SECURED NON-REVOLVING LINE OF CREDIT LOAN AGREEMENTCredit Loan Agreement • June 5th, 2023 • Loop Media, Inc. • Services-help supply services • Florida
This Secured Non-Revolving Line of Credit Loan Agreement (this "Agreement") is dated as of May 31, 2023 (“Effective Date”), by and between LOOP MEDIA, INC., a Nevada corporation ("Borrower") and Excel Family Partners, LLLP, a Florida limited liability limited partnership with a principal place of business at [*] (the “Lender”).
SUBORDINATION AGREEMENTSubordination Agreement • June 5th, 2023 • Loop Media, Inc. • Services-help supply services • Texas
This Subordination Agreement (this “Agreement”) is entered into as of May 31, 2023, by and between Excel Family Partners, LLLP, a Florida limited liability limited partnership with a principal place of business at [*] (“Subordinated Lender”), and GemCap Solutions, LLC, a Delaware limited liability company with offices at [*] as successor and assign to Industrial Funding Group, Inc. (the “Senior Lender”). Unless otherwise defined herein, capitalized terms used herein shall have the meaning provided such terms in the Senior Lender Loan Agreement referred to below.
