Common Contracts

BUSINESS LOAN AGREEMENT

Security Agreement • November 6th, 2014 • AMERICAN POWER GROUP Corp • Engines & turbines • Iowa

• Contract Type
  Security Agreement
• Filed
  November 6th, 2014
• Company
  AMERICAN POWER GROUP Corp
• Industry
  Engines & turbines
• Jurisdiction
  Iowa

THIS BUSINESS LOAN AGREEMENT dated October 27, 2014, is made and executed between American Power Group, Inc. ("Borrower") and Iowa State Bank ("Lender") on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower's representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender's sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.

CHANGE IN TERMS AGREEMENT

Security Agreement • May 2nd, 2012 • Greenman Technologies Inc • Plastics products, nec

• Contract Type
  Security Agreement
• Filed
  May 2nd, 2012
• Company
  Greenman Technologies Inc
• Industry
  Plastics products, nec

THIS BUSINESS LOAN AGREEMENT dated April 25, 2012, Is made and executed between American Power Group, Inc. ("Borrower") and Iowa State Bank ("Lender") on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) In granting, renewing, or extending any Loan, Lender Is relying upon Borrower's representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender's sole judgment and discretion: and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.