any other person also obligated unless and until all liabilities, obligations and indebtedness to the Last Out Revolving Lender of the person from whom contribution is sought have been satisfied in full.

 

2


This Last Out Revolving Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.

Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Last Out Revolving Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Last Out Revolving Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE LAST OUT REVOLVING LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER.

[Remainder of page left intentionally blank]

 

3


 

       

The Borrowers:

Witness:

    CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:     DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


 

LAST OUT REVOL VING NOTE

   December 28, 2006

Boston, Massachusetts

 

FOR VALUE RECEIVED, the undersigned (individually, a “Borrower” and collectively, the “Borrowers”), jointly and severally promise to pay to the order of JPMORGAN CHASE BANK, N.A. (hereinafter, with any subsequent holders, the “Last Out Revolving Lender”) c/o BANK OF AMERICA, N.A., a national banking association having an office at 40 Broad Street, Boston, Massachusetts 02109, the principal sum of ONE MILLION AND 00/100 DOLLARS ($1,000,000.00) or the aggregate unpaid principal balance of Last Out Revolving Loans made to or for the account of the Borrowers pursuant to the Fifth Amended and Restated Loan and Security Agreement dated as of December 28,2006 (as such may be amended hereafter, the “Loan Agreement”) between Bank of America, N.A., a national banking association having an office at 40 Broad Street Boston, Massachusetts 02109, as Administrative Agent and as Collateral Agent (with any successor in such capacities, so referred to herein) for the benefit of the Last Out Revolving Lenders named therein and the Revolving Credit Lenders named therein, and the Lenders, on the one hand, and each of the Borrowers, on the other, with interest, at the rate and payable in the manner stated therein.

This is a “Last Out Revolving Note” to which reference is made in the Loan Agreement and is subject to all terms and provisions thereof. Terms used herein which are defined in the Loan Agreement are used as so defined. The principal of, and interest on, this Last Out Revolving Note shall be payable as provided in the Loan Agreement and shall be subject to acceleration as provided therein. Terms used herein which are defmed in the Loan Agreement are used as so defmed.

The Administrative Agent’s books and records concerning loans and advances pursuant to the Credit Facilities, the accrual of interest thereon, and the repayment of such loans and advances, shall be prima facie evidence of the indebtedness hereunder. Each of the Borrowers shall be bound by and obligated on account of any increase or decrease in the amount of the holder’s Last Out Revolving Credit Dollar Commitment notwithstanding that such increase or decrease may not be retlected on this Last Out Revolving Note.


No delay or omission by the Administrative Agent or any Last Out Revolving Lender in exercising or enforcing any of the Administrative Agent’s or such Last Out Revolving Lender’s powers, rights, privileges, remedies, or discretions hereunder shall operate as a waiver thereof on that occasion nor on any other occasion. No waiver of any default hereunder shall operate as a waiver of any other default hereunder, nor as a continuing waiver.

The Borrowers, and each endorser and guarantor of this Last Out Revolving Note, respectively waives presentment, demand, notice, and protest, and also waives any delay on the part of the holder hereof. Each assents to any extension or other indulgence (including, without limitation, the release or substitution of Collateral) permitted by the Administrative Agent with respect to this Last Out Revolving Note and/or any Collateral or any extension or other indulgence with respect to any other liability or any collateral given to secure any other liability of any Borrower or any other person obligated on account of this Last Out Revolving Note.

This Last Out Revolving Note shall be binding upon each Borrower, and each endorser and guarantor hereof, and upon their respective heirs, successors, assigns, and representatives, and shall inure to the benefit of the Last Out Revolving Lender and its successors, endorsees, and assigns.

The liabilities of each Borrower, and of any endorser or guarantor of this Last Out Revolving Note, are joint and several, provided, however, the release by the Administrative Agent or the Last Out Revolving Lender of anyone or more such person, endorser or guarantor shall not release any other person obligated on account of this Last Out Revolving Note. Each reference in this Last Out Revolving Note to each Borrower, any endorser, and any guarantor, is to such person individually and also to all such persons jointly. No person obligated on account of this Last Out Revolving Note may seek contribution from any other person also obligated unless and lmtil all liabilities, obligations and indebtedness to the Last Out Revolving Lender of the person from whom contribution is sought have been satisfied in full.

This Last Out Revolving Note is delivered at the offices of the Administrative Agent in Boston, Massachusetts, shall be governed by the laws of The Commonwealth of Massachusetts 2 (without regard to the conflict of laws principles thereof), and shall take effect as a sealed instrument.


Each Borrower makes the following waiver knowingly, voluntarily, and intentionally, and understands that the Administrative Agent and the Last Out Revolving Lender in the establishment and maintenance of their respective relationship with the Borrowers contemplated by this Last Out Revolving Note, is relying thereon. EACH BORROWER, TO THE EXTENT ENTITLED THERETO, WAIVES ANY PRESENT OR FUTURE RIGHT OF THAT BORROWER, OR OF ANY GUARANTOR OR ENDORSER OF THAT BORROWER OR OF ANY OTHER PERSON LIABLE TO THE LAST OUT REVOLVING LENDER ON ACCOUNT OF OR IN RESPECT TO THE LIABILITIES, TO A TRIAL BY JURY IN ANY CASE OR CONTROVERSY IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER IS OR BECOMES A PARTY (WHETHER SUCH CASE OR CONTROVERSY IS INITIATED BY OR AGAINST THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER OR IN WHICH THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER IS JOINED AS A PARTY LITIGANT), WHICH CASE OR CONTROVERSY ARISES OUT OF, OR IS IN RESPECT TO, ANY RELATIONSHIP AMONGST OR BETWEEN ANY BORROWER, ANY SUCH PERSON, AND THE ADMINISTRATIVE AGENT AND/OR ANY LAST OUT REVOLVING LENDER.

[Remainder of page left intentionally blank]

 

3


 

       

The Borrowers:

Witness:

    CASUAL MALE RETAIL GROUP, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

Witness:     DESIGNS APPAREL, INC.

/s/ Kathleen E. Lehmann

    By  

/s/ Dennis R. Hernreich

    Name:   Dennis R. Hernreich
    Title:  

Executive Vice President, Chief

Operating Officer, Chief Financial

Officer, Treasurer and Secretary

 

4


EXHIBIT 2.25

Lenders’ Commitments

 

Lender

   Revolving
Credit Dollar
Commitment
     Revolving
Credit
Percentage
Commitment
    Last Out
Revolving
Credit Dollar
Commitment
     Last Out
Revolving
Commitment
Percentage
 

Bank of America, N.A,

   $ 23,500,000         23.5   $ 4,000,000         40.0

National City Business Credit

   $ 22,000,000         22.0   $ 3,500,000         35.0

lPMorgan Chase Bank

   $ 11,000,000         11.0   $ 1,000,000         10.0

General Electric Capital Corporation

   $ 16,000,000         16.0   $ 0       $ 0   

Wells Fargo Foothill, LLC

   $ 10,000,000         10.0   $ 0       $ 0   

Wells Fargo Business Credit, Inc.

   $ 9,000,000         9.0   $ 0       $ 0   

LaSalle Retail Finance

   $ 8,500,000         8.5   $ 1,500,000         15

Total

   $ 100,000,000         100   $ 10,000,000         100


Exhibit 3.9(b)

Existing Defaults under Material Contracts

None.


Exhibit 4.2

Loan Parties’ Information

LOGO

Casual Male

Retail Group, Inc.

(f/k/a Designs, Inc.)

DE

04-2623104

(Parent & Oper. Co.)

01/29/76

Casual Male CANADA Inc.

(d/b/a Casual Male Big & Tall)

Ontario, CANADA

BN 86224-0074

(Operating Co.)

05/07/04

Designs Apparel, Inc.

DE

02-0525277

(Franchise & Holding Co.)

04/04/01

Casual Male Store, LLC

Converted to LLC 12/09/03

(f/k/a Designs CMAL Store Inc.)

(d/b/a Casual Male Big &Tall)

DE

20-1627444

(Unitary) (Old EIN 04-3660608)

Incorporated 05/09/02

Casual Male Retail Store, LLC

Converted to LLC 12/09/03

(f/k/a Designs CMAL Retail Store Inc.)

(d/b/a Casual Male Big & Tall )

DE

20-1628392

(Non-unitary) (Old EIN 04-3660600)

Incorporated 05/09/02

Casual Male Direct, LLC

Converted to LLC 12/09/03

(f/k/a Designs CMAL TBD Inc.)

(d/b/a ThinkBIG Direct)

DE

20-1628414

(Old EIN 04-3660612)

Incorporated 05/09/02

Casual Male RBT, LLC

(d/b/a Rochester Big & Tall)

DE

20-1653061

(Operating Co.)

09/15/04

Think Big Products LLC

DE

20-5572744

(Operating Co.)

09/19/06

Canton PL Liquidating Corp.

(f/k/a LP Innovations, Inc.)

(Parent of Securex LLC)

NV

13-4222128

(100.0% Owned by CMRG)

11/15/02

Capture, LLC

(SMLLC)

VA

33-1003155

(Gift Card Co.)

02/08/02

Casual Male Jaredm LLC

(d/b/a Jared M.)

DE

20-4774445

(Operating Co.)

04/21/06

Casual Male RBT (U.K.) LLC

(d/b/a Rochester Big & Tall)

DE

20-1653147

(Operating Co. - London)

09/15/04


Exhibit 4.2

Loan Parties’ Information

 

Name

  

Jurisdiction of Organization

  

Federal Tax ID #

Casual Male Retail Group, Inc.

   Delaware    04-2623104

Designs Apparel, Inc.

   Delaware    02-0525277

Casual Male RBT, LLC

   Delaware    20-1653061

Casual Male RBT (U.K.) LLC

   Delaware    20-1653147

Casual Male CANADA Inc.

   Ontario, Canada    BN 86224-0074

Capture, LLC

   Virginia    33-1003155

Casual Male Store, LLC

   Delaware    20-1627444

Casual Male Retail Store, LLC

   Delaware    20-1628392

Casual Male Direct, LLC

   Delaware    20-1628414

Casual Male Jaredm LLC

   Delaware    20-4774445

Think Big Products LLC

   Delaware    20-5572744

Canton PL Liquidating Corp.

   Nevada    13-4222128


Exhibit 4.3

Trade Names

Now owned or existing or hereafter acquired or arising trade names, registered service marks and Federal service mark applications, registered trademarks and Federal trademark applications, and International trademark applications, are as follows:

TRADE NAMES

 

ROCHESTER TRADE NAMES **

  CASUAL MALE TRADE NAMES

Rochester Big & Tall Clothing (07/01/74 – Pres.)

Rochester Clothing C0. (01/02/57 - 07/01/74)

Rochester Big & Tall

Rochester Sport

California Big & Tall

Rochester Big & Tall Newark Park, Inc. *

Rochester Big & Tall Stevens Creek, Inc. *

 

Designs, Inc. (01/29/76 – 08/08/02)

Casual Male Retail Group, Inc. (08/08/02 – Pres.)

Levi’s Outlet by Designs

Dockers Outlet by Designs

Designs Exclusively Levi Strauss & Co. *

Designs Exclusively Levi’s *

Casual Male

Casual Male Big & Tall

Casual Male XL (in use since 08/10/05)

Think Big

Think Big Direct

*       In use until (circa) July 1991

 
 

*  Pre-1997

**     By way of assignment pursuant to
acquisition of Rochester Big & Tall Clothing
on October 29, 2004

 

See Attachment for a list of pending and registered

trademarks.

SUPERSIZEWORLD TRADE NAME *   JARED M. TRADE NAMES *

SuperSizeWorld

Big Lou Toilet Seat

MegaBand

MegaTowel

SuperSize Towel

SuperValue Towel

MegaHanger

Hangerzilla

 

*  By way of assignment pursuant to
acquisition of supersizeworld.com
business of Intelligent Technologies, Inc. in
October 2006

 

Jared M.

 

*  By way of assignment pursuant to acquisition of
Jared M. business of JM Leather, Inc. on
May 2, 2006


UNITED STATES TRADEMARK REGISTRATIONS

 

MARK

  

REGISTRATION

NUMBER            

ALEXANDER LLOYD

   1792707

B&T FACTORY STORE & design (SM)

   2443351

B&T BIG & TALL FACTORY STORE & design (SM)

   2415558

BIG & TALL & design (SM) (stylized)(yellow)

   1553379 (Supp.)

BIG & TALL CASUAL MALE & design (SM)

   2080852

CANYON RIDGE

   2159159

CASUAL MALE

   2838614

CASUAL MALE (SM)

   2198042

CASUAL MALE BIG & TALL (SM)

   2036883

CASUAL MALE BIG & TALL & design (SM)

   2080851

CASUAL MALE XL & design (SM)

   T06000000743 (Florida)

DRY-ACTION

   3067127

FLEX-ZONE

   2997389

GLACIER TEC

   2810224

GRADE A JEANS

   2490404

GRANDE CENTRAL BIG & TALL CLOTHING CO.

   2635630

HARBOR BAY

   2531456

HB SPORT HARBOR BAY

   2471393

HB SPORT HARBOR BAY & design

   2566969

HIGH AND MIGHTY

   1034385

HIGH & MIGHTY (SM)

   1171694

HIMALAYA

   1974456

HIMALAYA OUTFITTERS

   1975575


 

24K JARED M. CUSTOM CLOTHING **

   2066172

JARED M. (stylized) **

   2821037

NATURAL EXCHANGE BY ALEXANDER LLOYD

   2018824

NECK-RELAXER

   2938844

REPP

   2652826 (Supp.)

REPP (SM)

   2667795

REPP, LTD. & design

   1242946

REPP TECH

   2346534

ROCHESTER SPORT FOR BIG & TALL MEN *

   2975701

STAIN-FIGHTER

   2997388

THINK BIG

   2643269

THINK BIG (SM)

   2324049

THINK BIG (multi-classification novelty items)

   2802643

WAIST-RELAXER

   2650656

 

* By way of assignment pursuant to acquisition of Rochester Big & Tall Clothing on October 29, 2004.
** By way of assignment pursuant to acquisition of JM Leather, Inc. on May 2, 2006.

UNITED STATES TRADEMARK APPLICATIONS

 

MARK

  

APPLICATION

NUMBER        

BTDIRECT.COM (SM)    76/665689
CASTAGNE (Italian translation “Chestnuts”)    78/856399
CASUAL MALE SIGNATURE COLLECTION    78/541955
CASUAL MALE XL    78/715487
CASUAL MALE XL (SM)    78/715516
CM SPORT BY CASUAL MALE    78/541965
COMFORT ZONE BY CASUAL MALE    78/537945
COMFORT ZONE BY GEORGE FOREMAN    78/332284 (discontinue use 12/31/06)
GEORGE FOREMAN SIGNATURE COLLECTION    78/349916 (discontinue use 12/31/06)
GF SPORT BY GEORGE FOREMAN    78/310354 (discontinue use 12/31/06)
ISLAND OUTFITTERS    76/666403
JARED M.    78/900495
JARED M. (SM)    Pending
JM JARED M. (wing crest design)    76/646746
ROCHESTER    78/582824
ROCHESTER BIG & TALL (SM)    78/582818
SIGNATURE COLLECTION BY CASUAL MALE    78/541960
SIGNATURE COLLECTION BY GEORGE FOREMAN    78/381729 (discontinue use 12/31/06)
SYNTHESIS    76/664682
TRAVELER TECHNOLOGY    78/588204


UNITED STATES UNREGISTERED COMMON LAW TRADEMARKS/TRADE NAMES

 

MARK

  

STATUS

B&T FACTORY DIRECT    Not Applied For
CALIFORNIA BIG & TALL    Not Applied For
CARE FREE    Not Applied For
CM CLASSICS    Not Applied For
CUSTOM MADE BY CASUAL MALE    Not Applied For
FAIRBANKS    Not Applied For
HARBOR BAY CASUALS    Not Applied For
HASSLE FREE BY HARBOR BAY    Not Applied For
HB CLASSICS    Not Applied For
HUSKY (workboots)    Not Applied For
MENSWEAR    Not Applied For
MOTION FLEECE    Not Applied For
PLATINUM SERIES    Not Applied For
PLATINUM SUIT COLLECTION    Not Applied For
PS PRO    Not Applied For
PS PRO & design    Not Applied For
PS PRO (STAR design)    Not Applied For
REPP LTD. (horizontal store signs) (stylized) (SM)    Not Applied For
REPP LTD. (vertical store sign) (stylized) (SM)    Not Applied For
REPP PREMIER (store sign) (stylized) (SM)    Not Applied For
ROCHESTER SPORT    Not Applied For
SYNRGY    Not Applied For

CANADA TRADEMARK REGISTRATIONS

 

MARK

  

REGISTRATION

NUMBER            

GLACIER TEC (footwear, caps and gloves)    TMA653857
HARBOR BAY    TMA642520
HIMALAYA    TMA665615
NECK-RELAXER    TMA654960
STAIN-FIGHTER    TMA670418
THINKBIGDIRECT.COM    TMA642522
WAIST-RELAXER    TMA642042


CANADA TRADEMARK APPLICATIONS

 

MARK

  

APPLICATION

NUMBER          

BIG & TALL & design (SM) (stylized)    1210501
BIG & TALL CASUAL MALE & design (SM)    1210536
CASUAL MALE (SM)    1210545
CASUAL MALE BIG & TALL    1210504
CASUAL MALE BIG & TALL & design    1210537
CASUAL MALE XL    1295170
COMFORT ZONE    1274242
COMFORT ZONE BY GEORGE FOREMAN    1210546 (discontinue use 12/31/06)
FLEX-ZONE    1219789
GEORGE FOREMAN SIGNATURE COLLECTION    1210499 (discontinue use 12/31/06)
GF SPORT BY GEORGE FOREMAN    1210500 (discontinue use 12/31/06)
GLACIER TEC (clothing)    1210498
HB SPORT HARBOR BAY    1210538
HIMALAYA OUTFITTERS    1210502
JARED M.    1324095
ROCHESTER BIG & TALL    1268890
SIGNATURE COLLECTION BY GEORGE FOREMAN    1210542 (discontinue use 12/31/06)
THINKBIG (SM)    1210544
TRAVELER TECHNOLOGY    1268889

EUROPEAN (COMMUNITY) TRADEMARK REGISTRATIONS

 

MARK

  

REGISTRATION

NUMBER            

CASUAL MALE    004325742
HARBOR BAY    004325833

EUROPEAN (COMMUNITY) TRADEMARK APPLICATIONS

 

MARK

  

APPLICATION

NUMBER          

CASUAL MALE XL    5008529
COMFORT ZONE    4325783
ROCHESTER    4325809
ROCHESTER SPORT    4325825


UNITED STATES PATENTS

 

PATENT

   REGISTRATION
NUMBER

NECK-RELAXER EXTENDABLE COLLAR

   6986165

INTELLECTUAL PROPERTY

 

In
use?

  

Name - NEW listings BOLDED

   Expiration
Date
   Service    Registrant *
   bandtdirect.com    6-Jul-07    NS    D
   bandtfactory.com    6-Jul-07    NS    D
   bandtfactorydirect.com    14-Apr-07    NS    D
   bandtoutlet.com    9-Jun-07    NS    D
   bariatriconly.com    29-Jul-08    NS    D
   bariatricsonly.com    29-Jul-08    NS    D

yes

   bigandtall.com    15-Mar-14    NS    D
   bigandtallcasualmale.com    21-Jul-07    NS    D
   bigandtallfactory.com    9-Jun-07    NS    D
   bigandtallfactorydirect.com    17-Apr-07    NS    D
   bigandtallfactorystore.com    18-Dec-06    NS    D
   bigandtallfactorystores.com    18-Dec-06    NS    D

yes

   bigandtallfashion.com    9-Jun-07    NS    D
   big-and-tall-outlet.com    9-Jun-07    NS    D

yes

   biggoods.com    7-Feb-08    NS    D

yes

   big-goods.com    7-Feb-08    NS    D
   big-tallcasualmale.com    1-Nov-07    NS    D
   btdirect.com    10-Nov-07    NS    D
   btdirect.eu    25-Aug-07    NS    RBT (U.K.)
   btfactory.com    21-Jun-07    NS    D
   btfactorydirect.com    14-Apr-07    NS    D

yes

   btfactorystore.com    20-Mar-07    NS    D

yes

   casualmale.com    19-Oct-07    NS    D
   casual-male.com    2-Oct-07    NS    D
   casualmale.net    9-Jun-07    NS    D
   casual-male.net    9-Jun-07    NS    D
   casualmale.org    9-Jun-07    NS    D
   casual-male.org    9-Jun-07    NS    D
   casualmalebigandtalloutlet.com    18-Dec-06    NS    D
   casualmalebig-tall.com    5-Nov-07    NS    D


 

   casualmalemodels.com    18-Mar-07    NS    D
   casualmaleoutlet.com    28-Nov-07    NS    D

yes

   casualmalesurvey.com    26-Oct-07    NS    D

yes

   casualmaletv.com    10-Jul-07    NS    D

yes

   casualmalexl.com    14-Jul-07    NS    D
   casualmalexl.eu    7-Nov-07    NS    RBT (U.K.)

yes

   casualmalexltv.com    16-May-07    NS    D

yes

   cmal.com    17-May-07    NS    D
   cmalcorp.com    11-Jan-07    NS    D

yes

   cmale.com    12-May-07    NS    D

yes

   cmrginc.com    22-Aug-07    NS    D
   cmrginc.net    22-Aug-07    NS    D
   cmrginc.org    22-Aug-07    NS    D

yes

   designsinc.com    18-May-07    NS    D

yes

   guys-gifts.com    9-Jun-07    NS    D

yes

   jaredm.com    31-May-16    NS    D
   jaredm.eu    25-Aug-07    NS    RBT (U.K.)

yes

   jbak.com    12-Sep-07    NS    D

yes

   jbakerinc.com    12-Sep-07    NS    D

yes

   largemen.org    17-Jul-07    NS    D
   longbands.com    5-Feb-08    NS    D
   long-bands.com    5-Feb-08    NS    D
   longwatchbands.com    5-Feb-08    NS    D

yes

   mycasualmalexl.com    21-Mar-07    NS    D
   myshooz.eu    9-Nov-07    NS    RBT (U.K.)

yes

   onlinemensfashion.com    9-Jun-07    NS    D
   onlybariatric.com    29-Jul-08    NS    D
   onlybariatrics.com    29-Jul-08    NS    D

yes

   reppbigandtall.com    24-Jan-07    NS    D

yes

   reppbymail.com    15-Mar-07    NS    D

yes

   reppbynet.com    15-Mar-07    NS    D

yes

   reppltd.com    4-Mar-07    NS    D
   reppmail.com    3-Feb-07    NS    D
   rochesterbigandtall.co.uk    11-Aug-07    Nominet    RBT (U.K.)
   rochesterbigandtall.com    13-Mar-13    NS    D
   rochesterbigandtall.eu    7-Nov-07    NS    RBT (U.K.)
   rochesterbigandtall.net    5-Aug-11    NS    D
   rochesterbigandtallclothing.com    22-Feb-12    NS    D
   rochesterbigtall.com    1-May-13    NS    D
   rochesterclothing.co.uk    29-Jul-07    Nominet    RBT (U.K.)

yes

   rochesterclothing.com    25-Feb-11    NS    D
   rochesterclothing.net    5-Jul-11    NS    D

yes

   rochestersport.com    25-Feb-11    NS    D
   rxfashion.com    9-Nov-08    NS    CMRG

yes

   size-wise.com    7-Feb-08    NS    D

yes

   size-wise.org    7-Feb-08    NS    D

yes

   size-wize.com    7-Feb-08    NS    D

yes

   size-wize.org    7-Feb-08    NS    D

yes

   super-sized.com    7-Feb-08    NS    D

yes

   supersizedworld.com    14-Feb-09    NS    D


 

yes

   super-sizedworld.com    14-Feb-09    NS    D

yes

   supersizeworld.com    14-Feb-08    NS    D

yes

   super-sizeworld.com    14-Feb-09    NS    D

yes

   supersizeworld.net    14-Feb-08    NS    D

yes

   supersizeworld.org    14-Feb-08    NS    D

yes

   thinkbig.com    19-Jul-07    NS    D
   thinkbigdirect.com    9-Jun-07    NS    D
   thinkbigdirect.net    9-Jun-07    NS    D
   thinkbigdirect.org    9-Jun-07    NS    D
   travelinglarge.com    25-Nov-07    NS    D
   travelinglarge.org    25-Nov-07    NS    D
   travellinglarge.com    25-Nov-07    NS    D
   travellinglarge.org    25-Nov-07    NS    D

 

* D = Designs Apparel, Inc.

RBT (U.K.) = Casual Male RBT (U.K.) LLC

CMRG = Casual Male Retail Group, Inc.


Exhibit 4.4(b)

Exceptions to Property Rights

Casual Male Retail Group, Inc. (“Casual Male”), and certain of its subsidiaries, use the trademarks, trade names, trade styles, brand names, service marks and logos of third party suppliers to the extent that they are affixed to the inventory supplied to Casual Male but otherwise only with each supplier’s prior consent in each instance.


Exhibit 4.5

Locations, Leases and Landlords

Casual Male Retail Group, Inc. (“CMRG”) leases its headquarters office, at 555 Turnpike Street, Canton, Massachusetts from Spirit SPE Canton, LLC, a Delaware limited liability company, a wholly-owned subsidiary of Spirit Finance Corporation, with a corporate address of 1431 N. Scottsdale Road, Suite 200, Scottsdale, Arizona 85254-2711. The property consists of a 1-building, 2-story multi-tenant warehouse/flex industrial facility containing 755,992 gross square feet on approximately 27.3-acre parcel of land. CMRG also leases the JaredM showroom/headquarters office located at 463 7th Avenue, Rooms 800B, 801, 802 and 807, New York, NY 10018 from Arsenal Company, LLC c/o Adams and Company, LLC of 411 5th Avenue, 9th Floor, New York, NY. 10016.

As of December 1, 2006, CMRG leases and operates approximately 485 Casual Male XL stores and 25 Rochester Big and Tall stores. See attached schedule for leases of CMRG.


Exhibit 4.5

Locations, Leases and Landlords

 

STORE  

LOCATION

 

CENTER NAME

 

ADDRESS 1

 

ADDRESS 2

 

CITY, ST

  ZIP CODE
5000   SAN FRANCISCO, CA     700 MISSION STREET     SAN FRANCISCO, CA   94103
5001   SAN JOSE, CA     319 S. WINCHESTER BLVD     SAN JOSE, CA  
5003   FRESNO, CA   GALLERY PLAZA SHOPPING CENTER   350 E. SHAW AVENUE     FRESNO, CA   93710
5005   SAN MATEO, CA     3580-3590 EL CAMINO REAL     SAN MATEO, CA  
5008   BEVERLY HILLS, CA     9737 WILLSHIRE BLVD., SUITE 100-E     BEVERLY HILLS, CA  
5011   CHICAGO, IL     840 N. MICHIGAN AVENUE     CHICAGO, IL  
5012   BOSTON, MA     339 BOYLSTON STREET     BOSTON, MA   02116
5013   NEW YORK, NY     1301 AVENUE OF THE AMERICAS     NEW YORK, NY  
5014   DALLAS, TX     11661 PRESTON FOREST VILLAGE RD. STE 101     DALLAS, TX  
5015   ATLANTA, GA     3157 PEACHTREE ROAD     ATLANTA, GA  
5016   WASHINGTON, DC     1101 CONNECTICUT AVENUE NW     WASHINGTON, DC  
5017   DETROIT, MI   LATHRUP VILLAGE SHOPPING CTR.   26300 SOUTHFIELD ROAD     DETROIT, MI  
5018   LONDON, UK     90 BROMPTON ROAD     LONDON, UK   SW3 1ER
5020   HOUSTON, TX   UPTOWN COLLECTION   5393-A WESTHEIMER     HOUSTON, TX   77056
5022   COSTA MESA, CA     901-H SOUTH COAST DRIVE     COSTA MESA, CA  
5023   DENVER, CO     2770 E. 2ND AVENUE     DENVER, CO   80206
5025   MIAMI, FL   LOEHMANN'S FASHION ISLAND   BISCAYNE (US1) & NE 187TH STREET     MIAMI, FL  
5026   LAS VEGAS, NV     3910 S. MARYLAND PARKWAY     LAS VEGAS, NV   89119
5027   PHOENIX, AZ     3240 EAST CAMELBACK ROAD     PHOENIX, AZ   85018
5028   SEATTLE, WA     1801 5TH AVENUE     SEATTLE, WA  
5029   MANHASSET, NY     1625 NORTHERN BOULEVARD     MANHASSET, NY   11030
5031   NATICK, MA     1400 WORCESTER STREET     NATICK, MA   01760
5088   SAN FRANCISCO, CA     625 HOWARD STREET     SAN FRANCISCO, CA  
5101   WALNUT CREEK, CA     1337 NORTH MAIN STREET     WALNUT CREEK, CA  
5102   SACRAMENTO, CA     1740 ARDEN WAY   SUITE 2   SACRAMENTO, CA  
5103   BOCA RATON, FL   TOWNE PLAZA   2301 GLADES ROAD, BAY 700     BOCA RATON, FL   33431
5395   SAN FRANCISCO, CA -OFFICE     625 HOWARD STREET     SAN FRANCISCO, CA -OFFICE  
5401   CENTRAL VALLEY, NY   WOODBURY COMMON PREMIUM OUTLET   202 RED APPLE COURT     CENTRAL VALLEY, NY   10917
9052   OMAHA, NE   CLOCKTOWER SC   605 NORTH 98TH STREET     OMAHA, NE   68114
9053   OVERLAND PARK, KS     8721 METCALF AVENUE     OVERLAND PARK, KS   66212
9054   VERNON HILLS, IL     445 EAST TOWNLINE ROAD     VERNON HILLS, IL   60061
9055   COLUMBUS, OH   KENNY CENTRE   1113 KENNY CENTRE     COLUMBUS, OH   43220
9056   MEMPHIS, TN   EASTGATE SC   847 S. WHITE STATION ROAD     MEMPHIS, TN   38117
9058   RICHMOND HEIGHTS, MO     1026 SOUTH BRENTWOOD BLVD.     RICHMOND HEIGHTS, MO   63117
9059   SOUTHFIELD, MI     25000 SOUTHFIELD ROAD     SOUTHFIELD, MI   48075
9060   ALLEN PARK, MI   FAIRLANE GREEN SHOPPING CENTER   3480 FAIRLANE DRIVE     ALLEN PARK, MI   48101
9063   NOVI (DETROIT), MI   NOVI TOWN CENTER   43115 CRESCENT BLVD.     NOVI (DETROIT), MI   48375
9064   STERLING HEIGHTS, MI     13967 LAKESIDE CIRCLE     STERLING HEIGHTS, MI   48313
9066   TOTOWA, NJ     540 US HIGHWAY 46     TOTOWA, NJ   07512
9067   MENLO PARK, NJ     236 LAFAYETTE AVENUE     MENLO PARK, NJ   08837
9068   TAMPA, FL   SHOPPES OF CARROLLWOOD   14354 N. DALE MABRY HIGHWAY     TAMPA, FL   33618
9069   ORLANDO, FL   SKYVIEW PLAZA   7939 S. ORANGE BLOSSOM TRAIL     ORLANDO, FL   32809
9070   ROCKVILLE, MD     11503A ROCKVILLE PIKE     ROCKVILLE, MD   20852
9071   MESA, AZ   POCA FIESTA   1110 W. SOUTHERN AVE., #A18     MESA, AZ   85210
9072   MESQUITE, TX   MESQUITE CROSSING   1725 NORTH TOWN EAST BLVD., SUITE 205     MESQUITE, TX   75150
9073   PLANO, TX   COLLIN CREEK CROSSING   1025 N. CENTRAL EXPRESSWAY     PLANO, TX   75075
9074   HOUSTON, TX   I-10 GESSNER PLACE   1005 GESSNER     HOUSTON, TX   77055
9075   HOUSTON, TX   SHARPSTOWN PLAZA   7115 SOUTHWEST FREEWAY     HOUSTON, TX   77074
9076   ARLINGTON, TX   ARLINGTON TOWNE CENTER   4100 S. COOPER STREET     ARLINGTON, TX   76015
9080   ESCONDIDO, CA   PLAZA LAS PALMAS   1004 WEST VALLEY PARKWAY #23     ESCONDIDO, CA   92025
9081   GLENDALE, CA     340 N. GLENDALE AVENUE, #340     GLENDALE, CA   91206
9082   NORTHRIDGE, CA   NORDHOFF PLAZA   19422 NORDHOFF STREET     NORTHRIDGE, CA   91324
9083   SAN ANTONIO, TX   HUEBNER OAKS SC   11075 IH-10 WEST SUITE 302     SAN ANTONIO, TX   78230
9084   COLUMBIA, MD   THE MALL IN COLUMBIA   10300 LITTLE PATUXENT PKWY, SPACE #1870     COLUMBIA, MD   21044
9102   EAST HAVEN, CT     96 FRONTAGE ROAD     EAST HAVEN, CT   06512-
9103   FAIRFIELD, CT   FAIRFIELD WOODS PLAZA   2367 BLACK ROCK TURNPIKE     FAIRFIELD, CT   06825-
9105   WARWICK, RI     800 BALD HILL ROAD     WARWICK, RI   02893
9106   ALEXANDRIA, VA   PLAZA AT LANDMARK   6222 LITTLE RIVER TURNPIKE     ALEXANDRIA, VA   22312-
9108   LATHRUP VILLAGE, MI   LATHRUP VILLAGE SHOPPING CTR.   26740 SOUTHFIELD ROAD     LATHRUP VILLAGE, MI   48076-
9112   NORTH DARTMOUTH, MA   K MART SHOPPING CENTER   FAUNCE CORNER ROAD     NORTH DARTMOUTH, MA   02747-
9114   OKLAHOMA CITY, OK   WALNUT SQUARE SHOPPING CENTER   2209 S.W. 74TH ST., SUITE 318     OKLAHOMA CITY, OK   73159-
9117   TYNGSBORO, MA   TJ MAXX PLAZA   440 MIDDLESEX ROAD     TYNGSBORO, MA   01879-1021
9119   HOMETOWN, IL   FOUR CITIES PLAZA   8735 SOUTH CICERO AVE     HOMETOWN, IL   60456-1018
9120   OAKBROOK TERRACE, IL   JRC PLAZA WEST   17 W. 480 22ND ST.     OAKBROOK TERRACE, IL   60181
9121   PHILADELPHIA, PA     2715 S. FRONT STREET #6     PHILADELPHIA, PA   19148-
9123   HAMPTON, VA   RIVERDALE CENTER SHOPPING CEN.   1044 W. MERCURY BLVD.     HAMPTON, VA   23666-
9124   WETHERSFIELD, CT     1138 SILAS DEANE HIGHWAY     WETHERSFIELD, CT   16109-
9127   GREENWOOD, IN   GREENWOOD SHOPPES SHOPPING CTR   884 NORTH U.S. 31     GREENWOOD, IN   46142-
9131   TONAWANDA, NY   MARVIN GARDENS PLAZA   1228-1230 NIAGARA FALLS BLVD.     TONAWANDA, NY   14150-
9133   CHARLOTTE, NC     5030 EAST INDEPENDENCE BLVD     CHARLOTTE, NC   28212
9137   COLUMBIA, SC   THE OUTLET POINT   125 OUTLET POINT BLVD     COLUMBIA, SC   29210-
9139   CHARLESTON, SC   NORTH RIVERS MARKET SUITE 1440   7800 RIVERS AVENUE   SUITE 1440   CHARLESTON, SC   29406-4016
9142   HANOVER, MA   HANOVER SHOPPING CENTER   1410 WASHINGTON STREET     HANOVER, MA   02339-
9144   WEST SPRINGFIELD, MA   CENTURY PLAZA   223-227 MEMORIAL AVENUE     WEST SPRINGFIELD, MA   01089-
9147   BURLINGTON, NC   BURLINGTON MANUFACTURER OUTLET   2397 CORPORATION PARKWAY     BURLINGTON, NC   27215-
9149   ALBANY, NY   WOLF ROAD SHOPPERS PARK   110 WOLF ROAD     ALBANY, NY   12205-
9152   MYRTLE BEACH, SC   TANGER OUTLET CENTER   4630 FACTORY STORES BLVD   SUITE A-105   MYRTLE BEACH, SC   29579
9155   OKLAHOMA CITY, OK   PENN SQUARE   3617 NORTHWEST EXPRESSWAY     OKLAHOMA CITY, OK   73132-
9157   NASHVILLE, TN   RIVERGATE SQUARE   1596 GALLATIN PIKE NORTH     NASHVILLE, TN   37115-
9159   WOODBRIDGE, VA   SMOKETOWN STATION   13289 WORTH AVENUE     WOODBRIDGE, VA   22192
9160   DEDHAM, MA*     735 PROVIDENCE HIGHWAY     DEDHAM, MA*   02026-
9161   SAUGUS, MA     87 BROADWAY     SAUGUS, MA   01906-
9165   IRVING, TX   GRANDE SHOPPING CENTER   2608 NORTH BELTLINE ROAD     IRVING, TX   75062-
9166   NIAGARA FALLS, NY   NIAGARA FACTORY OUTLET MALL   1900 MILITARY ROAD     NIAGARA FALLS, NY   14302
9168   GROTON, CT   GROTON FASHION PLAZA   984 POQUONNOCK RD., ROUTE 12     GROTON, CT   06340-
9171   MERRILLVILLE, IN   THE CROSSINGS AT HOBART, IN   2217A EAST 80TH AVENUE     MERRILLVILLE, IN   46410-
9172   ORLANDO, FL   SHOPPES OF INTERNATIONALE PL   5728 INTERNATIONAL DR.     ORLANDO, FL   32819
9174   HENRIETTA, NY   SOUTHTOWN PLAZA   3333 WEST HENRIETTA ROAD     HENRIETTA, NY   14623
9175   MILFORD, CT     1501 BOSTON POST ROAD     MILFORD, CT   06460
9176   GREENSBORO, NC   ED KELLY PLAZA   3806-A HIGH POINT RD., SPACE G     GREENSBORO, NC   27407-
9177   INDIANAPOLIS, IN   LAFAYETTE SHOPPES   4664 WEST 38TH STREET     INDIANAPOLIS, IN   46254-
9178   NORFOLK, VA   VIRGINIA BEACH BLVD SHOPPES   6109 E. VIRGINIA BEACH BLVD., SUITE C     NORFOLK, VA   23502-
9180   PARAMUS, NJ*     443 ROUTE 17 SOUTH     PARAMUS, NJ*   07652-
9181   BALTIMORE, MD   MONTGOMERY WARD PLAZA   6217 BALTIMORE NATIONAL PIKE     BALTIMORE, MD   21228-
9182   NORRIDGE, IL   GAP SHOPPING CENTER   4151 NO. HARLEM AVE.     NORRIDGE, IL   60656-
9183   NILES, IL     9517 NO. MILWAUKEE AVE.     NILES, IL   60714
9184   REDFORD TOWNSHIP, MI     9189 TELEGRAPH ROAD     REDFORD TOWNSHIP, MI   48239-
9185   MEDFORD, MA   FELLSWAY SHOPPING PLAZA   686 FELLS WAY     MEDFORD, MA   02155-
9186   UNION, NJ     2456 U.S. HIGHWAY 22     UNION, NJ   07083-
9187   ROSEVILLE, MN   ROSEWOOD SC   2195B SNELLING AVENUE SOUTH     ROSEVILLE, MN   55113
9188   LIGHTFOOT, VA   WILLIAMSBURG OUTLET MALL   8000 RICHMOND ROAD     LIGHTFOOT, VA   23090-
9190   GREENFIELD, WI   KOPP SHOPPING CENTER   4751 SOUTH 76TH STREET     GREENFIELD, WI   53220-
9191   SALEM, NH     346 SO. BROADWAY     SALEM, NH   03079-
STORE  

LANDLORD

 

ADDRESS 1

 

ADDRESS 2

 

CITY

 

