Common Contracts

2 similar Loan Agreement contracts by Panda Ethanol, Inc.

AMENDED AND RESTATED LOAN AGREEMENT
Loan Agreement • August 19th, 2008 • Panda Ethanol, Inc. • Industrial organic chemicals • Texas

This Amended and Restated Loan Agreement (this “Agreement”), dated July 29, 2008, is entered into by and between Panda Ethanol, Inc. (“Borrower”), a corporation duly organized, existing and in good standing under the laws of the State of Nevada, and Panda Energy International, Inc. (“Lender”).

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LOAN AGREEMENT Date: November 9, 2007
Loan Agreement • November 15th, 2007 • Panda Ethanol, Inc. • Industrial organic chemicals • Texas

The undersigned, Panda Ethanol, Inc. (“Borrower”), a corporation duly organized, existing and in good standing under the laws of the State of Nevada, has requested that Panda Energy International, Inc. (“Lender”) lend to Borrower a term loan in the aggregate maximum amount not to exceed $1,000,000 (the “Loan”), for the purposes set forth in Section 5(m) below. Lender has advised Borrower that Lender is willing to lend such funds to Borrower upon the terms and subject to the conditions set forth in this Loan Agreement (the “Agreement”). In consideration for the above premises and the mutual promises and covenants herein contained, Borrower and Lender do hereby agree as follows:

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