Photos: The week’s worst restaurant inspections in Jacksonville (July 23) – The Florida Times-Union | Automatic Sliding Freezer Doors

Our business is subject to many risks and uncertainties, which may affect our future financial performance or condition. If any of the events or circumstances described below occur, our business and financial performance or condition could be adversely affected, our actual results could differ materially from our expectations and the market value of our stock could decline. The risks and uncertainties discussed below are not the only ones we face. There may be additional risks and uncertainties not currently known to us or that we currently do not believe are material that may adversely affect our business and financial performance.

New London Music Boosters; Grove St., New London; Oct. 19, standard inspection — Violation: Critical — Corrected during inspection — Observed that opened can of nacho cheese placed to warm in a roaster with water measured 101 degrees F. Can had been opened over four hours ago. All TCS foods must be maintained at 135 degrees F or above to prevent bacterial growth. Nacho cheese was disposed; Violation: Observed a build-up of burnt oil on exterior of popcorn pot. Unit must be dismantled and cleaned per day.

4-101.19; Core; Rust accumulated on underside of shelving in walk-in cooler. If cannot keep off rust, replace. Per 4-101.19, NonFOOD-CONTACT SURFACES of EQUIPMENT that are exposed to splash, spillage, or other FOOD soiling or that require frequent cleaning shall be constructed of a CORROSION-RESISTANT, nonabsorbent, and SMOOTH material.

The Credit Agreement contains various restrictive covenants, including restrictions on the Company’s ability to dispose of assets, make acquisitions or investments, incur debt or liens, make distributions to shareholders or repurchase outstanding stock, enter into related party transactions and make capital expenditures, other than upon satisfaction of the conditions set forth in the Credit Agreement. During the quarter ended June 30, 2018, the Credit Agreement also required us to maintain (i) a minimum debt service coverage ratio of not less than 1.25 to 1.0 and (ii) a debt to equity ratio of not greater than 2.50 to 1.00 until maturity. Upon an event of default, which includes certain customary events such as, among other things, a failure to make required payments when due, a failure to comply with covenants, certain bankruptcy and insolvency events, and defaults under other material indebtedness, FIB may cease advancing funds, increase the interest rate on outstanding balances, accelerate amounts outstanding, terminate the agreement and foreclose on all collateral.

3.       Rent. Tenant agrees to, and shall pay to Landlord annual cash rental (the “Annual Base Rent”) as follows:

WHEREAS, Bank is willing to make such modifications to the Loan Agreement and extend such additional term loan on the terms and conditions stated herein.

Richard A. Johnson, Ph.D. was elected as a director of the Company on May 9, 2012. Dr. Johnson is currently an executive scientific consultant. From 1990 to 2008, he served as Founder and President of AvTech Laboratories. Prior to founding AvTech Laboratories, he served in various positions with The Upjohn Company, including Senior Research Scientist, Manager of Product Control, Manager of Quality Assurance Product Support and Director of Strategic Planning. Dr. Johnson received his Bachelor of Science in Chemistry from the Illinois Institute of Technology and his Ph.D. in Chemical Physics from Michigan State University. Dr. Johnson brings to the Board of Directors knowledge and insight on scientific matters, stemming from his extensive experience in the pharmaceutical industry.

We lease a portion of our headquarters’ building in West Lafayette, Indiana to Cook Biotech, Inc. (Tenant) as part of the Lease Agreement signed in January 2015. The Lease Agreement has an initial term ending December 31, 2024 with escalating rents each year. The Tenant took full possession of the space on May 1, 2015. We recognize the escalating rents on a straight-line basis as a reduction to general and administrative expenses on the Consolidated Statements of Operations and Comprehensive Income (Loss) and lease rent receivable on the Consolidated Balance Sheets. The cash rent received is recorded to the customer account and as a reduction to the other accounts receivable on the Consolidated Balance Sheets. The variance between the straight line rents recognized and the actual cash rents received will net to zero in other accounts receivable by the end of the agreement on December 31, 2024. As of September 30, 2018, the rents recognized amounted to $2,172 and cash rent received amounted to $2,057. Future rental income recognized and cash rents received for the next five years are as follows:

(b)       Borrower may request a Revolving Loan by written or telephone notice to Bank. Bank will make Revolving Loans by crediting the amount thereof to Borrower’s account at Bank, if any, or as otherwise directed by Borrower and approved by Bank. Loan proceeds will be used for general business purposes.

This is the largest home in the neighborhood, nice yard sitting in a cul-de-sac. Come by and see this 3 bedroom, 2 full bath home with over 1,400 Sq Ft just 2 blocks from the county. Freshly painted spacious living room and dining room have natural color Pergo floors, skylights, and a bay window. Completely updated eat-in-kitchen with top of line appliances. Nice size master bedroom suite with full bathroom Basement is partially finished and the large laundry area has lots of extra storage. There is also an enclosed 2 car covered carport. The sliding glass doors open up to a patio overlooking private yard. and hardwood floors.

While the EPA is going to be requiring a new foam formulation that may enhance moisture resistance, Utility’s Bennett points out that a completely watertight design is already an approach the manufacturer takes for its refrigerated trailer models. Included are a welded floor and wear band system, virtually no interior rivets to break off and provide leak points, dual durometer door seals with additional wiper gaskets and a one-piece underskin to seal out road spray. “Maintenance, including repairing cuts promptly, is also extremely important for keeping the inside of the trailer and the outside walls and underskin totally sealed,” he adds.

Countertop dimensions, available workspace, and traffic flow all play a big part in getting the most out of your kitchen island