Extension Letter for Promissory Note between Dryclean USA, Inc. (Envirostar, Inc.) and Wachovia Bank, N.A.
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Summary
This letter agreement extends Wachovia Bank's obligation to advance funds under a $2,250,000 promissory note originally issued to Dryclean USA, Inc. (Envirostar, Inc.) until October 30, 2011. The extension is subject to a $2,500 renewal fee. All other terms and conditions of the original note and related loan documents remain unchanged. The agreement is signed by Wachovia Bank, a Wells Fargo company, and addressed to Michael Steiner of Dryclean USA, Inc.
EX-4.01 2 ex4-01_f8k1112010.htm EXHIBIT 4.01 ex4-01_f8k1112010.htm
EXHIBIT 4.01
 | Regional Commercial Banking Office MAC Z6z04-018 200 South Biscayne Boulevard Annex Building Miami, FL 33131 Tel: 305 ###-###-#### Fax: 305 ###-###-#### Wellsfargo.com |
October 29, 2010
Michael Steiner
Dryclean USA, Inc
290 NE 68th Street
Miami, FL 33138
| RE: | Promissory Note from Dryclean USA, Inc. (Envirostar, Inc.) (“Borrower”) to Wachovia Bank, National Association (“Wachovia”) in the original principal amount of $2,250,000.00 dated November 2, 1998 including any amendments (the “Note”) |
Dear Mr. Steiner:
Wachovia is pleased to extend its obligation to advance funds under the Note until October 30, 2011. This extension will be subject to a $2,500.00 renewal fee.
All other terms, conditions and provisions of the Note and Loan Documents (as defined in the Note) remain unchanged and in full force and effect.
Thank you for allowing Wachovia to be of service. Please feel free to call me if you have any questions about this renewal.
Sincerely,
Wachovia Bank, National Association
A Wells Fargo Company
/s/ John Costa
John Costa
Senior Vice President
