Extract to table

1501, a foreign corporation is required to obtain a certificate of authority before transacting business in Iowa

01(l) of the draft Credit Agreement provides that an Event of Default shall occur if the Lindstrom Family Trust ceases to own, directly or indirectly, at least 51% of the issued and outstanding equity interests in Holdings

Organizational Document Delivery Checklist The following checklist summarizes the organizational documents and related deliverables that must be assembled and delivered at or prior to closing in satisfaction of the conditions precedent set forth in Article IV of the draft Credit Agreement

The existing PNB UCC filings must be terminated in connection with the payoff and release of the PNB facility

These mortgages must be released and satisfied of record in connection with the payoff and release of the PNB facility

Open Items and Action Items The following is a summary of outstanding items that must be resolved prior to the closing of the ABL Facility