NOTICE OF SALE OF COLLATERAL PLEASE TAKE NOTICE THAT, in accordance with (a) Section 9-610 of the Uniform Commercial Code of the State of Illinois, and (b) the Loan and Security Agreement, dated as of May 2, 2023 (as amended, supplemented, or otherwise modified from time to time, the “Security Agreement”), by Larsen Packaging Products, Inc. (the “Debtor”) in favor of Sig- nature Bank (the “Lender”), the Lender as the Secured Party under the Security Agreement, will conduct a public sale without reserve of all of the Collateral hereto as follows (the “Sale”): Friday, December 20, 2024, 10:00 a.m. at 1300 S. River Street Batavia, Illinois The sale is subject to certain bidding procedures and any prospective bidder must enter into a confidentiality agree- ment with the Lender/Debtor in order to be eligible to receive any due diligence materials or to participate and bid at the sale. ANY PARTY INTENDING TO BID AT THE SALE MUST CONTACT THE FOLLOWING PRIOR TO THE SALE TO OBTAIN THE BIDDING PROCEDURES AND CONFIDENTIALITY AGREEMENT. Silverman Consulting One North Wacker Drive Suite 3925 Chicago, Illinois 60606 Attn: Cezary Turek (773) 497-0327 cturek@silvermanconsulting.net The Collateral is being sold and assigned without recourse, and without any representation, warranty or guaranty of any kind or nature, whether express or implied, or with respect to the completeness or accuracy of any description of the Collateral or the rights and liabilities that accompany or may be associated with the Collateral or the enforceability, e ectiveness, term, duration, or assignability of any contracts, licenses or related rights. THE SALE OF THE COLLAT- ERAL IS “AS IS,” “WHERE IS,” WITH ALL FAULTS, AND WITHOUT ANY WARRANTIES WHATSOEVER, EXPRESSED OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS OR ANY WAR- RANTY WITH RESPECT TO THE VALUE, NATURE, QUALITY, CONDITION, POSSESSION, OR TITLE FOR ANY PARTIC- ULAR OR OTHER PURPOSE. James P. Sullivan, Esq. (312) 845-3445 jsullivan@chapman.com Cezary Turek (773) 497-0327 cturek@silvermanconsulting.net Microsoft Teams Meeting: Meeting ID: 258 423 355 350 Passcode: AR6ci7y5
December 16, 2024 47
www.boardconvertingnews.com
Made with FlippingBook Ebook Creator