Extension of the Financing Agreement to November 15, 2023

Contract Categories: Business Finance - Financing Agreements
EX-10.41 6 ex10-41.htm

 

Exhibit 10.41

 

Rosenthal & Rosenthal

 

August 24, 2023

 

JP Outfitters, LLC

11 11 Brickell Avenue Suite 1300

Miami, FL 33131

 

TA Outfitters, LLC

5345 Creek Road

Blue Ash, OH 45242

 

Ladies and Gentlemen:

 

Reference is made to the Financing Agreement entered into between us and each of you dated June 11, 2019. as amended or supplemented (the “Financing Agreement”). This letter confirms our agreement that the Financing Agreement shall terminate effective as of November 15, 2023, otherwise in accordance with its terms, including specifically. but not limited to, those provisions set forth in Section 10 of the Financing Agreement. In consideration of the foregoing, on October 1, 2023 we will charge to your account with us, $9,375 representing a pro-rated facility fee for such partial period.

 

This letter is without waiver of any of the terms or our rights under the Financing Agreement, including our right to send you such a termination notice at any time.

 

  Very Truly Yours,
  Rosenthal & Rosenthal
     
  By:
  Name: Thomas D. Lauria
  Title: Executive Vice President

 

Agreed:  
     
JP Outfitters, Inc.  
     
By:  
Name: Sam Chung  
Title: CFO/Director  
     
TA Outfitters, LLC  
   
By:  
Name: Arnold Cohen  
Title: MD/CEO