STATE

  ZIP CODE
5000   706 MISSION STREET CO LLC   JMA VENTURES   731 MARKET STREET SUITE 520   SAN FRANCISCO   CALIFORNIA   94103
5001   MOSCOVITZ PROPERTIES   C/O ROBERT L SOCKOLOV, WASHINGTON TOWERS   611 WASHINGTON ST., #2602   SAN FRANCISCO   CALIFORNIA   94111
5003   BYER PROPERTIES, LP   66 POTRERO AVENUE     SAN FRANCISCO   CALIFORNIA   94103
5005   BOHANNON TRUSTS PARTNERSHIP II (BTPII)   60 31ST AVENUE     SAN MATEO   CALIFORNIA   94403
5008   BEVERLY HILLS GATEWAY, LP   OFFICE OF THE BUILDING   9777 WILSHIRE BLVD SUITE 815   BEVERLY HILLS   CALIFORNIA   90212
5011   BOSTON BOOKS, INC.   WH SMITH US TRAVEL RETAIL C/O   600 GALLERIA PARKWAY, SUITE 1900   ATLANTA   GEORGIA   30339
5012   SPAULDING AND SLYE LLC   ROCKWOOD/ABBEY FEE LLC-339 BOYLSTON ST   ONE ROGERS STREET   CAMBRIDGE   MASSACHUSETTS   02142
5013   1301 PROPERTIES, LLC   2 NORTH RIVERSIDE PLAZA   SUITE 2100   CHICAGO   ILLINOIS   60606
5014   PFV/REALTY III, L.P.   ASSET MANAGER-PRESTON FOREST VILLAGE   2100 McKINNEY AVE, SUITE 700   DALLAS   TEXAS   75205
5015   GEORGE E. MAYER & PHILIP OSBOURNE   PO BOX 2006     HIGHLANDS   NORTH CAROLINA   28741
5016   PENZANCE 1101 CONNECTICUT, LLC   3333 K STREET, NW   SUITE 405   WASHINGTON   DC   20007
5017   26300 INVESTMENTS LP   MMA MANAGEMENT CO   23775 NORTHWESTERN HIGHWAY   SOUTHFIELD   MICHIGAN   48075
5018   GOLFRATE KNIGHTSBRIDGE LIMITED   125 HIGH STREET   15TH FLOOR, THE TOWER   LONDON   UK   SW19 2JR
5020   UPTOWN JOINT VENTURE   105 TOWN CENTER ROAD   PO BOX 60851   KING OF PRUSSIA   PENNSYLVANIA   19406-2394
5022   METRO POINTE RETAIL ASSOCIATES II   COMMERCIAL RETAIL DEPT   949 SOUTH COAST DRIVE SUITE 600   COSTA MESA   CALIFORNIA   92626
5023   LEVENTHAL INVESTMENT CO INC     PO BOX 6165   DENVER   COLORADO   80206
5025   PRUDENTIAL INSURANCE CO. OF AMERICA   SEC COMMERCIAL REALTY GROUP, INC   7050 W. PALMETTO PARK RD. STE #51   BOCA RATON   FLORIDA   33433
5026   INLAND SOUTHWEST MANAGEMENT LLC   3150 N. ARIZONA AVE   SUITE 105   CHANDLER   ARIZONA   85225
5027   DNS, LLC   3240 EAST CAMELBACK ROAD     PHOENIX   ARIZONA   85018
5028   TIMES SQUARE BUILDING LLC   VANCE CORP   1809 7TH AVE., SUITE 300   SEATTLE   WASHINGTON   98101-1313
5029   G&M BAHAR CORP   11 BRIGHTON ROAD SOUTH     MANHASSET   NEW YORK   11030
5031   NATICK ASSOCIATES, LLC   39 BRIGHTON AVE     ALLSTON   MASSACHUSETTS   02134
5088   HOWARD-HAWTHORNE CENTER   TRANSWESTERN COMMERCIAL SERVICES   631 HOWARD ST. SUITE 108   SAN FRANCISCO   CALIFORNIA   94105
5101   STOW PARTNERS   MAJORIE FREDERICKS   16 PARK AVE   WALNUT CREEK   CALIFORNIA   94595
5102   ARDEN PLAZA ASSOCIATES   J.A. COLLINS PROPERTIES, INC   720 HOWE AVENUE SUITE 103   SACRAMENTO   CALIFORNIA   95825
5103   GLADES-BUTTS ASSOCIATES, LTD   SCHMIER & FEURRING PROPERTIES, INC. C/O   7777 GLADES ROAD, SUITE 310   BOCA RATON   FLORIDA   33434
5395   HOWARD-HAWTHORNE CENTER   TRANSWESTERN COMMERCIAL SERVICES   631 HOWARD ST. SUITE 108   SAN FRANCISCO   CALIFORNIA   94105
5401   CPG PARTNERS, LP   CHELSEA PROPERTY GROUP, INC   105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9052   LUND COMPANY   120 REGENCY PARKWAY   SUITE 116   OMAHA   NEBRASKA   68114
9053   METCALF 87 ASSOCAITES, LLC   MARKS, NELSON, VOHLAND & CAMPBELL   7701 COLLEGE BLVD., SUITE 150   OVERLAND PARK   KANSAS   66210
9054   TERRACO INC   8707 N. SKOKIE BLVD   STE 230   SKOKIE   ILLINOIS   60077
9055   SCHOTTENSTEIN MGMT. CO.   1798 FREBIS AVENUE     COLUMBUS   OHIO   43206
9056   UNION REALTY COMPANY   BELZ ENTERPRISES   100 PEABODY PLACE SUITE 1400   MEMPHIS   TENNESSEE   38103
9058   WAGNER ENTERPRISES, LLC     4604 SE 20TH PL   CAPE CORAL   FLORIDA   33904
9059   PLATINUM ASSOCIATES, L.L.C.   VELICK PROPERTIES, INC. C/O   30701 W. TEN MILE ROAD #500   FARMINGTON HILLS   MICHIGAN   48336
9060   W2001 ALN REALTY, LLC   ARCHON GROUP, LP   600 EAST LAS COLINAS BLVD, SUITE 400   IRVING   TEXAS   75039
9063   MADISON MARQUETTE REALTY SERVICES   ATTN: RACHEL OWENS   26045 TOWN CENTER DRIVE   NOVI   MICHIGAN   48375
9064   LAKE BELLAIRE, LLC   MICHIGAN PROPERTY GROUP   34355 GLOUSTER CIRCLE   FARMINGTON HILLS   MICHIGAN   48331
9066   ABLAR CO.   1400 SOUTH OCEAN BLVD   SUITE 1205   BOCA RATON   FLORIDA   33432
9067   MILLED FAMILY LIMITED PARTNERSHIP   499 ERNSTON ROAD   PO BOX 741   PARLIN   NEW JERSEY   08859
9068   IDEAL MANAGEMENT COMPANY     12602 NORTH KENDALL DRIVE   MIAMI   FLORIDA   33186
9069   INLAND SOUTHEAST PROPERTY MANAGEMENT CORP   750 SOUTH ORLANDO AVENUE   SUITE 201   WINTER PARK   FLORIDA   32789
9070   BLUM FRANK & KAMINS CO., INC.   7200 WISCONSIN AVENUE   SUITE 1100   BETHESDA   MARYLAND   20814
9071   KIMCO REALTY CORPORATION   3333 NEW HYDE PARK ROAD, SUITE 100   PO BOX 5020   NEW HYDE PARK   NEW YORK   11042-0020
9072   MESQUITE EMPORIUM, LP   QUINE & ASSOCIATES, INC   PO BOX 833009   RICHARDSON   TEXAS   75083-3009
9073   RREEF MANAGEMENT COMPANY   1406 HALSEY WAY   SUITE 110   CARROLLTON   TEXAS   75007
9074   GESSNER PLACE - MNC SPRING SHADOWS, LP   AND MNC MEMORIAL CITY TERRACE, LP   820 GESSNER, SUITE 1800   HOUSTON   TEXAS   77024
9075   SHARPSTOWN PLAZA, LTD.   C/O WHITTFIELD APARTMENTS   12751 WHITTINGTON DRIVE #109   HOUSTON   TEXAS   77077
9076   GRAVLEE COMMERCIAL   8080 N. CENTRAL EXPRESSWAY   SUITE 860   DALLAS   TEXAS   75206
9080   MC STRAUSS COMPANY   990 HIGHLAND DRIVE #200     SOLANA BEACH   CALIFORNIA   92075
9081   NOAH N. SHAPIRO & JEAN R. SHAPIRO   12823 COLLINS STREET     VALLEY VILLAGE   CALIFORNIA   91607
9082   LANDMARK EQUITY MANAGEMENT, INC   16005 SHERMAN WAY   SUITE 211   VAN NUYS   CALIFORNIA   91406
9083   INLAND SOUTHWEST MANAGEMENT LLC     2901 BUTTERFIELD ROAD   OAK BROOK   ILLINOIS   60523
9084   GENERAL GROWTH PROPERTIES, INC   COLUMBIA REGIONAL OFFICE/LAW/LEASING   10275 LITTLE PATUXENT PARKWAY   COLUMBIA   MARYLAND   21044
9102   ROBERT D. HARTMANN SR.   HARLEY ASSOCIATES, LTD-C/O   50 EVENINGSIDE DR.   MILFORD   CONNECTICUT   06460
9103   FAIRFIELD WOODS PLAZA   TURNPIKE PROPERTIES-C/O   2181 BLACK ROCK TURNPIKE   FAIRFIELD   CONNECTICUT   06825
9105   AIRPOST ASSOCIATES, LLC     35 SOCKANOSSET CROSS RD   CRANSTON   RHODE ISLAND   02920
9106   URBAN RETAIL PROPERTIES CO.   LANDMARK PLAZA   3222 M ST NW, SUITE 140   WASHINGTON   DC   20007-3621
9108   SURNOW COMPANY c/o   REAL ESTATE INVESTORS DEVELOP.   7115 ORCHARD LAKE RD, STE 220   WEST BLOOMFIELD   MICHIGAN   48322
9112   R&D MANAGEMENT CORPORATION     810 SEVENTH AVE 28TH FLOOR   NEW YORK   NEW YORK   10019
9114   WALNUT SQUARE SHOPPING CENTER LLC   C/O PRICE EDWARDS & COMPANY   210 PARK AVE, STE 1000   OKLAHOMA CITY   OKLAHOMA   73102
9117   TYN LIMITED PARTNERSHIP   STAVINS & AXELROD PROPERTIES, INC   1730 RHODE ISLAND AVE NW STE 909   WASHINGTON   DC   20036
9119   TANSEY REALTY COMPANY     75-933 HIONA STREET   HOLUALOA   HAWAII   96725
9120   JOHN R. CALFA   2 MID AMERICA PLAZA, SUITE 722   ROUTE 83 &22ND ST   OAKBROOK TERRACE   ILLINOIS   60181
9121   SOUTH PHILLY PLAZA ASSOCIATES   GOODMAN PROPERTIES   636 OLD YORK ROAD, 2ND FL   JENKINTOWN   PENNSYLVANIA   19046
9123   RIVERDALE PLAZA SC LLC   RIVERDALE MANAGEMENT CO   2013 CUNNINGHAM DR., SUITE 301   HAMPTON   VIRGINIA   23666
9124   POST PLAZA ASSOCIATES   FIELD BROTHERS-C/O   101 MERRITT BLVD, SUITE 101   TRUMBULL   CONNECTICUT   06611
9127   GREENWOOD ASSOCIATES   SKINNER&BROADBENT CO, INC THE   201 N ILLINOIS ST, 23 FL   INDIANAPOLIS   INDIANA   46204-1901
9131   MARVIN GARDENS PLAZA   MJ PETERSON REAL ESTATE   501 JOHN JAMES AUDUBON PARKWAY   WEST AMHERST   NEW YORK   14228
9133   DUAL CAROLINA OF CHARLOTTE, INC   1309 E. JACKSON STREET     DILLON   SOUTH CAROLINA   29536
9137   ATLANTIC INTERNATIONAL INC   PO BOX 60610   3506 WEST MONTAGUE AVE, STE 200   CHARLESTON   SOUTH CAROLINA   29418
9139   KIMCO NORTH RIVERS 692, INC   3333 NEW HYDE PARK ROAD   PO BOX 5020   NEW HYDE PARK   NEW YORK   11042-0020
9142   SHER-ZALL FAMILIES TRUST c/o   MARTIN E. SHER   220 BOYLSTON ST, STE 204   CHESTNUT HILL   MASSACHUSETTS   02167
9144   CIC REALTY TRUST     73 STATE STREET   SPRINGFIELD   MASSACHUSETTS   01103
9147   LaSALLE BANK N.A. AS TRUSTEE   COLLETTT MANAGEMENT, LLC   PO BOX 36799   CHARLOTTE   NORTH CAROLINA   28236-6799
9149   WILLARD ANDERSON PROPERTIES     125 WOLF ROAD   ALBANY   NEW YORK   12205
9152   COROC/MYRTLE BEACH LLC   LEASE ID#002685   3200 NORTHLINE AVE, SUITE 360   GREENSBORO   NORTH CAROLINA   27408
9155   CIRCUIT CITY STORES, INC     9950 MAYLAND DRIVE   RICHMOND   VIRGINIA   23233-1464
9157   RIVERGATE SQUARE STATION INC   ATTN: R. MARK ADDY ESQ.   11690 GROOMS ROAD   CINCINNATI   OHIO   45242
9159   KIMCO REALTY CORP   170 W. RIDGELY ROAD SUITE 210   PO BOX 5678   LUTHERVILLE   MARYLAND   21093
9160   FEDERAL REALTY INVESTMENT TRUST   ATTN: LEGAL DEPARTMENT   1626 EAST JEFFERSON STREET   ROCKVILLE   MARYLAND   20852-4041
9161   FRANCES KEENAN     4 EAST HUCKLEBERRY ROAD   LYNNFIELD   MASSACHUSETTS   01940
9165   BELTLINE AND GRANDE, LTD. D/B/A GRANDE   ACCT#: 1760-160-1   3102 MAPLE - SUITE 500   DALLAS   TEXAS   75201
9166   FASHION OUTLETS OF NIAGARA, LLC   TALISMAN NIAGARA PROPERTIES CORP   4000 PONCE DE LEON BLVD   CORAL GABLES   FLORIDA   33146
9168   SYRAWEISS REALTY LLC, c/o   WEICORP., INC.   P.O. BOX 577   GALES FERRY   CONNECTICUT   06335
9171   JUBILEE LP   SCHOTTENSTEIN MANAGEMENT CO   1798 FREBIS AVENUE   COLUMBUS   OHIO   43206-0410
9172   SHOPPES AT INTERNATIONAL PLACE, LLC   SAFEWAY GROUP, INC   6961 PEACHTREE INDUSTRIAL BLVD, STE 101   NORCROSS   GEORGIA   30092
9174   SOUTHTOWN PLAZA ASSOCIATES     2975 BRIGHTON-HENRIETTA TOWN L   ROCHESTER   NEW YORK   14623
9175   SHEMITZ ASSOCIATES   598 PROSPECT STREET     NEW HAVEN   CONNECTICUT   06511
9176   SOUTHWIND PROPERTIES, INC.     5045 C-ELTHA DRIVE   WINSTON-SALEM   NORTH CAROLINA   27105
9177   LAFAYETTE ASSOCIATES   THE SKINNER&BROADBENT CO, INC   201 N ILLINOIS ST, 23RD FL   INDIANAPOLIS   INDIANA   46204-1901
9178   SHEPHERD INVESTMENTS, LLC     PO BOX 11391   NORFOLK   VIRGINIA   23517
9180   ROBERT WELLS     19 SCARSDALE FARM ROAD   SCARSDALE   NEW YORK   10583
9181   GIANT OF MARYLAND   P.O. BOX 55888     BOSTON   MASSACHUSETTS   02205
9182   LASALLE NATIONAL TRUST, N.A. c/o   IRVING HARLEM MGMT. CO.   P.O. BOX 407   DEERFIELD   ILLINOIS   60015
9183   AMERICAN NAT'L BANK, AS TRUSTEE   MARIA KARAS-C/O   732 HUNTER ROAD   GLENVIEW   ILLINOIS   60025
9184   BRADLEY OPERATING LP   HERITAGE REALTY MANAGEMENT, INC   131 DARTMOUTH STREET   BOSTON   MASSACHUSETTS   02116-5134
9185   FELLSWAY PLAZA LIMITED PARTNERSHIP   BERENSON ASSOCIATES, INC   ONE EXETER PLAZA 10TH FLOOR   BOSTON   MASSACHUSETTS   02116
9186   ISLAND HOME CENTER   C/O JAMES NOSTE   P. O. BOX 1536   UNION   NEW JERSEY   07083-1536
9187   MARCO PROPERTIES   80 MINNESOTA AVENUE     LITTLE CANADA   MINNESOTA   55117
9188   6401 RICHMOND ROAD LLLP   W.H.H.TRICE & CO   4029 IRONBOUND ROAD, SUITE 300   WILLIAMSBURG   VIRGINIA   23188
9190   KARL KOPP KOHART, INC. c/o   ELSA'S ON THE PARK   833 NORTH JEFFERSON STREET   MILWAUKEE   WISCONSIN   53202
9191   DOROTHY M. DI ORIO     24 GORDAN MOUNTAIN ROAD   WINDHAM   NEW HAMPSHIRE   03087


Exhibit 4.5

Locations, Leases and Landlords

 

 

STORE  

LOCATION

 

CENTER NAME

 

ADDRESS 1

 

ADDRESS 2

 

CITY, ST

 

ZIP CODE

9193   CENTEREACH, NY     2049 MIDDLE COUNTRY RD.     CENTEREACH, NY   11720-
9194   BROOKFIELD, WI   BROWNSTONES SHOPPING CENTER   17430-17680 W. BLUEMOUND ROAD, #11     BROOKFIELD, WI   53005
9195   ST. ANN, MO     3535 N. LINDBERGH AVE.     ST. ANN, MO   63074-
9196   MAPLEWOOD, MN   TOWN CENTER OF MAPLEWOOD   1845 COUNTY ROAD D     MAPLEWOOD, MN   55109-
9197   BURLINGTON, MA   BURLINGTON CROSS ROADS   34 CAMBRIDGE STREET, SPACE #9     BURLINGTON, MA   01803-
9199   TOMS RIVER, NJ   BEY LEA PLAZA   HOOPER AVENUE     TOMS RIVER, NJ   08753
9200   CHICAGO, IL   ADDISON MALL   2949 WEST ADDISON STREET     CHICAGO, IL   60618-
9201   RICHFIELD, MN   RICHFIELD SHOPPES SOUTH   6601 NICOLLET AVENUE SOUTH     RICHFIELD, MN   55423-
9202   PLEASANT PRAIRIE, WI   PRIME OUTLETS AT PLEASANT PRAIRIE   11601 108 STREET, SUITE 528     PLEASANT PRAIRIE, WI   53158
9204   NANUET, NY   ROCKLAND SHOPPING CENTER   23 ROCKLAND CENTER     NANUET, NY   10954-
9205   MISHAWAKA, IN   INDIAN RIDGE PLAZA   5776 GRAPE ROAD     MISHAWAKA, IN   46545-
9206   WESTLAND, MI   WESTWAY PLAZA   35592 WEST WARREN ROAD     WESTLAND, MI   48185-
9207   YONKERS, NY     2369 CENTRAL PARK AVENUE     YONKERS, NY   10710-
9208   ANN ARBOR, MI     3576 WASHTENAW AVE., SUITE B     ANN ARBOR, MI   48104-
9209   PONTIAC, MI     9 NORTH TELEGRAPH ROAD     PONTIAC, MI   48328
9210   EVERGREEN PARK, IL   EVERGREEN PARK COMMONS   2637 WEST 95TH STREET     EVERGREEN PARK, IL   60642-
9211   BROOKLYN, NY     2435 FLATBUSH AVENUE     BROOKLYN, NY   11234-
9213   LANGHORNE, PA   OUTLET AT OXFORD VALLEY   EAST LINCOLN HWY, U.S. RTE. 1     LANGHORNE, PA   19047-
9214   MADISON HEIGHTS, MI   MADISON SHOPPING CENTER   100 WEST 12 MILE ROAD     MADISON HEIGHTS, MI   48071-2416
9217   COLUMBUS, OH   SANCUS RETAIL CENTER   1154 POLARIS PARKWAY     COLUMBUS, OH   43240
9220   NORTH OLMSTEAD, OH     25180 LORAIN ROAD     NORTH OLMSTEAD, OH   44070
9221   ANTIOCH, TN     5295 HICKORY HOLLOW PARKWAY     ANTIOCH, TN   37013
9223   WICHITA, KS   EASTGATE PLAZA   8303 EAST KELLOGG DRIVE     WICHITA, KS   67207
9224   SAGINAW, MI     4434 BAY ROAD     SAGINAW, MI   48603
9225   GLEN BURNIE, MD   CHESAPEAKE SQ. SHOPPING CTR.   6710 GOVERNOR RITCHIE HIGHWAY     GLEN BURNIE, MD   21061-2319
9227   SOUTHGATE, MI     18700 EUREKA ROAD     SOUTHGATE, MI   48195-
9229   LINCOLN, NE   REDWING PLAZA   101 SOUTH 48TH STREET   SUITE 4   LINCOLN, NE   68510-
9232   CANTON, OH   BELDEN WHIPPLE CENTER   5106 - 5108 WHIPPLE N.W.     CANTON, OH   44718-
9235   FLINT, MI     G4365 MILLER ROAD     FLINT, MI   48507-
9236   SPRINGFIELD TOWNSHIP, PA     220 BALTIMORE PIKE     SPRINGFIELD TOWNSHIP, PA   19064
9237   COLUMBUS, OH   EASTLAND SHOPPING CENTER   2577 SO. HAMILTON ROAD     COLUMBUS, OH   43232-
9241   GREENBELT, MD   GREENWAY CENTER   7565 GREENBELT RD.     GREENBELT, MD   20770
9242   LAKE GEORGE, NY   DUNHAM FOOTWEAR OUTLET CENTER   R1492 Rte. 9     LAKE GEORGE, NY   12845-9735
9247   WEST ST. PAUL, MN     1733 S. ROBERTS STREET     WEST ST. PAUL, MN   55118-
9250   FAIRVIEW HEIGHTS, IL   LINCOLN HIGHWAY   319 LINCOLN HWY.     FAIRVIEW HEIGHTS, IL   62208
9251   PIGEON FORGE, TN   BELZ FACTORY OUTLET MALL   2655 TEASTER LANE     PIGEON FORGE, TN   37863-
9252   OMAHA, NE   CROSSROADS PLAZA SC   76TH & DODGE     OMAHA, NE   68114
9254   JOLIET, IL   LARKIN AVENUE   1359 N. LARKIN ST.     JOLIET, IL   60435
9256   LAWRENCE TOWNSHIP, NJ     3256 BRUNSWICK PIKE - ROUTE 1     LAWRENCE TOWNSHIP, NJ   08648
9257   NORTH RANDALL, OH     4755 NORTHFIELD ROAD     NORTH RANDALL, OH   44128-
9258   TOLEDO, OH   MONROE STREET PLAZA   5212 MONROE STREET     TOLEDO, OH   43623
9260   ERIE, PA   MILLCREEK SQUARE   7 MILLCREEK SQUARE     ERIE, PA   16565-
9266   LAKELAND, TN   MEMPHIS FACTORY OUTLET MALL   3536 CANADA ROAD     LAKELAND, TN   38002-9723
9267   INDIANAPOLIS, IN   WASHINGTON SHOPPES   10027 E. WASHINGTON STREET     INDIANAPOLIS, IN   46229-
9270   BLOOMINGTON, IL   LAKEWOOD PLAZA   1407 N. VETERAN'S PARKWAY     BLOOMINGTON, IL   61704-
9271   MATTESON, IL   ROSE PLAZA   4744 W. LINCOLN HWY.     MATTESON, IL   60443
9272   KITTERY, ME   THE OUTLET MALL OF KITTERY   LITCHFIELD ROAD, SUITE 1     KITTERY, ME   03904-
9273   GRAND RAPIDS, MI   EAST PARIS SHOPPES   3931 28TH STREET S.E.     GRAND RAPIDS, MI   49512
9274   SPRINGFIELD, IL     2450 WABASH SPACE 101     SPRINGFIELD, IL   62704
9278   RICHMOND, VA     11003 MIDLOTHIAN TURNPIKE     RICHMOND, VA   23235
9280   PITTSBURGH, PA     4700 MCKNIGHT ROAD     PITTSBURGH, PA   15237
9286   HAMDEN, CT   PARKWAY PLAZA II   1819 DIXWELL AVENUE     HAMDEN, CT   06514
9290   PHILADELPHIA, PA   FRANKLIN MILLS   1441 FRANKLIN MILLS CIRCLE     PHILADELPHIA, PA   19154
9291   WILMINGTON, NC   UNIVERSITY COMMONS SHOP CENTER   351 S. COLLEGE RD, SPACE D-19     WILMINGTON, NC   28403-1617
9292   POUGHKEEPSIE, NY   SOUTH ROAD SQUARE   804 SOUTH ROAD SQUARE     POUGHKEEPSIE, NY   12601-
9293   AKRON, OH   CHAPEL HILL SQUARE   1950 BUCHOLZER BLVD.     AKRON, OH   44310
9298   DOVER, DE   ROUTE 13 AT DOVER DOWNS   1037 N. DUPONT HWY.     DOVER, DE   19901
9299   BLAINE, MN   NORTHCOURT COMMONS #13   670 COUNTY ROAD 10 NE     BLAINE, MN   55432-
9302   LITTLE ROCK, AR     1216 S. UNIVERSITY AVENUE     LITTLE ROCK, AR   72204-
9306   WILKES BARRE, PA   TRIANGLE PLAZA   677 H. KIDDER STREET     WILKES BARRE, PA   18702
9309   DES MOINES, IA   UNIVERSITY PARK   8801 UNIVERSITY AVENUE     DES MOINES, IA   50325
9311   MONROEVILLE, PA     3832 WILLIAM PENN HWY.     MONROEVILLE, PA   15146-
9312   DANBURY, CT   PATHMARK SHOPPING CENTER   100 NEWTON-DANBURY ROAD     DANBURY, CT   06810
9316   LANCASTER, PA   ROCKVALE SQUARE   35 SO. WILLOWDALE DR. BOX 807     LANCASTER, PA   17602-
9319   SIOUX FALLS, SD   GREENWAY MINI MALL   3500 W 41ST STREET     SIOUX FALLS, SD   57106-
9323   SMITHFIELD, NC   CAROLINA PREMIUM OUTLETS   2400 INDUSTRIAL PARK DRIVE SPACE 450     SMITHFIELD, NC   27577-
9324   FARGO, ND   T.J. MAXX CENTER   4340 13TH AVE. SW     FARGO, ND   58103-
9326   MELROSE PARK, IL   WINSTON PLAZA SHOPPING CENTER   1254 NORTH AVENUE     MELROSE PARK, IL   60160-1012
9327   ROSEVILLE, MI     30160 GRATIOT AVENUE     ROSEVILLE, MI   48066-
9330   CARLE PLACE, NY     160 GLEN COVE ROAD UNIT #1     CARLE PLACE, NY   11514-
9331   ST. LOUIS, MO     7328 S. LINDBERGH BLVD.     ST. LOUIS, MO   63125-
9333   ST. PETERS, MO     4083 VETERANS MEMORIAL PKWY     ST. PETERS, MO   63376
9334   LANSING, IL   THE LANDINGS OF LANSING   16819 TORRENCE AVENUE     LANSING, IL   60438-
9336   SOUTH PORTLAND, ME     220 MAIN MALL ROAD     SOUTH PORTLAND, ME   04106-
9339   PATCHOGUE, NY     449-56 SUNRISE HWY. BLDG. K     PATCHOGUE, NY   11772-
9340   DISTRICT HEIGHTS, MD   PENN STATION SHOPPING CENTER   5736 SILVER HILL RD.     DISTRICT HEIGHTS, MD   20747-
9343   PITTSBURGH, PA   ROBINSON COURT   6528 STEUBENVILLE PIKE     PITTSBURGH, PA   15205
9345   RIVERTON, NJ   CINNAMINSON SHOPPING CENTER   CINNAMINSON AVE. & U.S. RT.130     RIVERTON, NJ   08077-
9347   TULSA, OK     8228 E. 61ST ST., SUITE 101     TULSA, OK   74133-
9348   YORK, PA   MAPLE VILLAGE II   970 LOUCKS RD.     YORK, PA   17404
9349   EVANSVILLE, IN   EASTLAND SHOPPES SHOPPING CTR   1530 N. GREEN RIVER ROAD - BLDG. A     EVANSVILLE, IN   47715
9351   CHATTANOOGA, TN   BRAINARD PARK   5799 BRAINARD ROAD     CHATTANOOGA, TN   37411-
9354   BATTLE CREEK, MI   MINGES BROOK MALL   5568 BECKLEY ROAD     BATTLE CREEK, MI   49015-
9355   LAKE PARK, GA   LAKE PARK MILL STORE PLAZA   5265 MILL STORE ROAD-SUITE 30     LAKE PARK, GA   31636-
9356   HOUSTON, TX     6898 SOUTHWEST FREEWAY     HOUSTON, TX   77074-
9360   LANSING, MI   DELTA CENTER   5849 W. SAGINAW HWY.     LANSING, MI   48917-
9361   FORT WAYNE, IN   COLISEUM SHOPPES   501 COLISEUM BLVD. EAST     FORT WAYNE, IN   46805-
9363   BROOKLYN, NY     527 86TH STREET     BROOKLYN, NY   11209-
9365   HOUSTON, TX   THE COMMONS AT WILLOWBROOK   7592 FM 1960 WEST     HOUSTON, TX   77070
9366   HURST, TX   NORTHEAST SHOPPING CENTER   8704A AIRPORT FREEWAY     HURST, TX   76053-
9367   MASSAPEQUA, NY     5060A SUNRISE HWY.     MASSAPEQUA, NY   11762-
9368   COLUMBUS, OH   WEST BROAD CENTER   3659 W. BROAD STREET     COLUMBUS, OH   43228
9370   NORTH RIVERSIDE, IL   NORTH RIVERSIDE PLAZA   7341 25TH STREET     NORTH RIVERSIDE, IL   60546-
9371   DEPTFORD, NJ   DEPTFORD CROSSING SHOPPING CTR   CLEMENTS BRIDGE/ALMONESSON RD     DEPTFORD, NJ   60546
9373   GURNEE, IL   GURNEE MILLS   6170 WEST GRAND AVE.     GURNEE, IL   60031-
9374   BRONX, NY   BAY PLAZA SHOPPING CENTER   2094 BARTOW AVE. SPACE #2     BRONX, NY   10475-
9375   SPRINGDALE, OH   CASSINELLI SQUARE   129 E. KEMPER ROAD     SPRINGDALE, OH   45246-
9376   CINCINNATI, OH   KENWOOD CENTER   7324 KENWOOD ROAD     CINCINNATI, OH   45236
9377   INDIANAPOLIS, IN   CASTLETON SHOPPES   6024 EAST 82ND STREET     INDIANAPOLIS, IN   46250-
9378   BROWN DEER , WI     7817 W. BROWN DEER ROAD     BROWN DEER , WI   53223-
9379   SHREWSBURY, MA   WHITE CITY EAST SHOPPING CTR.   112 BOSTON TURNPIKE     SHREWSBURY, MA   01545
9380   WALDORF, MD   CONVENIENCE CENTER   3376 CRAIN HIGHWAY (ROUTE 301)     WALDORF, MD   20603
9381   LOUISVILLE, KY     7635 SHELBYVILLE ROAD     LOUISVILLE, KY   40222
9383   PHILADELPHIA, PA   ROOSEVELT MALL   2375 COTTMAN AVE.     PHILADELPHIA, PA   19149-
9384   MIAMISBURG, OH     7924 SPRINGBORO PIKE     MIAMISBURG, OH   45342-
9387   BOARDMAN, OH     926 BOARDMAN-POLAND RD.     BOARDMAN, OH   44512-
STORE  

LANDLORD

 

ADDRESS 1

 

ADDRESS 2

 

CITY

 

STATE

 

