Common Contracts
2 similar null contracts by Optical Cable Corp
TERM LOAN A NOTEOptical Cable Corp • May 3rd, 2016 • Drawing & insulating of nonferrous wire • Virginia
FOR VALUE RECEIVED, OPTICAL CABLE CORPORATION, a Virginia corporation (the “Borrower”), hereby promises to pay to the order of BANK OF NORTH CAROLINA, a North Carolina banking corporation (the “Lender”), at the times and in the manner hereinafter set forth, the principal sum of ONE MILLION, EIGHT HUNDRED SIXTEEN THOUSAND, SIX HUNDRED NINE AND 03/100 DOLLARS ($1,816,609.03), together with accrued interest, at the rate or rates hereinafter set forth, on the unpaid principal balance hereof from time to time, from the date of this Note through and including the date the entire unpaid principal balance hereof has been indefeasibly paid in full.
TERM LOAN B NOTEOptical Cable Corp • May 3rd, 2016 • Drawing & insulating of nonferrous wire • Virginia
FOR VALUE RECEIVED, OPTICAL CABLE CORPORATION, a Virginia corporation (the “Borrower”), hereby promises to pay to the order of BANK OF NORTH CAROLINA, a North Carolina banking corporation (the “Lender”), at the times and in the manner hereinafter set forth, the principal sum of FIVE MILLION, TWO HUNDRED SEVENTY-ONE THOUSAND, FOUR HUNDRED TEN AND 83/100 DOLLARS ($5,271,410.83), together with accrued interest, at the rate or rates hereinafter set forth, on the unpaid principal balance hereof from time to time, from the date of this Note through and including the date the entire unpaid principal balance hereof has been indefeasibly paid in full.
