FACTORING AND INVENTORY ADVANCES AND SECURITY AGREEMENTFactoring and Inventory • February 10th, 2009 • Meade Instruments Corp • Optical instruments & lenses • California
WHEREAS, Client has requested and Factor has agreed to purchase certain of Client’s Accounts, provide Account Advances against such Accounts, provide an Inventory Advance against Inventory, guaranty Letters of Credit, and provide certain services;
LOAN AND SECURITY AGREEMENT – FACTOR SUB ACCOUNTSLoan and Security Agreement • February 10th, 2009 • Meade Instruments Corp • Optical instruments & lenses • California
Borrower and FCC, LLC, a Florida limited liability company doing business as First Capital Western Region, LLC (“Lender”), hereby agree to the terms and conditions set forth in this Loan and Security Agreement - Factor Sub Accounts (“Agreement”).
FACTORING AND SECURITY AGREEMENT FACTOR SUB ACCOUNTSFactoring and Security Agreement • February 10th, 2009 • Meade Instruments Corp • Optical instruments & lenses • California
Client and FCC Factor Subsidiary II, LLC, a Delaware limited liability company (“Factor Sub”), hereby agree to the terms and conditions set forth in this Factoring Agreement.