ZIP CODE

9193   FIVE M REALTY COMPANY     PO BOX 2213   ST JAMES   NEW YORK   11780
9194   BB&K/BROWNSTONES, INC   RREEF   3340 PEACHTREE ROAD, NE, SUITE 250   ATLANTA   GEORGIA   30305-1509
9195   LOREN LANDAU     365 LYONNAIS CT.   ST LOUIS   MISSOURI   63141
9196   KIMCO REALTY CORPORATION   3333 NEW HYDE PARK ROAD, SUITE 100   PO BOX 5020   NEW HYDE PARK   NEW YORK   11042-0020
9197   EDENS & AVANT INVESTMENTS, L.P.   LEGAL DEPT   PO BOX 528   COLUMBIA   SOUTH CAROLINA   29202
9199   MARX REALTY & IMPROVEMENT CO., INC.     708 THIRD AVENUE, 15TH FLOOR   NEW YORK   NEW YORK   10017-4146
9200   ADDISON MALL L.L.C.   FIRST AMERICAN MGMT INC.   3436 N. KENNICOTT, SUITE 100   ARLINGTON HEIGHTS   ILLINOIS   60004
9201   RICHFIELD SHOPPES, LLC   PARK MIDWEST COMMERCIAL REAL ESTATE   8085 WAYZATA BLVD SUITE 100   MINNEAPOLIS   MINNESOTA   55426
9202   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9204   ROCKLAND CENTER ASSOCIATES   AMERICAN CONTINENTAL PROP   400 PARK AVENUE   NEW YORK   NEW YORK   10022
9205   CHASE PROPERTIES LTD   25825 SCIENCE PARK DRIVE   SUITE 355   BEACHWOOD   OHIO   44122
9206   FINSILVER FRIEDMAN MANAGEMENT CORP.   34975 W. TWELVE MILE ROAD   SUITE 100   FARMINGTON HILLS   MICHIGAN   48331
9207   B.T.M.I. LTD   ELISABETH BRENHOUSE   1045 FIFTH AVE   NEW YORK   NEW YORK   10028
9208   RENKEN ASSOCIATES XVI LP     109 MILLER AVE   ANN ARBOR   MICHIGAN   48104
9209   LOUIS ELIAS     7402 CRACKLING CREEK CIRCLE   WEST BLOOMFIELD   MICHIGAN   48322-4587
9210   EVERGREEN PARTNERS, LLC     PO BOX 0323   NORTHBROOK   ILLINOIS   60065
9211   PRINCE PLAZA DEVELOPMENT CORPORATION   1001 AVE K     BROOKLYN   NEW YORK   11230
9213   SIMON PROPERTY GROUP   225 WEST WASHINGTON STREET     INDIANAPOLIS   INDIANA   46204
9214   ESSHAKI PROPERTIES, INC   WABEEK BUILDING   280 WEST MAPLE, SUITE 222   BIRMINGHAM   MICHIGAN   48009
9217   CASTO SANCUS RETAIL NORTH, INC   CASTO   191 WEST NATIONWIDE BLVD., SUITE 200   COLUMBUS   OHIO   43215
9220   B&G PROPERTIES LP   28815 AURORA ROAD     SOLON   OHIO   44139
9221   DEVELOPERS DIVERSIFIED REALTY CORPORATION   3300 ENTERPRISE PARKWAY   PO BOX 228042   BEACHWOOD   OHIO   44122
9223   DEVELOPERS DIVERSIFIED REALTY CORPORATION   3300 ENTERPRISE PARKWAY   PO BOX 228042   BEACHWOOD   OHIO   44122
9224   LYNN KIRK TRUSTEE   FOR PETER ANDREW KIRK   380 EL CIELTO ROAD   SANTA BARBARA   CALIFORNIA   93105
9225   FEDDER COMPANY   FEDDER MANAGEMENT CORP   10096 RED RUN BLVD. SUITE 300   OWINGS MILLS   MARYLAND   21117
9227   TREADWELL REAL ESTATE CO   417 EUREKA RD     WYANDOTTE   MICHIGAN   48192
9229   TAYLOR ENTERPRISES, INC.   BOX 5711 STATION C     LINCOLN   NEBRASKA   68505
9232   GUS & HELEN PETRAKIS   4130 50TH STREET, N.W.     CANTON   OHIO   44718
9235   MARVIN HEIDENRICH   900 CYPRESS GROVE DR.     POMPANO BEACH   FLORIDA   33069
9236   JEROME & RUTH ROSOFF   LANARD & AXILBUND-C/O   399 MARKET STREET   PHILADELPHIA   PENNSYLVANIA   19106-2183
9237   EASTLAND PLAZA LIMITED PARTNERSHIP   LANDMARK PROPERTIES GROUP   4848 ROUTE 8, UNIT 2   ALLISON PARK   PENNSYLVANIA   15101
9241   COMBINED PROPERTIES, INC   1255 22ND ST. NW, 6TH FLOOR   ATTN: LEGAL DEPARTMENT   WASHINGTON   DC   20037
9242   GORDON DEVELOPMENT CO, LLC     384 BROADWAY, 2ND FLOOR   ALBANY   NEW YORK   12207
9247   ANTHONY N. KRAFT RE PARTNERSHIP, LTD   2715 BISSONNET STREET   SUITE 212   HOUSTON   TEXAS   77005-1343
9250   KUNLUN PROPERTIES INC.   PO BOX 410170     ST. LOUIS   MISSOURI   63141-0170
9251   BELZ ENTERPRISES   TOWER AT PEABODY PLACE   100 PEABODY PLACE SUITE 1400   MEMPHIS   TENNESSEE   38103
9252   QUAPAW OMAHA LLC   PRIORITY PROPERTIES   1045 S.WOODS MILL RD., SUITE 1   TOWN & COUNTRY   MISSOURI   63017
9254   CREATIVITY CIRCLE, INC   MATANKY REALTY GROUP C/O   200 N. LaSALLE ST., SUITE 2350   CHICAGO   ILLINOIS   60601-1014
9256   LAWRENCE REALTY CO   ARTHUR ALLEN-C/O   2319 FIRST AVENUE, ROOM #206   SEATTLE   WASHINGTON   98121
9257   BERTRAM LEFKOWICH   C/O MOTOR COURT CO.   30195 CHAGRIN BLVD SUITE 102W   PEPPER PIKE   OHIO   44124
9258   DW 28 MONROE, LLC   5301 W. ALEXIS ROAD   OFFICE F-21   SYLVANIA   OHIO   43560
9260   MILLCREEK SQUARE CO   C/O BALDWIN BROTHERS, INC.   5 WEST TENTH STREET   ERIE   PENNSYLVANIA   16501
9266   LAKELAND STATION, LLC   GILAD DEVELOPMENT, INC. c/o   5959 TOPANGA CANYON BLVD,STE 285   WOODLAND HILLS   CALIFORNIA   91367
9267   WASHINGTON SHOPPES LTD   THE BROADBENT COMPANY   201 N ILLINOIS ST, 23RD FL   INDIANAPOLIS   INDIANA   46204-1901
9270   SSC LAKEWOOD PLAZA, LLC   191 W. NATIONWIDE BLVD   SUITE 200   COLUMBUS   OHIO   43215-2568
9271   EDGEMARK ASSET MANAGEMENT LLC   ROSE PLAZA   2215 YORK ROAD SUITE 503   OAKBROOK   ILLINOIS   60523
9272   BRADFORD REALTY TRUST   529 ROUTE 1   SUITE 101   YORK   MAINE   03909
9273   EAST PARIS SHOPPES   THE BROADBENT COMPANY   201 N ILLINOIS ST, 23RD FL   INDIANAPOLIS   INDIANA   46204-1901
9274   TROY COLLIDGE NO. 51, LLC   KMART CORP REF#3241 SPRINGFIELD, IL   3100 W. BIG BEAVER RD/VPRE   CHICAGO   ILLINOIS   60693
9278   11001 MIDLOTHIAN, LLC     15621 GENITO ROAD   AMELIA,   VIRGINIA   23002
9280   4700 McKNIGHT ASSOCIATES, LTD     PO BOX 99905   PITTSBURGH   PENNSYLVANIA   15233
9286   CW PARKWAY PLAZA LLC   CENTRO WATT - PLYMOUTH PLAZA   580 WEST GERMANTOWN PIKE STE 200   PLYMOUTH MEETING   PENNSYLVANIA   19462
9290   MILLS CORPORATION   1300 WILSON BLVD   SUITE 400   ARLINGTON   VIRGINIA   22209
9291   HERITAGE REALTY MANAGEMENT, INC     131 DARTMOUTH STREET   BOSTON   MASSACHUSETTS   02116-5134
9292   KEMPNER CORPORATION   257 MAMARONECK AVE     WHITE PLAINS   NEW YORK   10605
9293   EMMCO CORPORATION   3681 S. GREEN ROAD   SUITE 201   BEACHWOOD   OHIO   44122
9298   CW DOVER LLC   CENTRO WATT   580 WEST GERMANTOWN PIKE, STE 200   PLYMOUTH MEETING   PENNSYLVANIA   19462
9299   NORTHCOURT COMMONS RETAIL, LLC   KRAUS-ANDERSON REALTY CO   4210 WEST OLD SHAKOPEE ROAD   BLOOMINGTON   MINNESOTA   55437
9302   BOYLE REALTY CO     6705 WEST 12TH ST. #2   LITTLE ROCK   ARKANSAS   72204
9306   W.B. PROPERTIES, L.P.   FIRST CAPITAL REALTY, INC.   505 W GERMANTOWN PIKE, STE 200   PLYMOUTH MEETING   PENNSYLVANIA   19462-1303
9309   UNIVERSITY PARK IMPROVEMENT, LLC   DLC MANAGEMENT CORP   PO BOX 7053   YONKERS   NEW YORK   10710
9311   DDK REAL ESTATE PARTNERSHIP, LP   317 MAPLE AVE     PITTSBURGH   PENNSYLVANIA   15218
9312   DANBURY-NEWTOWN LLC   HB NITKIN GROUP C/O   ONE FAWCETT PLACE 2ND FL   GREENWICH   CONNECTICUT   06830
9316   PA OUTLET MANAGEMENT, LLC   ROCKVALE OUTLETS: ATTN. LEASE ADM   35 SO. WILLOWDALE DRIVE SUITE 127   LANCASTER   PENNSYLVANIA   17602
9319   NWE MANAGEMENT CO.   THE HEGG COMPANIES, C/O   1300 W. 57TH STREET   SIOUX FALLS   SOUTH DAKOTA   57108
9323   CPG FINANCE I LLC   CPG PARTNERS, LP   105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9324   HALLMARK VILLAGE APTS   SCHOTTENSTEIN MANAGEMENT CO   1798 FREBIS AVENUE   COLUMBUS   OHIO   43206
9326   MCCORMICK CITY-G, LLC     215 WEST CHURCH ROAD, STE 107   KING OF PRUSSIA   PENNSYLVANIA   19406
9327   GRIDIRON PROPERTIES COMPANY   370 EAST MAPLE ROAD   FOURTH FLOOR   BIRMINGHAM   MICHIGAN   48009
9330   MURRAY H. MILLER MANAGEMENT COMPANY   143 OLD COUNTRY ROAD     CARLE PLACE   NEW YORK   11514
9331   SOUTH LINDBERGH ASSOCIATES, LLC   ROBERT C. MEIER   1967 CHESTERFIELD RIDGE CIRCLE   CHESTERFIELD   MISSOURI   63017
9333   HOFGRIT, LC   727 CRAIG ROAD   SUITE 100   ST. LOUIS   MISSOURI   63141
9334   KFS LANDINGS LLC   JOSEPH FREED & ASSOCIATES LLC   220 N. SMITH ST., #300   PALATINE   ILLINOIS   60067
9336   GINN REAL ESTATE LLC     220 MAINE MALL ROAD   SOUTH PORTLAND   MAINE   04106
9339   PERGAMENT/FELDMAN REALTY, INC     1500 OLD NORTHERN BLVD   ROSLYN   NEW YORK   11576
9340   PENN STATION SC, LLC   THE RAPPAPORT COMPANIES   8405 GREENSBORO DRIVE, SUITE 830   McLEAN   VIRGINIA   22102-5121
9343   McROBIN, LTD & MOSITES FAMILY GST TRUST   d/b/a ROBINSON COURT   4839 CAMPBELL'S RUN ROAD   PITTSBURGH   PENNSYLVANIA   15205
9345   BECKER ASSOCIATES   111 PRESIDENTIAL BLVD.   SUITE 140   BALA CYNWYD   PENNSYLVANIA   19004
9347   DIXON REAL ESTATE COMPANY   4880 S. LEWIS   SUITE 200   TULSA   OKLAHOMA   74105
9348   BRANDYWINE CENTER LP   BENNETT WILLIAMS, INC-C/O   110 N GEORGE ST 4TH FLOOR   YORK   PENNSYLVANIA   17401
9349   PHILLIPS EDISON & CO   11690 GROOMS ROAD   ID#ELNDCASUAL   CINCINNATI   OHIO   45242
9351   RAINES GROUP, INC   1200 MOUNTAIN CREEK ROAD   SUITE 100   CHATTANOOGA   TENNESSEE   37405
9354   MINGES CREEK LLC   ROBERT SOSNICK C/O   ONE TOWN SQUARE, SUITE 1600   SOUTHFIELD   MICHIGAN   48076
9355   LAKE PARK PARTNERS, LLC   2970 PEACHTREE ROAD/SUITE 343   PO BOX 53483   ATLANTA   GEORGIA   30355
9356   PHCG INVESTMENTS   P.O. BOX 3141     HOUSTON   TEXAS   77253
9360   GALILEO DELTA CENTER, LLC   ERT AUSTRALIAN MANAGEMENT, LP   420 LEXINGTON AVE, 7TH FLOOR   NEW YORK   NEW YORK   10170
9361   COLISEUM SHOPPES, LP   THE BROADBENT COMPANY   201 N ILLINOIS ST, 23RD FL   INDIANAPOLIS   INDIANA   46204-1901
9363   DEVELOPERS REALTY CORP   CORPORATE CENTER WEST   433 SOUTH MAIN ST. SUITE 310   WEST HARTFORD   CONNECTICUT   06110
9365   COMMONS AT WILLOWBROOK, INC   8750 N. CENTRAL EXPRESSWAY   SUITE 800   DALLAS   TEXAS   75231-6437
9366   B.G. RENTALS LLC   3811 FOX GLEN   PO BOX 140426   IRVING   TEXAS   75014-0426
9367   FOLKSAN REALTY ASSOCIATES   JEFFREY MANAGEMENT CORP-C/O   7 PENN PLAZA, SUITE 618   NEW YORK   NEW YORK   10010
9368   LBR LP, DBA   WEST BROAD CENTER   3016 MARYLAND AVE   COLUMBUS   OHIO   43209
9370   TRI-LAND PROPERTIES, INC   1 WESTBROOK CORPORATE CENTER   SUITE 520   WESTCHESTER   ILLINOIS   60154-5764
9371   CYPRESS/DEPTFORD II, L.P.   CYPRESS EQUITIES, INC   15601 DALLAS PARKWAY, SUITE 400   ADDISON   TEXAS   75001
9373   MILLS CORPORATION   1300 WILSON BLVD   SUITE 400   ARLINGTON   VIRGINIA   22209
9374   BAY PLAZA WEST, LLC   PRESTIGE PROP&DEV CO, INC-C/O   546 FIFTH AVE, 15TH FLOOR   NEW YORK   NEW YORK   10036
9375   KIMCO 420, INC.   KIMCO REALTY CORP.-C/O, P.O. BOX 5020   3333 NEW HYDE PARK RD, SUITE 100   NEW HYDE PARK   NEW YORK   11042-0020
9376   NISBET INVESTMENT COMPANY c/o   8041 HOSBROOK ROAD     CINCINNATI   OHIO   45236
9377   CASTLETON SHOPPES ASSOCIATES   THE BROADBENT COMPANY   201 N ILLINOIS ST, 23RD FL   INDIANAPOLIS   INDIANA   46204-1901
9378   KIN PROPERTIES, INC.   185 NW SPANISH RIVER BLVD   SUITE 100   BOCA RATON   FLORIDA   33431-4231
9379   DOUGLAS REALTY CO   BARRIE SHORE/MARJORIE GILBERT   245 WATERMAN ST, RM 406   PROVIDENCE   RHODE ISLAND   02906
9380   WALDORF RETAIL CENTER/301 LP   UNIWEST JEFFERSON, INC   2900 TELESTAR COURT SUITE 300   FALLS CHURCH   VIRGINIA   22042
9381   7635 SHELBYVILLE RD PTN   BLACKETER CO-C/O   225 HURSTBOURNE LANE, STE 103   LOUISVILLE   KENTUCKY   40222
9383   NEW PLAN EXCEL REALTY TRUST, INC     420 LEXINGTON AVE   NEW YORK   NEW YORK   10170
9384   LEVINE REALTY COMPANY   72 W. MAIN STREET   PO BOX 1848   SPRINGFIELD   OHIO   45501
9387   926 CORPORATION     926 BOARDMAN-POLAND ROAD   BOARDMAN   OHIO   44512


Exhibit 4.5

Locations, Leases and Landlords

 

 

STORE  

LOCATION

 

CENTER NAME

 

ADDRESS 1

 

ADDRESS 2

 

CITY, ST

  ZIP CODE
9388   STATEN ISLAND, NY   HEARTLAND SHOPPING PLAZA   2295 RICHMOND AVE.     STATEN ISLAND, NY   10314-
9390   DALLAS, TX   RED BIRD TOWERS   3209 W. CAMP WISDOM ROAD     DALLAS, TX   75237-2052
9391   WILMINGTON, DE     3924 KIRKWOOD HWY.     WILMINGTON, DE   19808-
9393   AMARILLO, TX   WOLFIN SQUARE   2217 I-40 WEST     AMARILLO, TX   79109-
9395   MENTOR, OH     7619 MENTOR AVENUE     MENTOR, OH   44060-
9396   KING OF PRUSSIA, PA     445 W. DEKALB PIKE - RTE. 202     KING OF PRUSSIA, PA   19406-
9397   HOUSTON, TX   WOOD FOREST SHOPPING CENTER   10911 EAST FREEWAY     HOUSTON, TX   77029-
9400   SECAUCUS, NJ   THE MALL AT MILL CREEK   ROUTE 3     SECAUCUS, NJ   07094-
9401   JOHNSON CITY, NY     310 REYNOLDS ROAD SUITE A     JOHNSON CITY, NY   13790
9402   SELMA, TX   THE FORUM AT OLYMPIA   8251 AGORA PARKWAY, SUITE 101     SELMA, TX   78154
9403   HOUSTON, TX   HUMBLEWOOD SHOPPING CENTER   19723 EASTEX FREEWAY   HIGHWAY 59   HOUSTON, TX   77338-
9404   LUBBOCK, TX     4408 50TH STREET     LUBBOCK, TX   79414-
9405   KNOXVILLE, TN     7834 KINGSTON PIKE     KNOXVILLE, TN   37919-
9406   PEORIA, IL     3526-3528 N. UNIVERSITY AVE.     PEORIA, IL   61604
9407   PINEVILLE, NC   THE CENTRUM   10610-D CENTRUM PARKWAY     PINEVILLE, NC   28134-
9408   FAIRFAX, VA   GREENBRIAR TOWN CENTER   13061 LEE JACKSON MEMORIAL HWY     FAIRFAX, VA   22030-
9409   BURNSVILLE, MN   BURNSHAVEN STRIP CENTER   712 W. COUNTY ROAD #42     BURNSVILLE, MN   55337-
9411   PHILADELPHIA, PA   CITY LINE CENTRE   4500 CITY LINE AVE., BLDG. A     PHILADELPHIA, PA   19131-
9412   FRAMINGHAM, MA   PARK PLAZA   150 WORCESTER ROAD     FRAMINGHAM, MA   01701-
9413   SAN ANTONIO, TX     7334 SAN PEDRO BLVD.     SAN ANTONIO, TX   78216
9414   ALBUQUERQUE, NM     6601 MENUAL N.E.     ALBUQUERQUE, NM   87110
9415   VALLEY STREAM, NY     320 W. SUNRISE HWY.     VALLEY STREAM, NY   11581-
9416   BROOKLYN, NY   PENN PLAZA SHOPPING CENTER   1110 PENNSYLVANIA AVENUE     BROOKLYN, NY   11207
9417   CORPUS CHRISTI, TX   SOUTH POINT RETAIL CENTER   5118-C STAPLES STREET     CORPUS CHRISTI, TX   78411-
9419   LAREDO, TX   RIO NORTE SHOPPING CENTER   5504 SAN BERNADO AVE. STE. 100     LAREDO, TX   78041-
9420   BALTIMORE, MD   EASTPOINT MALL   7839 EASTPOINT MALL     BALTIMORE, MD   21224
9421   FORT WORTH, TX     4613 S. HULEN STREET     FORT WORTH, TX   76132
9422   DALLAS, TX   PRESTON VALLEY VIEW S.C.   13398 PRESTON ROAD     DALLAS, TX   75240-
9424   HARRISBURG, PA     4425 JONESTOWN ROAD     HARRISBURG, PA   17109
9426   WARREN, MI     1961 E. EIGHT MILE ROAD     WARREN, MI   48091-
9428   GRAND CHUTE   T.J. MAXX PLAZA   708 N. CASALOM DR., STE. 10     GRAND CHUTE   54915-
9429   EL PASO, TX   MISSION PLAZA   1111 HAWKINS BLVD.     EL PASO, TX   79925-
9430   GREENBURGH, NY     350 TARRYTOWN ROAD RTE 119     GREENBURGH, NY   10607-
9431   MONTGOMERY, AL     3984 EASTERN BLVD.     MONTGOMERY, AL   36116
9432   ORANGE PARK, FL   ORANGE PARK (JACKSONVILLE)   62 - 74 BLANDING BLVD.     ORANGE PARK, FL   32073
9433   JACKSONVILLE, FL   REGENCY POINTE S.C.   9402 ARLINGTON EXPRESSWAY     JACKSONVILLE, FL   32225-
9434   NORTH MIAMI, FL   THE PROMENADE SHOPS AT 163RD   1755 NE 163RD STREET     NORTH MIAMI, FL   33162
9435   STONE MOUNTAIN, GA   STONE MOUNTAIN SQUARE   5370 US HWY 78, SUITE 5     STONE MOUNTAIN, GA   30087-
9440   LINDEN, NJ   LINDEN SHOPPING CENTER   1601 WEST EDGAR RD/     LINDEN, NJ   07036
9441   VICTOR, NY   COBBLESTONE COURT   170 COBBLESTONE COURT DRIVE     VICTOR, NY   14564
9442   S BURLINGTON, VT   STAPLES PLAZA   861 WILLISTON ROAD     S BURLINGTON, VT   05403
9443   DENVER, CO   BOWLES CROSSING SHOPPING CTR.   5656 BOWLES CROSSING     DENVER, CO   80123
9444   SCRANTON, PA   BAYSHORE SHOPPING CENTER   RTE. 6 SCRANTON-CARBONDALE HWY     SCRANTON, PA   18505
9445   BAYSHORE L.I., NY   BAYSHORE SHOPPING CENTER   1757 SUNRISE HWY.     BAYSHORE L.I., NY   11706-
9447   CHERRY HILL, NJ     216 HADDONFIELD ROAD     CHERRY HILL, NJ   08002
9449   MANASSAS, VA   MANASSAS MALL   8372-8374 SUDLEY ROAD     MANASSAS, VA   22109
9451   SCHAUMBURG, IL   WOODFIELD VILLAGE GREEN S.C.   1400 GOLF ROAD     SCHAUMBURG, IL   60173-
9453   EATONTOWN, NJ     49 ROUTE 36 WEST     EATONTOWN, NJ   07724
9454   WHITEHALL, PA     2367 MACARTHUR ROAD     WHITEHALL, PA   18052-
9455   PORT HURON, MI   HORIZON OUTLET CENTER   1661 RANGE ROAD, SPACE B80     PORT HURON, MI   48074-
9456   CHEEKTOWAGA, NY     2130 WALDEN AVENUE     CHEEKTOWAGA, NY   14225
9457   DULUTH, MN   STONE RIDGE SHOPPING CENTER   913 W. CENTRAL ENTRANCE     DULUTH, MN   55811-
9458   LEDGEWOOD, NJ     288 RTE. 10 W     LEDGEWOOD, NJ   07876
9460   RICHMOND, VA     7111 W. BROAD STREET     RICHMOND, VA   23294
9461   E. BRUNSWICK, NJ     326 RTE. 18     E. BRUNSWICK, NJ   08816
9464   IRONDEQUOIT, NY   TOPS PLAZA   RIDGE ROAD EAST     IRONDEQUOIT, NY   14621
9465   MANSFIELD, OH     695 NO. LEXINGTON-SPRINGMILL     MANSFIELD, OH   44906-
9466   LAFAYETTE, IN     2128 SAGAMORE PKWY. SOUTH     LAFAYETTE, IN   47905
9468   GREEN BAY, WI   UNITED CENTER   2300 SOUTH ONEIDA     GREEN BAY, WI   54304
9469   MIDLAND, TX     4410 N. MIDKIFF ROAD   SUITE b-1   MIDLAND, TX   79705-
9470   LOUISVILLE, KY   BROWNFIELD SQ. SHOPPING CENTER   4815 OUTER LOOP BROWNSVILLE SQUARE     LOUISVILLE, KY   40219
9471   LAFAYETTE, LA   AMBASSADOR ROW SHOPPING CENTER   3501 AMBASSADOR CAFFERY     LAFAYETTE, LA   70503
9472   VIRGINIA BEACH, VA   NORTH MALL SHOPS   2704 LYNNHAVEN PARKWAY, S. 105     VIRGINIA BEACH, VA   23452-
9473   COLORADO SPRINGS, CO   CITADEL CROSSING   507 NORTH ACADEMY BOULEVARD     COLORADO SPRINGS, CO   80909
9477   HIALEAH, FL   PALM SPRINGS MILE S.C.   1001 W.49th St., SUITE 1     HIALEAH, FL   33012-
9478   BATON ROUGE, LA     9490 AIRLINE HIGHWAY     BATON ROUGE, LA   70815-
9482   BRANDON, FL   BRANDON TOWN CENTER   S.R. 60 & I-75 #100B     BRANDON, FL   33511-
9484   CHAMPAIGN, IL   WAL-MART PLAZA   1006 W. ANTHONY DR. SUITE A&B     CHAMPAIGN, IL   61820-
9486   AUSTIN, TX   ABORETUM SHOPPING CENTER   9705 RESEARCH BLVD HWY. 183     AUSTIN, TX   78759
9487   SAN ANTONIO, TX   KINKO'S RETAIL CENTER   5755 N.W. LOOP 410 SUITE 103     SAN ANTONIO, TX   78238-
9488   LAKELAND, FL   VILLAGE PLAZA   4304 U.S. HIGHWAY 98 NORTH     LAKELAND, FL   33809-
9489   NAPERVILLE, IL   NAPERWEST PLAZA   618 SOUTH ROUTE 59, SUITE 112     NAPERVILLE, IL   60540-
9490   ALPHARETTA, GA   MANSELL CROSSING SHOPPING CEN.   7681 N. POINT PKWY., SUITE 500     ALPHARETTA, GA   30202-
9491   MIAMI, FL     9875 SO. DIXIE HIGHWAY     MIAMI, FL   33156-
9494   ALTAMONTE SPRINGS, FL   RENAISSANCE CENTRE   355 E. ALTAMONTE DR. #1000     ALTAMONTE SPRINGS, FL   32701-
9496   MONROE, MI   HORIZON OUTLET CENTER   1470 LAPLAISANCE RD.     MONROE, MI   48161
9497   BARBOURSVILLE, WV   HUNTINGTON MALL   MALL ROAD     BARBOURSVILLE, WV   25504-1834
9499   FLORENCE, SC     2590 DAVID MCLEOD BLVD.     FLORENCE, SC   29501-
9500   LEWISVILLE, TX   VISTA RIDGE VILLAGE   565 E. HIGHWAY 3040,SUITE# 201     LEWISVILLE, TX   75067-
9501   SPRINGFIELD, MO     1414 E. BATTLEFIELD     SPRINGFIELD, MO   65804-
9502   BIRCH RUN, MI   PRIME OUTLETS AT BIRCH RUN   12150 SOUTH BEYER ROAD, SPACE F050     BIRCH RUN, MI   48415-
9503   BLOOMFIELD, NJ   RICKELS SHOPPING CENTER   135 BLOOMFIELD AVE.     BLOOMFIELD, NJ   07003-
9504   LEXINGTON, KY   CROSSROADS PLAZA   3270 NICHOLASVILLE RD.     LEXINGTON, KY   40503
9505   RALEIGH, NC     6010 GLENWOOD AVENUE     RALEIGH, NC   27612
9506   ALTOONA, PA   PARK HILLS PLAZA   RT. 200 & PLANK RD     ALTOONA, PA   16602-
9507   CAMILLUS, NY     3514 W. GENESEE ST.     CAMILLUS, NY   13219-
9508   MUNCIE, IN   LYNDENBROOK PLAZA   3301 NORTH EVERBROOK LANE     MUNCIE, IN   47304-
9509   ANNAPOLIS, MD     2091 WEST STREET, PAROLE     ANNAPOLIS, MD   21401-
9510   DULUTH, GA   GWINNETT PLACE MALL   1950 PLEASANT HILL RD. STE. B     DULUTH, GA   30136-
9510   DULUTH, GA     1950 PLEASANT HILL RD. STE. B     DULUTH, GA   30136-
9512   BLOOMINGDALE, IL   STRATFORD PLAZA   158 SOUTH GARY STREET     BLOOMINGDALE, IL   60108-
9513   TOWSON, MD   YORK RIDGE CENTER N.   815 GOUCHER BLVD.     TOWSON, MD   21286
9515   MOSINEE, WI   CEDAR CREEK MALL   10101 MARKET ST. #C-110     MOSINEE, WI   54455-
9516   FT. MYERS, FL     4455 CLEVELAND AVE.     FT. MYERS, FL   33901-
9517   MEMPHIS, TN     6326 WINCHESTER ROAD SUITE 1     MEMPHIS, TN   38115-
9518   ELMHURST, NY     89-55 QUEENS BLVD     ELMHURST, NY   11373-
9520   NILES, OH   GREAT EAST PLAZA   5555 YOUNGSTOWN/WARREN ROAD     NILES, OH   44446-
9521   AUGUSTA, GA   RICHMOND PLAZA   3435 WRIGHTSBORO ROAD #1206     AUGUSTA, GA   30909-
9522   SAVANNAH, GA   OGELTHORPE PLAZA   7929 ABERCORN ST., SUITE 640-650     SAVANNAH, GA   31406-3443
9523   WEST PALM BEACH, FL*     1990 N. MILITARY TRAIL     WEST PALM BEACH, FL*   33409-
9524   OCALA, FL     3558 SOUTH WEST COLLEGE ROAD     OCALA, FL   34474-
9525   TROTWOOD, OH   SALEM CENTER OUTLOT   5286 SALEM AVE., CTR. 103     TROTWOOD, OH   45426-
9526   BIRMINGHAM, AL     1707 MONTGOMERY HIGHWAY     BIRMINGHAM, AL   35244-
9527   MADISON, WI   STERLING CENTER   698 SOUTH WHITNEY WAY     MADISON, WI   53711-
9528   EAST NORTHPORT, NY     4199 EAST JERICHO TURNPIKE     EAST NORTHPORT, NY   11731-
9529   BRANSON, MO   FACTORY STORES OF AMERICA   4370 GRETNA ROAD, SUITE #2170     BRANSON, MO   65616-
STORE  

LANDLORD

 

ADDRESS 1

 

ADDRESS 2

 

CITY

 

STATE

  ZIP CODE
9388   HEARTLAND CENTRE COMPANY   % INTERSTATE MGMT. CORP.   2555 OCEAN AVENUE   BROOKLYN   NEW YORK   11229
9390   MACLAY PROPERTIES COMPANY   3838 OAKLAWN   SUITE 810   DALLAS   TEXAS   75219
9391   FUSCO ENTERPRISES LLC   PO BOX 665   200 AIRPORT RD, PO BOX 665   NEW CASTLE   DELAWARE   19720
9393   BOSTON & MAYS   WOLFIN SQUARE SHOPPING CENTER   914 TYLER STREET   AMARILLO   TEXAS   79101
9395   NORMAN J KOTOCH     355 BISHOP ROAD   HIGHLAND HTS   OHIO   44143
9396   COMMERCE LIMITED PARTNERSHIP   COMMERCE GROUP (THE)   1280 W. NEWPORT CENTER DRIVE   DEERFIELD BEACH   FLORIDA   33442
9397   JLCM PARTNERS, LP   TARANTINO PROPERTIES, INC. C/O   7887 SAN FELIPE, SUITE 237   HOUSTON   TEXAS   77063
9400   MILL CREEK MALL LLC   400 PLAZA DRIVE     SECAUCUS   NEW JERSEY   07094-3688
9401   B&F DEVELOPMENT   8927 CENTER POINTE DRIVE     BALDWINSVILLE   NEW YORK   13027
9402   KIMCO REALTY CORP   PO BOX 5020   3333 NEW HYDE PARK ROAD   NEW HYDE PARK   NEW YORK   11042-0020
9403   WEINGARTEN REALTY MANAGEMENT COMPANY   2600 CITADEL PLAZA DRIVE   P.O. BOX 924133   HOUSTON,   TEXAS   77292-4133
9404   STEVE COX REAL ESTATE   PO BOX 270479     FLOWER MOUND   TEXAS   75027
9405   PEROULAS PARTNERSHIP   C/O AL PEROULAS   4931 KINGSTON PIKE   KNOXVILLE   TENNESSEE   37919
9406   RUSSELL L. WALDSCHMIDT   WALD/LAND CORP   121 NE JEFFERSON SUITE 200   PEORIA   ILLINOIS   61602
9407   KIMCO REALTY CORPORATION   3333 NEW HYDE PARK ROAD, SUITE 100   PO BOX 5020   NEW HYDE PARK   NEW YORK   11042-0020
9408   FIRST WASHINGTON REALTY, INC.   4350 EAST-WEST HIGHWAY   SUITE 400   BETHESDA   MARYLAND   20814
9409   MADISON MARQUETTE REALTY SERVICES   ATTN: VP - BURNHAVEN MALL   11100 WAYZATA BLVD SUITE 601   MINNETONKA   MINNESOTA   55305-1544
9411   CITY CENTRE PHILADELPHIA, PA LP   FIRST ALLIED CORPORATION   270 COMMERCE DRIVE   ROCHESTER   NEW YORK   14623
9412   FRAMINGHAM-150 FR REALTY LP     1051 RESERVOIR AVE.   CRANSTON   RHODE ISLAND   02910
9413   MWM COMMERCIAL SP LTD   MOORE PROPERTY MANAGEMENT   19504 CHIMNEY CREEK RD   HELOTES   TEXAS   78023
9414   LORRAINE MORIMOTO     2729 ALCAVAR, N.E.   ALBUQUERQUE   NEW MEXICO   87110
9415   TOYS "R" US, INC     1 GEOFFREY WAY   WAYNE   NEW JERSEY   07470-2030
9416   NBO REALTY INC     666 OLD COUNTRY ROAD   GARDEN CITY   NEW YORK   11530
9417   C.C. QUALITY CONSTRUCTION, INC   C/O CORPUS CHRISTI REALTY MGMT   4646 CORONA, P.O. BOX 81281 (78468-1281)   CORPUS CHRISTI,   TEXAS   78411
9419   KIMCO REALTY CORPORATION   3333 NEW HYDE PARK ROAD, SUITE 100   PO BOX 5020   NEW HYDE PARK   NEW YORK   11042-0020
9420   THOR EASTPOINT MALL LLC   THOR EQUITIES, LLC   139 5TH AVE., 3RD FL   NEW YORK   NEW YORK   10010
9421   JAMES H PARKINSON     30 AUTO CENTER DR   TUSTIN   CALIFORNIA   92608
9422   PRESTON VALLEY VIEW, LTD   DIRECT PROPERTY MANAGEMENT   8150 N. CENTRAL EXPRESSWAY STE 1515   DALLAS   TEXAS   75206
9424   DAVENPORTS, INC.   1205 MANOR DRIVE SUITE 201   PO BOX 2055   MECHANICSBURG   PENNSYLVANIA   17055
9426   MRED(8 MILE/DEQUINDRE)ASSOCIATES   ATTN: MARK REDMOND   W228 N745 WESTMOUND DRIVE   WAUKESHA   WISCONSIN   53186
9428   APPLETON SHOPS LIMITED PTN.   C/O CHASE PROPERTIES   25825 SCIENCE PARK DR S355   BEECHWOOD   OHIO   44122
9429   PAISANO JOINT VENTURE   1525 CAMINO ALTO     EL PASO   TEXAS   79902
9430   ROGER BRADLEY REALTY ASSOC.     18 OLD MILL ROAD   REDDING   CONNECTICUT   06896
9431   REX RADIO AND TELEVISION, INC.   2875 NEEDMORE ROAD     DAYTON   OHIO   45414
9432   DOUGLAS GROUP OF CO.     951 MATHESON BLVD. EAST   MISSISSAUGA   ONTARIO   L4W2R7
9433   JACKSONVILLE REGENCY REAL ESTATE ASSOCIATES, LLC   YALE REALTY SERVICES CORP   501 WASHINGTON AVE   PLEASANTVILLE   NEW YORK   10570
9434   PROMENADE PROPERTY ASSOCIATES     111 S. 17TH AVE   HOLLYWOOD   FLORIDA   33020-6801
9435   STONE MOUNTAIN ACQUISITION, LLC   WHEELER/KOLB MANAGEMENT CO   PO BOX 957209   DULUTH   GEORGIA   30095
9440   WHARTON REALTY GROUP, INC   ATTN: ISAAC D. MASSRY   8 INDUSTRIAL WAY EAST, 2ND FL   EATONTOWN   NEW JERSEY   07724
9441   COBBLESTONE COURT LTD. PTN.   SIMON PROPERTY GROUP   225 WEST WASHINGTON STREET   INDIANAPOLIS   INDIANA   46204-3438
9442   BURLINGTON INTERSTATE CENTER, LLC   EASTERN DEVELOPMENT,LLC   120 PRESIDENTIAL WAY SUITE 300   WOBURN   MASSACHUSETTS   01801
9443   PERA BOWLES, INC   TRAMMELL CROW COMPANY   8390 E. CRESCENT PARKWAY, SUITE 300   GREENWOOD VILLAGE   COLORADO   80111-2813
9444   DICKSON-CAL LTD. PTN   CHOTINER & GUMBINER REALTY CO., INC   9301 WILSHIRE BLVD., #200   BEVERLY HILLS   CALIFORNIA   90212
9445   TRIANGLE PROPERTIES #3   200 BROAD HOLLOW ROAD   SUITE 401   MELVILLE   NEW YORK   11747
9447   KIN PROPERTIES, INC.   185 NW SPANISH RIVER BLVD   SUITE 100   BOCA RATON   FLORIDA   33431-4231
9449   ESTHER L. COOPERSMITH   C/O HOLLADAY PROP. SERV., INC.   3400 IDAHO AVE, N.W., STE 500   WASHINGTON   DC   20016
9451   DEVELOPERS DIVERSIFIED REALTY CORP   3300 ENTERPRISE PARKWAY   PO BOX 228042   BEACHWOOD,   OHIO   44122
9453   EATONTOWN PLAZA LLC   ATN: JONATHAN FRYD/FRYD PROPERTIES   523 MICHIGAN AVE   MIAMI BEACH   FLORIDA   33139
9454   CHARLES KASYCH, JR     3330 MACARTHUR ROAD   WHITEHALL   PENNSYLVANIA   18052
9455   HOWARD REALTY GROUP   8300 HALL ROAD   SUITE 100   UTICA   MICHIGAN   48317
9456   DDR MDT CHEEKTOWAGA WALDEN PLACE LLC   DEVELOPERS DIVERSIFIED REALTY CORP   3300 ENTERPRISE PARKWAY   BEECHWOOD   OHIO   44122
9457   WATSON CENTERS, INC.   3100 WEST LAKE STREET   SUITE 420   MINNEAPOLIS   MINNESOTA   55416
9458   WESCO, INC     214 ROUTE 10   E HANOVER   NEW JERSEY   07936
9460   T-H FAMILY LIMITED PARTNERSHIP   6606 WEST BROAD STREET   SUITE 400   RICHMOND   VIRGINIA   23230
9461   HARRY M. SCHNEIDER FAMILY TRUST   ELIAS L. SCHNEIDER, TRUSTEE   603 CRANBURY ROAD   E BRUNSWICK   NEW JERSEY   08816
9464   PDQ TOPS, LLC   BALDWIN REAL ESTATE CORP, SUITE 200   1950 BRIGHTON HENNRIETTA TOWNLINE RD   ROCHESTER   NEW YORK   14623
9465   PAYLESS SHOE SOURCE, INC.   RETAIL PROPERTY #7023   P.O. BOX 3591   TOPEKA   KANSAS   66601-3560
9466   BRAND INVESTMENTS   6274 EAST 375 SOUTH     LAFAYETTE   INDIANA   47905
9468   UNITED CENTRE   c/o COMMERCIAL HORIZONS, INC.   500 AMS COURT   GREEN BAY   WISCONSIN   54307-1237
9469   PILCHERS GROUP     7001 PRESTON RD, STE 200 LB18   DALLAS   TEXAS   75205
9470   BROWN, NOLTEMEYER CO.   122 NO. PETERSON AVENUE     LOUISVILLE   KENTUCKY   40206
9471   EQUITY ONE, INC.     1696 N.E. MIAMI GARDENS DRIVE   NORTH MIAMI BEACH   FLORIDA   33179
9472   SCHOTTENSTEIN MANAGEMENT COMPANY   ATTN: VP OF LEASING/ P#270111105   1798 FREVIS AVE   COLUMBUS   OHIO   43206
9473   CITADEL CROSSING ASSOCIATES   SUMMIT COMMERCIAL GROUP, INC   1902 WEST COLORADO AVE, SUITE B   COLORADO SPRINGS   COLORADO   80904
9477   PALM SPRINGS MILE ASSOC, LTD   PHILIPS INTERNATIONAL HOLDING CORP   295 MADISON AVE, 2ND FL   NEW YORK   NEW YORK   10017
9478   COMMERCE GROUP, INC.   1280 W. NEWPORT CENTER DRIVE     DEERFIELD BEACH   FLORIDA   33442
9482   KIMCO REALTY CORP   PO BOX 5020   3333 NEW HYDE PARK ROAD   NEW HYDE PARK   NEW YORK   11042-0020
9484   BLOOMFIELD 2005, LLC   BLOCK & COMPANY, INC. C/O   605 W. 47TH ST., SUITE 200   KANSAS CITY   MISSOURI   64112
9486   DICK FERRELL & COMPANY   7557 RAMBLER ROAD   SUITE 1407   DALLAS   TEXAS   75231
9487   LINEAGE GROUP, INC   JOHN MANNIX   435 BURR ROAD   SAN ANTONIO   TEXAS   78209-5907
9488   RLV VILLAGE PLAZA LP   RAMCO GERSHENSON, INC   31500 NORTHWESTERN HIGHWAY, STE 300   FARMINGTON HILLS   MICHIGAN   48334
9489   INLAND COMMERCIAL   PROPERTY MANAGEMENT, INC   2901 BUTTERFIELD RD   OAK BROOK   ILLINOIS   60523
9490   CENTRO WATT OPERATING PARTNERSHIP 2, LLC   580 WEST GERMANTOWN PIKE   SUITE 200   PLYMOUTH MEETING   PENNSYLVANIA   19462
9491   SHOE BANK INC.   C/O B. HANNA   9241 S.W. 140TH STREET   MIAMI   FLORIDA   33176
9494   KIMCO REALTY CORP   PO BOX 5020   3333 NEW HYDE PARK RD STE 100   NEW HYDE PARK   NEW YORK   11042-0020
9496   HARWOOD REAL ESTATE MANAGEMENT LLC   14930 LaPLAISANCE ROAD   SUITE 114   MONROE   MICHIGAN   48161
9497   HUNTINGTON MALL COMPANY     2445 BELMONT AVENUE   YOUNGSTOWN   OHIO   44504-0186
9499   HAFERKAMP FAMILY TRUST   ROSE V HAFERKAMP TRUSTEE   11800 BACCARAT LANE, NE   ALBUQUERQUE   NEW MEXICO   87111-7600
9500   GRE VISTA RIDGE LP   P.O'B MONTGOMERY & CO   5550 LBJ FREEWAY, SUITE 380   DALLAS   TEXAS   75240
9501   MD DEVELOPMENT CO.   C/O MCLOUD & CO.   1949 E. SUNSHINE, SUITE 1-206   SPRINGFIELD   MISSOURI   65804
9502   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9503   BLOOMFIELD PLAZA ASSOCIATES     275 MADISON AVE, 30 th FL   NEW YORK   NEW YORK   10016
9504   CROSSROADS ASSOCIATES   EQUITY MGMT GROUP, INC-C/O   840 E HIGH ST, SUITE 110   LEXINGTON   KENTUCKY   40502
9505   MUNFORD PROPERTIES, LLC   GEORGE T. MUNFORD   5509 MUNFORD ROAD   RALEIGH   NORTH CAROLINA   27612
9506   CW PARK HILLS PLAZA LP   C/O CENTRO WATT/ PLYMOUTH PLAZA   580 GERMANTOWN PIKE, SUITE 200   PLYMOUTH MEETING   PENNSYLVANIA   19462
9507   IRWIN & ANN KLEIN     101 HURLBURT ROAD   SYRACUSE   NEW YORK   13224
9508   LAMA PARTNERSHIP   ADM REAL ESTATE, INC   3410 W. FOX RIDGE LANE   MUNCIE   INDIANA   47304-6340
9509   ANNAPOLIS STATION L.L.C.   DOUGLAS DEVELOPMENT   11021 NICHOLAS LANE SUITE 9   OCEAN PINES   MARYLAND   21811
9510   COMMERCE GROUP, INC.   1280 W. NEWPORT CENTER DRIVE     DEERFIELD BEACH   FLORIDA   33442
9510   COMMERCE GROUP, INC.   1280 W. NEWPORT CENTER DRIVE     DEERFIELD BEACH   FLORIDA   33442
9512   NMC STRATFORD, LLD   NEWMARK MERRILL COMPANIES   5850 CANOGA AVE., STE 650   WOODLAND HILLS   CALIFORNIA   91367
9513   VORNADO REALTY TRUST   210 ROUTE 4 EAST     PARAMUS   NEW JERSEY   07652-0910
9515   CEDAR CREEK MANAGEMENT CORP   INLAND COMPANIES, INC   802 BROADWAY, SUITE 104   MADISON   WISCONSIN   53713
9516   COMMERCE LIMITED PARTNERSHIP #9408   1280 W.NEWPORT CENTER DRIVE     DEERFIELD BEACH   FLORIDA   33442
9517   WILLIAM HARRIS COMPANIES   2831 AIRWAYS BLVD   BUILDING B, SUITE 211   MEMPHIS   TENNESSEE   38132
9518   HARMEN INVESTMENT CO     91-31 QUEENS BLVD   ELMHURST   NEW YORK   11373
9520   GREAT EAST MALL, INC.   CAFARO CO,   PO BOX 2186   YOUNGSTOWN   OHIO   44504-0186
9521   RICHMOND PLAZA INVESTORS, LP   COLLIERS SPECTRUM CAUBLE MANAGEMENT   5871 GLENRIDGE DRIVE, SUITE 400   ATLANTA   GEORGIA   30328
9522   OGLETHORPE ASSOCIATES, LLLP   TRI-KELL INVESTMENTS, INC/1 OVERTON PART   3625 CUMBERLAND BLVD, STE 530   ATLANTA   GEORGIA   30339
9523   TIME EQUITIES, INC AS AGENT   CLINTON HILLS WPB EQUITIES, LLC   55 5TH AVE., 15TH FLOOR   NEW YORK   NEW YORK   10003
9524   SELECT SITES OF ATTLEBOROUGH   3109 GRAND AVE. #326     COCONUT GROVE   FLORIDA   33133
9525   HUTCHINS COMMERCIAL REALTY, LTD   432 PATTERSON ROAD     DAYTON   OHIO   45419
9526   DEVELOPERS DIVERSIFIED REALTY CORPORATION   3300 ENTERPRISE PARKWAY   PO BOX 228042   BEACHWOOD   OHIO   44122
9527   TRI-BELL PARTNERS, LLP   OAKBROOK CORPORATION   2 SCIENCE COURT   MADISON   WISCONSIN   53744-5530
9528   EMPIRE ASSOCIATES REALTY CO   ESTATE OF SOL GOLDMAN   640 FIFTH AVE   NEW YORK   NEW YORK   10019
9529   CPG FINANCE I LLC   CPG PARTNERS, LP   105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068


