Extension Letter for $4,000,000 Line of Credit between Southwest Bank of St. Louis and Accentia Biopharmaceuticals, Inc.
Southwest Bank of St. Louis has agreed to extend the maturity date of a $4,000,000 line of credit (Loan #956724001-71006) provided to Accentia Biopharmaceuticals, Inc. The new maturity date is March 31, 2008. This extension is confirmed in writing until a formal note is executed. The letter serves as temporary documentation of the new terms.
Exhibit 10.176
| 700 Corporate Park Drive Clayton, MO 63105 Phone: (314) 727-7070 Fax: (314) 746-0175 www.mySouthwestBank.com |  |
December 20, 2007
Mr. Alan Pearce
Chief Financial Officer
Accentia Biopharmaceuticals, Inc.
324 S. Hyde Park Ave.
Tampa, FL ###-###-####
RE: $4,000,000 line of credit, Loan #956724001-71006
Dear Alan:
With this letter, Southwest Bank of St. Louis hereby extends the maturity date of the above referenced loan to March 31, 2008. We will follow up with a executable note in then near future, but until then, please reference this letter for any inquiries on the new maturity date.
Thanks again for all of your business with the Bank!
| Sincerely, |
| /s/ Scott Z. Larson |
| Scott Z. Larson |
| Senior Vice President |
| Cc: Kurt Kientzle |
Member FDIC
