Common Contracts

2 similar Collateral Agreement contracts by XZERES Corp.

COLLATERAL AGREEMENT
Collateral Agreement • August 9th, 2012 • XZERES Corp. • Engines & turbines • New York

COLLATERAL AGREEMENT, dated as of August 1, 2012, by and among XZERES CORP., a Nevada corporation (the “Borrower”), XZERES Energy Services Corp., a Nevada corporation, XZERES Wind Europe Limited., a corporation organized under the laws of the Republic of Ireland, and any and all Additional Grantors who may become party to this Agreement (the Borrower, such other named entities, and such Additional Grantors are hereinafter referred to each as a “Grantor” and collectively as the “Grantors”), and HANOVER HOLDINGS I, LLC (the “Secured Party”) as Lender under the Revolving Credit Agreement of even date herewith (as same may be amended, modified, supplemented and/or restated from time to time, the “Loan Agreement”) by and between the Borrower and the Secured Party.

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COLLATERAL AGREEMENT
Collateral Agreement • August 9th, 2012 • XZERES Corp. • Engines & turbines • New York

COLLATERAL AGREEMENT, dated as of August 1, 2012, by and among XZERES CORP., a Nevada corporation (the “Borrower”), and any and all Additional Grantors who may become party to this Agreement (the Borrower, such other named entities, and such Additional Grantors are hereinafter referred to each as a “Grantor” and collectively as the “Grantors”), and HANOVER HOLDINGS I, LLC (the “Secured Party”) as Lender under the Revolving Credit Agreement of even date herewith (as same may be amended, modified, supplemented and/or restated from time to time, the “Loan Agreement”) by and between the Borrower and the Secured Party.

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