Exhibit 4.5

Locations, Leases and Landlords

 

 

STORE

 

LOCATION

 

CENTER NAME

 

ADDRESS 1

 

ADDRESS 2

 

CITY, ST

 

ZIP CODE

9530   GREENVILLE, SC     2410 LAURENS ROAD     GREENVILLE, SC   29607-
9531   COLUMBIA, SC   MARSHBROOK PLAZA   7357 TWO NOTCH ROAD     COLUMBIA, SC   29223-
9533   SARASOTA, FL     4130 SOUTH TAMIAMI TRAIL     SARASOTA, FL   34231-
9534   SOMERVILLE, NJ     936 ROUTE 22 EAST     SOMERVILLE, NJ   08876-
9540   NEW YORK, NY     291 THIRD AVENUE     NEW YORK, NY  
9541   PEMBROKE PINES, FL   BOULEVARD SQUARE SHOPPING CTR   11090 PINES BOULEVARD     PEMBROKE PINES, FL   33026-
9542   HILLSBORO, TX   SOUTHWEST OUTLET CENTER   104 NORTHEAST,I-35,SUITE 128     HILLSBORO, TX   76645-
9545   TYLER, TX     4217 SOUTH BROADWAY AVE     TYLER, TX   75701-
9546   WARRENTON, MO   WARRENTON OUTLET CENTER   1000 WARRENTON OUTLET CTR #39     WARRENTON, MO   63383-
9551   LAUDERDALE LAKES, FL   REEF PLAZA   3196 NORTH STATE ROAD     LAUDERDALE LAKES, FL   33319-
9553   CONROE, TX   CONROE OUTLET CTR   1111 LEAGUE LINE RD STE #121     CONROE, TX   77303-
9554   FREDERICK, MD   CELLULARONE CENTER   1170 WEST PATRICK ST., S. G&H     FREDERICK, MD   21702-
9556   BOYNTON BEACH, FL   OAKWOOD SHOPPING CENTER   324 NORTH CONGRESS AVENUE     BOYNTON BEACH, FL   33426-
9557   WEST MIFFLIN, PA     2033 LEBANON CHURCH RD SUITE C     WEST MIFFLIN, PA   15122-
9558   CALHOUN, GA   CALHOUN OUTLET CENTER   SUITE 60 455 BELWOOD RD. S.E.     CALHOUN, GA   30701-
9564   OMAHA, NE   MONTCLAIR CENTER   13003 WEST CENTER ROAD, S. #28     OMAHA, NE   68144-
9566   LOVELAND, CO   ROCKY MOUNTAIN FACTORY STORES   5732 MCWHINNEY BOULEVARD, #E-40     LOVELAND, CO   80538-
9567   DAYTONA BEACH, FL     2110 WEST INTL. SPEEDWAY     DAYTONA BEACH, FL   32114-
9568   ASHEVILLE, NC     64 TUNNEL ROAD     ASHEVILLE, NC   28805-
9569   FT. SMITH, AR     4803 ROGERS AVENUE     FT. SMITH, AR   72903-
9571   JEFFERSONVILLE, OH   PRIME OUTLETS @JEFFERSONVILLE   8115 FACTORY SHOPS BLVD   SPACE 115   JEFFERSONVILLE, OH   43128
9573   MANCHESTER, CT   PLAZA AT BUCKLAND HILLS   1470 PLEASANT VALLEY RD.     MANCHESTER, CT   06040
9574   HODGKINS, IL   THE QUARRY SHOPPING CENTER   9404 JOLIET ROAD     HODGKINS, IL   60525
9576   EDINBURGH, IN   EDINBURGH OUTLET CENTER   11747 NORTH EXECUTIVE DRIVE, #880     EDINBURGH, IN   46124
9577   GREENVILLE, NC   UNIVERSITY COMMONS SHOP CENTER   3040 SOUTH EVANS STREET, #103   SUITE 103   GREENVILLE, NC   27834
9581   HUNTSVILLE, AL     4710-B UNIVERSITY DRIVE     HUNTSVILLE, AL   35816
9583   WEST BERLIN, NJ     199 NORTH ROUTE 73, STE. A   SUITE A   WEST BERLIN, NJ   08091
9584   SMYRNA, GA     2778 COBB PARKWAY     SMYRNA, GA   30339
9585   HOWELL, MI   KENSINGTON VALLEY FACTORY SHOP   1475 NORTH BURKHART RD. STE. D180     HOWELL, MI   48855
9586   GAFFNEY, SC   CAROLINA FACTORY SHOPS   335 FACTORY SHOPS BOULEVARD     GAFFNEY, SC   29341
9587   GLENDALE, CO     320 SOUTH COLORADO BOULEVARD     GLENDALE, CO   80246
9588   WATERLOO, NY   WATERLOO PREMIUM OUTLETS   655 ROUTE 318, STE. A005   SUITE A005   WATERLOO, NY   13165
9589   ROANOKE, VA     1919 VALLEY VIEW BLVD., NW     ROANOKE, VA   24012
9591   WILLOW GROVE, PA     311 WEST MORELAND RD     WILLOW GROVE, PA   19090
9592   BOWLING GREEN, KY     2522 SCOTTSVILLE ROAD   SUITE B   BOWLING GREEN, KY   42104
9595   JACKSON, MS   COUNTY LINE PLAZA   1039 EAST COUNTY LINE ROAD   SUITE A   JACKSON, MS   39211
9596   WOODBURY, MN     8362 TAMARACK VILLAGE   SUITES 117 & 118   WOODBURY, MN   55125
9598   VERO BEACH, FL   OUTLETS AT VERO BEACH   1757 94TH DRIVE   SUITE D180   VERO BEACH, FL   32966
9601   CHARLOTTESVILLE, VA     1711A&B SEMINOLE TRAIL     CHARLOTTESVILLE, VA   22901
9602   BRONX, NY   MODELLS PLAZA   945 WHITE PLAIN ROAD     BRONX, NY   10473
9604   ORLAND PARK, IL   SECOND CENTURY PLAZA   9396 WEST 159TH STREET     ORLAND PARK, IL   60462
9605   TILTON, NH   LAKE REGION FACTORY STORES   120 LACONIA ROAD   SUITE 206   TILTON, NH   03276
9606   OLATHE, KS     20700 WEST 151ST STREET     OLATHE, KS   66061
9610   ROCKFORD, IL     6376 EAST STATE STREET     ROCKFORD, IL   61108
9612   HOUSTON, TX   WESTGATE SHOPPING CENTER   19504 KATY FREEWAY     HOUSTON, TX   77094
9613   WESTMINSTER, CO     8725 SHERIDAN BLVD. (UNIT B)     WESTMINSTER, CO   80030
9614   RIVERHEAD, NY   TANGER OUTLET CENTER   1770 WEST MAIN STREET     RIVERHEAD, NY   11901
9615   SAN MARCOS, TX   SAN MARCOS OUTLET CENTER   4015 INTERSTATE HWY. 35, STE. 214     SAN MARCOS, TX   78666
9616   COMMERCE, GA   TANGER II OUTLET CENTER   800 STEVEN B. TANGER BLVD #310     COMMERCE, GA   30529
9617   MORROW, GA   SOUTH POINT SHOPPING CENTER   6715 JONESBORO ROAD, STE. H     MORROW, GA   30260
9618   MAY'S LANDING, NJ   WRANGLE CONSUMER SQUARE   430 CONSUMER SQUARE     MAY'S LANDING, NJ   08330
9620   GAINESVILLE, FL   BUTLER PLAZA EAST   3600 SW ARCHER ROAD , #A1     GAINESVILLE, FL   32608
9621   AUSTIN, TX   SUNSET VALLEY VILLAGE   5601 BRODIE LANE     AUSTIN, TX   78745
9622   PENSACOLA, FL     7000 N. DAVIS HIGHWAY   UNIT A   PENSACOLA, FL   32504
9623   TOPEKA, KS   WANAMAKER 21 SHOPPING CENTER   1930 SOUTH WEST WANAMAKER RD.   SUITE E   TOPEKA, KS   66614
9624   FREDERICKSBURG, VA     3200 PLANK ROAD     FREDERICKSBURG, VA   22407
9625   WEBSTER, TX   BAYBROOK GATEWAY S.C.   1041 WEST BAY AREA BLVD.     WEBSTER, TX   77598
9626   WRENTHAM, MA   WRENTHAM VILLAGE PREMIUM OUTLE   1 PREMIUM OUTLET BOULEVARD STE 585     WRENTHAM, MA   02093
9627   JOHNSON CREEK, WI   JOHNSON CREEK OUTLET CENTER   622 WEST LINMAR LANE SUITE D25     JOHNSON CREEK, WI   53038
9629   ALBERTVILLE, MN   ALBERTVILLE PREMIUM OUTLETS   6415 LABEAUX AVENUE NE, SUITE B-65     ALBERTVILLE, MN   55301
9630   FOLEY, AL   RIVIERA CENTRE FACTORY STORES   2601 SOUTH MCKENZIE STREET SUITE S4     FOLEY, AL   36535
9631   VACAVILLE, CA   FACTORY STORES AT VACAVILLE   131 NUT TREE ROAD, SUITE K     VACAVILLE, CA   95687
9632   ST. AUGUSTINE, FL   ST. AUGUSTINE OUTLET CENTER   2700 STATE ROAD 16, STE 815     ST. AUGUSTINE, FL   32092
9633   WILLIAMSBURG, IA   TANGER FACTORY OUTLET   112-A TANGER DRIVE     WILLIAMSBURG, IA   52361
9635   GETTYSBURG, PA   GETTYSBURG FACTORY STR   1863 GETTYSBURG DRIVE     GETTYSBURG, PA   17325
9636   TANNERSVILLE, PA   THE CROSSING FACTORY STORES   1000 ROUTE 611, UNIT A19     TANNERSVILLE, PA   18372
9640   FOLSOM, CA   FOLSOM PREMIUM OUTLET   13000 FOLSOM BOULEVARD, SUITE 1440     FOLSOM, CA   95630
9642   HAGERSTOWN, MD   PRIME OUTLETS AT HAGERSTOWN   550 PRIME OUTLETS BOULEVARD     HAGERSTOWN, MD   21740
9643   GROVE CITY, PA   PRIME OUTLET AT GROVE CITY   P.O. BOX 1027 - I-79 & ROUTE 208     GROVE CITY, PA   16127
9644   WESTBROOK, CT   WESTBROOK FACTORY STORES   314 FLAT ROCK PLACE, SUITE A135     WESTBROOK, CT   06498
9646   CAMARILLO, CA   CAMARILLO PREMIUM OUTLETS   990 CAMARILLO CENTER DRIVE, STE 1016     CAMARILLO, CA   93010
9662   COLUMBUS, OH   WYANDOTTE CENTER   5091 E. MAIN STREET     COLUMBUS, OH   43213
9664   ONTARIO, CA   ONTARIO MILLS PLAZA   4320 EAST MILLS CIRCLE RD UNIT H     ONTARIO, CA   91764
9665   OSAGE BEACH, MO   FAC OUTLET VILLAGE OSAGE BEACH   4540 HIGHWAY 54, SUITE N4     OSAGE BEACH, MO   65065
9668   REHOBOTH BEACH, DE   REHOBOTH OUTLETS III   1230 REHOBOTH OUTLETS, HIGHWAY 1     REHOBOTH BEACH, DE   19971
9669   LINCOLN CITY, OR   FACTORY STORES AT LINCOLN CITY   1500 SE EAST DEVILS LAKE ROAD, STE 413     LINCOLN CITY, OR   97367
9670   GULFPORT, MS   GULFPORT FACTORY SHOPS   10737 FACTORY SHOPS BOULEVARD     GULFPORT, MS   39503
9674   BURBANK, OH   PRIME OUTLETS AT LODI   9911 AVON LAKE ROAD, STE 315     BURBANK, OH   44214
9676   GONZALES, LA   TANGER OUTLET   2400 TANGER BOULEVARD, STE 152     GONZALES, LA   70737
9677   BOSSIER CITY, LA   LOUISIANA BOARDWALK   640 BOARDWALK BLVD     BOSSIER CITY, LA   71111
9680   TULARE, CA   HORIZON OUTLET CENTER - TULARE   1483 RETHERFORD STREET   D040   TULARE, CA   93274
9683   JACKSON, NJ   JACKSON OUTLET CENTER   537 MONMOUTH RD, SPACE 322     JACKSON, NJ  
9685   COMMERCE, CA   CITADEL OUTLETS   100 CITADEL DRIVE, SUITE 660     COMMERCE, CA   90040
9686   MICHIGAN CITY, IN   LIGHTHOUSE PLACE PREMIUM OUTLE   1740 LIGHTHOUSE PLACE   UNIT Q040   MICHIGAN CITY, IN   46360
9687   GILROY, CA   GILROY PREMIUM OUTLETS   8155 ARROYO CIRCLE, SPACE #A018     GILROY, CA   95020
9689   ALLEN, TX   ALLEN PREMIUM OUTLETS   820 WEST STACY ROAD, SUITE 330     ALLEN, TX   75013
9690   LAUGHLIN, NV   HORIZON OUTLET CENTER   1955 SOUTH CASINO DRIVE, SUITE 207     LAUGHLIN, NV   89029
9701   WOODLAND HILLS, CA     6433 CANOGA AVE     WOODLAND HILLS, CA   91367-
9702   PHOENIX, AZ     2860 W. PEORIA AVENUE     PHOENIX, AZ   85029-
9703   LAWNDALE, CA     16129 S. HAWTHORNE BLVD #F     LAWNDALE, CA   90260-
9704   DALY CITY, CA   ALTO SERRAMONTE SHOPPING CENTR   350 GILBERT BOULEVARD     DALY CITY, CA   94015
9705   SAN JOSE, CA   STEVEN'S CREEK BLVD.   3136 STEVEN'S CREEK BLVD.     SAN JOSE, CA   95117
9706   UPLAND, CA   MOUNTAIN SQ. SHOPPING CENTER   358/366 S. MOUNTAIN AVE     UPLAND, CA   91786-
9708   PLEASANT HILL, CA     675 CONTRA COSTA BLVD.     PLEASANT HILL, CA   94523
9709   EMERYVILLE, CA     1151 40TH STREET     EMERYVILLE, CA   94608-
9710   SACRAMENTO, CA   MARKET SQUARE   1745 & 1749A ARDEN WAY     SACRAMENTO, CA   95815-
9711   DUBLIN, CA     8000 AMADOR VALLEY BLVD.     DUBLIN, CA   94568-
9712   SALINAS, CA   NORTHRIDGE MALL   776 NORTHRIDGE MALL     SALINAS, CA   93906-
9713   MODESTO, CA     3200 SISK ROAD #G     MODESTO, CA   95356-
9714   FRESNO, CA   CIRCUT CITY SHOPPING CENTER   5048 N. BLACKSTONE AVE     FRESNO, CA   93710-
9715   SAN BERNARDINO, CA     798 INLAND CENTER DRIVE     SAN BERNARDINO, CA   92408
9716   PHOENIX, AZ   CAMELBACK COLONNADE   1945 E. CAMELBACK ROAD   SUITE D2   PHOENIX, AZ   85016-
9717   PHOENIX, AZ   VILLAGE FAIR SHOPPING CENTER   12847 N. TATUM BLVD.     PHOENIX, AZ   80532-
9718   SANTA ROSA, CA     1911 SANTA ROSA AVENUE     SANTA ROSA, CA   95407-
9719   PASADENA, CA   HASTING RANCH PLAZA   3867 FOOTHILL BOULEVARD     PASADENA, CA   91107-
9720   HENDERSON, NV   SUNSET PLAZA   1152 W. SUNSET RD     HENDERSON, NV   89014-

STORE

 

LANDLORD

 

ADDRESS 1

 

ADDRESS 2

 

CITY

 

STATE

 

ZIP CODE

9530   L.C. JULIAN     P.O. BOX 2610   GREENVILLE   SOUTH CAROLINA   29602
9531   FIRST PALMER TRUST   IAP COMPANY, LLC   PO BOX 23489   COLUMBIA   SOUTH CAROLINA   29224-3489
9533   D-SHARON CORP 1,a FLORIDA CORP   5004 EAST FOWLER AVE.   SUITE E   TAMPA   FLORIDA   33617
9534   STRATIS CORP   PARK & MOUNTAIN AVENUES     SCOTCH PLAINS   NEW JERSEY   07076
9540   MANHATTAN SKYLINE MANAGEMENT CORP   103 WEST 55TH STREET     NEW YORK   NEW YORK   10019
9541   CP PEMBROKE PINES, LLC   COLONIAL PROPERTIES TRUST/290501-010855   950 MARKET PROMENADE AVE, STE 2200   LAKE MARY   FLORIDA   32746
9542   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9545   NOLAN E. AND PAUL MANZIEL   P.O. BOX 6005   110 WEST EIGHT ST   TYLER   TEXAS   75711
9546   ARIEL PREFERRED RETAIL GROUP LLC   3206 IRONBOUND RD   SUITE E   WILLIAMSBURG   VIRGINIA   23188
9551   KIMCO CORP, THE   3194 SFLL0120/LCASUMA00   3333 NEW HYDE PARK ROAD   NEW HYDE PARK   NEW YORK   11042
9553   CRAIG REALTY GROUP-CONROE, LP   ATTN: LEASE ADM & GEN COUNSEL   1500 QUAIL ST. SUITE 100   NEWPORT BEACH   CALIFORNIA   92660
9554   ROUTE 40 LP   ROBERT BEGELMAN-C/O   15942 SHADY GROVE ROAD   GAITERSBURG   MARYLAND   20877
9556   EDENS & AVANT PROPERTIES, LP   900 NATIONS BANK PLAZA 1901 MAIN ST   PO BOX 528   COLUMBIA   SOUTH CAROLINA   29202
9557   TRUMBULL CORP   1020 LEBANON ROAD     WEST MIFFLIN   PENNSYLVANIA   15122
9558   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9564   WESTWOOD PLAZA LIMITED PARTNERSHIP   MONTCLAIR PROFESSIONAL CENTER   13057 W CENTER ROAD   OMAHA   NEBRASKA   68144-3790
9566   CRAIG REALTY GROUP-LOVELAND, LLC   ATTN:MANAGER-LEASE ADM&GENERAL COUNSEL   1500 QUAIL STREET, SUITE 100   NEWPORT BEACH   CALIFORNIA   92660
9567   RICHARD J. SCHILDHORN, TRUSTEE   C/O SRA INVESTMENTS, INC.   4140 N.W. 60TH CIRCLE   BOCA RATON   FLORIDA   33496
9568   PATCHO REALTY   222 GRAND AVE     ENGLEWOOD   NEW JERSEY   07631
9569   LARRY BREEDEN     PO BOX 664   VAN BUREN   ARKANSAS   72957
9571   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9573   PLAZA AT BUCKHILLS, LLC   SIMON PROPERTY GROUP   225 W. WASHINGTON STREET   INDIANAPOLIS   INDIANA   46204-3438
9574   INLAND COMMERICAL PROP MGMT, INC     2901 BUTTERFIELD ROAD   OAK BROOK   ILLINOIS   60521
9576   CPG PARTNERS, L.P.   CHELSEA PROPERTY GROUP, INC   105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9577   CENTRO HERITAGE UC GREENVILLE LLC   580 WEST GERMANTOWN PIKE   SUITE 200   PLYMOUTH MEETING   PENNSYLVANIA   19462
9581   BROOKHILL MANAGEMENT CORPORATION     501 MADISON AVENUE   NEW YORK   NEW YORK   10022
9583   ACCREDITED AUTOBALE CORP     235 N. ROUTE 73   WEST BERLIN   NEW JERSEY   08091
9584   PEARLE VISION, INC.     1925 ENTERPRISE PARKWAY   TWINSBURG   OHIO   44087
9585   TANGER PROPERTIES LIMITED PARTNERSHIP   PO BOX 10889   3200 NORTHLINE AVENUE SUITE 360   GREENSBORO   NORTH CAROLINA   27404
9586   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9587   METROPLEX ASSET MANAGEMENT CO   BETTY HALL-C/O   PO BOX 33715   DENVER   COLORADO   80233-0715
9588   CHELSEA GCA REALTY PTN, LP     105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9589   ROANOKE VENTURE, LLC   SUITE 525   1447 PEACHTREE STREET, NE   ATLANTA   GEORGIA   30309
9591   WCK LIMITED PARTNERSHIP   CONSOLIDATED STORES   101 HURLBURT ROAD   SYRACUSE   NEW YORK   13224
9592   J-MAR PROPERTIES, LLC     5301 SCOTTSVILLE ROAD   BOWLING GREEN   KENTUCKY   42104-7820
9595   CENTRO HERITAGE COUNTY LINE LLC   580 GERMANTOWN PIKE   SUITE 200   PLYMOUTH MEETING   PENNSYLVANIA   19462
9596   TAMARACK VILLAGE SC, LP   ROBERT MUIR CO   7650 EDINBOROUGH WAY SUITE 375   EDINA   MINNESOTA   55435
9598   STOLTZ MANAGEMENT COMPANY   725 CONSHOHOCKEN STATE ROAD     BALA CYNWYD   PENNSYLVANIA   19004
9601   RIO ASSOCIATES LTD PTN   DUMBARTON PROPERTIES INC   7113 STAPLES MILL RD POB 9462   RICHMOND   VIRGINIA   23228
9602   M&M BRUCKNER LLC     498 SEVENTH AVE -20TH FL   NEW YORK   NEW YORK   10018
9604   ROCKSIDE, LLC     9501 BLACKHAWK ROAD   MIDDLETON   WISCONSIN   53562
9605   TANGER PROPERTIES LIMITED PARTNERSHIP   3200 NORTHLINE AVE   SUITE 360   GREENSBORO   NORTH CAROLINA   27408
9606   GM OLATHE, LLC   GLIMCHER PROPERTIES LP   150 EAST GAY STREET   COLUMBUS   OHIO   43215
9610   SUNIL PURI, LLC   FIRST ROCKFORD GROUP, INC   6801 SPRING CREEK RD   ROCKFORD   ILLINOIS   61114
9612   GULF COAST COMMERCIAL MANAGEMENT, INC     3120 ROGERDALE #150   HOUSTON   TEXAS   77042
9613   SPRINT   6391 SPRINT PKWY.   KSOPHT0101-Z2000/LEASE ADMINISTRATION   OVERLAND PARK   KANSAS   66251-2000
9614   TANGER PROPERTIES LIMITED PARTNERSHIP   PO BOX 10889   3200 NORTHLINE AVENUE SUITE 360   GREENSBORO   NORTH CAROLINA   27404
9615   TANGER PROPERTIES LIMITED PARTNERSHIP   PO BOX 10889   3200 NORTHLINE AVENUE SUITE 360   GREENSBORO   NORTH CAROLINA   27404
9616   TANGER PROPERTIES LIMITED PARTNERSHIP   PO BOX 10889   3200 NORTHLINE AVENUE SUITE 360   GREENSBORO   NORTH CAROLINA   27404
9617   CUSA, LLC   TIC OWNERS, LLC   114 TOWNPARK DRIVE, SUITE #175   KENNESAW   GEORGIA   30144
9618   BENDERSON-WAINBERG ASSOCIATES, LP   DEVELOPERS DIVERSIFIED REALTY CORP   3300 ENTERPRISE PARKWAY   BEACHWOOD   OHIO   44122
9620   S. CLARK BUTLER PROPERTIES, LTD   2306 SW 13TH ST., SUITE 1206   PO BOX 1122   GAINESVILLE   FLORIDA   32602
9621   RREEF MANAGEMENT COMPANY   1406 HALSEY WAY   SUITE 110   CARROLLTON   TEXAS   75007
9622   DAVIS-CREIGHTON CORP.     5004 EAST FOWLER AVE, SUITE E   TAMPA   FLORIDA   33617
9623   NAI COHEN-ESREY     PO BOX 26488   KANSAS CITY   MISSOURI   64196
9624   COMMERCE GROUP, INC.   1280 W. NEWPORT CENTER DRIVE     DEERFIELD BEACH   FLORIDA   33442
9625   COVENTRY DEVELOPMENT CORPORATION   1041 THIRD AVE   2ND FLOOR   NEW YORK   NEW YORK   10021
9626   CHELSEA GCA REALTY, PARTNERSHIP, LP   105 EISENHOWER PARKWAY   TENANT #WRE-B&T   ROSELAND   NEW JERSEY   07068
9627   CPG PARTNERS, L.P.   CHELSEA PROPERTY GROUP, INC   105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9629   CPG PARTNERS, LP   C/O CHELSEA PROPERTY GROUP, INC.   105 EISENHOWER PKWY   ROSELAND   NEW JERSEY   07068
9630   TANGER PROPERTIES LIMITED PARTNERSHIP   3200 NORTHLINE AVE   SUITE 360   GREENSBORO   NORTH CAROLINA   27408
9631   CPG FINANCE I LLC   CPG PARTNERS, LP   105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9632   CHELSEA PROPERTY GROUP, INC   ATTN: THOMAS ANDES   105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9633   TANGER PROPERTIES LIMITED PARTNERSHIP   PO BOX 10889   3200 NORTHLINE AVENUE SUITE 360   GREENSBORO   NORTH CAROLINA   27404
9635   DELANCEY GETTYSBURG ASSOCIATES LP   GETTYSBURG VILLIAGE FACTORY STORES MGMT   1863 GETTYSBURG VILLAGE DRIVE   GETTYSBURG   PENNSYLVANIA   17325
9636   CHELSEA GCA REALTY PTN, LP     105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9640   CHELSEA GCA REALTY PTN, LP     105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9642   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9643   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9644   TANGER PROPERTIES LIMITED PARTNERSHIP   3200 NORTHLINE AVE   SUITE 360   GREENSBORO   NORTH CAROLINA   27408
9646   CHELSEA GCA REALTY PTN, LP     105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9662   WYANDOTTE CENTER   P.O. BOX 09601   3016 MARYLAND AVE   COLUMBUS   OHIO   43209
9664   MILL CIRCLE PARTNERS, LLC     23 CORPORATE PLAZA #247   NEWP0RT BEACH   CALIFORNIA   92660
9665   CPG PARTNERS, L.P.   CHELSEA PROPERTY GROUP, INC   105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9668   TANGER PROPERTIES LIMITED PARTNERSHIP   3200 NORTHLINE AVE   SUITE 360   GREENSBORO   NORTH CAROLINA   27408
9669   TANGER PROPERTIES LIMITED PARTNERSHIP   3200 NORTHLINE AVE   SUITE 360   GREENSBORO   NORTH CAROLINA   27408
9670   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9674   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9676   TANGER PROPERTIES LIMITED PARTNERSHIP   3200 NORTHLINE AVE   SUITE 360   GREENSBORO   NORTH CAROLINA   27408
9677   LOUISIANA RIVERWALK LLC   O&S HOLDINGS, LLC - ATTN: GARY M. SAFADY   3130 WILSHIRE BLVD, 2ND FL   SANTA MONICA   CALIFORNIA   90403
9680   ARIEL PREFERRED RETAIL GROUP LLC   3206 IRONBOUND RD   SUITE E   WILLIAMSBURG   VIRGINIA   23188
9683   CPG PARTNERS, L.P.   CHELSEA PROPERTY GROUP, INC   105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9685   CRAIG REALTY GROUP   1500 QUAIL STREET   SUITE 100   NEWPORT BEACH   CALIFORNIA   92660
9686   CHELSEA PROPERTY GROUP     105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9687   CHELSEA GCA REALTY PTN, LP     105 EISENHOWER PARKWAY   ROSELAND   NEW JERSEY   07068
9689   CHELSEA ALLEN DEVELOPMENT   105 EISENHOWER PARKWAY     ROSELAND   NEW JERSEY   07068
9690   ARIEL PREFERRED RETAIL GROUP LLC   3206 IRONBOUND RD   SUITE E   WILLIAMSBURG   VIRGINIA   23188
9701   PACIFIC/YOUNGMAN WOODLAND HILL   PACIFIC DEVELOPMENT GROUP   1 CORPORATE PLAZA   NEWPORT BEACH   FLORIDA   92658
9702   GOLDBERG & OSBORNE   4707 EAST BELL ROAD   SUITE 1   PHOENIX   ARIZONA   85032
9703   MIRACLE PROPERTIES LTD     8484 WILSHIRE BLVD, SUITE 725   BEVERLY HILLS   CALIFORNIA   90211-3270
9704   EDM REALTY CORP   EDM INVESTMENTS   665 DAVIS STREET   SAN FRANCISCO   CALIFORNIA   94111
9705   ROBERT BERRY, ET ALS   P.O. BOX 9112     SAN JOSE   CALIFORNIA   95157
9706   PAN PACIFIC RETAIL PROPERTIES, INC   1631 B SOUTH MELROSE DRIVE   ATTN: CHARLES SULLIVAN, P.M.   VISTA   CALIFORNIA   92081
9708   KRAUSZ FAMILY TRUST   THE KRAUSZ COMPANIES, INC   44 MONTGOMERY ST., SUITE 3300   SAN FRANCISCO   CALIFORNIA   94104
9709   CATELLUS FINANCE 1, LLC   PROLOGIS   4545 AIRPORT WAY   DENVER   COLORADO   80239
9710   F & M PARTNERSHIP   1530 J. STREET   SUITE 200   SACRAMENTO   CALIFORNIA   95814-2053
9711   GROWERS 24 & LOREN THOMPSON   C/O K&S COMPANY, INC   1035 SAN PABLO AVE., SUITE 12   ALBANY   CALIFORNIA   94706
9712   MACERICH PROPERTY MANAGEMENT CO, LLC   MACERICH BRISTOL ASSOC & NORTHRIDGE FAS*   401 WILSHIRE BLVD STE 700   SANTA MONICA   CALIFORNIA   90401
9713   BELCO DEVELOPMENT & INVESTMENT   P.O. BOX 727     TEMECULA   CALIFORNIA   92593
9714   MANCO ABBOT, INC   PO BOX 9440     FRESNO   CALIFORNIA   93792-9440
9715   H/INLAND ENTERPRISES   WAGNER & SCUDERI   15315 MAGNOLIA BLVD.   SHERMAN OAKS   CALIFORNIA   91403
9716   CAMELBACK COLONNADE ASSOC LTD   WESTCOR PARTNERS/THE MACERICK CO.   11411 NORTH TATUM BLVD   PHOENIX   ARIZONA   85028-2399
9717   WESTCOR PARTNERS   PARADISE VILLAGE INVESTMENT CO   11411 N TATUM BLVD   PHOENIX   ARIZONA   85028-2399
9718   VEALE INVESTMENT PROP   KIRK VEAL-C/O   100 EAST ST, SUITE 101   SANTA ROSA   CALIFORNIA   95404
9719   HASTINGS RANCH SHOPPING CENTER, L.P.   RIVIERA CENTER MANAGEMENT COMPANY   1815 VIA EL PRADO, SUITE 300   REDONDO BEACH   CALIFORNIA   90277
9720   MANDAN INVESTMENT GROUP, LLC   COOPER PROPERTIES   1112 MONTANA AVE #720   SANTA MONICA   CALIFORNIA   90403


Exhibit 4.5

Locations, Leases and Landlords

 

 

STORE

 

LOCATION

 

CENTER NAME

 

ADDRESS 1

 

ADDRESS 2

 

CITY, ST

  ZIP CODE
9721   BAKERSFIELD, CA     3699 MING AVE     BAKERSFIELD, CA   93309-
9722   TUCSON, AZ     5700 E. BROADWAY     TUCSON, AZ   85711-
9723   SANTA ANA, CA   METRO TOWN SQUARE   3638 SOUTH BRISTOL STREET     SANTA ANA, CA   92704-
9724   ORANGE, CA     1302 N. TUSTIN STREET     ORANGE, CA   92667-
9726   LAS VEGAS, NV     1705 S. DECATUR BLVD.     LAS VEGAS, NV   89102-
9727   STOCKTON, CA     5756 PACIFIC AVENUE     STOCKTON, CA   95207
9728   TACOMA, WA   METRO PLAZA   2220 S. 37TH STREET, SUITE#8     TACOMA, WA   98409-
9729   LOS ALTOS, CA     4898 EL CAMINO REAL     LOS ALTOS, CA   94022-
9730   BELLEVUE, WA   STERNCO CENTER   14725 NORTH EAST 20TH AVE     BELLEVUE, WA   98007-
9731   LAS VEGAS, NV   MARYLAND CROSSINGS   3993 S. MARYLAND CROSSINGS #101     LAS VEGAS, NV   89119-
9732   FULLERTON, CA     1620 S. HARBOR BLVD., SUITE A     FULLERTON, CA   92632-
9733   SAN JOSE, CA     K-MART CTR/882 BLOSSOM HILL RD     SAN JOSE, CA   95123-
9734   AUBURN, WA   SUPERMALL OF THE GREAT N-WEST   1101 SUPERMALL WAY     AUBURN, WA   98001-
9735   BEAVERTON, OR     8705 SOUTH WEST HALL BLVD     BEAVERTON, OR   97008-
9736   WEST COVINA, CA     330 SOUTH VINCENT AVE.     WEST COVINA, CA   91790-
9737   SAN LEANDRO, CA     15099 HESPERIAN BLVD     SAN LEANDRO, CA   94578-
9738   LOS ANGELES, CA     1845 WESTWOOD BLVD     LOS ANGELES, CA   90025-
9739   TUCSON, AZ     4055 NORTH ORACLE ROAD #101     TUCSON, AZ   85705-
9742   SPOKANE, WA*   THE GREAT MALL OF THE BAY AREA   N-6010 DIVISION ST     SPOKANE, WA*   99208-
9743   TRACY, CA   TRACY OUTLET CENTER   1005 PESCADARO AVE-SUITE 179     TRACY, CA   95376-
9744   PALM DESERT, CA     72216 HIGHWAY 111, STE F5,F6     PALM DESERT, CA   92260-
9745   LAKE ELSINORE, CA   LAKE ELSINORE OUTLETS   17600 COLLIER AVENUE SUITE H184     LAKE ELSINORE, CA   92530
9746   LAKEWOOD, CA   LAKEWOOD SQUARE S C   5195 LAKEWOOD BLVD     LAKEWOOD, CA   90712-
9747   SAN DIEGO, CA   ROSECRANS CTR   2990 MIDWAY DRIVE     SAN DIEGO, CA   92110-
9748   CULVER CITY, CA     5592 S. SEPULVEDA BLVD.     CULVER CITY, CA   90230
9752   PORTLAND, OR   JANTZEN BEACH SUPERCENTER   1416 JANTZEN BEACH CENTER     PORTLAND, OR   97217
9753   FREMONT, CA     39121 FREMONT BOULEVARD     FREMONT, CA   94538
9756   VICTORVILLE, CA     12544-B AMARGOSA ROAD     VICTORVILLE, CA   92392
9757   SALEM, OR     1132 LANCASTER DRIVE, NE     SALEM, OR   97301
9759   SACRAMENTO, CA     6160 FLORIN ROAD - SUITE B     SACRAMENTO, CA   95823
9760   TEMPE, AZ   ARIZONA MILLS   5000 ARIZONA MILLS CIRCLE   SUITE 613   TEMPE, AZ   85282
9761   RENO, NV     5595 SOUTH VIRGINIA STREET - SUITE A     RENO, NV   89502
9768   VALENCIA, CA   VALENCIA MARKETPLACE SC   25640 THE OLD ROAD     VALENCIA, CA   91381
9769   KENNESAW, GA   MAIN STREET AT TOWN CENTER   440 BARRETT PARKWAY, SUITE 17     KENNESAW, GA   30144
9775   JONESBORO, AR   HIGHLAND SQUARE SC   2108 SOUTH CARAWAY     JONESBORO, AR   72401
9777   INDEPENDENCE, MO   MARKETPLACE SHOPPING CENTER   14300 EAST 42ND AVENUE     INDEPENDENCE, MO   64055
9778   CHANDLER, AZ   CHANDLER FESTIVAL   2560 WEST CHANDLER BOULEVARD, SUITE 5     CHANDLER, AZ   85224
9780   FLORENCE, KY   VILLAGE AT THE MALL   7634 MALL ROAD     FLORENCE, KY   41042
9782   FAYETTEVILLE, NC     1916 SKIBO ROAD, SUITE 341     FAYETTEVILLE, NC   28314-
9783   WINSTON-SALEM, NC   SILAS CREEK CROSSING SC   3272 SILAS CREEK PARKWAY     WINSTON-SALEM, NC   27103
9787   LONG BEACH, CA   LONG BEACH TOWNE CENTER   7601 CARSON BOULEVARD     LONG BEACH, CA   90808
9788   NORTH ATTLEBORO, MA   NORTH ATTLEBORO MARKETPLACE   1400 SOUTH WASHINGTON STREET     NORTH ATTLEBORO, MA   02760
9789   OXNARD, CA     301 W. ESPLANADE DRIVE     OXNARD, CA   93030
9790   WEST HARTFORD, CT   CORBINS CORNER   1457 NEW BRITAIN AVENUE     WEST HARTFORD, CT   06110
9791   COLUMBIA, MO   CROSSROADS WEST SC   2101 W. BROADWAY     COLUMBIA, MO   65203
9792   DAVENPORT, IA   VILLAGE SC   902 WEST KIMBERLY ROAD     DAVENPORT, IA   52806
9793   MARION, IA   COLLINS ROAD SQUARE   1392 TWIXT TOWN ROAD     MARION, IA   52302
9794   JACKSON, TN   JACKSON PLAZA SC   50 OLD HICKORY EAST BLVD.     JACKSON, TN   38305
9796   SEATTLE, WA   AURORA SQUARE   15819 WESTMINSTER WAY NORTH     SEATTLE, WA   98133
9797   RIVERSIDE, CA   OFF THE MALL   10113 HOLE AVENUE     RIVERSIDE, CA   92503
9798   EL CAJON, CA   HACIENDA SQUARE SC   700 N. JOHNSON AVENUE, SUITE 1     EL CAJON, CA   92020
9799   SOUTH CHARLESTON, WV   TRACE FORK SHOPPING CENTER   90 RHL BOULEVARD     SOUTH CHARLESTON, WV   25309
9800   LONE TREE, CO     9078 WESTVIEW ROAD   STE 100   LONE TREE, CO   80124
9801   LARGO, FL     10359 ULMERTON ROAD     LARGO, FL   33771
9802   WYOMISSING, PA   BROADCASTING SQUARE SC   2733 PAPERMILL ROAD, STE X-15     WYOMISSING, PA   19610
9804   WATERBURY, CT     945 WOLCOTT STREET     WATERBURY, CT   06705
9805   FAIRLAWN, OH   SHOPS OF FAIRLAWN   3737 WEST MARKET STREET, UNIT L     FAIRLAWN, OH   44333
9806   SHENANDOAH, TX   PORTOFINO SHOPPING CENTER   19075 INTERSTATE 45 SOUTH, STE 400     SHENANDOAH, TX   77385
9807   PASADENA, TX   FAIRWAY CENTRE   5579 FAIRMONT PARKWAY     PASADENA, TX   77505
9808   CHICAGO, IL   RIVERPOINT CENTER   1730 WEST FULLERTON AVENUE, UNIT 22     CHICAGO, IL   60614
9809   LARGO, MD   BOULEVARD AT THE CAPITAL   900 CAPITAL CENTER BLVD, UNIT G     LARGO, MD   20774
9810   ST. CHARLES, IL   RANDALL BRICHER CENTER   962 SOUTH RANDALL ROAD, UNITE B     ST. CHARLES, IL   60174
9811   STUART, FL     2790 NW FEDERAL HIGHWAY     STUART, FL   34994
9812   CHICAGO, IL   CHATHAM VILLAGE SQUARE   8658 SOUTH COTTAGE GROVE AVENUE     CHICAGO, IL   60619
9813   PHILADELPHIA, PA   QUARTERMASTER PLAZA   2306 WEST OREGON AVENUE, SPACE F-3     PHILADELPHIA, PA   19145
9814   ROSEVILLE, CA   CREEKSIDE TOWN CENTER   1208 GALLERIA BOULEVARD, STE 150     ROSEVILLE, CA   95678
9815   BOCA RATON, FL   SOMERSET SHOPPES   8903 GLADES ROAD, BAY #L-5/6     BOCA RATON, FL   33434
9816   EAST RUTHERFORD, NJ     89 ROUTE 17 SOUTH     EAST RUTHERFORD, NJ   07073
9817   TAMPA, FL     8015 CITRUS PARK DRIVE     TAMPA, FL   33625
9818   SKOKIE, IL   SKOKIE FASHION SQUARE   9410-A SKOKIE BOULEVARD     SKOKIE, IL   60077
9819   MOBILE, AL   LLANFAIR SHOPPING CENTER   3750 AIRPORT BOULEVARD     MOBILE, AL   36608
9820   KANSAS CITY, MO   BARRY TOWNE   8401A NORTH MERCIER STREET     KANSAS CITY, MO   64155
9821   LYNNWOOD, WA   ALDERWOOD PARKWAY RETAIL BLDG   19220 ALDERWOOD MALL PARKWAY, STE 130     LYNNWOOD, WA   98036
9822   CHESTERFIELD, MO   CHESTERFIELD COMMONS VILLAGE   17227 CHESTERFIELD AIRPORT ROAD, #203     CHESTERFIELD, MO   63005
9823   ALBUQUERQUE, NM   PLAZA AT COTTONWOOD   10260 COORS BYPASS NW, SUITE B     ALBUQUERQUE, NM   87114
9826   HAZLET, NJ     2872 HIGHWAY 35 SOUTH     HAZLET, NJ   07730
9828   TEMECULA, CA   PROMENADE MALL   40620 WINCHESTER ROAD, SUITE A     TEMECULA, CA   92591-
5504
9829   GREENSBURG, PA   WESTMORELAND MALL   5240 ROUTE 30     GREENSBURG, PA   15601
9831   MANCHESTER, NH   TJ MAXX PLAZA   18 MARCH AVENUE     MANCHESTER, NH   03103
9832   WACO, TX   CENTER TEXAS MARKETPLACE   2448 WEST LOOP 340, SUITE 27     WACO, TX   76711
9833   EUGENE, OR   VALLEY RIVER CENTER   1125-A VALLEY RIVER DRIVE     EUGENE, OR   97401
9834   PALMDALE, CA   AMARGOSA COMMONS   39445 10TH STREET WEST, SUITE E     PALMDALE, CA   93551
9835   HYANNIS, MA   CAPETOWN PLAZA   790 IYANOUGH RD., SUITE 22A     HYANNIS, MA   02601
9837   SAN FRANCISCO, CA     570 MARKET STREET     SAN FRANCISCO, CA   94104-
5401
9838   BOSTON, MA     419 WASHINGTON STREET     BOSTON, MA   02108
9840   METAIRIE, LA     3750 VETERANS MEMORIAL BLVD     METAIRIE, LA   70002-
9841   FORT LAUDERDALE, FL   WALGREENS PLAZA   2365 NE 26TH STREET     FORT LAUDERDALE, FL   33305
9842   DOWNEY, CA   DOWNEY LANDING   12136 LAKEWOOD BOULEVARD     DOWNEY, CA   90242
9843   TUKWILA, WA     17401 SOUTHCENTER PARKWAY, SUITE 141     TUKWILA, WA   98188
9844   ORLANDO, FL   TOWERS OF WATERFORD LAKES   464 N. ALAFAYA TRAIL, SUITE 108     ORLANDO, FL   32828

