W I T N E S S E T H :

EX-10.18 3 c87205exv10w18.htm EXHIBIT 10.18 Exhibit 10.18
Exhibit 10.18
ASSUMPTION AGREEMENT, effective as of January 26, 2009, made by CAMPUS AUTHENTIC LLC, a Delaware limited liability company (the “Additional Grantor”), in favor of JPMORGAN CHASE BANK, N.A., as administrative agent (in such capacity, the “Administrative Agent”) for the banks and other financial institutions (the “Lenders”) parties to the Credit Agreement referred to below. All capitalized terms not defined herein shall have the meaning ascribed to them in such Credit Agreement.
W I T N E S S E T H :
WHEREAS, NBC Holdings Corp. (“SuperHoldings”), NBC Acquisition Corp. (“Holdings”), Nebraska Book Company, Inc. (the “Borrower”), the Lenders, certain financial institutions acting as agents and the Administrative Agent have entered into the Credit Agreement, dated as of February 13, 1998, as amended and restated as of December 10, 2003, and as further amended and restated as of March 4, 2004 (as further amended, supplemented or otherwise modified from time to time, the “Credit Agreement”);
WHEREAS, in connection with the Credit Agreement, SuperHoldings, Holdings, the Borrower and certain of their Affiliates (other than the Additional Grantor) have entered into the Amended and Restated Guarantee and Collateral Agreement, dated as of February 13, 1998, as amended and restated as of December 10, 2003, and as further amended and restated as of March 4, 2004 (as further amended, supplemented or otherwise modified from time to time, the “Guarantee and Collateral Agreement”) in favor of the Administrative Agent for the benefit of the Secured Parties;
WHEREAS, the Credit Agreement requires the Additional Grantor to become a party to the Guarantee and Collateral Agreement; and
WHEREAS, the Additional Grantor has agreed to execute and deliver this Assumption Agreement in order to become a party to the Guarantee and Collateral Agreement;
NOW, THEREFORE, IT IS AGREED:
1. Guarantee and Collateral Agreement. By executing and delivering this Assumption Agreement, the Additional Grantor, as provided in Section 8.15 of the Guarantee and Collateral Agreement, hereby becomes a party to the Guarantee and Collateral Agreement as a Grantor thereunder with the same force and effect as if originally named therein as a Grantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor thereunder. The information set forth in Annex 1-A hereto is hereby added to the information set forth in Schedules 1, 3, 4, 5 and 6 to the Guarantee and Collateral Agreement. The Additional Grantor hereby represents and warrants that each of the representations and warranties contained in Section 4 of the Guarantee and Collateral Agreement is true and correct on and as the date hereof (after giving effect to this Assumption Agreement) as if made on and as of such date.
2. Governing Law. THIS ASSUMPTION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

 

 


 

IN WITNESS WHEREOF, the undersigned has caused this Assumption Agreement to be duly executed and delivered as of the date first above written.
         
  CAMPUS AUTHENTIC LLC
 
 
  By:   /s/ Alan G. Siemek    
    Name:   Alan G. Siemek   
    Title:   Chief Financial Officer, Treasurer and Assistant Secretary   
[Signature Page to Assumption Agreement]

 

 


 

Annex 1-A
Schedule 1
NOTICE ADDRESS OF ADDITIONAL GRANTOR
Campus Authentic LLC
4700 South 19th Street
Lincoln, Nebraska 68501

 

 


 

Schedule 2
DESCRIPTION OF INVESTMENT PROPERTY
Pledged Stock: None.
                         
Issuer   Class of Stock     Stock Certificate No.     No. of Shares  
 
                       
Pledged Notes: None.
                 
Issuer   Payee     Principal Amount  
 
               

 

 


 

Schedule 3
FILINGS AND OTHER ACTIONS REQUIRED TO PERFECT SECURITY INTERESTS
Uniform Commercial Code Filings
         
Grantor   State   Jurisdiction
Campus Authentic LLC
  DE   Secretary of State

 

 


 

Schedule 4
LOCATION OF JURISDICTION OF ORGANIZATION AND CHIEF EXECUTIVE OFFICE
     
Grantor   Location
 
   
Campus Authentic LLC, a Delaware limited liability company
  Jurisdiction of Organization: Delaware
Chief Executive Office: Lincoln, Nebraska
Organizational ID Number: 3446488
 
   
 
 
   
 
 

 

 


 

Schedule 5
LOCATION OF INVENTORY AND EQUIPMENT
     
Grantor   Locations
 
   
Campus Authentic LLC
  4700 South 19th Street
 
  Lincoln, Nebraska 68501

 

 


 

Schedule 6
COPYRIGHTS AND COPYRIGHT LICENSES
None.
PATENTS AND PATENT LICENSES
None.
TRADEMARKS AND TRADEMARK LICENSES
                     
Trademark   Serial No.   Registration No.   Jurisdiction   Owned by:
Campus Authentic
  77/105056   3328622     U.S. Federal   Nebraska Book Company, Inc.
 
                 

 

 


 

Schedule 7
EXISTING PRIOR LIENS
None.