Common Contracts

2 similar Account Pledge Agreement contracts by Essential Therapeutics Inc

Contract
Account Pledge Agreement • May 5th, 2020 • Massachusetts

EX-10.2 4 dex102.htm ACCOUNT PLEDGE AGREEMENT Exhibit 10.2 ACCOUNT PLEDGE AGREEMENT ACCOUNT PLEDGE AGREEMENT (“this Agreement”) dated as of September 25, 2002 between Essential Therapeutics, Inc., a Delaware corporation (the “Pledgor”) and Fleet National Bank (the “Pledgee”). 1. BACKGROUND. The Pledgee has established a term loan facility for the Pledgor pursuant to which the Pledgee may make loans (“Term Loans”) to the Pledgor in an aggregate principal amount up to $2,000,000. The Term Loans are to be made pursuant to a letter agreement of even date herewith (the “Letter Agreement”). The Pledgor has agreed in the Letter Agreement to cash-collateralize the Term Loans. This Agreement is delivered pursuant to the Letter Agreement. 2. SECURITY. As security for the below-defined Secured Obligations, the Pledgor hereby transfers, pledges and assigns to the Pledgee, and hereby grants a security interest to the Pledgee in, all of the Collateral (as hereinafter defined) and all proceeds thereo

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ACCOUNT PLEDGE AGREEMENT
Account Pledge Agreement • November 14th, 2002 • Essential Therapeutics Inc • Pharmaceutical preparations • Massachusetts

ACCOUNT PLEDGE AGREEMENT (“this Agreement”) dated as of September 25, 2002 between Essential Therapeutics, Inc., a Delaware corporation (the “Pledgor”) and Fleet National Bank (the “Pledgee”).

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