 

STORE

 

LANDLORD

 

ADDRESS 1

 

ADDRESS 2

 

CITY

 

STATE

  ZIP CODE
9721   MING PLAZA ASSOCIATES, LLC   121 SPEAR STREET   SUITE 250   SAN FRANCISCO   CALIFORNIA   94105
9722   SCHEFF, SUSAN/S LEONARD TRUST   800 NO. SWAN RD. - STE. 110     TUCSON   ARIZONA   85711
9723   METRO TOWN SQUARE, LLC     3719 SOUTH PLAZA DRIVE   SANTA ANA   CALIFORNIA   92704
9724   NEWELL LILJENQUIST   LILJENQUIST FAMILY TRUST   PO BOX 5544   ORANGE   CALIFORNIA   92863
9726   PAUL & HAYA REISBORD   4540 NOELINE WAY     ENCINO   CALIFORNIA   91436
9727   STONE BROTHERS & ASSOC     1024 W ROBINHOOD DR   STOCKTON   CALIFORNIA   95207
9728   METRO PLAZA ASSOCIATES   3620 100th St. SW #A   PO BOX 98922   LAKEWOOD   WASHINGTON   98498
9729   LOUIS & PEGGY GUNDUNAS   2910 COURT OF SAN MARCO     HALF MOON BAY   CALIFORNIA   94019-1335
9730   STERNCO CENTER   13541 SE 26TH STREET     BELLEVUE   WASHINGTON   98005
9731   SUMMIT SECURITIES LLC   1770 N. BUFFALO DRIVE   #101   LAS VEGAS   NEVADA   89128
9732   HARBOR 91 FREEWAY PTN     1614 S HARBOR BLVD   FULLERTON   CALIFORNIA   92832
9733   SAMPSON FAMILY TRUST   8225 Vineyard Dr.   PO BOX 1887   PASO ROBLES   CALIFORNIA   93446
9734   GLIMCHER SUPERMALL VENTURE LLC   GLIMCHER PROPERTIES LP/ GENERAL COUNSEL   150 EAST GAY STREET   COLUMBUS   OHIO   43215
9735   HALL BLVD.INVESTORS an OREGON   JOINT VENTURE   520 SW YAMHILL SUITE 444   PORTLAND   OREGON   97201
9736   VERNON L. WILLIAMS   35391 CAMINO CAPISTRANO BEACH     CAPISTRANO   CALIFORNIA   92624
9737   HALCYON PLACE L.P.   3650 MT. DIABLO BLVD STE 103   PO BOX 1059   LAFAYETTE   CALIFORNIA   94549
9738   10860 SANTA MONICA LLC     10680 W. PICO BLVD., SUITE 315   LOS ANGELES   CALIFORNIA   90064
9739   RICK MCGARREY   2920 N. SANTA ROSA PLACE     TUCSON   ARIZONA   85712
9742   POLAR ENTERPRISES, LLC     5426 S. QUAIL RIDGE CIRCLE   SPOKANE   WASHINGTON   99223-6386
9743   PRIME RETAIL, LP   217 EAST REDWOOD STREET   20TH FLOOR   BALTIMORE   MARYLAND   21202
9744   REALTY TRUST GROUP, INC   32-395 CLINTON KEITH RD   SUITE B-11   WILDOMAR   CALIFORNIA   92595
9745   CASTLE & COOKE LAKE ELSINORE OUTLET CENTERS, INC   ATTN: LEASE ADMINISTRATOR   10,000 STOCKDALE HIGHWAY, STE 300   BAKERSFIELD   CALIFORNIA   93311
9746   LAKEWOOD ASSOCIATES, LLC   DJM CAPITAL PARTNERS/ATTN: ERIC SAHN   60 S. MARKET STREET - SUITE 1120   SAN JOSE   CALIFORNIA   95113
9747   WELLS FARGO BANK, NA   333 S. GRAND AVE SUITE 700   MAC 2064-072   LOS ANGELES   CALIFORNIA   90017
9748   ROBERT H. THOMPSON   TRUSTEE OF THE THOMPSON FAMILY   6317 W. SLAUSON AVENUE   CULVER CITY   CALIFORNIA   90230
9752   MADISON MARQUETTE RETAIL SERVICES, INC   MGMT AGENT FOR JANZEN BEACH SUPERCENTER   1405 JANZEN BEACH CENTER   PORTLAND   OREGON   97217
9753   KIMCO REALTY   23 MAUCHLY , SUITE 100   ATTN: WINSTON WOO   IRVING   CALIFORNIA   92618
9756   DIVERSIFIED INVESTMENT COMPANY   30240 RANCH VIEJO ROAD   SUITE B   SAN JUAN CAPISTRANO   CALIFORNIA   92675
9757   ACADEMY SQUARE LLC   TED DURANT AND ASSOCIATES   7360 SW HUNZIKER ST., SUITE 200   TIGARD   OREGON   97223
9759   G&S PROPERTIES     18 SUNNYSIDE LANE   ORINDA   CALIFORNIA   94563
9760   MILLS CORPORATION   1300 WILSON BLVD   SUITE 400   ARLINGTON   VIRGINIA   22209
9761   SHANKER NEVADA LLC   EUGENE BURGER MANAGEMENT CORP.   5011 MEADOWOOD MALL WAY, SUITE 200   RENO   NEVADA   89502
9768   VALENCIA MARKETPLACE I, LLC   101 N. WESTLAKE BLVD #201     WESTLAKE VILLAGE   CALIFORNIA   91362
9769   METROPOLITAN LIFE INS. CO.   URBAN RETAIL PROPERTIES CO.   440 ERNEST BARRETT PARKWAY   KENNESAW   GEORGIA   30144
9775   PHILLIPS INVESTMENTS INC.   P.O. BOX 19298   3406 STADIUM BLVD.   JONESBORO   ARKANSAS   72402
9777   BRADLEY OPERATING LIMITED PARTNERSHIP   HERITAGE REALTY MANAGEMENT, INC   131 DARTMOUTH STREET   BOSTON   MASSACHUSETTS   02116-5134
9778   WESTCOR PARTNERS   11411 NORTH TATUM BOULEVARD     PHOENIX   ARIZONA   85028-2399
9780   NORTH AMERICAN PROPERTIES   212 EAST THIRD STREET   SUITE 300   CINCINNATI   OHIO   45202
9782   GULFSIDE DEVELOPMENT COMPANY, INC     6100 SW 76 STREET   SO. MIAMI   FLORIDA   33143
9783   ZARENBA GROUP, LLC   14600 DETROIT AVE.   SUITE 1500   LAKEWOOD   OHIO   44107
9787   VESTAR PROPERTY MANAGEMENT   2425 E. CAMELBACK RD   SUITE 750   PHOENIX   ARIZONA   85016
9788   NORTH ATTLEBORO MARKETPLACE III, LLC   CARPIONATO PROPERTIES, INC   1414 ATWOOD AVENUE   JOHNSTON   RHODE ISLAND   02919
9789   CENTRO WATT PROPERTY OWNER I, LLC   ATTN: OPERATIONS DIVISION   2716 OCEAN PARK BLVD., SUITE 2005   SANTA MONICA   CALIFORNIA   90405
9790   FW CT-CORBINS CORNER SHOPPING CENTER, LLC   REGENCY CENTERS CORP/ATTN LEGAL DEPT   121 W. FORSYTH ST., SUITE 200   JACKSONVILLE   FLORIDA   32202
9791   RAUL WALTER PROPERTIES   1021 ASHLAND ROAD   UNIT 601   COLUMBIA   MISSOURI   65201
9792   DAVENPORT CENTER LIMITED PARTNERS   CHASE PROPERTIES LTD   25825 SCIENCE PARK DRIVE SUITE 355   BEECHWOOD   OHIO   44122
9793   DAVIS REALTY COMPANY   1751 28TH STREET   SUITE 326   WEST DES MOINES   IOWA   50265
9794   ARONOV REALTY MANAGEMENT, INC   3500 EASTERN BLVD   PO BOX 235000   MONTGOMERY   ALABAMA   36116-1781
9796   ACF PROPERTY MANAGEMENT   12411 VENTURA BOULEVARD     STUDIO CITY   CALIFORNIA   91604-2407
9797   KERA RIVERSIDE, LLC & ARCE RIVERSIDE, LLC   AS TENANTS IN COMMON dba OFF THE MALL   390 BRIDGE PARKWAY, SUITE C   REDWOOD SHORES   CALIFORNIA   94065
9798   ECP COMMERCIAL   8530 LA MESA BLVD   SUITE #300   LA MESA   CALIFORNIA   91941
9799   WSG TRACE FORK, LP   WSG DEVELOPMENT CO   400 ARTHUR GODFREY ROAD STE200   MIAMI BEACH   FLORIDA   33140
9800   TRANSMARK COMPANY   3561 E. SUNRISE DRIVE   SUITE 105   TUCSON   ARIZONA   85718
9801   REAL GLOBAL INVESTMENTS, LLC     3924 DEMPSTER STREET   SKOKIE   ILLINOIS   60076
9802   ELYSIAN PARTNERS, L.P.   20 ERFORD ROAD, SUITE 212   ATTN: PHILIP MARKOVITZ   LEMOYNE   PENNSYLVANIA   17043
9804   VORNADO REALTY TRUST   210 ROUTE 4 EAST     PARAMUS   NEW JERSEY   07652-0910
9805   ROBERT L. STARK ENTERPRISES, INC   28601 CHAGRIN BLVD   SUITE 600   WOODMERE   OHIO   44122
9806   COLONIAL REALTY LP   2101 6TH AVENUE NORTH   SUITE 750   BIRMINGHAM   ALABAMA   35203
9807   FIDELIS REALTY PARTNERS   19 BRIAR HOLLOW LANE   SUITE 100   HOUSTON   TEXAS   77027
9808   CENTRUM PROPERTIES INC.   225 WEST HUBBARD STREET   4TH FLOOR   CHICAGO   ILLINOIS   60610
9809   CAPITAL CENTER LLC   CAROLINE DVORAK/INLAND NW MGMT CORP   6564 REISTERSTOWN RD   BALTIMORE   MARYLAND   21215
9810   FUNAI, LLC dba 962 RANDALL ROAD, LLC   CARLO DiCARLO   6 LOCHNIVAR   OAK BROOK   ILLINOIS   60523
9811   PENN JENSEN BEACH PROPERTY, LLC   5825 SUNSET DRIVE   SUITE 210   SOUTH MIAMI   FLORIDA   33143
9812   COLE TAYLOR BANK-TRUST #97-7751   CROWN COMMERCIAL REAL ESTATE & DEV, INC   620 BUTTERNUT TRAIL   FRANKFORT   ILLINOIS   60423
9813   FC QUARTERMASTER ASSOCIATES, L.P.   FOREST CITY RATNER COMPANIES   1 METROTECH CENTER NORTH 11TH FL   BROOKLYN   NEW YORK   11201
9814   DONAHUE SCHRIBER ASSET MANAGEMENT CORP   c/o CREEKSIDE   200 EAST BAKER STREET, SUITE 100   COSTA MESA   CALIFORNIA   95815-4504
9815   SOMERSET SHOPPES FLA, LLC   SOMERSET SHOPPES MANAGEMENT LLC   11555 HERON BLVD, SUITE 200   CORAL SPRINGS   FLORIDA   33076
9816   LIBERTY COMMONS, LLC   ARILEX REALTY CORP   1000 PORTSIDE DRIVE   EDGEWATER   NEW JERSEY   07020
9817   WSG DEVELOPMENT CO   400 ARTHUR GODFREY ROAD   SUITE 200   MIAMI BEACH   FLORIDA   33140
9818   INLAND SKOKIE FASHION SQUARE II   INLAND COMMERCIAL PROPERTY MGMT, INC   2901 BUTTERFIELD ROAD   OAK BROOK   ILLINOIS   60523
9819   JR E.P. CUMMINGS AND AW-S CO, LLC   CUMMINGS & WHITE-SPUNNER, INC   PO DRAWER 16227   MOBILE   ALABAMA   36616-0227
9820   BTGSI COMMERCIAL, LLC   MD MANAGEMENT, INC   5201 JOHNSON DRIVE, SUITE 450   MISSION   KANSAS   66205
9821   ALDERWOOD PARKWAY DEVELOPMENT, LLC   18323 BOTHELL EVERETT HIGHWAY   SUITE 380   MILL CREEK   WASHINGTON   98012
9822   THF CHESTERFIELD VILLAGE DEVELOPMENT, LLC   THF REALTY   2127 INNERBELT BUSINESS CTR DR,STE 200   ST. LOUIS   MISSOURI   63114
9823   WRI COTTONWOOD, LLC   WEINGARTEN REALTY INVESTORS   3101 NORTH CENTRAL AVE., SUITE 990   PHOENIX   ARIZONA   85012
9826   TREBOR ENTERPRISES, INC     5 PROSPECT STREET   HOLMDEL   NEW JERSEY   07733
9828   PANDA EXPRESS, INC   PANDA RESTAURANT GROUP, INC   1683 WALNUT GROVE AVENUE   ROSEMEAD   CALIFORNIA   91770
9829   CBL/WESTMORELAND MALL, LP   CBL & ASSO.MGMT, INC/CBL CENTER STE 500   2030 HAMILTON PLACE BLVD   CHATTANOOGA   TENNESSEE   37421-6000
9831   JDC/MANCHESTER LP   THE CW COMPANIES, INC   600 UNICORN PARK DRIVE   WOBURN   MASSACHUSETTS   01801
9832   AIG BAKER WACO, LLC     1701 LEE BRANCH LANE   BIRMINGHAM   ALABAMA   35242
9833   VALLEY RIVER CENTER, LLC   GROSVENOR /attn: ASSET MANAGER   1 CALIFORNIA, SUITE 2500   SAN FRANCISCO   CALIFORNIA   94111
9834   WASHINGTON MUTIAL BANK, FA (EET 2933)   ATTN: CORPORATE PROPERTY SERVICE MANAGER   1301 SECOND AVE, WMC1007   SEATTLE   WASHINGTON   98101
9835   CAPE L.L.C.   URBAN RETAIL PROPERTIES CO.   4 COPLEY PLACE SUITE 401   BOSTON   MASSACHUSETTS   02116
9837   ANTHONY NG     1977 JORDON STREET   HACIENDA HEIGHTS   CALIFORNIA   91745
9838   WINSUM LIMITED PARTNERSHIP   THE DRUKER COMPANY, LTD   50 FEDERAL STREET SUITE 1000   BOSTON   MASSACHUSETTS   02110
9840   3750 VETERANS, LLC   3501 SEVERN AVENUE   SUITE 21   METAIRIE   LOUISIANA   70002
9841   BOCA RIO CENTER ASSOCIATES   SCHMIER & FEURRING PROP-C/O   7777 GLADES RD, STE 310   BOCA RATON   FLORIDA   33434
9842   CORELAND COMPANIES   17542 E. 17TH STREET   SUITE 420   TUSTIN   CALIFORNIA   92780-0807
9843   WINNERS 3 LLC   117 EAST LOUISA STREET #230     SEATTLE   WASHINGTON   98102
9844   DENO P. DIKEOU   549 N. WYMORE ROAD   SUITE 206   MAITLAND   FLORIDA   32751


Exhibit 4.7(b)

Consigned Inventory

Casual Male Retail Group, Inc. (“CMRG”) has a licensed department agreement with Giantto, which provides for the consignment of certain inventory in the Rochester Big & Tall stores.


EXHIBIT 4.7(c)(ii)

EQUIPMENT USAGE AGREEMENT

Date                     

Bank of America, N.A.,

Administrative and Collateral Agent

40 Broad Street

Boston, Massachusetts 02109

    Attention:   Ms. Kathy Dimock
      Managing Director

Dear Madam:

The undersigned (the “Lessor”) has proposed to lease certain equipment (the “Leased Equipment”) to those persons on Schedule 1 hereto, corporations with their principal executive offices at 555 Turnpike Street, Canton, Massachusetts 02021 (collectively, the “Borrower”) and has been advised that you are acting as (among other roles) the Administrative Agent and the Collateral Agent (in such capacities, the “Agent”) for the ratable benefit of a syndicate of revolving credit lenders and for a syndicate of last out revolving credit lenders in connection with certain revolving credit facilities in favor of the Borrower.

As an inducement for the Lenders to establish that credit facility and the Lessor to lease the Leased Equipment, the Lessor and the Agent agree as follows:

 

1. The security interest of the Agent in and to the Leased Equipment is hereby subordinated to the security interest therein of the Lessor.

 

2. The Lessor will not terminate any lease with the Borrower on account of any default by the Borrower, except upon not less than 30 days’ prior written notice to the Agent (with reasonable detail), during which period, the Lessor shall accept any reasonable cure of such default proffered by the Agent or by the Borrower.

 

3. In the event that the Agent exercises the Agent’s rights upon default as a secured creditor of the Borrower by taking possession of collateral granted by the Borrower to the Agent, the Lessor will permit the Agent to use, for such purpose, such of the Leased Equipment as may be designated by the Agent, for a period of up to 16 weeks following such exercise, provided that the Agent pays the Lessor rent for such use (based on the rent called for in the lease pursuant to which the Lessor had leased such equipment to the Borrower).

 

4. Nothing included herein, nor any act undertaken by the Agent pursuant hereto, shall constitute an assumption by the Agent of any obligation of the Borrower to the Lessor.


 

  Very truly yours,
 

 

By:  

 

Name:  

 

Title:  

 

 

Agreed:

BANK OF AMERICA, N.A.,

Administrative and Collateral Agent

By:  

 

Name:  

 

Title:  

 


Schedule 1


Exhibit 4.9

Insurance Policies

See attached for insurance policies of Casual Male Retail Group, Inc. (“CMRG”).


Exhibit 4.9

Insurance Policies

Casual Male Retail Group, Inc

 

Coverage

  

Insurance Carrier

Policy Number

  

Policy Term

  

Policy Limits

    
Workers Compensation    ACE American Ins. Co.    7/01/06 – 7/1/07    Statutory Requirements    Workers Compensation
(All Other States)    ***       $1,000,000    Employers Liability - Bodily Injury by Accident – Each Accident
(WI – Only)    ***       $1,000,000    Employers Liability - Bodily Injury By Disease – Policy Aggregate
   *** Pay-In       $1,000,000    Employers Liability - Bodily Injury By Disease – Each Employee
         $250,000    DEDUCTIBLE – Each Accident or Disease
Business Travel Accident    Zurich Insurance Company   

Feb 1 2004 –

Feb 1 2007

   $4,000,000 per accident    Benefit amounts varies depending on class of employee, from $25,000 to $400,000
   ***         
General Liability    ACE American Ins. Co.    7/01/06 – 7/1/07    $5,000,000    General Aggregate
DOMESTIC    ***       $2,000,000    Products & Completed Operations Aggregate
   *** Pay-In       $1,000,000    Personal & Advertising Injury
         $900,000    Each Occurrence
         $900,000    Fire Damage
         Within SIR Limit    Medical Expense
         $100,000    Self Insured Retention
         $900,000    Employee Benefits Liability: Aggregate
         $900,000    Employee Benefits Liability: Per Claim
General Liability    ACE American Ins. Co.    7/01/06 – 7/1/07    $5,000,000    General Aggregate
CANADIAN    ***       $2,000,000    Products & Completed Operations Aggregate
Note: All Premiums    $*** Pay-In       $1,000,000    Personal & Advertising Injury
And Limits are          $900,000    Each Occurrence
Shown in US Dollars          $900,000    Fire Damage
         Within SIR Limit    Medical Expense
Automobile Liability    ACE American Ins. Co.    7/01/06 – 7/1/07    $1,000,000    Automobile Liability – Any One accident

 

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

Note: This Schedule of Insurance is only an outline of coverage that has been prepared for your convenience.

Actual policy language must be consulted for any definitive evaluation Of coverage Terms & Conditions.

  LOGO

 

1


Exhibit 4.9

Insurance Policies

Casual Male Retail Group, Inc

 

 

Coverage

  

Insurance Carrier

Policy Number

  

Policy Term

  

Policy Limits

    
(All States)    ***       $5,000    Auto Medical Protection – Per Person
   *** Pay-In       Statutory Minimum Limits    Personal Injury Protection
         $1,000,000    Uninsured Motorist/Underinsured Motorist
         $100,000    DEDUCTIBLE - Per Accident
Primary Umbrella    CNA Insurance Company    7/01/06– 7/1/07    $25,000,000    General Aggregate
   ***       $25,000,000    Each Occurrence
   ***       $25,000,000    Products & Completed Operations Aggregate
Excess Liability    Ohio Casualty Insurance    7/01/06 – 7/1/07    $25,000,000    Aggregate
   ***       $25,000,000    Each Occurrence
   ***         
Global Transit    American Home Assurance Company    6/30/06-6/30/07   

$3,000,000

$3,000,000

  

Per any one conveyance

War Risk

  

***

$*** Minimum & Deposit Adjusted at the following rates:

$.00864 Marine

$.00096 War

TRIA Premium of $2,100 Flat

        

Deductible: $5,000 Deductible per claim, except Losses caused by

theft/Pilferage/Hijacking and Shortage are subject to a deductible of 10

percent of the insured value of the shipment, which is further subject to

a $10,000 minimum and no maximum deductible.

 

Premium based on $450M in Sales.

Special Contingency Coverage    Liberty Insurance Underwriters    06/29/05 – 06/29/08    $10,000,000    Special Contingency Coverage
   ***         
   $ ***         

 

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

Note: This Schedule of Insurance is only an outline of coverage that has been prepared for your convenience.

Actual policy language must be consulted for any definitive evaluation Of coverage Terms & Conditions.

   LOGO

 

2


Exhibit 4.9

Insurance Policies

Casual Male Retail Group, Inc

 

Coverage

  

Insurance Carrier

Policy Number

  

Policy Term

  

Policy Limits

    
All Risk Property    Affiliated FM    6/30/06 –6/30/07    $100,000,000    Policy Limit
All Risk Property    ***       ***    Values
         90 days    ORDINARY Payroll
         $100,000,000 except as follows    Earth Movement
   *Affiliated FM Policy cont.       $10,000,000 with $500,000 limit at any one location except as follows    Misc. named Retail Locations
         $2,500,000    CA locations
         $100,000,000    Flood (except)
         $10,000,000    Misc. named Retails Locations
         $500,000 at any one location in zones C and unshaded X    * zone restrictions
         $250,000 at any one locaton in zones B, Shaded X and D   
         ZONE A & V EXCLUDED   
         $2,000,000    Seepage or influx of water
         $250,000    Seepage coverage at Miscellaneous Named Locations
         $100,000,000 combined PD/BI    Boiler & Machinery (PD)
            Boiler & Machinery (BI)
         $250,000    Ammonia Contamination
         $250,000    Hazardous Substances
         $250,000    Spoilage
         $1,000,000    Off Premises Power
         $2,000,000    Extra Expense (unnamed loc. Only)
         $10,000    Precious Metals

 

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

Note: This Schedule of Insurance is only an outline of coverage that has been prepared for your convenience.

Actual policy language must be consulted for any definitive evaluation Of coverage Terms & Conditions.

   LOGO

 

3


Exhibit 4.9

Insurance Policies

Casual Male Retail Group, Inc

 

Coverage

  

Insurance Carrier

Policy Number

  

Policy Term

  

Policy Limits

    
         $500,000    Ingress/Egress
         $500,000    Brands & Labels
         $1,000,000    Contingent BI at unnamed locations
All Risk Property          Policy Limit    Certified Acts of Terrorism
            Extensions of Coverage Sublimits:
         $100,000    Fire Fighting Materials and Expenses
         $250,000    Professional Fees
         $100,000    Expediting Expenses
         $100,000    Tree, Shrubs, Plants and Lawns limit $1,000 per item
         $250,000    Pavements and Roadways
         $50,000    Land and Water Clean Up Expense
         $50,000    Installation Floater
            Newly Acquired property
         $3,000,000    Unnamed Locations Coverage
         $250,000    Fine Arts
         $1,000,000    Accounts Receivable
         $1,000,000    Valuable Papers & Records
         $1,000,000    Electronic Data Processing
         $25,000,000 / $5,000,000    Demolition & Increased Cost of Construction
         $2,000,000    Errors & Omissions
         $100,000    Transit Coverage
         Valuation    *Selling Price Clause added to Policy
         $1,000,000    Fungus, Mold or Mildew
         $100,000    Fire Fighting Materials and Expenses
         $250,000    Professional Fees
         $100,000    Expediting Expenses
         $100,000    Tree, Shrubs, Plants and Lawns limit $1,000 per item
      Deductibles    $25,000    All Other Perils except as follows:
         $100,000 per location except as follows    Earth Movement

 

 

 

Note: This Schedule of Insurance is only an outline of coverage that has been prepared for your convenience.

Actual policy language must be consulted for any definitive evaluation Of coverage Terms & Conditions.

   LOGO

 

4


Exhibit 4.9

Insurance Policies

Casual Male Retail Group, Inc

 

Coverage

  

Insurance Carrier

Policy Number

  

Policy Term

  

Policy Limits

    
         See below    Earth Movement CA
         5%, $100,000 min per location    Earth Movement CA and specified locations in New Madrid Zone
         5%, $250,000 min per location    Named Wind Storm for locations in tier 1 and 2
MANAGEMENT LIABILITY:
Directors & Officers            
Primary:   

AIG

***

   7/01/05 to 7/01/06   

$5,000,000

SEC Retention: $250,000

   Policy is Written on a Claims Made and Reported Policy Form
1st Excess:   

St. Paul Mercury Ins. Co.

***

   7/01/05 to 7/01/06   

$5,000,000 Xs $5,000,000

Per Primary

  
2nd Excess:   

HCC

***

   7/01/05 to 7/01/06   

$5,000,000 Xs $10,000,000

Per Primary

  
3rd Excess   

HCC

***

   7/01/05 to 7/01/06   

$5,000,000 Xs $15,000,000

Per Primary

  
Side A D&O   

Federal Insurance Co.

***

   7/01/05 to 7/01/06    $5,000,000   
TOTAL          $25,000,000   
Employment Practices Liability    AISLIC
***
   7/01/05 to 7/01/06   

$5,000,000

Retention: $250,000

   Policy is Written on a Claims Made and Reported Policy Form
Crime   

Chubb Group Insurance Cos.

***

   7/01/05 to 7/01/06   

$2,000,000

Deductible: $150,000

   Policy is Written on a Per Occurrence Form
           
Fiduciary Liability   

AIG

***

   7/01/05 to 7/01/06   

$5,000,000

Retention: $0

   Policy is Written on a Claims Made & Reported Policy Form
Cyber Risk   

Beazley Information Security & Privacy

***

   10/14/06-10/14/07   

$2,000,000

Deductible: $100,000

   Policy is Written on a Claims Made & Reported Policy Form
Surety / Bonds   

Fidelity & Deposit Company of Maryland

***

   04/26/06-04/26/07    $76,500 Bond Amount    Sales and Use Tax, State of Nevada

 

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

Note: This Schedule of Insurance is only an outline of coverage that has been prepared for your convenience.

Actual policy language must be consulted for any definitive evaluation Of coverage Terms & Conditions.

   LOGO

 

5


Exhibit 4.9

Insurance Policies

Casual Male Retail Group, Inc

 

Coverage

  

Insurance Carrier

Policy Number

  

Policy Term

  

Policy Limits

    
  

Liberty Insurance

***

   06/29/05-06/29/08    $10,000,000 Bond Amount    Special Contingency
  

Hanover

***

   02/21/06-02/21/07    $5,000 Bond Amount    Private Detective, Commonwealth of Massachusetts

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

Note: This Schedule of Insurance is only an outline of coverage that has been prepared for your convenience.

Actual policy language must be consulted for any definitive evaluation Of coverage Terms & Conditions.

   LOGO

 

6


Exhibit 4.11

Capital Leases

YALE FINANCIAL SERVICES

Sweeper/Scrubber

 

Rental

Schedule

   Lease
Commencement
Date
   Term of
Lease*
   Monthly
Payment
     Lease
Expiration
Date
   Total
Lease
 
Sweeper/Scrubber                             

4155681-001

   06/15/04    60 months      ***       06/15/10      ***   

 

* End of term $1.00 buyout purchase option.

IKON OFFICE SOLUTIONS

Schedule No. 006 includes:

11 Canon Copiers/Scanners/Fax

2 Canon Color Copiers/Scanners/Fax

1 Controller

3 Scan Stations

 

Rental Schedule

   Lease
Commencement
Date
   Term of
Lease*
   Monthly
Payment**
     Lease
Expiration
Date***
   Total
Lease
 

006

   03/01/06    48 months      ***       02/28/10      ***   

 

* Must give 30 days notice of termination for lease to end.
** Maximum copies included in monthly payment. Additional charges may apply if maximum copies exceeded.
*** Return equipment at end of Lease Term.

CISCO SYSTEMS CAPITAL

Routers and Ethernet Upgrade (Schedule Nos. 001 and 002 are co-terminus).

 

Rental Schedule

   Lease
Commencement
Date
   Term of
Lease*
   Monthly
Payment
     Lease
Expiration
Date
   Total
Lease
 

001

   12/28/05    36 months      ***       12/28/08      *** ** 

002

   04/01/06    33 months      ***       12/28/08      *** *** 

 

* End of term buyout purchase option.
** Includes *** in financed up-front tax.
*** Includes *** for maintenance.

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.


EMC

Three (3) Storage Devices

- Clarion CX500 and Celerra NS502G-FD (Co-terminus—Rental Schedule Nos. 03 and 05)

- Symmetrix DMX2000 for AS400 environment

 

Rental
Schedule

   Lease
Commencement
Date
   Term of
Lease*
     Monthly
Payment**
     Lease
Expiration
Date
     Total
Lease
 

03

   02/01/05      36 months         ***         02/01/08         ***   

04

   11/01/05      48 months         ***         10/31/09         ***   

05 (upgrade)

   11/01/05      29 months         ***         02/01/08         ***   

 

* End of term $1.00 purchase option for equipment leased under Schedule Nos. 3 and 5. End of term FMV purchase option (not to exceed ***) for equipment leased under Schedule No 4.
** Payments assigned to De Lage Financial Services, Inc.

SIEMENS FINANCIAL SERVICES

Controller Upgrade

 

Rental Schedule

   Lease
Commencement
Date*
   Term of
Lease**
     Monthly
Payment***
   Lease
Expiration
Date
     Financed
Amount
 

540-0050141-001

   01/06/06      12 months       2 months @

*** and
10 months @
*******

     01/06/07        
***
  

 

* Lease agreement dated 2/17/05 to commence upon delivery and acceptance of equipment proposed for June 2005.
** End of term $1.00 purchase option.
*** Eleven (11) payments due. One (1) month advanced payment at Lease signing.
**** Cost adjustment due to freight charges.

XEROX CORPORATION

Schedule No. 001 includes:

1 XeroxDOCUCOLOR 5252C Color Copier and Maintenance

1 EXP5000 EFT Controller

 

Rental
Schedule

   Lease
Commencement
Date
   Term of
Lease
     Monthly
Payment*
     Lease
Expiration
Date**
     Total
Lease
 

001

   09/09/05      48 months         ***         09/09/09         ***   

 

* Maximum copies included in monthly payment. Additional charges may apply if maximum copies exceeded. Maintenance fee may be increased annually.
** Return equipment at end of Lease Term.

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.


Exhibit 4.13(a)

Labor Relations

None.


Exhibit 4.19

Litigation

 

Status

  

Name

  

State

  

Date Filed

  

Folder
on File

  

Case #

  

Plaintiff
Attorney

  

Charge

  

Comments

  

Anticipated
Exposure

Open    CMRG v.Yarbrough/RKC Mail/Mile Post Four/Westport/Mehling and Allen    MA       Yes    05-12049 NMG    Greenberg Traurig    Breach of contract, misappropriation of confidentional busines information    ***    ***
Open    Tucker, Robin    CA    12/29/2003    Yes    E-200304-G-0562-00-a       DFEH - Age Discrimination    ***   
Open    Tucker, Robin (Class Action)    CA    10/3/2004    Yes    103CV006867       Wage & Hour/ Overtime    ***    ***
Open    Fleischman, Teresa    CA    9/23/2003 1st Notification 3/7/05    Yes    12-55388 TB       Wage & Hour/ Overtime    ***    ***
Open    Larson, Ashley    CA    3/2/2006    Yes    GIC862082    Timothy Williams    Discrimination - Employment Application    ***   

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.


Exhibit 4.28(b)

Contingent Obligations

In addition to minimum rental payments, many of the store leases to which Casual Male Retail Group, Inc. and/or its subsidiaries (singularly, “Casual Male” or collectively, the “Casual Male entities”) is a party, include provisions for common area maintenance, mall charges, escalation clauses and additional rents based on percentage of store sales above designated levels.

On May 14, 2002, Casual Male completed the acquisition of substantially all of the assets of Casual Male Corp. and certain of its subsidiaries, for a purchase price of approximately $170 million. In connection with the acquisition, Casual Male assumed certain contingent liabilities, including, but not limited to, existing retail store lease arrangements and the existing mortgage for Casual Male Corp.’s corporate office located in Canton, Massachusetts, which Casual Male currently occupies its corporate headquarters.

On January 30, 2006, Casual Male entered into a sale-leaseback transaction with Spirit Finance Corporation, a third party real estate investment trust (“Spirit”). In connection with the transaction, Casual Male sold its headquarters and distribution center property to Spirit for $56.0 million. At the closing on February 1, 2006 Casual Male entered into a twenty-year lease agreement with a wholly-owned subsidiary of Spirit whereby Casual Male agreed to lease the property back for an annual rent of $4.6 million.

Casual Male is subject to various legal proceedings and claims that arise in the ordinary course of business. Management believes that the resolution of these matters will not have an adverse impact on the results of operations or the financial position of Casual Male.


Exhibit 5.4

FAX TO: GHEISA CRUZ (617) 434-4310

LOGO

CALCULATION AT RETAIL

 

                  Certificate #
Date:
     2082
12/21/2006
 

Total Revolver Inventory Borrowing Base

             ***          (a) 
        Advance Rate        

Credit Card Receivables

     ***         90%           ***          (b) 
                

Less Availability Reserves

          

Less Landlord Reserve: 2 months: PA, VA and Wash.

             ***           
                

Less Gift Certificate Merchandise Credits

     ***         50%           ***           
                

Customer Deposits (TCM& Rochester)

     ***         100%           ***           
                

Reserves

             ***          (c) 
                

Total Revolver Borrowing Base (uncapped) (a+b+c)

             ***           

Total Revolver Borrowing Base (capped at $100MM)

             ***          (d) 
          

Total Incremental Borrowing Base (uncapped)

             ***           

Total Incremental Borrowing Base (capped at $10MM)

             ***          (e) 
          

Total Facility Borrowing Base before block (capped) (d+e)

             ***          (f) 
          

10% Availability Block

             ***          (g) 
                
          

Total Capped Borrowing Base (f-g)

          ***      
AVAILABILITY CALCULATION   

Incremental Facility

          

New Outstandings per Current Borrowing Base

             ***       

Previous Outstandings

             ***       

Required Facility Adjustment

             ***       
          

Beginning Principal Balance

             ***           
                

ADD:             Prior days Borrowing from BOA

             ***           
                

ADD:            Fees charged today

             ***           
                

Less:             Prior day’s pay down

             ***           
                

Ending principal balance

             ***           
                

ADD:             Estimated accrued interest month-to-date

             ***           
                

ADD:             Outstanding Letters of Credit

             ***           
                

Total loan balance prior to request (not to exceed)

        ***           ***           
                      

Revolver availability (prior to today’s request)

             ***           
                

Incremental availability (prior to today’s request)

             ***           
                

Total availability (prior to today’s request)

             ***           
                

Advance                ACCT# ***

             ***           
                

Today’s Paydown ( from account ***)

             ***           
                

Today’s Principle Balance

             ***           
                

The undersigned represents and warrants that (a) the information set forth above has been prepared in

accordance with the requirements of the Loan and Security Agreement (the “Loan Agreement”) between the

Borrower and FRF Inc.; (b) no “Suspension Event” (as defined in the Loan Agreement) is presently

in existence; and ( C) all or a portion of the advance requested hereby will be set aside by the Borrower to

cover 100% of the Borrower’s obligation for sales tax on account of sales since the most recent borrowing

under the Loan Agreement.                                                                                                  Casual Male Retail Group, Inc.

 

Authorized Signer:

 

 

  Dennis Hernreich, Executive Vice President, COO, CFO & Treasurer
  Sheri A. Knight, Senior Vice President, Corporate Controller

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.


