Common Contracts

2 similar Secured Note contracts by Hc2 Holdings, Inc.

SECURED NOTE
Secured Note • November 5th, 2019 • Hc2 Holdings, Inc. • Fabricated structural metal products • New York

FOR VALUE RECEIVED, HC2 Station Group, Inc., a Delaware corporation, and HC2 LPTV Holdings, Inc., a Delaware corporation (collectively, the “Subsidiary Borrowers”), HC2 Broadcasting Holdings Inc., a Delaware corporation (the “Parent Borrower” and, together with the Subsidiary Borrowers, the “Borrowers” and each, a “Borrower”) hereby unconditionally promise, severally and jointly, to pay to each entity listed on Annex I hereto (the “Lender”), or its registered assigns, Five Million Three Hundred Seventy Five Thousand Dollars ($5,375,000), together with interest on the unpaid principal balance of this Secured Note (this “Note”) outstanding from time to time at a rate equal to Eight and a Half percent (8.50%) (computed on the basis of the actual number of days elapsed in a 365-day year) per annum (the “Interest Rate”).

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SECURED NOTE
Secured Note • November 5th, 2019 • Hc2 Holdings, Inc. • Fabricated structural metal products • New York

FOR VALUE RECEIVED, HC2 Station Group, Inc., a Delaware corporation, and HC2 LPTV Holdings, Inc., a Delaware corporation (collectively, the “Subsidiary Borrowers”), HC2 Broadcasting Holdings Inc., a Delaware corporation (the “Parent Borrower” and, together with the Subsidiary Borrowers, the “Borrowers” and each, a “Borrower”) hereby unconditionally promise, severally and jointly, to pay to each entity listed on Annex I hereto (the “Lender”), or its registered assigns, Five Million Three Hundred Seventy Five Thousand Dollars ($5,375,000), together with interest on the unpaid principal balance of this Secured Note (this “Note”) outstanding from time to time at a rate equal to Eight and a Half percent (8.50%) (computed on the basis of the actual number of days elapsed in a 365-day year) per annum (the “Interest Rate”).

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