HomeMy WebLinkAbout01-1452COMMONWEALTH OF PENNSYLVANIA - UCC1
FINANCING STAI EMENT
PARTIES
Debtor name (last name fist if individual) and mailing address:
Vector Tobacco Ltd.
Claredon House - 2 Chruch St.
Hamilton, Bermuda HMCX
Debtor name (last name first if individual) and mailing address:
Vector Tobacco U.,~ Ltd.
700 W. Main Street
Durham, NC 27701
Debtor name (last name first if individual) and mailing adriress:
Unifom~ Commercial Code Form UCC-I
Secured Party(irs) name(s) (last name first if individual) and address
for security interest information:
BGLS Inc.
100 SE 2nd Street, 32nd Floor
Miami, FL 33131
SEE ATTACHED FOR ADDL SECURED PARTY 2
Assignee(s) of Secured Party name(s) (last name first if individual) and
address for security interest information:
Figng No. (stamped by filing officer): , ~l~at%'fl~¢l~i ng Office (stamped by filing officer)
i3c CUU Efib o COUNTY s
This Financing Statement is presented for fil ~l~t [~[~[for m Commercial Code,
and is to ~ filed with the (check applicable box):
~ Secmta~ of thc Commonwealth.
m Prothonom. off ~rX~ County.
D mai ~tate records of County.
6
Nutuber of Additional Sheets (if any): ~ 7
Optional Special Identification (Max, 10 characters): 8
COnilL
Identify co~ateral by item an~or Wpe:
See Exhibit A attached hereto and inco~orated herein for a description of the
collateral and for the name of the record owner of the real prope~ for the
pu~oses of perfecting Secured Pa~'s securi~ interest in the fixtures owned
by Debtors.
Special Types of Parties (check if applicable):
SECURITy PARTY SIGNATURE(S)
This statement is filed with only the Secured Party's signature to perfect
a security interest in collateral (check applicable box(es))-
a. r-lacquired after a change of name, identity or corporate structure of
the Debtor.
h. [] as Io which the filing has lapsed.
c. already subject to a sccufi[7 interest in anotl~r county in Pennsylvania-
Flwhen the collateral was moved to this county.
C]wben the Debtors residence or place of business was moved to
this county.
d already subject to a secur~y imerest in another jurisdiction- [] when the collateral was moved to Pennsylvania.
FI when the Debtor's location was moved to Pennsylvania.
e 0 which is proceeds of the collateral described in block 9, in which a
sccurily interest was previously perfected (also describe proceeds in
block 9, if purchased with cash proceeds and not adequately
described on the original financing statement).
Secured Party Signature(s)
(required only if box(es) is checked above):
2a
~1 (check only if desired) Products of the collateral arc also covered, 9
Identify related real estate, if applicable: The collateral is, or includes (check appropriate box(es))-
a. [] crops growing or to be grown on -
b. ~ goodswhichareoraretobecomefixtureson-
C. [] minerals or the like (including oil and gas ) as extracted on -
d [~ accounts resulting from the sale of minerals or the like (including oil and gas) at the wellhead or
minehead on-
the following real estate:
Street Address:
D~cnl~edat: t~ok -- of(checkon~) [] Deeds [~ Mo~gages, at Page(s)
for County. Uniform Parcel Identifier
[] Described on Additional Sheet.
Name of record owner (required only if no Debtor has an interest of record):
'lb
RETURN RECEIPT TO:
10
4
After Iqllng Return To:
CT CORPORATION
17 South I-Ii~h Street
Columbus, OI-143215
12
COMMONWEALTH OF PENNSYLVANIA- UCC 1
Item 2 Additional Secured Party:
Vector Group Ltd.
100 SE 2nd Street, 32nd Floor
Miami, FL 33231
178569-1 6372.001
3/7/016:02 PM
EXHIBIT A
TO UCC-1 FINANCING STATEMENT
DEBTORS:
VECTORTOBACCO LTD.
VECTORTOBACCO~S~LTD.
SECURED PARTIES: BGLS, INC.
VECTORGROUP LTD.
The collateral '(the "Collateral") constitutes all personal property of each Debtor, whether
now owned or hereafter acquired, including, without limitation, the following property:
(a) all shares of capital stock and all other securities whatsoever of whatever class,
rank or type, now or hereafter owned by the Debtor, in each case together with the
certificates evidencing the same (collectively, the "Pledged Stock");
Co) all shares, securities, moneys or property representing a dividend on any of the
Pledged Stock, or representing a distribufon or return of capital upon or in respect of the
Pledged Stock, or resulting from a split-up, revision, reclassification or other like change of
the Pledged Stock or otherwise received in exchange therefor (including in the event of any
consolidation or merger in which an issuer of Pledged Stock is not the surviving
corporation, all shares of each class of the capital stock or other securities of the successor
corporation formed by or resulting from such consolidation or merger, and any subscription
warrants, rights or options issued to the holders of, or otherwise in respect of, the Pledged
Stock;
(c) all accounts and general intangibles (each as defined in the Uniform Commercial
Code) of the Debtor constituting any right to the payment of money, including (but not
limited to) all moneys due and to become due to the Debtor in respect of any loans or
advances or in connection with the sale or disposition of Inventory or Equipment (each as
defined below) or other goods sold or leased or for services rendered, all moneys due and
to become due to the Debtor under any guarantee (including a letter of credit) of the
purchase price of Inventory or Equipment sold by the Debtor, and all tax refunds (such
accounts, general intangibles and moneys due and to become due being herein called
collectively "Accounts");
(d) ali instruments, chattel paper or letters of credit (each as defined in the Uniform
Commercial Code) of the Debtor evidencing, representing, arising from or existing in
respect of, relating to, securing or otherwise supporting the payment of, any of the
Accounts, including (but not limited to) promissory notes, drafts, bills of exchange and
trade acceptances (herein collectively called "Instruments");
(e) all inventory (as defined in the Uniform Commercial Code) of the Debtor, all
goods obtained by the Debtor in exchange for such inventory, and any products made or
processed from such inventory including all substances, if any, commingled ther~vith or
added thereto (herein collectively called "Inventory_");
(0 all equipment (as defined in the Uniform Commercial Code) of the Debtor,
including all motor vehicles, tractors, trailers and other like property, whether or not the
title thereto is governed by a certificate of title or ownership (herein collectively called
'Equipment');