CASUAL MALE ( The “Borrower”)

REVOLVING LINE OF CREDIT AVAILABILITY CALCULATION AT RETAIL

 

FAX TO: GHEISA CRUZ (617) 434-4310               

Certificate #

W/E Date:

   2082
12/16/2006
 
                     COST       

Beg. Inventory as of :

  10/28/2006          ***   

(Sourced from JDA Stock Ledger)

             

ADD

  Receiving/ Purchases          ***   
               
  Purchase Accrual (ASN)          ***   
               
  Reverse ASN Accrual          ***   
               
  Freight          ***   
               

LESS

  Net Sales @ Retail (memo only)    ***             
               
  Cost of Goods Sold @ Cost          ***   
               
  Total Adds/ (Reductions)          ***   
               

Ending Inventory as of:

  12/16/2006          ***   
  LC Inventory    ***         

ADD:

  At 75%          ***   

LESS:

  Shrinkage at Cost          ***   
  (2.0% of sales since last physical Inv) X Cost Compliment            
  Canadian Inventory          ***   
               

Eligible Inventory, as of :

  12/16/2006          ***   

Set Appraisal Value (99.3% Dec. 16 - EOM Sept / 101.2% Oct - Dec 15th)

                     ***   

Advance Rate

                       ***          ***   

Total Revolver Borrowing Base

         ***   

Incremental Advance Rate

                     ***          ***   

Total Incremental Borrowing Base

         ***   

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.


ROCHESTER ( The “Borrower”)

REVOLVING LINE OF CREDIT AVAILABILITY CALCULATION AT RETAIL

 

FAX TO: GHEISA CRUZ (617) 434-4310           

Certificate #

W/E Date:

   2082
11/25/2006
 
             COST       

Beg. Inventory as of :

  10/28/2006      ***   

(Sourced from JDA Stock Ledger)

         

ADD

  Receiving/ Purchases      ***   
           
  Purchase Accrual (ASN)      ***   
           
  Reverse ASN Accrual      ***   
           
  Freight      ***   
           

LESS

  Net Sales @ Retail (memo only)   ***          
           
  Cost of Goods Sold @ Cost      ***   
           
          Total Adds/ (Reductions)      ***   
           

Ending Inventory as of:

  11/25/2006      ***   

LESS:

  Shrinkage ( 2.0% of sales)      ***   
  (2.0% of sales since last physical Inv) X Cost Compliment        
           

Eligible Inventory, as of :

  11/25/2006      ***   

Set Appraisal Value (78.9% Dec. 16 - EOM Sept / 83.0% Oct - Dec 15th)

                 ***   

Revolver Advance Rate

                   ***      * ** 

Total Revolver Borrowing Base

       ***   

Incremental Advance Rate

                   ***      * ** 

Total Incremental Borrowing Base

       ***   

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.


Exhibit 7.1

Direct Deposit Accounts

Attached is a list of Direct Deposit Accounts as they pertain to the businesses of Casual Male Retail Group, Inc.


Exhibit 7.1

Direct Deposit Accounts

Casual Male Retail Group, Inc. - Corporate Bank Directory

BANK OF AMERICA

Tax ID - 042623104

 

Name on account

   Account Number  

ABA Number

  

State Acct.

  

Purpose

  

ZBA Source/Destination

  

Authorized signers

             

will reside

              

CMRG Concentration Account

   ***  

wires- ***

 

ACH- ***

   Mass    Funds for: All wire payments, Negotiated Letters of Credits and fees, payroll taxes, garnishments, 401K, insurance wires/ach, bank analysis fees, sales tax, Funding to: P/R account ZBA funding to: Controlled Disbursement checking, Delta Dental, Con Gen & MBI ins. accounts.    Borrowing from BOA Retail - Loan Account    David Levin, Dennis Hernreich, Sheri Knight
                
                
                
                
                

CMRG Payroll Acct

   ***   wires- ***    Mass    employee payroll & Dir. Dep.    CMRG Operating *** (By Wire)    David Levin, Dennis Hernreich, Sheri Knight
     ACH- ***            

Controlled Disbursement Accounts:

                

Casual Male Retail Group, Inc (A/P)

   ***      Maine    Expense and Merch Payable-Casual Male &Roch.Exp.    CMRG Operating ***    David Levin, Dennis Hernreich, Sheri Knight

Casual Male Catalog Refund

   ***      Maine    CMRG Catalog Refund Checks    CMRG Operating ***    David Levin, Dennis Hernreich, Sheri Knight

CMRG, Inc Roch Big & Tall/Catalog

   ***      Maine    Rochester Catalog Refund checks    CMRG Operating ***    David Levin, Dennis Hernreich, Sheri Knight

CMRG, Inc B and T Direct

   ***      Maine    B T Direct Catalog Refund Checks    CMRG Operating ***    David Levin, Dennis Hernreich, Sheri Knight

Deposit/Concentration Accounts:

                

TCM Stores ACH

   ***      Mass    ACH-All NON Bof A stores    CMRG Revolver    David Levin, Dennis Hernreich, Sheri Knight

Casual Male Catalog Deposit

   ***      Mass    Depository    CMRG Revolver    David Levin, Dennis Hernreich, Sheri Knight

JaredM

   ***      Mass    Depository    CMRG Revolver    David Levin, Dennis Hernreich, Sheri Knight

Revolver Concentration

                

Designs Inc For BOA Retail

   ***      Mass    Credit Card Payments, Concentrated Acct. Sweeps    CMRG Operating ***   

Investments

                

Bank of America Securities

   ***      Mass    Overnight Investment    Purchase online from acct. ***    Dennis Hernreich, Sheri Knight

OTHER BANKS:

                

Royal Bank of Canada

 

 

Casual Male Canada Inc.

   ***   ***    Toronto, ON   

CANADA Only - Funds for: wire payments, payroll, payroll taxes,

Merchandise and Expnese payable.

   Stand Alone Account    David Levin, Dennis Hernreich, Sheri Knight
                

updated 11/30/06

                

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.


Casual Male Retail Group

Tax ID- 042623104

 

Name on account

  Account Number ***  

State Acct.

 

Purpose

 

ZBA Source/Destination

 

Authorized signers

  TAX ID
       

will reside

               

Designs, Inc.

    Mass   Funds for: All wire payments, Negotiated Letters of   Borrowing from Fleet Retail Finance Loan Account    
      Credits and fees, payroll taxes, garnishments, 401K, insurance wires/ach, bank analysis fees, sales tax,      
      Funding to: CA P/R account      
      ZBA funding to: P/R, controlled Disbursement checking, C’N’A insurance account.      

Designs, Inc.

    Mass   All employee payroll & Dir. Dep.   Designs Operating ***   David Levin, Dennis Hernreich, Brian Sheehan  

Corporate Payroll account

           

Designs Ca Payroll acct

    Bank Of America   CA Payroll checks   Designs Operating *** (By Wire)   David Levin, Dennis Hernreich. Brain Sheehan  

Bank of America

    FL        

Designs Canton Property

    Mass   Holding accounts for Mortgage Payments   Designs Operating *** (By Wire)   David Levin, Dennis Hernreich, Brian Sheehan  

Accounts Payable Controlled Disb. Accts:

           

Designs Inc.

    Maine   Expense and Merch Payable-Designs   Designs Operating ***   David Levin, Dennis Hernreich, Brian Sheehan  

Casual Male Refund

    Maine   Catalog Customer Refunds   Designs Operating ***   David Levin, Dennis Hernreich, Brian Sheehan  

Deposit/Concentration Accounts:

           

TCM Stores ACH

    Mass   ACH-All stores   Designs, Inc Revolver    

Casual Male Catalog Deposit

    Mass   Depository   Designs, Inc Revolver    

Designs Stores ACH

    Mass   ACH-All stores   Designs, Inc Revolver    

Designs

    Mass   Stores that use Fleet Bank - Deposits   Designs, Inc Revolver    

Designs Inc For Fleet Retail Finance

    Mass   Credit Card payments paid directly to Revolver Account   Revolver account used to pay down loan    

ECKO UNLTD

           

ECKO UNLTD

    Mass   Operating account-All disbursments and deposits      

ECKO UNLTD (AP)

    Maine   Controlled Disbursment Checking   Ecko Operating ***   David Levin, Dennis Hernreich, Brian Sheehan  

ECKO UNLTD (PAYROLL)

    Mass   Payroll Account   Ecko Operating ***   David Levin, Dennis Hernreich, Brian Sheehan  

ECKO UNLTD CA PAYROLL

    BANK OF AMERICA   Payroll Account   Designs Operating *** (By Wire)   David Levin, Dennis Hernreich, Brian Sheehan  

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.


Casual Male Retail Group

Corporate Bank Directory

 

Bank Name

  

Street

  

City

  

State

    

Zip Code

    

Name on account

  

Account Number ***

 
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       Casual Male Retail Group, Inc   
               Main Account   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       Casual Male Retail Group, Inc   
               Corporate Payroll account   
Bank of America    FL5-441-10-11    West Palm

Beach

     FL         33401       Casual Male Retail Group, Inc.   
   625 North Flagler Drive, 10th FL             California Payroll Account   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       Designs Canton Property   
               Mortgage Account   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       J. Baker Retirement Account   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       Designs   
               Accounts Payable   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       Casual Male   
               Accounts Payable   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       Casual Male   
               Catalog Refund   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       TCM Stores ACH   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       Casual Male Catalog Deposit   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       Designs Stores ACH   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       Designs   
               Store Depository account   
Fleet National Bank    40 Broad Street, 10th Floor    Boston      Mass.         02109       Designs Inc For Fleet Retail Finance   

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.


Exhibit 7.1

Direct Deposit Accounts

 

 

STORE NO.

 

Bank_Name

 

BANK_ADDRESS

 

CITY

 

ST

 

ZIP

 

TELEPHONE

  ACCOUNT
# ***
  ACH ROUTING
# ***
  DEP. ROUTING
# ***
 

STORE_ADDRESS

 

CITY

 

ST

  ZIP
9052   US BANK   440 Regency Parkway Drive   OMAHA   NE   68114           605 NORTH 98 ST   OMAHA   NE   68114
9053   BANK OF AMERICA   9550 METCALF   OVERLAND PARK   KS   66212   (816) 979-8945         8721METCALF AVENUE   OVERLAND PARK   KS   66212
9054   CHASE (JPMORGAN)   325 NORTH MILWAKEE AVENUE   VERNON HILLS   IL   60061   (847) 821-8716         445 EAST TOWNLINE ROAD   VERNON HILS   IL   60061
9055   CHASE (JPMORGAN)   2031 WEST HENDERSON ROAD   COLUMBUS   OH   43220   (614) 248-2323         1113 KENNEY CENTRE   COLUMBUS   OH   43220
9056   BANK OF AMERICA   5270 POPLAR AVENUE   MEMPHIS   TN   38119   (901) 684-6000         847 SOUTH WHITE STATION RD   MEMPHIS   TN   38117
9057   CHASE (JPMORGAN)   7990 WASHINGTON VILLAGE DRIVE   DAYTON   OH   45459   (937) 443-6290         #8 PRESTIGE PLAZA DR SUITE 106   MAIMISBURG   OH   45342
9058   BANK OF AMERICA   8100 FORSYTH BLVD   ST LOUIS   MO   63105   (314) 466-0482         1026 SOUTH BRENTWOOD BLVD   RICHMOND HEIGHTS   MO   63117
9059   CHASE (JPMORGAN)   18100 WEST ELEVEN MILE ROAD   LATHRUP VILLAGE   MI   48076   (248) 424-8720         25000 SOUTHFIELD ROAD   SOUTHFIELD   MI   48075
9060   CHASE (JPMORGAN)   1234 MONROE   DEARBORN   MI   48124   (313) 565-8800         234000 MICHIGAN AVENUE   DEARBORN   MI   48124
9063   CHASE (JPMORGAN)   43100 GRAND RIVER AVENUE   NOVI   MI   48375   (248) 349-2424         43115 CRESCENT BLVD   NOVI   MI   48375
9064   CHASE (JPMORGAN)   13999 LAKESIDE CIRCLE   STERLING HEIGHTS   MI   48313   (586) 247-4900         13451 HALL ROAD   UTICA   MI   48315
9066   BANK OF AMERICA   508 Pompton Ave   Cedar Grove   NJ   07009   (800) 841-4000         540 Us Highway 46   Totowa   NJ   07512
9067   BANK OF AMERICA   46 Parsonage Rd   Menlo Park   NJ   08837   (800) 841-4000         236 Lafayette Rd   Edison   NJ   08837
9068   BANK OF AMERICA   14002 NORTH DALE MABRY HIGHWAY   TAMPA   FL   33618   (813) 264-2006         14354 NORTH DALE MABRY HWY   TAMPA   FL   33618
9069   BANK OF AMERICA   2293 SANDLAKE ROAD   ORLANDO   FL   32809   (407) 855-3181         7939 SO. ORANGE BLOSOM TRAIL   ORLANDO   FL   32809
9070   BANK OF AMERICA   11800 ROCKVILLE PIKE   ROCKVILLE   MD   20852   (301) 881-8390         11503-A ROCKVILLE PIKE   ROCKVILLE   MD   20852
9071   CHASE (JPMORGAN)   431 WEST SOUTHERN AVENUE   MESA   AZ   85210   (480) 890-5343         1110 WEST SOUTHERN AVENUE   MESA   AZ   85210
9072   CHASE (JPMORGAN)   3235 NORTH MESQUITE   MESQUITE   TX   75150   (972) 270-5481         1725 NORTH TOWN EAST BLVD   MESQUITE   TX   75150
9073   CHASE (JPMORGAN)   2000 WEST 15TH STREET   PLANO   TX   75075   (972) 423-6527         1025 NO CENTRAL EXPRESSWAY   PLANO   TX   75075
9074   CHASE (JPMORGAN)   1337 GESSNER   HOUSTON   TX   77055   (713) 751-6100         1005 GESSNER STREET   HOUSTON   TX   77055
9075   CHASE (JPMORGAN)   8515 FONDREN   HOUSTON   TX   77074   (713) 751-6100         7115 SOUTHWEST FREEWAY   HOUSTON   TX   77074
9076   CHASE (JPMORGAN)   3751 MATLOCK ROAD   ARLINGTON   TX   76015   (817) 468-8649         4110 SOUTH COOPER STREET   ARLINGTON   TX   76015
9080   BANK OF AMERICA   220 SOUTH ESCONDIDO BLVD   ESCONDIDO   CA   92025-4183   (760) 489-2001         1004 WEST VALLEY PARKWAY # 23   ESCONDIDO   CA   92025
9081   BANK OF AMERICA   203 NORTH GLENDALE AVENUE   GLENDALE   CA   91206   (818) 500-5096         340 NORTH GLENDALE AVE   GLENDALE   CA   91206
9082   BANK OF AMERICA   19240 NORDHOFF STREET   NORTHRIDGE   CA   91324   (818) 885-4060         19422 NORDOFF STREET (Nordhoff Plaza)   NORTHRIDGE   CA   91324
9083   CHASE (JPMORGAN)   105 SOUTH ST. MARY’S   SAN ANTONIO   TX   78205   (210) 271-8200         11075 IH-10 WEST SUITE 302   SAN ANTONIO   TX   78230
9084   BANK OF AMERICA   1108 THE MALL IN COLUMBIA   COLUMBIA   MD   33401   (410) 730-8971         10300 LITTLE PATUXENT PKWY   COLUMBIA   MD   21044
9102   BANK OF AMERICA   170 Main St   East Haven   CT   06512   (800) 841-4000         96 Frontage Rd   East Haven   CT   06512
9103   BANK OF AMERICA   2150 Black Rock Turnpike (Rt 58)   Fairfield   CT   06825   (800) 841-4000         2367 Black Rock Tpke   Fairfield   CT   06825
9105   BANK OF AMERICA   900 BALD HILL ROAD   WARWICK   RI   02886   (401) 821-7588         800 BALD HILL RD   W WARWICK   RI   02893
9106   BANK OF AMERICA   2747 DUKE STREET   ALEXANDRIA   VA   22314           6222 LITTLE RIVER TPKE   ALEXANDRIA   VA   22312
9108   CHASE (JPMORGAN)   18100 WEST ELEVEN MILE ROAD   LATHRUP VILLAGE   MI   48076   (248) 424-8720         26740 SOUTHFIELD RD   LATHRUP VILLAGE   MI   48076
9112   BANK OF AMERICA   71 Faunce Corner Rd   North Dartmouth   MA   02747   (800) 841-4000         [294-299] Faunce Corner Rd   North Dartmouth   MA   02747
9114   CHASE (JPMORGAN)   7400 SOUTH PENNSYLVANIA   OKLAHOMA CITY   OK   73159   (405) 231-6000         2209 SW 74 ST SUITE 318   OKLAHOMA CITY   OK   73159
9117   BANK OF AMERICA   310 Daniel Webster Highway   Nashua   NH   03060   (800) 841-4000         440 Middlesex Rd   Tyngsboro   MA   01879
9119   CHASE (JPMORGAN)   4730 WEST 79th STREET   CHICAGO   IL   60652   (773) 585-7700         8735 S CICERO AVE   HOMETOWN   IL   60456
9120   CHASE (JPMORGAN)   880 Roosevelt Road   Glen Ellyn   IL   60137   (630) 942-1579         17 West 480 22nd Street   LOMBARD   IL   60148
9121   WACHOVIA BANK   2710 SOUTH 3RD ST   PHILADELPHIA   PA   19148   (215) 334-2639         2715 S FRONT ST SPACE #6   PHILADELPHIA   PA   19148
9123   BANK OF AMERICA   2030 COLISEUM DRIVE SUIT A   HAMPTON   VA   23666   (757) 896-3300         1044 W MERCURY BLVD   HAMPTON   VA   23666
9124   BANK OF AMERICA   600 Silas Deane Highway   Wethersfield   CT   06109   (800) 841-4000         1138 Silas Deane Hwy   Wethersfield   CT   06109
9127   CHASE (JPMORGAN)   1225 SOUTH PARK DRIVE   GREENWOOD   IN   46143   (317) 321-4004         884 N US 31 GREENWOOD SHOPPES   GREENWOOD   IN   46142
9131   BANK OF AMERICA   1188 NIAGARA FALLS BLVD   TONAWANDA   NY   14150   (716) 833-3330         1228-1230 NIAGARA FALLS BLVD   TONAWANDA   NY   14150
9133   BANK OF AMERICA   7207 EAST INDEPENDENCE BLVD   CHARLOTTE   NC   28227   (704) 386-5865         5030 E INDEPENDENCE BLVD   CHARLOTTE   NC   28212
9137   BANK OF AMERICA   330 BUSH RIVER ROAD   COLUMBIA   SC   29210   (803) 765-4730         125 OUTLET POINT BLVD   COLUMBIA   SC   29210
9139   BANK OF AMERICA   7420 RIVERS AVENUE   NORTH CHARLESTON   SC   29406           7800 RIVERS AVE SUITE 1440   CHARLESTON   SC   29406
9142   BANK OF AMERICA   1774 WASHINGTON STREET   HANOVER   MA   02339   (800) 841-4000         1410 WASHINGTON ST HANOVER SC   HANOVER   MA   02339
9144   BANK OF AMERICA   225 MEMORIAL AVENUE   WEST SPRINGFIELD   MA   01089   (413) 746-3263         223-227 MEMORIAL AVE   W SPRINGFIELD   MA   01089
9147   BANK OF AMERICA   245 WEST DAVIS STREET   BURLINGTON   NC   27216           2397 CORPORATION PKWY   BURLINGTON   NC   27215
9149   BANK OF AMERICA   133 Wolf Rd   Albany   NY   12205   (800) 841-4000         110 Wolf Rd   Albany   NY   12205
9152   BANK OF AMERICA   2501 NORTH OAK STREET   MYRTLE BEACH   SC   29577   (843) 946-2100         Tanger Outlet Center on Highway 501, 4630 Factory Stores Blvd, Suite A-105   MYRTLE BEACH   SC   29579
9155   CHASE (JPMORGAN)   100 NORTH BROADWAY   OKLAHOMA CITY   OK   73102   (405) 231-6000         3617 NORTHWEST EXWY   OKLAHOMA CITY   OK   73112
9157   BANK OF AMERICA   756 TWO MILE PARKWAY   GOODLETESVILLE   TN   37072           1596 GALLATIN PIKE N   MADISON   TN   37115
9159   BANK OF AMERICA   2850 PRINCE WILLIAM PARKWAY   WOODBRIDGE   VA   22191           SMOKETOWN STATION, 13289 WORTH AVE.   WOODBRIDGE   VA   22192
9160   BANK OF AMERICA   858 WASHINGTON ST   DEDHAM   MA   02026   (800) 841-4000         735 PROVIDENCE HWY   DEDHAM   MA   02026
9161   BANK OF AMERICA   One Post Office Square   Lynnfield   MA   01940   (800) 841-4000         87 Broadway   Saugus   MA   01906
9165   CHASE (JPMORGAN)   2904 NORTH BELTLINE ROAD   IRVING   TX   75062   (972) 255-8556         2608 N BELTLINE RD   IRVING   TX   75062
9166   BANK OF AMERICA   1263 MILITARY RD   NIAGARA FALLS   NY   14304   (716) 283-8783         1852 MILITARY RD   NIAGARA FALLS   NY   14304
9167   BANK OF AMERICA   1720 E. FOWLER AVENUE   TAMPA   FL   33612   (813) 971-5088         2576 E FOWLER AVE   TAMPA   FL   33612
9168   BANK OF AMERICA   738 Long Hill Rd (Rt 1)   Groton   CT   06340   (800) 841-4000         984 Poquonnock Rd   Groton   CT   06340
9171   CHASE (JPMORGAN)   2325 SOUTHLAKE MALL   MERRILLVILLE   IN   46410   (219) 738-4254         2217A E 80TH AVE   MERRILLVILLE   IN   46410
9172   BANK OF AMERICA   7220 SAND LAKE RD   ORLANDO   FL   32819   (407) 351-4220         5728 INTERNATIONAL DR   ORLANDO   FL   32819
9174   BANK OF AMERICA   3333 WEST HENRIETTA RD   ROCHESTER   NY   14623   (585) 475-1687         3333 W HENRIETTA RD SUITE 22   ROCHESTER   NY   14623
9175   BANK OF AMERICA   1349 BOSTON POST ROAD   MILFORD   CT   06460   (203) 876-3383         1501 BOSTON POST RD   MILFORD   CT   06460
9176   BANK OF AMERICA   2105 PINECROFT ROAD   GREENSBORO   NC   27407           3806-A HIGH POINT RD   GREENSBORO   NC   27407
9177   CHASE (JPMORGAN)   3501 LAFAYETTE RD   INDIANAPOLIS   IN   46254   (317) 321-7156         4664 W. 38TH ST.   INDIANAPOLIS   IN   46254
9178   BANK OF AMERICA   880 NORTH MILITARY HIGHWAY   NORFOLK   VA   23502   (757) 466-5150         6109 E. VIGINIA BEACH BLVD.   NORFOLK   VA   23502

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

            8   CM Accts by Name   8/17/2010        


Exhibit 7.1

Direct Deposit Accounts

 

STORE NO.

 

Bank_Name

 

BANK_ADDRESS

 

CITY

 

ST

 

ZIP

 

TELEPHONE

  ACCOUNT
# ***
  ACH ROUTING
# ***
  DEP. ROUTING
# ***
 

STORE_ADDRESS

 

CITY

 

ST

  ZIP
9180   BANK OF AMERICA   425 Forest Avenue   Paramus   NJ   07652   (800) 841-4000         443 N State Rt 17   Paramus   NJ   07652
9181   BANK OF AMERICA   702 NORTH ROLLING ROAD   BALTIMORE   MD   21228   (410) 744-2166         6217 BALTIMORE NATIONAL PIKE   BALTIMORE   MD   21228
9182   CHASE (JPMORGAN)   7315 WEST IRVING PARK ROAD   CHICAGO   IL   60634   (773) 589-2004         4151 N HARLEM AVE   HARWOOD HEIGHTS   IL   60656
9183   CHASE (JPMORGAN)   1 SOUTH NORTHWEST HIGHWAY   PARK RIDGE   IL   60068   (847) 518-7100         9517 N MILWAUKEE AVE   NILES   IL   60714
9184   CHASE (JPMORGAN)   9540 TELEGRAPH RD   REDFORD   MI   48239   (313) 537-9060         9189 TELEGRAPH RD REDFORD PLZ   REDFORD TOWNSHIP   MI   48239
9185   BANK OF AMERICA   684 Fellsway   Medford   MA   02155   (800) 841-4000         686 Fellsway   Medford   MA   02155
9186   WACHOVIA BANK   2441 A RT 22 WEST   UNION   NJ   07083   (908) 688-2280         2456 US HWY 22   UNION   NJ   07083
9187   US BANK   2690 Snelling Avenue North   ROSEVILLE   MN   55113           1671 COUNTY RD C   ROSEVILLE   MN   55113
9188   BANK OF AMERICA   1801 Richmond Road   Williamsburg   VA   23185   (757) 259-5481         Center of Lightfoot, VA 23090   Lightfoot   VA   23090
9190   CHASE (JPMORGAN)   7606 WEST MORGAN AVENUE   MILWAUKEE   WI   53220   (414) 546-7485         4751 S 76TH ST KOPP SHOP CTR   GREENFIELD   WI   53220
9191   BANK OF AMERICA   99 Rockingham Park Boulevard   Salem   NH   03079   (800) 841-4000         346 S Broadway   Salem   NH   03079
9193   BANK OF AMERICA   994 Middle Country Rd   Selden   NY   11784   (800) 841-4000         2049 Middle Country Rd   Centereach   NY   11720
9194   CHASE (JPMORGAN)   2255 NORTH CALHOUN ROAD   BROOKFIELD   WI   53005   (262) 821-4321         17500-A WEST BLUEMOND RD   BROOKFIELD   WI   53005
9195   BANK OF AMERICA   12430 ST. CHARLES ROAD   BRIDGETON   MO   63044           3535 N LINDBERG BLVD   ST ANN   MO   63074
9196   US BANK   1760 Beam Avenue   MAPLEWOOD   MN   55109           1845 COUNTY RD D   MAPLEWOOD   MN   55109
9197   BANK OF AMERICA   75 Middlesex Turnpke   Burlington   MA   01803   (800) 841-4000         34 Cambridge St   Burlington   MA   01803
9199   BANK OF AMERICA   1290 HOOPER AVENUE   TOMS RIVER   NJ   08753   (732) 240-3300         BEY LEA PLZ 1232 HOOPER AVE   TOM’S RIVER   NJ   08753
9200   CHASE (JPMORGAN)   1122 NORTH CLARK STREET   CHICAGO   IL   60610   (312) 407-2626         2949 W ADDISON ST ADDISON MALL   CHICAGO   IL   60618
9201   US BANK   8000 Lyndale Avenue South   Bloomington   MN   55420           6601 NICOLLET AVE.   RICHFIELD   MN   55423
9202   First Banking   7500 GREENBAY ROAD   KENOSHA   WI   53142   (262) 697-7505         7700 120TH AVE UNIT 404   KENOSHA   WI   53142
9204   WASHINGTON MUTUAL   51 ROCKLAND CENTER   NANUET   NY   10954   (845) 627-6911         23 ROCKLAND CTR SPACE NO. 12   NANUET   NY   10954
9205   CHASE (JPMORGAN)   2101 SOUTH BEND AVENUE   SOUTH BEND   IN   46637   (574) 283-4150         INDIAN RIDGE SC 5776 GRAPE RD   MISHAWAKA   IN   46545
9206   CHASE (JPMORGAN)   7750 NORTH WAYNE ROAD   WESTLAND   MI   48185   (734) 425-8605         35592 W WARREN RD   WESTLAND   MI   48185
9207   BANK OF AMERICA   2604 Central Park Ave (was 2550-2560)   Yonkers   NY   10710   (800) 841-4000         2369 Central Park Ave   Yonkers   NY   10710
9208   CHASE (JPMORGAN)   5485 EAST HURON RIVER DRIVE   YPSILANTI   MI   48197   (734) 995-8094         3576 WASHTENAW AVE   ANN ARBOR   MI   48104
9209   CHASE (JPMORGAN)   3166 WEST HURON STREET   WATERFORD   MI   48328   (248) 681-0900         9 N TELEGRAPH RD   WATERFORD   MI   48328
9210   CHASE (JPMORGAN)   2310 WEST 95th STREET   CHICAGO   IL   60643   (708) 445-1770         2637 WEST 95TH ST., EVERGREEN COMMONS   EVERGREEN PARK   IL   60805
9211   WASHINGTON MUTUAL   5230 FLATBUSH AVENUE & AVENUE U   BROOKLYN   NY   11234   (718) 692-5850         2435 FLATBUSH AVE   BROOKLYN   NY   11234
9213   BANK OF AMERICA   195 Bristol Oxford Valley Road   Langhorne   PA   19047   (800) 841-4000         2500 E Lincoln Hwy   Langhorne   PA   19047
9214   CHASE (JPMORGAN)   260 JOHN R   TROY   MI   48083   (248) 524-6224         100 W 12 MILE RD SPACE K   MADISON HEIGHTS   MI   48071
9217   CHASE (JPMORGAN)   833 SOUTH HIGH STREET   COLUMBUS   OH   43206   (614) 248-2480         SANCUS RETAIL CENTER, 1154 POLARIS PKW   COLUMBUS   OH   43240
9220   CHASE (JPMORGAN)   4763 GREAT NORTHERN BLVD   NORTH OLMSTED   OH   44070   (440) 777-4888         25180 LORAIN RD   N OLMSTED   OH   44070
9221   BANK OF AMERICA   2669 MURFREESBORO ROAD   NASHVILLE   TN   37217           5295 HICKORY HOLLOW PKWY #1015   ANTIOCH   TN   37013
9223   BANK OF AMERICA   141 SOUTH ROCK RD   WICHITA   KS   67207   (316) 261-4557         8303 KELLOGG ST SUITE 444   WICHITA   KS   67207
9224   CHASE (JPMORGAN)   4144 BAY RD   SAGINAW   MI   48603   (989) 771-2440         4434 BAY RD   SAGINAW   MI   48603
9225   BANK OF AMERICA   6711 RITCHIE HIGHWAY   GLEN BURNIE   MD   21061-2395   (410) 766-3500         6710 GOVERNOR RITCHIE HWY   GLEN BURNIE   MD   21061
9227   BANK ONE   17800 FORT STREET   RIVERVIEW   MI   48192   (734) 284-0365         18700 EUREKA RD SPACE 1,2,3   SOUTHGATE   MI   48195
9229   US BANK   100 NORTH 56TH STREET   LINCOLN   NE   68504   (402) 467-8002         101 S 48TH SUITE 4   LINCOLN   NE   68510
9232   CHASE (JPMORGAN)   4600 DRESSLER ROAD   CANTON   OH   44718   (330) 492-4431         5106-5108 WHIPPLE NW   CANTON   OH   44718
9235   CHASE (JPMORGAN)   111 EAST COURT STREET   FLINT   MI   48502   (810) 237-3880         G4365 MILLER RD   FLINT   MI   48507
9236   UNITED SAVINGS BANK   301 BALTIMORE PIKE & WEST AVE   SPRINFFIELD   PA   19064-3809   (610) 544-9090         220 BALTIMORE PIKE   SPRINGFIELD   PA   19064
9237   BANK ONE   2475 SOUTH HAMILTON ROAD   COLUMBUS   OH   43232   (614) 248-2490         2577 S HAMILTON RD   COLUMBUS   OH   43232
9241   BANK OF AMERICA   7595 ORA GLENN DRIVE   GREENBELT   MD   20770           7565 GREENBELT RD SPACE 205   GREENBELT   MD   20770
9242   BANK OF AMERICA   183 Quaker Rd   Queensbury   NY   12804   (800) 841-4000         1492 State Route 9   Lake George   NY   12845
9247   US BANK   1493 Robert Street South   WEST ST PAUL   MN   55118           1733 S ROBERTS ST   W ST PAUL   MN   55118
9250   BANK OF AMERICA   910 TALON DRIVE   O’FALLON   IL   62269           319 LINCOLN HWY   FAIRVIEW HEIGHTS   IL   62208
9251   CITIZENS NATIONAL BANK   PO BOX 4610 PIGEON FORGE OFFICE   SEVIERVILLE   TN   37864-4610   (865) 429-7585         2655 TEASTER LANE   PIGEON FORGE   TN   37863
9252   US BANK   72nd and Dodge   OMAHA   NE   68114           7604 DODGE ST   OMAHA   NE   68114
9254   CHASE (JPMORGAN)   120 NORTH SCOTT   JOLIET   IL   60432   (815) 727-2601         1359 N LARKIN ST   JOLIET   IL   60435
9256   BANK OF AMERICA   300 MERCER MALL   LAWRENCEVILLE   NJ   08648   (609) 452-2923         3256 BRUNSWICK PIKE   LAWRENCEVILLE   NJ   08648
9257   CHASE (JPMORGAN)   5435 NORTHFIELD ROAD   BEDFORD HEIGHTS   OH   44146   (216) 475-5300         4755 NORTHFIELD RD   N RANDALL   OH   44128
9258   SKY BANK   4105 TALMADGE ROAD   TOLEDO   OH   43623   (419) 254-7052        

5212 MONROE ST

SUITE B

  TOLEDO   OH   43623
9260   NORTHWEST SAVINGS BANK   8 MILLCREEK SQUARE   ERIE   PA   16509   (814) 866-3900         7 MILLCREEK SQ   ERIE   PA   16565
9266   TRUSTMARK BANK   3714 CANADA RD   LAKELAND   TN   38002   (901) 377-3868         3536 CANADA RD SPACE 8A   LAKELAND   TN   38002
9267   CHASE (JPMORGAN)   111 Monument Circle   INDIANAPOLIS   IN   46204   317-321-7020         10027 E WASHINGTON ST   INDIANAPOLIS   IN   46229
9270   CHASE (JPMORGAN)   2404 EAST OAKLAND AVENUE   BLOOMINGTON   IL   61701   (309) 433-9151         1407 N VETERANS PKWY   BLOOMINGTON   IL   61704
9271   CHASE (JPMORGAN)   202 FOREST BLVD   PARK FOREST   IL   60466   (708) 747-2400         4744 W LINCOLN PKWY   MATTESON   IL   60443
9272   BANK OF AMERICA   17 Wallingford Sq   Kittery   ME   03904   (800) 841-4000         8 Dexter Ln   Kittery   ME   03904
9273   CHASE (JPMORGAN)   1935 BRETON ROAD SOUTHEAST   GRAND RAPIDS   MI   49506   (616) 771-7025         3931 28TH ST SE   GRAND RAPIDS   MI   49512
9274   CHASE (JPMORGAN)   1 EAST OLD STATE CAPITOL PLAZA   SPRINGFIELD   IL   62701   (217) 525-9600         2450 WABASH SPACE 101   SPRINGFIELD   IL   62704
9278   BANK OF AMERICA   10700 MIDLOTHIAN TURNPIKE   RICHMOND   VA   23235   (804) 378-8675         11003 MIDLOTHIAN TPKE   RICHMOND   VA   23225
9280   FIRST NAT’L BANK OF PA   5004 MCKNIGHT RD   PITTSBURG   PA   15237   (412) 369-0990         4700 MCKNIGHT RD   PITTSBURGH   PA   15237
9283   CHASE (JPMORGAN)   5400 MAYFIELD ROAD   LYNDHURST   OH   44124   (440) 442-7800         5419 MAYFIELD RD   LYNDHURST   OH   44124
9286   BANK OF AMERICA   1699 Whitney Ave   Hamden   CT   06517   (800) 841-4000         1869 Dixwell Ave   Hamden   CT   06514
9290   CITIZENS BANK   1313 FRANKLIN MILLS CIRCLE   PHILADELPHIA   PA   19154   (215) 637-9515         1441 FRANKLIN MILLS CIRCLE   PHILADELPHIA   PA   19154
9291   BANK OF AMERICA   502 SOUTH COLLEGE ROAD   WILMINGTON   NC   28403           351 S COLLEGE RD SPACE D-19   WILMINGTON   NC   28403

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

            8   CM Accts by Name   8/17/2010        


Exhibit 7.1

Direct Deposit Accounts

 

STORE NO.

