MAY, PURSUANT TO, AND IN ACCORDANCE WITH, CONN.
GEN. STATE. §52-278F, ISSUE A WRIT FOR A PREJUDGMENT REMEDY WITHOUT SECURING A
COURT ORDER PROVIDED THE COMPLAINT SHALL SET FORTH A COPY OF THIS WAIVER.
THE
BORROWER ACKNOWLEDGES AND RESERVES ITS RIGHT TO NOTICE AND A HEARING SUBSEQUENT
TO THE ISSUANCE OF A WRIT FOR A PREJUDGMENT REMEDY AS AFORESAID AND THE LENDER
ACKNOWLEDGES THE BORROWER'S RIGHT TO SAID HEARING SUBSEQUENT TO THE ISSUANCE OF
SAID WRIT.
THE BORROWER FURTHER WAIVES ITS RIGHTS TO REQUEST THAT THE LENDER
POST A BOND, WITH OR WITHOUT SURETY, TO PROTECT THE BORROWER AGAINST DAMAGES
THAT MAY BE CAUSED BY ANY PREJUDGMENT REMEDY SOUGHT OR OBTAINED BY THE LENDER.
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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
executed as of the date first above written.
LYDALL, INC.
By:
/s/ Dale G. Barnhart
Name:
Dale G. Barnhart
Title:
President & CEO
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BANK OF AMERICA, N.A., as Lender
By:
/s/ Christopher T. Phelan
Name:
Christopher T. Phelan
Title:
Senior Vice President
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