(g) each contract and other agreement of the Debtor relating to the sale or other
disposition of Inventory or Equipment;
(h) all documents of title (as defined in the Uniform Commercial Code) or other
receipts of the Debtor covering, evidencing or representing Inventory or Equipment
(herein collectively called "Documents");
(i) all rights, claims and benefits of the Debtor against any person or entity arising out
of, relating to or in connection with Inventory or Equipment purchased by the Debtor,
including, without limitation, any such rights, claims or benefits against any person or
entity storing or transporting such Inventory or Equipment;
(j) all copyrights, copyright registrations and applications for copyright registrations,
and all licenses and other rights relating to the same ("Copyrights"), including, without
limitation, all renewals, extensions, income, royalties, damages and payments now or
hereafler due and/or payable under and with respect thereto, including, without limitation,
damages and payments for past or future infringements thereof, the right to sue for past,
present and future infringements thereof, and all rights corresponding thereto throughout
the world (the "Copyright Collateral"); provided that Copyright Collateral does not and
shall not include any Copyright that would be rendered invalid, abandoned, void or
unenforceable by reason of its being included as part of the Copyright Collateral;
(k) all patents and patent applications, and all licenses and other fights relating to the
same ("Pal¢nW'), including, without limitation, the inventions and improvements
described and claimed therein together with the reissues, divisions, continuations,
renewals, extensions and continuations-in-part thereof, all income, royalties, damages and
payments now or hereat~er due and/or payable under and with respect thereto, including,
without limitation, damages and payments for past or future infringements thereof, the
fight to sue for past, present and future infringements thereof, and all rights corresponding
thereto throughout the world C'Patent Collateral"); provided that Patent Collateral does
not and shall not include any Patent that would be rendered invalid, abandoned, void or
unenforceable by reason of its being included as part of the Patent Collateral;
(1) all trade names, trademarks and service marks, domain names, urls, logos,
trademark and service mark registrations, and applications for trademark and service mark
registrations, and all licenses and other rights relating to the same ("Trademarks"),
including, without limitation, all renewals of trademark and service mark registrations, all
rights corresponding thereto throughout the world, the fight to recover for all past, present
and future infringements thereof, all other fights of any kind whatsoever accruing
177106-3 2
thereunder or pertaining thereto, together, in each case, with the product lines and
goodwill of the business connected with the use of, and symbolized by, each such trade
name, trademark and service mark. ("Trademark Collateral"); provided that Trademark
Collateral does not and shall not include any Trademark that would be rendered invalid,
abandoned, void or unenforceable by reason of its being included as part of the Trademark
Collateral;
(m) all farm products, including, without limitation, all seeds, crops, or supplies used
or produced in farming operations or products of crops in their unmanufactured states or
in the possession of Debtor in connection with any farming or producing operations,
including, without limitation such farm products located in, on or above the real property
described on ~chedule 1 attached hereto;
(n) all other tangible and intangible personal property and fixtures of the Debtor,
including, without limitation, all proceeds, products, offspring, accessions, rents, profits,
income, benefits, substitutions and replacements of and to any of the property of the
Debtor described in the preceding clauses hereof (including, without limitation, any
proceeds of insurance thereon and all causes of action, claims and warranties now or
hereafter held by the Debtor in respect of any of the items listed above) and, to the extent
related to any property described in said clauses or such proceeds, products and
accessions, all books, correspondence, credit files, records, invoices and other papers,
including without limitation all tapes, cards, computer runs and other papers and
documents in the possession or under the control of the Debtor or any computer bureau or
service Debtor from time to time acting for the Debtor;
(o) all now owned or hereafter acquired fixtures, including leasehold improvements,
located in, on above the real property described on Schedule 1 attached hereto, together
with all rents and leases now existing or hereafter arising from such property to which the
record owner is Liggett Group, Inc.;
(p) All issues, deposits, Products, rents, profits and Proceeds derived of and from any
and all of the foregoing Collateral and to the extent not otherwise included, all payments
under insurance (whether or not Secured Party is the loss payee thereof) or any indemnity,
warranty or guaranty, and all rights, benefits, judgments, executions, and payments or
rights to payment, and rights to enforcement (but not obligations), in respect of any
litigation or proceedings arising from time to time; and all choices in action or judgment
payable by reason of loss or damage to or otherwise with respect to any of the foregoing
Collateral;
(1) Ail extensions, additions, modifications, improvements, betterments, renewals,
substitutions and replacements of, for or to any of the Collateral wherever located, together
with the products, proceeds, revenues, income, issues, rents and profits thereof, including
without limitation, proceeds deriving from enforcement of any rights or benefits, and any
replacements, additions or accessions thereto or substitutions thereof, and all rights or
claims in or under insurance policies and to the proceeds of any insurance policies
covering any of the other Collateral, all rights to unearned or refunded insurance
177106--3 3
premiums, and the proceeds of any insurance or condemnation awards or judgments, tax
refunds, or any tort, contract or other claims regarding any of the other Collateral;
(m) All other Collateral and all proceeds and products of the foregoing.
Each Debtor hereby grants and regrants to Secured Party a continuing, perfected
security interest in and to the foregoing Collateral
177106-3 4