 

Bank_Name

 

BANK_ADDRESS

 

CITY

 

ST

 

ZIP

 

TELEPHONE

  ACCOUNT
# ***
  ACH ROUTING
# ***
  DEP. ROUTING
# ***
 

STORE_ADDRESS

 

CITY

 

ST

 

ZIP

9292   BANK OF AMERICA   1469 Route 9   Wappingers Falls   NY   12590   (800) 841-4000         1955 South Rd   Poughkeepsie   NY   12601
9293   CHASE (JPMORGAN)   50 SOUTH MAIN STREET   AKRON   OH   44308   (330) 972-1984         1950 BUCHOLZER AVE   AKRON   OH   44310
9298   PNC BANK   505 NORTH DUPONT HIGHWAY   DOVER   DE   19901   (888) 762-2265         1037 N DUPONT HWY   DOVER   DE   19901
9299   US BANK   231 County Road 10 NE   Blaine   MN   55434           N CT COMMONS SP 13 670 HWY 10   BLAINE   MN   55434
9302   BANK OF AMERICA   1123 SOUTH UNIVERSITY   LITTLE ROCK   AR   72205   (501) 664-3613         1216 S UNIVERSITY AVE   LITTLE ROCK   AR   72204
9304   CHASE (JPMORGAN)   2109 WEST CENTRE   PORTAGE   MI   49002   (269) 323-0381         6749 S WESTNEDGE AVE   PORTAGE   MI   49081
9306   M & T BANK   811 KIDDER STREET   WILKES-BARRE   PA   18702   (570) 824-5915         TRIANGLE PLZ 677H KIDDER ST   WILKES BARRE   PA   18702
9309   BANK OF AMERICA   3400 WESTOWN PARKWAY   WEST DES MOINES   IA   50266   (515) 224-0615         8801 UNIVERSITY AVE   CLIVE   IA   50325
9311   PNC BANK   32 MIRACLE MILE SHOPPING CENTER   MONROEVILLE   PA   15146   (412) 373-2476         3832 WILLIAM PENN HWY   MONROEVILLE   PA   15146
9312   BANK OF AMERICA   67 Old Newtown Rd   Danbury   CT   06810   (800) 841-4000         100 Newtown Rd   Danbury   CT   06810
9316   SUSQUEHANNA BANK   366 HARTMAN BRIDGE RD   STRESBURY   PA   17579   (717) 687-8454         35 S WILLOWDALE DR BOX 807   LANCASTER   PA   17602
9319   US BANK   5501 WEST 41ST   SIOUX FALLS   SD   57106           3500 W 41ST ST   SIOUX FALLS   SD   57106
9322   BANK OF AMERICA   19 Ridgedale Ave   East Hanover   NJ   07936   (800) 841-4000         368 State Route 10   East Hanover   NJ   07936
9323   FIRST CITIZENS BANK   241 EAST MARKET ST, PO BOX 1377   SMITHFIELD   NC   27577-1377   (919) 989-3274         2400 INDUSTRIAL PK DR SP 450   SMITHFIELD   NC   27577
9324   US BANK   3802 13th Avenue South   FARGO   ND   58103           4340 13TH AVE SW   FARGO   ND   58103
9326   CHASE (JPMORGAN)   1836 NORTH BROADWAY   MELROSE PARK   IL   60160   (708) 450-1674         1180 1/2 WEST NORTH AVE. WINSTON PLAZA   MELROSE PARK   IL   60160
9327   CHASE (JPMORGAN)   30730 GROESBECK HIGHWAY   ROSEVILLE   MI   48066   (586) 775-7800         30160 GRATIOT AVE   ROSEVILLE   MI   48066
9330   BANK OF AMERICA   251 Glen Cove Rd   Carle Place   NY   11514   (800) 841-4000         152 Glen Cove Rd   Carle Place   NY   11514
9331   BANK OF AMERICA   4495 LEMAY FERRY ROAD   ST LOUIS   MO   63129           7328 S LINDBERGH BLVD   ST LOUIS   MO   63125
9333   BANK OF AMERICA   4189 SOUTH SERVICE ROAD   ST PETERS   MO   63376           4083 Veteran’s Memorial Parkway   ST PETERS   MO   63376
9334   CHASE (JPMORGAN)   3115 RIDGE ROAD   LANSING   IL   60438   (708) 474-6161         16819 TORRENCE AVE   LANSING   IL   60438
9336   BANK OF AMERICA   425 Philbrook Ave   South Portland   ME   04106   (800) 841-4000         220 Maine Mall Rd   S Portland   ME   04106
9339   BANK OF AMERICA   47 West Main St   Patchogue   NY   11772   (800) 841-4000         49956 N Service Rd   Patchogue   NY   11772
9340   BANK OF AMERICA   7520 MARLBORO PIKE   FORESTVILLE   MD   20747   (301) 817-7760         5736 SILVER HILL RD   DISTRICT HEIGHTS   MD   20747
9343   PNC BANK   2101 PARK MANOR BLVD   PITTSBURGH   PA   15205   (412) 787-5757         6528 Steubenville Pike, Robinson Court   PITTSBURGH   PA   15205
9345   BANK OF AMERICA   1821 CINNAMINSON AVE   CINNAMINSON   NJ   08077   (856) 786-8780         US S. Rte 130 - 195 Cinnaminson Avenue   RIVERTON   NJ   08077
9347   CHASE (JPMORGAN)   6660 SOUTH SHERIDAN ROAD   TULSA   OK   74133   (918) 586-1000         8228 E 61ST ST SUITE 101   TULSA   OK   74133
9348   M & T BANK       PA   17404   (717) 852-4555         MAPLE VLG II 970 LOUCKS RD   YORK   PA   17404
9349   FIFTH THIRD BANK   1250 NORTH GREEN RIVER RD   EVANSVILLE   IN   47715   (812) 474-2741         1530 N GREEN RIVER RD BLDG A   EVANSVILLE   IN   47715
9351   FIRST TENNESSEE   5526 BRAINERD RD   CHATTANOOGA   TN   37411   (423) 954-2520         BRAINARD PK 5799 BRAINARD RD   CHATTANOOGA   TN   37411
9354   NATIONAL CITY BANK   2521 CAPITAOL AVE SW LOCATOR K-B05-XX   BATTLE CREEK   MI   49015   (616) 963-0771         5568 BECKLEY RD   BATTLE CREEK   MI   49017
9355   THE PARK AVE BANK   1012 LAKES BLVD   LAKE PARK   GA   31636   (229) 559-7056         5265 MILL STORE RD. SP 30   LAKE PARK   GA   31636
9356   CHASE (JPMORGAN)   8515 FONDREN   HOUSTON   TX   77074   (713) 751-6100         6898 SOUTHWEST FREEWAY   HOUSTON   TX   77074
9360   CHASE (JPMORGAN)   201 SOUTH WASHINGTON SQUARE   LANSING   MI   48933   (517) 487-1037         5849 W SAGINAW HWY DELTA CTR   LANSING   MI   48917
9361   CHASE (JPMORGAN)   1414 WEST OAK STREET   ZIONSVILLE   IN   46077   (317) 266-7316         501 COLISEUM BLVD E   FT WAYNE   IN   46805
9363   CHASE (JPMORGAN)   8515 5th Ave   BROOKLYN   NY   11209   (718) 439-5648         527 86TH ST BAYRIDGE   BROOKLYN   NY   11209
9365   CHASE (JPMORGAN)   1200 MCKINNEY, STE 433   HOUSTON   TX   77010   (713) 751-6100         4608 FM 1960 W NORTHWOODS SC   HOUSTON   TX   77069
9366   CHASE (JPMORGAN)   7000 GRAPEVINE HIGHWAY   FORT WORTH   TX   76180   (817) 884-4000         N EAST SC 8704A AIRPORT FREEWY   HURST   TX   76053
9367   BANK OF AMERICA   5310 Sunrise Highway   MASSAPEQUA   NY   11762   (800) 841-4000         5060A SUNRISE HWY   MASSAPEQUA   NY   11762
9368   CHASE (JPMORGAN)   3100 W. BROAD STREET   COLUMBUS   OH   43204   (614) 248-2630         W BROAD CTR 3659 W BROAD ST   COLUMBUS   OH   43228
9370   CHASE (JPMORGAN)   3856 WEST 26TH STREET   CHICAGO   IL   60402   (773) 277-5300         7365 25TH ST N RIVERSIDE PLZ   N RIVERSIDE   IL   60546
9371   BANK OF AMERICA   1355 N. Delsea Drive   Deptford   NJ   08096   (800) 841-4000         Center of Deptford, NJ 08096   Deptford   NJ   08096
9373   CHASE (JPMORGAN)   6400 GRAND AVE   GURNEE   IL   60031   (847) 782-3690         6170 W GRAND AVE SPACE 381   GURNEE   IL   60031
9374   HSBC BANK USA   3478 BOSTON RD   BRONX   NY   10475   (718) 991-7233         BAY PLAZA , 2094 BARTOW AVE   BRONX   NY   10475
9375   CHASE (JPMORGAN)   633 NORTHLAND BLVD   CINCINNATI   OH   45240   (513) 595-6410         CASINELLI SQ 129 E KEMPTER RD   SPRINGDALE   OH   45246
9376   CHASE (JPMORGAN)   45 EAST FOURTH STREET   CINCINNATI   OH   45202   (513) 784-0770         KENWOOD CTR 7324 KENWOOD RD   CINCINNATI   OH   45236
9377   CHASE (JPMORGAN)   101 MONUMENT CIRCLE   INDIANAPOLIS   IN   46204   (317) 321-7020         6024 E 82ND ST CASTLETON SHOPS   INDIANAPOLIS   IN   46250
9378   CHASE (JPMORGAN)   8800 WEST BROWN DEER ROAD   MILWAUKEE   WI   53224   (414) 365-6306         7817 W BROWN DEER RD   BROWN DEER   WI   53223
9379   BANK OF AMERICA   188 Boston Turnpike Road   Shrewsbury   MA   01545   (800) 841-4000         80 80a Boston Tpke   Shrewsbury   MA   01545
9380   BANK OF AMERICA   3375 LEONARDTOWN ROAD   WALDORF   MD   20602           3376 CRAIN HIGHWAY   WALDORF   MD   20601
9381   CHASE (JPMORGAN)   533 LYNDON LANE   LOUISVILLE   KY   40222   (502) 566-2291         7635 SHELBYVILLE RD   LOUISVILLE   KY   40222
9383   BANK OF AMERICA   1000 Cottman Ave   Philadelphia   PA   19111   (800) 841-4000         2375 Cottman Ave   Philadelphia   PA   19149
9384   CHASE (JPMORGAN)   7990 WASHINGTON VILLAGE DRIVE   DAYTON   OH   45459   (937) 443-6290         7924 SPRINGBORO PIKE   MIAMISBURG   OH   45342
9387   CHASE (JPMORGAN)   30 NORTH MAIN STREET   POLAND   OH   44514   (330) 757-0852         926 BOARDMAN-POLAND RD   BOARDMAN   OH   44512
9388   INDEPENDENCE BANK   2655 RICHMOND AVE   STATEN ISLAND   NY   10314   (718) 370-3623         2295 RICHMOND AVE SPACE 63   STATEN ISLAND   NY   10314
9390   CHASE (JPMORGAN)   303 SOUTH MAIN   DUNCANVILLE   TX   75116   (972) 780-4207         3209 CAMP WISDOM RD   DALLAS   TX   75237
9391   CITIZENS BANK   2084 NAMANS ROAD   WILMINGTON   DE   19808   (302) 421-2358         3924 KIRKWOOD HWY RTE 2   WILMINGTON   DE   19808
9393   CHASE (JPMORGAN)   600 SOUTH TYLER STREET, SUITE 100   AMARILLO   TX   79101   (806) 378-3100         WOFLIN SQ 2217 I-40 W   AMARILLO   TX   79109
9395   CHASE (JPMORGAN)   7979 PLAZA BLVD   MENTOR   OH   44060   (440) 352-5530         7619 MENTOR AVE   MENTOR   OH   44060
9396   BANK OF AMERICA   236 West DeKalb Pike   King of Prussia   PA   19406   (800) 841-4000         445 W Dekalb Pike   King Of Prussia   PA   19406
9397   CHASE (JPMORGAN)   1200 MCKINNEY, STE 433   HOUSTON   TX   77010   (713) 751-6100         10911 1-10 East Freeway   HOUSTON   TX   77029
9398   BANK OF AMERICA   12400 NORTH FREEWAY   HOUSTON   TX   77060   (281) 874-6166         GREENSPOINTE SQ 153 GREENS RD   HOUSTON   TX   77060
9400   VALLEY NATIONAL BANK   54 MILL CREEK MALL   Secaucus   NJ   07094   (201) 583-9030         3 Mill Creek Dr   Secaucus   NJ   07094
9401   HSBC BANK USA   200 OAKDALE MALL   JOHNSON CITY   NY   13790   800-975-4722         223 REYNOLDS RD OAKDALE MALL 3A   JOHNSON CITY   NY   13790
9402   CHASE (JPMORGAN)   2921 PAT BOOKER, STE 100   UNIVERSAL CITY   TX   78148   (210) 566-5750         8251 Agora Parkway, Suite 101   Selma   TX   78154
9403   BANK OF AMERICA   9460 FM 1960 ROAD WEST   HUMBLE   TX   77338   (281) 548-3703         19723 EASTEX FREEWAY HWY 59   HUMBLE   TX   77338

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

            8   CM Accts by Name   8/17/2010        


Exhibit 7.1

Direct Deposit Accounts

 

STORE NO.

 

Bank_Name

 

BANK_ADDRESS

 

CITY

 

ST

 

ZIP

 

TELEPHONE

  ACCOUNT
# ***
  ACH ROUTING
# ***
  DEP. ROUTING
# ***
 

STORE_ADDRESS

 

CITY

 

ST

  ZIP
9404   BANK OF AMERICA   5144 82ND STREET   LUBBOCK   TX   79424           4408 50TH ST   LUBBOCK   TX   79414
9405   BANK OF AMERICA   9375 KINGSTON PIKE   KNOXVILLE   TN   37922           7834 KINGSTON PIKE   KNOXVILLE   TN   37919
9406   CHASE (JPMORGAN)   124 SOUTHWEST ADAMS STREET   PEORIA   IL   61602   (309) 672-6123         3526-3528 N UNIVERSITY AVE   PEORIA   IL   61602
9407   BANK OF AMERICA   9505 PINEVILLE-MATTHEWS ROAD   PINEVILLE   NC   28134   (704) 386-3980         10610 D CENTRUM PKWY   PINEVILLE   NC   28134
9408   BANK OF AMERICA   14001 METROTECH DRIVE   CHANTILLY   VA   22021           13061 LEE JACKSON MEMORIAL HWY   FAIRFAX   VA   22033
9409   US BANK   900 WEST COUNT ROAD 42   BURNSVILLE   MN   55337           820 W COUNTY RD 42   BURNSVILLE   MN   55337
9411   BANK OF AMERICA   50 Monument Rd   Bala Cynwyd   PA   19004   (800) 841-4000         4510 City Ave   Philadelphia   PA   19131
9412   BANK OF AMERICA   41 Beacon Street   Framingham   MA   01701   (800) 841-4000         150 Worcester Rd   Framingham   MA   01702
9413   BANK OF AMERICA   601 N.W. LOOP 410   SAN ANTONIO   TX   78216   (210) 525-5440         7334 SAN PEDRO BLVD   SAN ANTONIO   TX   78216
9414   BANK OF AMERICA   6605 UPTOWN BLVD NE   ALBUQUERQUE   NM   87110   (505) 282-3030         6601 MENAUL BLVD NE   ALBUQUERQUE   NM   87110
9415   BANK OF AMERICA   241-42 S. Conduit Blvd   Rosedale   NY   11422   (800) 841-4000         320 W Sunrise Hwy   Valley Stream   NY   11581
9416   HSBC BANK USA   1330 PENNSYLVANIA AVE   BROOKLYN   NY   11239   (800) 975-4722         1110 PENNSYLVANIA AVE STORE 18   BROOKLYN   NY   11207
9417   BANK OF AMERICA   3802 S. ALAMEDA   CORPUS CHIRSTI   TX   78404   (361) 851-6600         5118-C S STAPLES ST   CORPUS CHRISTI   TX   78411
9419   BANK OF AMERICA   7676 MCPHERSON ROAD   LAREDO   TX   78041           5504 SAN BERNADO AVE STE 100   LAREDO   TX   78041
9420   BANK OF AMERICA   7703 EASTPOINT MALL   BALTIMORE   MD   21224   (410) 285-4780         7839 EASTPOINT MALL   E BALTIMORE   MD   21224
9421   CHASE (JPMORGAN)   4600 SOUTH HULEN STREET   FT WORTH   TX   76132   (817) 884-4000         4613 S HULEN ST SUITE C   FT WORTH   TX   76132
9422   CHASE (JPMORGAN)   5400 LBJ FREEWAY, STE 150   DALLAS   TX   75240   (972) 934-7501         13398 PRESTON RD   DALLAS   TX   75240
9424   WACHOVIA BANK   53 COLONIAL PARK MALL PA 6665   HARRISBURG   PA   17109   (717) 657-4065         4425 JONESTOWN RD RTE 22   HARRISBURG   PA   17109
9426   CHASE (JPMORGAN)   29700 VAN DYKE ROAD   WARREN   MI   48093   (586) 558-0212         1961 E EIGHT MILE RD   WARREN   MI   48091
9428   CHASE (JPMORGAN)   4401 WEST WISCONSIN AVE   APPLETON   WI   54915   (920) 738-9000         708 N CASALOMA DR STE 10 UNIT3   GRAND CHUTE (APPLETON)   WI   54915
9429   BANK OF AMERICA   1212 HAWKINS BLVD   EL PASO   TX   79925   (915) 590-4921         1111 HAWKINS BLVD   EL PASO   TX   79925
9430   HSBC BANK USA   7731 TARRYTOWN ROAD   GREENBERG   NY   10607   (914) 428-8100         350 TARRYTOWN RD RTE 119   GREENBURGH   NY   10607
9431   COMPASS BANK   2811 EASTERN BLVD   MONTGOMERY   AL   36116   (334) 409-7206         3984 EASTERN BLVD SUITE B   MONTGOMERY   AL   36116
9432   BANK OF AMERICA   29 BLANDING BLVD   ORANGE PARK   FL   32073   (904) 269-1770         66 BLANDING BLVD   ORANGE PARK   FL   32073
9433   BANK OF AMERICA   9550 REGENCY SQUARE BLVD   JACKSONVILLE   FL   32225   (904) 724-4445         9402 ARLINGTON EXWY   JACKSONVILLE   FL   32225
9434   BANK OF AMERICA   1199 NE 163rd STREET   NORTH MIAMI   FL   33162   (305) 947-0691         1749 NE 163RD ST   N MIAMI BEACH   FL   33162
9435   BANK OF AMERICA   5330 HIGHWAY 78   STONE MOUNTAIN   GA   30087   (770) 498-5250         5370 US HWY 78 SUITE 5   STONE MOUNTAIN   GA   30087
9436   BANK OF AMERICA   2850 NO FEDERAL HWY   LIGHTHOUSE POINT   FL   33064   (954) 784-2974         1800 N FEDERAL HWY STE 100   POMPANO BEACH   FL   33062
9438   BANK OF AMERICA   1021 FALL RIVER AVE   SEEKONK   MA   02771   (508)336-0071         185 HIGHLAND AV PRICE CLUB PLZ   SEEKONK   MA   02771
9440   BANK OF AMERICA   821 North Stiles Street   Linden   NJ   07036   (800) 841-4000         1601 W Edgar Rd   Linden   NJ   07036
9441   CHARTER ONE BANK   5 EASTVIEW MALL   VICTOR   NY   14564   (585) 223-0111         170 COBBLESTONE COURT DRIVE   VICTOR   NY   14564
9442   CHITTENDEN BANK   99 DORSET STREET   S BURLINGTON   VT   05403   (802) 658-1444         861 WILLISTON RD STAPLES PLZ   S BURLINGTON   VT   05403
9443   US BANK   8441 WEST BOWLES AVE   LITTLETON   CO   80123           5656 S WADSWORTH BLVD UNIT 2   LITTLETON   CO   80123
9444   M & T BANK   640 Scranton Carbondale Hwy   Scranton   PA   18508   (570) 342-3047         Center of Scranton, PA 18508   Scranton   PA   18508
9445   BANK OF AMERICA   265 Montauk Highway   Islip   NY   11751   (800) 841-4000         1757 Sunrise Hwy   Bay Shore   NY   11706
9447   BANK OF AMERICA   7811 Maple Avenue   Pennsauken   NJ   08109   (800) 841-4000         216 Haddonfield Rd   Cherry Hill   NJ   08002
9448   BANK OF AMERICA   1601 EAST OAKLAND PARK BLVD   OAKLAND PARK   FL   33334   (954) 568-4392         2365 NE 26TH ST WALGREENS PLZ   FT LAUDERDALE   FL   33305
9449   BANK OF AMERICA   8501 SUDLEY RD   MANASSAS   VA   20109   (703) 331-3030         8372 SUDLEY RD   MANASSAS   VA   22109
9451   CHASE (JPMORGAN)   323 SOUTH BARRINGTON ROAD   SCHAUMBURG   IL   60193   (847) 895-3803         1400 GOLF RD WOODFIELD VLG GRN   SCHAUMBURG   IL   60173
9453   BANK OF AMERICA   8 Industrial Way East   Eatontown   NJ   07724   (800) 841-4000         49 State Route 36   Eatontown   NJ   07724
9454   BANK OF AMERICA   1459 Macarthur Rd   Whitehall   PA   18052   (800) 841-4000         2367 Macarthur Rd   Whitehall   PA   18052
9455   CHASE (JPMORGAN)   4503 LAPEER ROAD   KIMBALL   MI   48074   (810) 984-5009         1661 RANGE RD SPACE B-80   KIMBALL (PORT HURON)   MI   48074
9456   BANK OF AMERICA   600 Dick Rd   Depew   NY   14043   (800) 841-4000         2130 Walden Ave   Cheektowaga   NY   14225
9457   US BANK   2400 Maple Grove Road   Duluth   MN   55811           913 W CENTRAL ENTRANCE   DULUTH   MN   55811
9458   BANK OF AMERICA   15 Commerce Blvd   Succasunna   NJ   07876   (800) 841-4000         288 State Route 10 W   Succasunna   NJ   07876
9460   BANK OF AMERICA   7101 WEST BROAD STREET   RICHMOND   VA   23294           7111 W BROAD ST   RICHMOND   VA   23294
9461   BANK OF AMERICA   25 Main Street   South River   NJ   08882   (800) 841-4000         326 State Route 18   E Brunswick   NJ   08816
9462   BANK OF AMERICA   3855 BLOOMFIELD RD   MACON   GA   31206   (478) 474-1415         3619 MERCER UNIVERSITY BLVD   MACON   GA   31210
9463   BANK OF AMERICA   111 UNIVERSITY DRIVE E   COLLEGE STATION   TX   77840           900-17 HARVEY RD   COLLEGE STATION   TX   77840
9464   BANK OF AMERICA   1381 EAST RIDGE ROAD   ROCHESTER   NY   14621   (716) 467-7781         1381 E RIDGE RD   IRONDEQUOIT (ROCHESTER)   NY   14621
9465   CHASE (JPMORGAN)   1331 PARK AVENUE WEST   MANSFIELD   OH   44906   (419) 525-5715         695 N LEXINGTON SPRINGMILL RD   MANSFIELD   OH   44906
9466   CHASE (JPMORGAN)   2207 SAGAMORE PARKWAY SOUTH   LAFAYETTE   IN   47905   (765) 423-0140         2128 SAGAMORE PKWY S   LAFAYETTE   IN   47905
9468   CHASE (JPMORGAN)   935 PILGRIM WAY   GREEN BAY   WI   54304   (920) 497-6800         2300 S ONEIDA ST UNITED CTR   GREEN BAY (ASHWAUBEN)   WI   54304
9469   CHASE (JPMORGAN)   3209 COURTYARD DRIVE   MIDLAND   TX   79705   (432) 688-6353         4410 N MIDKIFF RD SUITE B-1   MIDLAND   TX   79705
9470   CHASE (JPMORGAN)   1481 SOUTH SEVENTH STREET   LOUISVILLE   KY   40208   (502) 566-2201         4814 OUTER LOOP BROWNSVL SQ SC   LOUISVILLE   KY   40219
9471   CHASE (JPMORGAN)   5233 JOHNSTON STREET   LAFAYETTE   LA   70503   (337) 236-7182         3501 AMBASSADOR CAFFREY   LAFAYETTE   LA   70503
9472   BANK OF AMERICA   745 LYNNHAVEN PARKWAY   VIRGINIA BEACH   VA   23452   (757) 498-6013         2704 N MALL DR SUITE 105-106   VIRGINIA BEACH   VA   23452
9473   US BANK   1415 N Academy Blvd   COLORADO SPRINGS   CO   80909   (719) 597-9038         507 N ACADEMY BLVD CITADEL XG   COLORADO SPRINGS   CO   80909
9477   BANK OF AMERICA   900 WEST 49TH STREET   HIALEAH   FL   33012   (305) 364-8000         1001 W 49TH ST STE 1   HIALEAH   FL   33012
9478   BANK ONE   8578 GOODWOOD BLVD   BATON ROUGE   LA   70806   (225) 332-4523         9490 AIRLINE HWY   BATON ROUGE   LA   70815
9482   BANK OF AMERICA   2105 WEST BRANDON BLVD   BRANDON   FL   33511   (813) 653-2235         103 BRANDON TOWN CENTER BLVD   BRANDON   FL   33511
9484   CHASE (JPMORGAN)   303 SOUTH MATTIS AVENUE   CHAMPAIGN   IL   61821   (217) 351-1600         1006 W ANTHONY DR SUITES A & B   CHAMPAIGN   IL   61820
9486   CHASE (JPMORGAN)   221 WEST SIXTH STREET   AUSTIN   TX   78701   (512) 479-1581         9705 RESEARCH BLVD HWY 183   AUSTIN   TX   78759
9487   CHASE (JPMORGAN)   105 SOUTH ST. MARY’S   SAN ANTONIO   TX   78205   (210) 271-8200         5755 NORTHWEST LOOP 410 #103   SAN ANTONIO   TX   78238
9488   BANK OF AMERICA   4330 U S 98 NORTH   LAKELAND   FL   33809-3821   (863) 816-1610         4304 HWY 98 N VILLAGE PLZ   N LAKELAND   FL   33809
9489   CHASE (JPMORGAN)   55 SOUTH MAIN STREET, STE 175   NAPERVILLE   IL   60540   (630) 305-6115         618 S RTE 59 NAPER W PLZ #112   NAPERVILLE   IL   60540

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

            8   CM Accts by Name   8/17/2010        


Exhibit 7.1

Direct Deposit Accounts

 

STORE NO.

 

Bank_Name

 

BANK_ADDRESS

 

CITY

 

ST

 

ZIP

 

TELEPHONE

  ACCOUNT
# ***
  ACH ROUTING
# ***
  DEP. ROUTING
# ***
 

STORE_ADDRESS

 

CITY

 

ST

  ZIP
9490   BANK OF AMERICA   6304 NORTH POINT PARKWAY   ALPHARETTA   GA   30022   (710) 442-2476         7681 N POINT PKWY SUITE 500   ALPHARETTA   GA   30202
9491   BANK OF AMERICA   9101 S DIXIE HWY   MIAMI   FL   33156   (305) 663-5107         9875 S DIXIE HWY   MIAMI   FL   33156
9494   BANK OF AMERICA   460 E ALTAMONTE DRIVE   ALTAMONTE SPRINGS   FL   32701   (321) 207-2400         355 E ALTAMONTE DR SUITE 1000   ALTAMONTE SPRINGS   FL   32701
9496   MONROE BANK & TRUST   1000 S MONROE ST   MONROE   MI   48161   (734) 384-8226         14750 LAPLAISANCE RD SPC H-165   MONROE   MI   48161
9497   CHASE (JPMORGAN)   6327 US RTE 60 EAST   BARBOURSVILLE   WV   25504   (800) 828-8445         MALL RD HUNTINGTON MALL #330   BARBOURSVILLE   WV   25504
9499   BANK OF AMERICA   1995 HOFFMEYER RD PO BOX 100526   FLORENCE   SC   29501-0526   (843) 678-3209         2590 DAVID MCLEOD BLVD   FLORENCE   SC   29501
9500   CHASE (JPMORGAN)   1201 WEST MAIN STREET   LEWISVILLE   TX   75067   (214) 290-2000         565 E HWY 3040 SUITE 201   LEWISVILLE   TX   75067
9501   BANK OF AMERICA   2940 S. GLENSTONE   SPRINGFIELD   MO   65804   (417) 227-6251         1418 E BATTLEFIELD RD   SPRINGFIELD   MO   65804
9502   NATIONAL CITY BANK   12010 CHURCH STREET LOCATOR R-H23-XX   BIRCH RUN   MI   48415   (989) 797-9277         12150 South Beyer Road, Space F050   BIRCH RUN   MI   48415
9503   VALLEY NATIONAL BANK   22 Bloomfield Avenue   BELLEVILLE   NJ   07109   (973) 759-1015         135 Bloomfield Ave   Bloomfield   NJ   07003
9504   CHASE (JPMORGAN)   4097 NICHOLS PARK DRIVE, SUITE 100   LEXINGTON   KY   40503   (859) 273-1016         3270 NICHOLASVILLE RD   LEXINGTON   KY   40503
9505   BANK OF AMERICA   6033 GLENNWOOD AVENUE   RALEIGH   NC   27612   (919) 716-2237         6010 GLENWOOD AVE US 70 W   RALEIGH   NC   27612
9506   FIRST COMMONWEALTH BANK   P.O. BOX 503   HOLLIDAYBURG   PA   16648   (814) 944-4644         RT 200 & PLANK RD PARK HIL PLZ   ALTOONA   PA   16602
9507   CHASE (JPMORGAN)   3508 W GENESEE STREET   SYRACUSE   NY   13219   (315) 488-9255         3514 W GENESEE ST   Syracuse   NY   13219
9508   CHASE (JPMORGAN)   3401 WEST FOX RIDGE LANE   MUNCIE   IN   47304   (765) 747-4615         3301 N EVERBROOK LANE   MUNCIE   IN   47304
9509   BANK OF AMERICA   2120 WEST STREET   ANNAPOLIS   MD   21401-3058   (410) 224-3625         2091 WEST ST SUITE B   ANNAPOLIS   MD   21401
9510   BANK OF AMERICA   3542 SATELLITE BLVD.   DULUTH   GA   30136   (770) 497-3100         1950 PLEASANT HILL RD SUITE B   DULUTH   GA   30096
9512   CHASE (JPMORGAN)   136 EAST LAKE STREET   BLOOMINGDALE   IL   60108   (630) 980-2800         158 S GARY ST STRATFORD PLZ   BLOOMINGDALE   IL   60108
9513   BANK OF AMERICA   825 DULVANEY VALLEY BLVD   TOWSON   MD   21286   (410) 277-7471         815 GOUCHER BLVD   BALTIMORE   MD   21286
9515   M & T BANK   CEDAR REEK BRANCH PO BOX 8008   WAUSAU   WI   54402-8008   (715) 847-4255         10101 MARKET ST SPACE C-110   MOSINEE   WI   54455
9516   BANK OF AMERICA   1511 MATTHEW DRIVE   FORT MYERS   FL   33907           4455 CLEVELAND AVE   FT MYERS   FL   33901
9517   BANK OF AMERICA   6725 WINCHESTER RD.   MEMPHIS   TN   38115   (901) 366-3930         6326 WINCHESTER RD SUITE 1   MEMPHIS   TN   38115
9518   CHASE (JPMORGAN)   8921 Queens Boulevard   Elmhurst   NY   11373   (718) 803-5340         8955 Queens Blvd   Elmhurst   NY   11373
9520   CHASE (JPMORGAN)   5555 YOUNGSTOWN WARREN ROAD   NILES   OH   44446   (330) 652-1421         5555 YOUNGSTOWN/WARREN RD #906   NILES   OH   44446
9521   BANK OF AMERICA   3507 WHEELER RD   AUGUSTA   GA   30909   (706) 737-4923         3435 WRIGHTSBORO RD SUITE 1206   AUGUSTA   GA   30909
9522   BANK OF AMERICA   7802 ABERCORN STREET   SAVANNAH   GA   31406   (912) 353-3960         Oglethorpe Plaza, 7929 Abercorn Street, Suite 640-650   SAVANNAH   GA   31406
9523   BANK OF AMERICA   1827 N MILITARY TRAIL   WEST PALM BEACH   FL   33409-4715   (561) 697-3603         1990 N MILITARY TRAIL   W PALM BEACH   FL   33409
9524   BANK OF AMERICA   3120 SW 34 th AVE   OCALA   FL   34474-4433   (352) 861-1015         3558 SW COLLEGE RD, SUITE 200   OCALA   FL   34474
9525   CHASE (JPMORGAN)   5200 SALEM AVENUE   DAYTON   OH   45426   (937) 854-4388         5286 SALEM AVE SALEM CTR #103   TROTWOOD   OH   45426
9526   COMPASS BANK   1789 MONTGOMERY HIGHWAY   BIRMINGHAM   AL   35244   (205) 297-3510         1707 MONTGOMERY HWY   HOOVER   AL   35244
9527   CHASE (JPMORGAN)   22 EAST MIFFLIN STREET   MADISON   WI   53703   (608) 282-6020         698 S WHITNEY WAY STERLING CTR   MADISON   WI   53711
9528   BANK OF AMERICA   41 Veterans Memorial Highway   Commack   NY   11725   (800) 841-4000         4199 Jericho Tpke   E Northport   NY   11731
9529   BANK OF AMERICA   510 NORTH BUSINESS HIGHWAY 65   BRANSON   MO   65616           4370 GRETNA RD SUITE 2170   BRANSON   MO   65616
9530   BANK OF AMERICA   498 SOUTH PLEASANTBURG DRIVE   GREENVILLE   SC   29607           2410 LAURENS RD   GREENVILLE   SC   29607
9531   BANK OF AMERICA   7405 TWO NOTCH ROAD   COLUMBIA   SC   29223   (803) 765-4750         7357 TWO NOTCH RD MARSHBRK PLZ   COLUMBIA   SC   29223
9533   BANK OF AMERICA   3303 SOUTH TAMIAMI TRAIL   SARASOTA   FL   34239   (941) 954-7800         4130 S TAMIAMI TRAIL   SARASOTA   FL   34231
9534   BANK OF AMERICA   10 WEST HIGH STREET   BRIDGEWATER   NJ   08807   (908) 722-0601         936 RTE 22 E   SOMERVILLE   NJ   08876
9535   COLONIAL BANK   3610 MCFARLAND BLVD. EAST   TUSCALOOSA   AL   35405   (205) 556-7224         3318 MCFARLAND BLVD E   TUSCALOOSA   AL   35405
9539   NORTH FORK BANK   61-24 188TH STREET   FLUSHING   NY   11365   (718) 454-7500         61-26 190TH ST   FRESH MEADOWS   NY   11365
9540   AMALGAMATED BANK NY   301 THIRD AVENUE   NEW YORK   NY   10010   (212) 679-5305         291 THIRD AVE   NEW YORK   NY   10010
9541   BANK OF AMERICA   10050 PINES BLVD   PEMBROKE PINES   FL   33024           11090 PINES BOULEVARD   PEMBROKE PINES   FL   33026
9542   BANK OF AMERICA   100 EAST ELM STREET   HILLSBORO   TX   76645           104 NE I-35 SUITE 128   HILLSBORO   TX   76645
9545   CHASE (JPMORGAN)   100 INDEPENDENCE PLACE   TYLER   TX   75703   (903) 561-5000         4217 S BROADWAY AVE   TYLER   TX   75701
9546   US BANK   502 EAST OLD HIGHWAY 40   WARRENTON   MO   63383           2000 WARRENTON OUTLET CTR #39   WARRENTON   MO   63383
9551   BANK OF AMERICA   3661 W OAKLAND PARK BLVD   LAUDERDALE LAKES   FL   33311-1145   (954) 714-9079         3196 N STATE RD 7 REEF PLZ   LAUDERDALE LAKES   FL   33319
9553   BANK OF AMERICA   2900 WEST DAVID ROAD   CONROE   TX   77303   (936) 539-0299         1111 LEAGUE LINE RD. SUITE 121   CONROE   TX   77303
9554   BANK OF AMERICA   1070 WEST PATRICK ST.   FREDERICK   MD   21703   (301) 698-6080         1170 W PATRICK ST SUITES G & H   FREDERICK   MD   21702
9556   BANK OF AMERICA   105 NORTH CONGRESS AVENUE   BOYNTON BEACH   FL   33426-4260   (561) 742-9092         324 N CONGRESS AVE OAKWOOD SC   BOYNTON BEACH   FL   33426
9557   IRON & GLASS BANK   2204 LEBANON CHURCH ROAD   WEST MIFFLIN   PA   15122   (412) 655-0900         2033 LEBANON CHURCH RD SUITE C   W MIFFLIN   PA   15122
9558   BRANCH BK/TR (BB&T)   120 EAST HIGHWAY 53 SE   CALHOUN   GA   30701   (706) 602-4003         455 BELWOOD RD SE SUITE 60   CALHOUN   GA   30701
9564   US BANK   3410 South 143rd Plaza   OMAHA   NE   68144           13003 W CENTER RD SUITE 28   OMAHA   NE   68144
9566   CHASE (JPMORGAN)   200 E SEVENTH STREET   LOVELAND   CO   80537   (970) 622-7444         5732 MCWHINNEY BLVD SPACE E-40   LOVELAND   CO   80538
9567   BANK OF AMERICA   1025 INTERNATIONAL SPEEDWAY BLVD   DAYTONA BEACH   FL   32114           2110 W INTERNATL SPEEDWAY BLVD   DAYTONA BEACH   FL   32114
9568   BANK OF AMERICA   162 COLLEGE STREET   ASHEVILLE   NC   28801   (828) 251-8269         64 TUNNEL RD   ASHEVILLE   NC   28805
9569   SUPERIOR BANK   5000 ROGERS AVENUE-1ST FLOOR   FORT SMITH   AR   72903   (479) 484-4263         4803 ROGERS AVE   FT SMITH   AR   72903
9571   FIFTH THIRD BANK   2 SOUTH MAIN STREET   JEFFERSONVILLE   OH   43218   740-335-7640         8115 Factory Shops Blvd.   JEFFERSONVILLE   OH   43128
9573   BANK OF AMERICA   354 1/2 West Middle Turnpike   Manchester   CT   06040   (800) 841-4000         1470 Pleasant Valley Rd   Manchester   CT   06040
9574   CHASE (JPMORGAN)   14 SOUTH LA GRANGE ROAD   LA GRANGE   IL   60525   (708) 579-4400         9404 JOLIET RD THE QUARRY S C   HODGKINS   IL   60525
9576   MAIN SOURCE BANK   3880 W PRESIDENTIAL WAY PO Box 38   EDINBURGH   IN   46124   (812) 526-0551         11747 N EXECUTIVE DR SPACE B80   EDINBURGH   IN   46124
9577   BANK OF AMERICA   317 SE GREENVILLE BLVD.   GREENVILLE   NC   27858           3040 S EVANS ST SUITE 103   GREENVILLE   NC   27834
9579   BANK OF AMERICA   2615 CALDER STREET   BEAUMONT   TX   77702           5330 EASTEX FREEWAY   BEAUMONT   TX   77708
9581   SOUTHTRUST BANK   1001 HEATHLAND DRIVE PO BOX 267   HUNTSVILLE   AL   35804   (256) 551-5126         4710-B UNIVERSITY DRIVE   HUNTSVILLE   AL   35816
9582   BANK OF AMERICA   45985 - 180 REGAL PLAZA   STERLING   VA   20165   (703) 421-7533         46220 POTOMAC RUN PLAZA   STERLING   VA   20164
9583   BANK OF AMERICA   140 ROUTE 73 NORTH   WEST BERLIN   NJ   08091   (856) 767-5800         199 NORTH ROUTE 73, SUITE A   WEST BERLIN   NJ   08091
9584   BANK OF AMERICA   3057 AKERS MILL ROAD   ATLANTA   GA   30339   (770) 953-5640         2778 COBB PARKWAY   SMYRNA   GA   30339
9585   CHASE (JPMORGAN)   2410 W. GRAND RIVER   HOWELL   MI   48843   (517) 548-3827         1475 N BURKHART RD, SUITE D180   HOWELL   MI   48843

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

            8   CM Accts by Name   8/17/2010        


Exhibit 7.1

Direct Deposit Accounts

 

STORE NO.

