Assignment of Note Agreement between J.H. Whitney Mezzanine Fund, L.P. and Allied Capital Corporation
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Summary
J.H. Whitney Mezzanine Fund, L.P. is transferring and assigning a $24,000,000 promissory note to Allied Capital Corporation. The agreement authorizes Wayne Lovett to act as attorney-in-fact to handle the transfer of the note on the borrower's records. This document formalizes the sale and transfer of the note, ensuring Allied Capital Corporation becomes the new holder with all associated rights.
EX-10.2 5 a94073exv10w2.txt EXHIBIT 10.2 EXHIBIT 10.2 ASSIGNMENT OF NOTE FOR VALUE RECEIVED, the undersigned hereby sells, assigns and transfers unto: Allied Capital Corporation 1919 Pennsylvania Avenue, N.W. Washington, DC 20006 the attached Note in the principal amount of $24,000,000, and does hereby irrevocably appoint Wayne Lovett as attorney-in-fact to transfer said Note on the books of the Borrower, with full power of substitution in the premises. Done this________ day of October, 2003. J.H. WHITNEY MEZZANINE FUND, L.P. By: WHITNEY GP, L.L.C., its General Partner By: -s- Daniel J. O'Brien --------------------------------- Name: Daniel J. O'Brien Title: A Managing Member Address: 177 Broad Street Stamford, CT 06901