 

Bank_Name

 

BANK_ADDRESS

 

CITY

 

ST

 

ZIP

 

TELEPHONE

  ACCOUNT
# ***
  ACH ROUTING
# ***
  DEP. ROUTING
# ***
 

STORE_ADDRESS

 

CITY

 

ST

  ZIP
9586   BANK OF AMERICA   1602 W FLOYD BAKER BLVD   GAFFNEY   SC   29341-1206   (864) 487-3651         335 FACTORY SHOPS BOULEVARD   GAFFNEY   SC   29341
9587   CHASE (JPMORGAN)   105 FILLMORE STREET   DENVER   CO   80206   (303) 322-4799         320 SOUTH COLORADO BLVD   GLENDALE   CO   80246
9588   NATIONAL BANK GENEVA   1940 RTS 5 & 20   WATERLOO   NY   13165   (315) 539-1000         655 RTE 318 SUITE A005   WATERLOO   NY   13165
9589   BANK OF AMERICA   1919 VALLEY VIEW BLVD NW   ROANOKE   VA   24012           1919 VALLEY VIEW BLVD NORTHWEST   ROANOKE   VA   24012
9591   BANK OF AMERICA   101 E. Moreland Rd   Willow Grove   PA   19090   (800) 841-4000         311 W Moreland Rd   Willow Grove   PA   19090
9592   CHASE (JPMORGAN)   924 BROADWAY AVENUE   BOWLING GREEN   KY   42101   (270) 781-9476         2522 SCOTTSVILLE RD   BOWLING GREEN   KY   42104
9595   TRUSTMARK BANK   248 EAST CAPITOL STREET PO BOX 291   JACKSON   MS   39205-0291   (601) 961-6071         1039 E COUNTRY LINE RD SUITE A   JACKSON   MS   39211
9596   US BANK   8575 Valley Creek Road   WOODBURY   MN   55125           8362 TAMARACK VILLAGE   WOODBURY   MN   55125
9598   WACHOVIA BANK   8055 20TH STREET FL6584   VERO BEACH   FL   32966   (561) 778-6081         1757 94TH DR SUITE D180   VERO BEACH   FL   32966
9601   BANK OF AMERICA   1505 PUTT PUTT PLACE   CHARLOTTESVILLE   VA   22901           632 ALBEMARLE SQUARE   CHARLOTTESVILLE   VA   22901
9602   DIME SAVINGS   1931 TRUNBULL AVENUE   BRONX   NY   10473   (718) 597-5300         945 WHITE PLAINS RD   BRONX   NY   10473
9604   CHASE (JPMORGAN)   6040 159TH STREET   OAK FOREST   IL   60452   (708) 535-5440         9396 WEST 159TH STREET   ORLAND PARK   IL   60462
9605   BANKNORTH, N.A.   10 SHERWOOD DRIVE   TILTON   NH   03276   (603) 286-2401         Tanger Outlet Center, 120 Laconia Road   TILTON   NH   03276
9606   BANK OF AMERICA   175 North Clairborne   Olathe   KS   66062   (816) 979-8561         20143 W 151st St   Olathe   KS   66061
9610   CHASE (JPMORGAN)   EAST STATE   ROCKFORD   IL   61125-1086   (815) 398-6500         6376 EAST STATE STREET   ROCKFORD   IL   61108
9611   1ST BANK   4775 FRONT STREET   CASTLE ROCK   CO   80104   (303) 814-6361         5050 FACTORY SHOPS BLVD   CASTLE ROCK   CO   80104
9612   CHASE (JPMORGAN)   1200 MCKINNEY, STE 433   HOUSTON   TX   77010   (713) 751-6100         2346 SOUTH HIGHWAY 6   HOUSTON   TX   77077
9613   CHASE (JPMORGAN)   9379 NORTH SHERIDAN BLVD   WESTMINSTER   CO   80030   (303) 244-5060         8725 SHERIDAN BLVD UNIT B   WESTMINSTER   CO   80030
9614   THE SUFFOLK COUNTY NAT’L BANK   1201 OSTRANDER AVE   RIVERHEAD   NY   11901   (631) 727-6800         1770 West Main Street, Ste 217   RIVERHEAD   NY   11901
9615   FROST NATIONAL BANK   221 WONDER WORLD DRIVE   SAN MARCOS   TX   78666   (512) 393-5647         Tanger Outlets 4015 INTERSTATE HWY 35 STE 214   SAN MARCOS   TX   78666
9616   COMMUNITY BANK & TRUST   800 STEVEN B TANGER BLVD   COMMERCE   GA   30529   (706) 336-3202         800 STEVEN B TANGER BLVD S/310   COMMERCE   GA   30529
9617   BANK OF AMERICA   1200 MT. ZION ROAD   MORROW   GA   30260-2314   (770) 968-2000         6715 SUITE H JONESBORO H   MORROW   GA   30260
9618   BANK OF AMERICA   115 Route 50   Mays Landing   NJ   08330   (800) 841-4000         Center of Mays Landing, NJ 08330   Mays Landing   NJ   08330
9620   BANK OF AMERICA   7100 SW ARCHER ROAD   GAINESVILLE   FL   32608           3600 S.W. ARCHER ROAD UNIT A-1   GAINESVILLE   FL   32608
9621   CHASE (JPMORGAN)   6800 WESTGATE BLVD. STE 111   AUSTIN   TX   78745   (512) 479-5400         5601 BRODIE LANE   SUNSET VALLEY   TX   78745
9622   BANK OF AMERICA   6727 NORTH DAVIS HIGHWAY   PENSACOLA   FL   32504   (850) 478-3504         7000 N DAVIS HIGHWAY UNIT A   PENSACOLA   FL   32504
9623   BANK OF AMERICA   5325 SW 21st STREET   TOPEKA   KS   66604           1930 S W WANAMAKER RD SUITE E   TOPEKA   KS   66614
9624   BANK OF AMERICA   1481 CARL D SILVER PARKWAY   FREDERICKSBURG   VA   22401   (540) 548-2827         3200 PLANK ROAD   FREDERICKSBURG   VA   22407
9625   CHASE (JPMORGAN)   3103 FM 528   FRIENDSWOOD   TX   77546   (281) 557-7941         1041 WEST BAY AREA BLVD   WEBSTER   TX   77598
9626   WRENTHAM CO OP BANK   102 SOUTH STREET   WRENTHAM   MA   02093   (508) 384-6101         1 PREMIUM OUTLET BLVD   WRENTHAM   MA   02093
9627   PREMIER BANK   100 GRELL LANE   JOHNSON CREEK   WI   53038   (920) 699-6900         132 WEST LINMAR LANE, SUITE D25   JOHNSON CREEK   WI   53038
9629   PREMIER BANK   11055 61ST STREET NORTH EAST   ALBERTVILLE   MN   55301   (763) 497-8224         6415 LABEAUX AVENUE SUITE B-65   ALBERTVILLE   MN   55301
9630   WACHOVIA BANK   700 SOUTH MACKENZIE STREET   FOLEY   AL   36535   (251) 972-8823         2601 SOUTH MCKENZIE ST. SUITE S4   FOLEY   AL   36535
9631   BANK OF AMERICA   150 PARKER ST   VACAVILLE   CA   95688   (707) 449-4433         131 NUT TREE ROAD, SUITE K   VACAVILLE   CA   95687
9632   Bank of ST. Augustine   900 STATE ROAD 16   ST. AUGUSTINE   FL   32084   (904) 209-0078         2700 STATE RD 16 SUITE 815   ST. AUGUSTINE   FL   32092
9633   US BANK   408 Court Street   WILLIAMSBURG   IA   52361           112-A TANGER DR.   WILLIAMSBURG   IA   52361
9635   BANK OF HANOVER   1275 YORK ROAD   GETTYSBURG   PA   17325   (717) 337-9333         1863 GETTYSBURG VILLAGE DRIVE   GETTYSBURG   PA   17325
9636   CITIZENS BANK OF PA   ROUTE 611 AND 715   TANNERSVILLE   PA   18372   (570) 629-1631         1000 ROUTE 611, UNIT A19   TANNERSVILLE   PA   18372
9640   BANK OF AMERICA   403 E. BIDWELL STREET   FOLSOM   CA   95630   (916) 861-9900         13000 FOLSOM BLVD, SUITE 1440   FOLSOM   CA   95630
9642   HOME FEDERAL SAVINGS BANK   149 S POTOMAC ST   HAGERSTOWN   MD   21740   (301) 745-6310         495 PRIME OUTLETS BLVD.   HAGERSTOWN   MD   21740
9643   NATIONAL CITY BANK   201 SOUTH BROAD ST LOCATOR 46-11-071   GROVE CITY   PA   16127   (724) 458-9250         I-79 & RTE 208 Space 315   GROVE CITY   PA   16127
9644   CITIZENS BANK   1187 BOSTON POST ROAD   WESTBROOK   CT   06498   (860) 399-8511         314 FLAT ROCK PLACE, SUITE A135   WESTBROOK   CT   06498
9646   BANK OF AMERICA   2400 EAST PONDEROSA   CAMARILLO   CA   93010   (805) 383-8300         990 CAMARILLO CTR DR, STE 1016   CAMARILLO   CA   93010
9662   CHASE (JPMORGAN)   4660 EAST MAIN STREET   WHITEHALL   OH   43213   (614) 248-2600         5091 EAST MAIN STREET   COLUMBUS   OH   43212
9664   US BANK   4621 INLAND EMPIRE ROAD   ONTARIO   CA   91764           4320 EAST MILLS CIRCLE UNIT H   ONTARIO   CA   91764
9665   US BANK   4056 Highway 54   OSAGE BEACH   MO   65065           FACTORY OUTLET VILLAGE OSAGE BEACH, 4540 HWY 54, SUITE N4   OSAGE BEACH   MO   65065
9668   WILMINGTON TRUST   4369 HIGHWAY ONE   REHOBOTH   DE   19971   (302) 856-4491         REHOBOTH OUTLETS, 1230 OCEAN OUTLETS, HWY 1   REHOBOTH BEACH   DE   19971
9669   BANK OF AMERICA   1931 NORTHWEST HWY 101   LINCOLN CITY   OR   97367   (541) 994-2161         1500 SE EAST DEVILS LAKE RD, SUITE 413   LINCOLN CITY   OR   97367
9670   AM SOUTH BANK                        
9674   FIRST MERIT BANK   209 WOOSTER STREET   LODI   OH   44254   (330) 764-7474         PRIME OUTLETS, 9911 AVON LAKE RD., SUITE 315   BURBANK   OH   44214
9676   CHASE (JPMORGAN)   425 AIRLINE HIGHWAY   GONZALES   LA   70737   (225) 644-2575         TANGER OUTLE6T, 2400 TANGER BLVD. SUITE 152   GONZALES   LA   70737
9677   CHASE (JPMORGAN)   2039 AIRLINE DRIVE   BOSSIER CITY   LA   71111   (318) 226-2723         Louisiana Boardwalk, 640 Boardwalk Blvd.   BOSSIER CITY   LA   71111
9680   BANK OF AMERICA   303 E. TULARE AVENUE   TULARE   CA   93274   (559) 686-4900         1483 RETHFROD STREET   TULARE   CA   93274
9683   WACHOVIA BANK   COUNTY LINE ROAD   JACKSON   NJ   08527   732-363-2666         Jackson Outlet Center, 537 MONMOUTH ROAD, SPACE 322   JACKSON   NJ   08527
9685   BANK OF AMERICA   941 SOUTH ATLANTIC BLVD   LOS ANGELES   CA   90022           CITADEL OUTLETS, 100 CITADEL DRIVE, SUITE 660   COMMERCE   CA   90040
9686   CHASE (JPMORGAN)   4365 FRANKLIN STREET   MICHIGAN CITY   IN   46360   (219)-879-1122         1740 LIGHTHOUSE PLACE   MICHIGAN CITY   IN   46360
9687   BANK OF AMERICA   7828 MONTEREY STREET   GILROY   CA   95020           GILROY PREMIUM OUTLETS, 8155 ARROYO Circl, Sp#A-108   GILROY   CA   95020
9689   CHASE BANK   819 S ALLEN HEIGHTS   ALLEN   TX   75002   (972) 747-3210         ALLEN PREMIUM OUTLETS 820 WEST STACY ROAD, SUITE 330   ALLEN   TX   75013
9690   BANK OF AMERICA   1755 LAKESIDE DR   BULLHEAD CITY   AZ   86442   (520) 758-3981         1955 SOUTH CASINO DRIVE, SUITE 270   LAUGHLIN   NV   89029
9701   BANK OF AMERICA   5959 CANOGA AVENUE   WOODLAND HILLS   CA   91367   (818) 712-6007         6443 CANOGA AVE STAPLES PLZ   WOODLAND HILLS (CANOGA PARK)   CA   91367
9702   CHASE (JPMORGAN)   2950 WEST PEORIA   PHOENIX   AZ   85029   (602) 589-3888         2860 W PEORIA AVE   PHOENIX   AZ   85029
9703   BANK OF AMERICA   1603 HAWTHORNE BLVD   REDONDO BEACH   CA   90247   (310) 214-7306         16129 S HAWTHORNE BLVD SUITE F   LAWNDALE   CA   90260
9704   BANK OF AMERICA   391 SERRAMONTE CTR   DALY CITY   CA   94015   (650) 615-4700         350 GELLERT BLVD   DALY CITY   CA   94015
9705   BANK OF AMERICA   2905 STEVENS CREEK BLVD   SANTA CLARA   CA   95050   (408) 983-0588         3136 STEVENS CREEK BLVD   SAN JOSE   CA   95117
9706   BANK OF AMERICA   901 NORTH MOUNTAIN AVENUE   ONTARIO   CA   91762           358/366 S MOUNTAIN AVE   UPLAND   CA   91786
9708   BANK OF AMERICA   1053 WILLOW PASS RD   CONCORD   CA   94520-5896   (925) 671-1563         675 CONTRA COSTA BLVD   PLEASANT HILL   CA   94523

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

            8   CM Accts by Name   8/17/2010        


Exhibit 7.1

Direct Deposit Accounts

 

STORE NO.

 

Bank_Name

 

BANK_ADDRESS

 

CITY

 

ST

 

ZIP

 

TELEPHONE

  ACCOUNT
# ***
  ACH ROUTING
# ***
  DEP. ROUTING
# ***
 

STORE_ADDRESS

 

CITY

 

ST

  ZIP
9709   BANK OF AMERICA   4120 SAN PABLO AVENUE   EMERYVILLE   CA   94608   (510) 273-5690         1199 40TH ST EAST BAY SHOP CTR   EMERYVILLE   CA   94608
9710   BANK OF AMERICA   3101 ARDEN WAY   SACRAMENTO   CA   95825           1743 ARDEN WAY   SACRAMENTO   CA   95815
9711   BANK OF AMERICA   7496 DUBLIN BLVD   DUBLIN   CA   94568-2416   (925) 833-9588         8000 AMADOR VALLEY BLVD   DUBLIN   CA   94568
9712   BANK OF AMERICA   800 NORTHRIDGE CENTER   SALINAS   CA   93906   (831) 443-7125         776 NORTHRIDGE MALL   SALINAS   CA   93906
9713   BANK OF AMERICA   3401 DALE ROAD   MODESTO   CA   95356   (209) 549-8280         3200 SISK ROAD UNIT G   MODESTO   CA   95356
9714   BANK OF AMERICA   590 EAST SHAW AVENUE   FRESNO   CA   93710   (559) 445-7346         5048 N BLACKSTONE AVE #101   FRESNO   CA   93710
9715   BANK OF AMERICA   303 NORTH “D” STREET   SAN BERNARDINO   CA   92401   (909) 381-8400         798 INLAND CTR DR   SAN BERNARDINO   CA   92408
9716   CHASE (JPMORGAN)   5041 NORTH 16TH STREET   PHOENIX   AZ   85016   (602) 589-4340         1945 E CAMELBACK RD SUITE D2   PHOENIX   AZ   85016
9717   CHASE (JPMORGAN)   12240 NORTH TATUM BLVD   PHOENIX   AZ   85032   (602) 261-5230         12847-B N TATUM BLVD   PHOENIX   AZ   85032
9718   BANK OF AMERICA   10 SANTA ROSA AVENUE   SANTA ROSA   CA   95404   (707) 525-2303         1911 SANTA ROSA AVE   SANTA ROSA   CA   95407
9719   BANK OF AMERICA   3555 EAST FOOTHILL BLVD   PASADENA   CA   91107   (626) 304-3175         3867 FOOTHILL BLVD   PASADENA   CA   91107
9720   BANK OF AMERICA   641 MALL RING CIRCLE   HENDERSON   NV   89014   (702) 654-3100         1152 W SUNSET RD SUNSET PLZ   HENDERSON   NV   89014
9721   BANK OF AMERICA   3800 MING AVENUE   BAKERSFIELD   CA   93309   (661) 395-2117         3699 MING AVE MING PLAZA   BAKERSFIELD   CA   93309
9722   CHASE (JPMORGAN)   6257 EAST BROADWAY BLVD   TUCSON   AZ   85711   (877) 226-5663         5700 E BROADWAY   TUSCON   AZ   85711
9723   BANK OF AMERICA   3730 SOUTH BRISTOL STRET   SANTA ANA   CA   92704   (714) 973-8495         3638 S BRISTOL ST METRO TWN SQ   SANTA ANA   CA   92704
9724   BANK OF AMERICA   941 NORTH TUSTIN   ORANGE   CA   92867   (714) 778-7304         1302 N TUSTIN ST   ORANGE   CA   92667
9726   BANK OF AMERICA   4801 W. CHARLESTON BLVD   LAS VEGAS   NV   89193   (702) 654-4310         1705 S DECATUR BLVD   LAS VEGAS   NV   89102
9727   BANK OF AMERICA   503 W. BENHOLT DRIVE   STOCKTON   CA   95207   (209) 944-5277         5779 PACIFIC AVE SHERWOOD PLZ   STOCKTON   CA   95207
9728   BANK OF AMERICA   4002 TACOMA MALL BLVD   TACOMA   WA   98409   (800) 253-0784         2220 S 37TH ST METRO PLZ S-8   TACOMA   WA   98409
9729   BANK OF AMERICA   384 SAN ANTONIO RD   MOUNTAIN VIEW   CA   94040-1273   (650) 324-4433         4898 EL CAMINO REAL   LOS ALTOS   CA   94022
9730   BANK OF AMERICA   2400 148TH AVE. NORTHEAST   REDMOND   WA   98052   (206) 358-2410         14725 NE 20TH AVE STERNCO CTR   BELLEVUE   WA   98007
9731   BANK OF AMERICA   4795 SOUTH MARYLAND PARKWAY   LAS VEGAS   NV   89119           3993 S MARYLAND PKWY SUITE 101   LAS VEGAS   NV   89119
9732   BANK OF AMERICA   401 N. HARBOR BLVD   FULLERTON   CA   92832-1939   (714) 533-4470         1620 S HARBOR BLVD SUITE A   FULLERTON   CA   92632
9733   BANK OF AMERICA   971 BLOSSOM HILL ROAD   SAN JOSE   CA   95123   (408) 277-7730         882 BLOSSOM HILL RD K-MART CTR   SAN JOSE   CA   95123
9734   BANK OF AMERICA   18 AUBURN WAY N   AUBURN   WA   98002-5490   (253) 833-5310         1101 SUPERMALL WAY, 1069   AUBURN   WA   98001
9735   BANK OF AMERICA   10101 SW WASHINGTON SQ RD   PORTLAND   OR   97223   (503) 620-5515         8705 Sw Hall Blvd   Beaverton   OR   97008
9736   BANK OF AMERICA   150 SO. CALIFORNIA AVENUE   W. COVINA   CA   91790   (626) 854-8047         330 S VINCENT AVE   W COVINA   CA   91790
9737   BANK OF AMERICA   1200 FAIRMONT DRIVE   SAN LEANDRO   CA   94578   (510) 614-6150         15099 HESPERIAN BLVD SUITE E&F   SAN LEANDRO   CA   94578
9738   BANK OF AMERICA   11501 SANTA MONICA BLVD   LOS ANGELES   CA   90025   (310) 996-7811         1845 WESTWOOD BLVD   W LOS ANGELES   CA   90025
9739   CHASE (JPMORGAN)   3939 NORTH ORACLE ROAD   TUCSON   AZ   85705   (877) 226-5663         4055 N ORACLE RD SUITE 101   TUSCON   AZ   85705
9742   BANK OF AMERICA   30 E WELLESLEY AVE   SPOKANE   WA   99207   (509) 353-6066         6010 N DIVISION ST   SPOKANE   WA   99208
9743   BANK OF AMERICA   111 W 10th STREET   TRACY   CA   95376   (209) 836-0944         1005 PESCADARO AVE SUITE 179   TRACY   CA   95376
9744   BANK OF AMERICA   71-799 HIGHWAY 111   RANCHO MIRAGE   CA   92270   (760) 341-4781         72216 HWY 111 SUITES F5 & F6   PALM DESERT   CA   92260
9745   BANK OF AMERICA   2495 E. LAKESHORE DR   LAKE ELSINORE   CA   92530-4446   (909) 679-6818         17600 COLLIER AVE SUITE H184   LAKE ELSINORE   CA   92530
9746   BANK OF AMERICA   4705 SILVA   LAKEWOOD   CA   90712   (562) 663-0525         5195 LAKEWOOD BLVD   LAKEWOOD   CA   90712
9747   BANK OF AMERICA   1275 ROSECRANS DRIVE   SAN DIEGO   CA   92106           2990 MIDWAY DR ROSECRANS CTR   SAN DIEGO   CA   92110
9748   BANK OF AMERICA   5541 SEPULVEDA BLVD   CULVER CITY   CA   90230   (310) 397-7781         5592 S SEPULVEDA BLVD   CULVER CITY   CA   90230
9752   BANK OF AMERICA   805 BROADWAY STREET   VANCOUVER   WA   98660           1416 JANTZEN BEACH CENTER   PORTLAND   OR   97217
9753   BANK OF AMERICA   39300 FREMONT BLVD   FREMONT   CA   94538   (510) 795-4110         39121 FREMONT BLVD   FREMONT   CA   94538
9756   BANK OF AMERICA   12682 ARMAGOSA ROAD   SOUTH VICTORVILLE   CA   92392   (760) 843-6615         12544-B AMARGOSA ROAD   VICTORVILLE   CA   92392
9757   BANK OF AMERICA   1288 LANCASTER DR NE   SALEM   OR   97301   (503) 945-2194         1132 LANCASTER DRIVE NE   SALEM   OR   97301
9759   BANK OF AMERICA   7198 STOCKTON BLVD   SACRAMENTO   CA   95823   (916) 732-4276         6160 FLORIN ROAD SUITE B   SACRAMENTO   CA   95823
9760   CHASE (JPMORGAN)   2528 WEST SOTHERN AVENUE   TEMPE   AZ   85282   (480) 890-6256         5000 ARIZONA MILLS CIRCLE   TEMPE   AZ   85282
9761   BANK OF AMERICA   5905 S. VIRGINIA ST   RENO   NV   89502-6029   (775) 688-8900         5595 SOUTH VIRGINIA ST, SUITE A   RENO   NV   89502
9768   BANK OF AMERICA   24740 VALLEY STREET   NEWHALL   CA   91321-2640   (661) 253-4600         VALENCIA MARKET PL. 25640 THE OLD RD   VALENCIA   CA   91381
9769   BANK OF AMERICA   2597 GEORGE BUSBEE PKWY   KENNESAW   GA   30144   (770) 423-5177         440 BARRETT PKWY, SUITE 17   KENNESAW   GA   30144
9775   BANK OF AMERICA   2500 HIGHLAND   JONESBORO   AR   72401   (870) 933-4352         2108 SOUTH CARAWAY   JONESBORO   AR   72401
9777   BANK OF AMERICA   4041 LYNN COURT DRIVE   INDEPENDENCE   MO   64055   (816) 979-6119         14300 EAST 42ND AVENUE   INDEPENDENCE   MO   64055
9778   BANK OF AMERICA   3410 WEST CHANDLER BLVD   CHANDLER   AZ   85226   (480) 224-2021         2560 W CHANDLER BLVD, SUITE 5   CHANDLER   AZ   85224
9780   CHASE (JPMORGAN)   4889 HOUSTON ROAD   FLORENCE   KY   41042   (859) 647-6300         VILLAGE AT THE MALL, 7634 MALL RD   FLORENCE   KY   41042
9782   BANK OF AMERICA   503 CROSS CREEK MALL   FAYETTEVILLE   NC   28303   (910) 864-2020         1916 SKIBO RD SUITE 341   FAYETTEVILLE   NC   28314
9783   BANK OF AMERICA   1391 SILAS CREEK ROAD PKWAY PLAZA   WINSTON SALEM   NC   27127   (336) 805-3468         3272 SILAS CREEK PKWAY UNIT 33/34   WINSTON-SALEM   NC   27127
9785   BANK OF AMERICA   765 Stillwater Ave   Bangor   ME   04401   (800) 841-4000         37 Bangor Mall Blvd   Bangor   ME   04401
9787   BANK OF AMERICA   11262 LOS ALAMITOS BLVD   LOS ALAMITOS   CA   90720   (562) 624-4425         7601 CARSON BLVD.   LONG BEACH   CA   90808
9788   BANK OF AMERICA   130 EMERALD SQUARE MALL   N. ATTLEBORO   MA   2760   (508) 643-1182         1400 S. WASHINGTON ST. UNIT 3   N. ATTLEBORO   MA   02760
9789   BANK OF AMERICA   1855 NORTH OXNARD BLVD   OXNARD   CA   93030   (805) 278-4511         301 WEST ESPLANADE DRIVE   OXNARD   CA   93030
9790   BANK OF AMERICA   1447 NEW BRITAIN AVE   WEST HARTFORD   CT   06110   (860) 523-6151         1457 NEW BRITAIN AVENUE   WEST HARTFORD   CT   06110
9791   BANK OF AMERICA   1729 WEST BROADWAY, SUITE 15   COLUMBIA   MO   65203   (573) 876-6353         2101 WEST BROADWAY SUITE EE   COLUMBIA   MO   65203
9792   US BANK   4004 NORTHWEST BLVD   DAVENPORT   IA   52806           902 WEST KIMBERLY ROAD   DAVENPORT   IA   52806
9793   US BANK   4444 1st Avenue NE   Cedar Rapids   IA   52402           1392 TWIXT TOWN ROAD   MARION   IA   52302
9794   FIRST TENNESSEE   2066 N. HIGHLAND AVENUE   JACKSON   TN   38305   (731) 660-7355         50 OLD HICKORY EAST BLVD   JACKSON   TN   38305
9795   BANK OF AMERICA   23831 EL TORO   LAKE FOREST   CA   92630   (949) 951-4024         24261 AVENIDA DE LA CARLOTA   LAGUNA HILLS   CA   92653
9796   BANK OF AMERICA   15332 AURORA AVENUE NORTH   SHORELINE   WA   98133   (206) 585-5715         15819 WESTMINSTER WAY NORTH   SEATTLE   WA   98133
9797   BANK OF AMERICA   10297 MAGNOLIA AVENUE   RIVERSIDE   CA   92504   (909) 781-3312         10113 HOLE AVENUE   RIVERSIDE   CA   92503
9798   BANK OF AMERICA   198 WEST MAIN STREET   EL CAJON   CA   92020   (619) 401-1930         700 N JOHNSON AVE SUITE A   EL CAJON   CA   92020
9799   CHASE (JPMORGAN)   505 D STREET   SOUTH CHARLESTON   WV   25303   (304) 744-1835         90 RHL BLVD   SOUTH CHARLESTON   WV   25309

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

            8   CM Accts by Name   8/17/2010        


Exhibit 7.1

Direct Deposit Accounts

 

STORE NO.

 

Bank_Name

 

BANK_ADDRESS

 

CITY

 

ST

 

ZIP

 

TELEPHONE

  ACCOUNT
# ***
  ACH ROUTING
# ***
  DEP. ROUTING
# ***
 

STORE_ADDRESS

 

CITY

 

ST

  ZIP
9800   CHASE (JPMORGAN)   8283 SOUTH QUEBEC STREET   ENGLEWOOD   CO   80112   (303) 244-5310         9078 WESTVIEW RD., SUITE 100   LONE TREE   CO   80124
9801   BANK OF AMERICA   10900 SEMINOLE BLVD   LARGO   FL   33778           10357 ULMERTON ROAD   LARGO   FL   33771
9802   BANK OF AMERICA   1101 Woodland Road   Wyomissing   PA   19610   (800) 841-4000         2733 Papermill Rd   Wyomissing   PA   19610
9804   BANK OF AMERICA   495 Union Street, Space 1000   Waterbury   CT   06706   (800) 841-4000         945 Wolcott St   Waterbury   CT   06705
9805   CHASE (JPMORGAN)   3265 WEST MARKET STREET, SUITE 80   AKRON   OH   44333   (330) 972-1930         3737 W. MARKET ST. UNIT L   FAIRLAWN   OH   44333
9806   CHASE (JPMORGAN)   1400 WOODLOCH FOREST DRIVE   THE WOODLANDS   TX   77380   (713) 751-6100         19075 I-45 SOUTH, SUITE 400, Portofino Center   SHENANDOAH   TX   77385
9807   CHASE (JPMORGAN)   4960 FAIRMONT PKWY   PASADENA   TX   77505   (713) 751-6100         5579 FAIRMONT PKWY   PASADENA   TX   77505
9808   CHASE (JPMORGAN)   1757 WEST FULLERTON   CHICAGO   IL   60614   (773) 880-1376         1730 W.FULLERTON AVENUE UNIT 22   CHICAGO   IL   60614
9809   BANK OF AMERICA   10600 CAMPUS WAY SOUTH   UPPER MARLBORO   MD   20772           BLVD AT CAPITAL CENTRE, 900 G CAPITAL CENTER BLVD, SUITE D103   LARGO   MD   20774
9810   CHASE (JPMORGAN)   575 SOUTH RANDALL ROAD   ST. CHARLES   IL   60134   (630) 377-0808         962 SOUTH RANDALL RD. UNIT B   ST. CHARLES   IL   60174
9811   BANK OF AMERICA   3321 NW FEDERAL HIGHWAY   JENSEN BEACH   FL   34994   (772) 692-7821         2800NW FEDERAL HIGHWAY   STUART   FL   34994
9812   CHASE (JPMORGAN)   8151 SOUTH COTTAGE GROVE   CHICAGO   IL   60619   (773) 651-4762         8658 SOUTH COTTAGE GROVE AVENUE, Chatham Village Square   CHICAGO   IL   60619
9813   BANK OF AMERICA   2330 WEST OREGON AVENUE   PHILADELPHIA   PA   19145           QUARTERMASTER PLAZA, 2306 OREGON AVENUE, SPACE F-3   PHILADELPHIA   PA   19141
9814   BANK OF AMERICA   1188 GALLERIA BLVD   ROSEVILLE   CA   95678   916-781-4582         CREEKSIDE TOWN CENTER, 1208 GALLERIA BLVD, STE 150   ROSEVILLE   CA   95678
9815   BANK OF AMERICA   9080 KIMBERLY BLVD   BOCA RATON   FL   33434   561-470-1029         8903 GLADES ROAD, BAY #L-5/6   BOCA RATON   FL   33434
9816   BANK OF AMERICA   192 PATTERSON PLANK ROAD   CARLSTADT   NJ   07072           89 ROUTE 17 SOUTH   EAST RUTHERFORD   NJ   07073
9817   BANK OF AMERICA   7805 GUNN HIGHWAY   TAMPA   FL   33626   (813) 792-0342         8015 CITRUS PARK DRIVE   TAMPA   FL   32828
9818   CHASE (JPMORGAN)   4200 DEMPSTER   SKOKIE   IL   60076   (847) 674-1323         9410-A SKOKIE BLVD   SKOKIE   IL   60077
9819   AM SOUTH BANK   3920 AIRPORT BLVD   MOBILE   AL   36608   251-434-3060         LLANFAIR SHOPPING CENTER, 3750 AIRPORT BLVD   MOBILE   AL   36608
9820   BANK OF AMERICA   8320 NORTH OAK TRAFFICWAY   KANSAS CITY   MO   64155           8401 NORTH MERCIER STREET   KANSAS CITY   MO   64115
9821   BANK OF AMERICA   3220 188TH STREET, SW   LYNNWOOD   WA   98037           19220 ALDERWOOD MALL PKWY, SUITE 130   LYNNWOOD   WA   98036
9822   BANK OF AMERICA   500 CHESTERFIELD CENTER DRIVE   CHESTERFIELD   MO   63017           17227 CHESTERFIELD AIRPORT ROAD, SPACE 203   CHESTERFIELD   MO   63005
9823   BANK OF AMERICA   1704 NM HWY 528   ALBUQUERQUE   NM   87111           10260 COORS BYPASS NW, SUITE B   ALBUQUERQUE   NM   87114
9826   BANK OF AMERICA   2 BETHANY ROAD   HAZLET   NJ   07730           2872 HIGHWAY 35 SOUTH   HAZLET   NJ   07730
9828   BANK OF AMERICA   27489 YNEZ ROAD   TEMECULA   CA   92591           40620 WINCHESTER ROAD, SUITE A   TEMECULA   CA   92591
9829   CITIZENS BANK   1 NORTH MAIN STREET   GREENSBURG   PA   15601   724-832-5900         WESTMORELAND MALL, 998 EAST PITTSBURGH STREET, SUITE A   GREENSBURG   PA   15601
9831   BANK OF AMERICA   728 MASSABESIC STREET   MANCHESTER   NH   03103           TJ MAXX PLAZA, 18 MARCH AVENUE   MANCHESTER   NH   03103
9832   CHASE (JPMORGAN)   320 NORTH NEW ROAD   WACO   TX   76710   (254) 776-9500         2448 WEST LOOP 340   WACO   TX   76711
9833   BANK OF AMERICA   201 EAST 11TH AVENUE   EUGENE   OR   97401           1125-A VALLEY RIVER DRIVE   EUGENE   OR   97401
9834   BANK OF AMERICA   5038 WEST AVENUE NORTH   PALMDALE   CA   93551           AMARGOSA COMMONS, 39445 TENTH STREET WEST, SUITE E   PALMDALE   CA   93551
9835   BANK OF AMERICA   749 MAIN STREET   HYANNIS   MA   02601           CAPETOWN PLAZA, 790 LYANNOUGH ROAD, SUITE 22A   HYANNIS   MA   02601
9837   BANK OF AMERICA   33 NEW MONTGOMERY STREET   SAN FRANCISCO   CA   94105           570 MARKET STREET   SAN FRANCISCO   CA   94104
9838   BANK OF AMERICA   315 WASHINGTON STREET   BOSTON   MA   02105           419 WASHINGTON STREET   BOSTON   MA   02108
9840   CHASE BANK   3783 VETERANS BLVD   METAIRIE   LA   70002   (504) 455-9728         3750 VETERANS MEMORIAL BLVD   METAIRIE   LA   70002
9841   BANK OF AMERICA   1601 EAST OAKLAND PARK BLVD   OAKLAND PARK   FL   33334   (954) 568-4392         2365 NE 26TH ST WALGREENS PLZ   FT. LAUDERDALE   FL   33305
9842   US BANK   10990 DOWNEY AVE   DOWNEY   CA   90241           12136 LAKEWOOD BLVD   DOWNEY   CA   90242
9843   US BANK   151 ANDOVER PARK E   SEATTLE   WA   98188           17401 SOUTH CENTER PARKWAY, SUITE 141   TUKWILA   WA   98188
9844   BANK OF AMERICA   700 ALAFAYA TRAIL   ORLANDO   FL   32828   (407) 381-3980         464 N. ALAFAYA TRAIL, SUITE 109   ORLANDO   FL   32828

 

*** Represents text omitted pursuant to a request for confidential treatment. The omitted material has been filed separately with the Securities and Exchange Commission.

 

            8   CM Accts by Name   8/17/2010        


Exhibit 7.2

Credit Card Arrangements

Merchant Services Bankcard Agreement, by and among Casual Male Retail Group, Inc.(“Casual Male”), The Chase Manhattan Bank and Chase Merchant Services, L.L.C.

The Casual Male entities operate under credit card arrangements with Chase Merchant Services, L.L.C. as follows:

 

   

Visa

 

   

MasterCard

 

   

American Express

 

   

Discover

Merchant Services Bankcard Agreement, by and among Casual Male and Household Bank.

Casual Male entities operate under credit card arrangements with Household Bank with respect to a Private Label Credit Card for its Casual Male XL stores and Rochester Big & Tall stores.


EXHIBIT 16.1

 

 

ASSIGNMENT AND ACCEPTANCE

Dated:                    

Effective Date:                    

 

Re: Fifth Amended and Restated Loan and Security Agreement dated December     , 2006 (the “Loan Agreement”) between Bank of America, N.A., as Collateral Agent and Administrative Agent for a syndicate of Revolving Credit Lenders and a syndicate of Last Out Revolving Lenders (collectively, the “Lenders”) referenced therein and the Lenders, on the one hand, and Casual Male Retail Group, Inc., as Borrowers’ Representative for itself and certain related entities, and each of those related entities, on the other. (Terms used herein which are defined in the Loan Agreement have the same meaning herein as in the Loan Agreement).

 

Agreement By and Between:      

 

  (The “Assignor”) and      

 

  (The “Assignee”)      

 

Wire Address for Assignee:  

 

     
 

 

     
 

ABA #:                                                     

   
  Account #:                                                      
  Attn:                                             
Notice Address for Assignee:  

 

     
 

 

     
 

 

     
  Attn:                                                     
  Fax:                                                      

1. ASSIGNMENT AND ASSUMPTION: The Assignor hereby sells and assigns to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, as of the Effective Date, the following portion (the “Assigned Commitment”) of the Assignor’s interest in the Credit Facilities:

[Revolving Credit Percentage Commitment/ Last Out Revolving Commitment Percentage] :             %


[Revolving Credit Dollar Commitment/Last Out Revolving Credit Dollar Commitment] : $            .

2. EFFECTIVE DATE: For purposes of this Assignment and Acceptance, the “Effective Date” is that date endorsed above by the Administrative Agent (which may be up to five (5) Business Days after the last to occur of the execution of this Assignment and Assumption by the Assignor and the Assignee; the assent of the Administrative Agent; the obtaining of any other consent required by the Loan Agreement; and the payment of any requisite processing fee.

3. REPRESENTATIONS BY ASSIGNOR: The Assignor represents that as of the Effective Date:

(a) The Assignor is the legal and beneficial owner of the interest being assigned hereby free and clear of any liens and encumbrances.

(b) The principal balance due to the Assignor on account of the [Revolving Credit Note/Last Out Revolving Note] held by the Assignor is $            .

4. EXCLUSION OF WARRANTIES BY ASSIGNOR: The Assignor:

(a) Makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with any Loan Document or the execution, legality, validity, enforceability, genuineness, sufficiency or value of any Loan Document or any other instrument or document furnished pursuant thereto or hereto.

(b) Makes no representation or warranty and assumes no responsibility with respect to the financial condition of any Borrower or any other Person primarily or secondarily liable in respect of any of the Liabilities, or the performance or observance by the Borrower Representative or any Borrower or any other Person primarily or secondarily liable in respect of any of the Liabilities of any of their obligations under any Loan Documents or any other instrument or document furnished pursuant hereto or thereto.

(c) Attaches the [Revolving Credit Note/Last Out Revolving Note] of which the Assignor is the holder and requests that the Administrative Agent cause the Borrowers’ exchange of such Note for new [Revolving Credit Notes/ Last Out Revolving Notes] payable to the Assignor and the Assignee reflecting the assignment referenced above.

5. ASSIGNEES REPRESENTATIONS WARRANTIES AND AGREEMENTS: The Assignee:

(a) Confirms that it has received a copy of the Loan Agreement (and any amendment thereto), the most recent financial statements then to have been delivered pursuant to the Loan Agreement, and such other documents and information as the Assignee has deemed appropriate to make its own credit analysis and decision to enter into such Assignment and Acceptance.

 

2


(b) Confirms and represents that, independently and without reliance upon the Assignor, the Administrative Agent, or any other [Revolving Credit Lender/Last Out Revolving Lender] and based on such documents and information as the Assignee deems appropriate, has made such Person’s own credit decision to join in the credit facility contemplated by the Loan Documents and to become a [“Revolving Credit Lender”/“Last Out Revolving Lender”].

(c) Confirms and represents that the Assignee will continue to make such Person’s own credit decisions in taking or not taking action under the Loan Agreement and other Loan Documents independently and without reliance upon the Assignor, the Administrative Agent or any other [Revolving Credit Lender/Last Out Revolving Lender] and based on such documents and information as the Assignee shall deem appropriate at the time.

(d) Appoints and authorizes the Administrative Agent to take such action on behalf of the Assignee and to exercise such powers under the Loan Documents as are delegated to the Administrative Agent by the terms hereof or thereof, together with such powers as are reasonably incidental thereto.

(e) Agrees that the Assignee will perform, in accordance with their terms, all of the obligations which, by the terms of the Loan Agreement and all other Loan Documents are required to be performed by it as a [“Revolving Credit Lender”/“Last Out Revolving Lender”] as if the Assignee had been a signatory thereto and to any amendments thereof.

(f) Represents and warrants that it is legally authorized to enter into this Assignment and Acceptance and to perform its obligations hereunder, under the Loan Agreement and under the Loan Documents.

6. EFFECT OF ASSIGNMENT AND ASSUMPTION: Following delivery, acceptance and recording by the Agent of this Assignment and Acceptance, from and after the Effective Date:

(a) The Assignee shall be a party to the Loan Agreement and the other Loan Documents (and any amendments thereto) and to the extent of the Assigned Commitment, have the rights and obligations of a [Revolving Credit Lender/Last Out Revolving Lender] thereunder.

(b) The Assignor shall be released from the Assignee’s obligations under the Loan Agreement and the other Loan Documents to the extent of the Assigned Commitment.

 

3


(c) The Agent shall make all payments in respect of the interest in the [Revolving Credit Loans/Last Out Revolving Loans] assigned hereby (including payments of principal, interest, and applicable fees) to the Assignee.

(d) The Assignor and Assignee shall make all appropriate adjustments in payments for periods prior to the Effective Date by the Administrative Agent or with respect to the making of this assignment directly between themselves.

7. MASSACHUSETTS LAW: This Assignment and Acceptance shall be governed by, and construed in accordance with, the laws of The Commonwealth of Massachusetts (without giving effect to the conflicts of laws principles thereof).

[Signature Page Follows]

 

4


IN WITNESS WHEREOF, intending to be legally bound, each of the undersigned has caused this Assignment and Acceptance to be executed on its behalf by its officer thereunto duly authorized, as of the date first above written.

 

ASSIGNOR       ASSIGNEE
By:  

 

    By:  

 

Title:  

 

    Title:  

 

        CONSENT
    The Administrative Agent hereby approves the foregoing assignment.
        BANK OF AMERICA, N.A.
        Administrative Agent
     

By

 

 

 

5

Section 302 CEO Certification

Exhibit 31.1

CERTIFICATION

I, David A. Levin, certify that:

 

1. I have reviewed this quarterly report on Form 10-Q/A of Casual Male Retail Group, Inc.;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

Date: December 8, 2010     /s/ DAVID A. LEVIN
   

David A. Levin

Chief Executive Officer

Section 302 CFO Certification

Exhibit 31.2

CERTIFICATION

I, Dennis R. Hernreich, certify that:

 

1. I have reviewed this quarterly report on Form 10-Q/A of Casual Male Retail Group, Inc.;

 

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

   
Date: December 8, 2010     /s/ DENNIS R. HERNREICH
   

Dennis R. Hernreich

Chief Financial Officer