AMENDMENT NO. 1 TO NOTE AND SECURITY AGREEMENT DATED AUGUST 11, DELAWARE CORPORATION December 29, 2006Note and Security Agreement • January 8th, 2007 • Titan Global Holdings, Inc. • Communications equipment, nec
Reference is made to that certain Note and Security Agreement dated August 11, 2005, made by Oblio Telecom, Inc., a Delaware corporation (the "Borrower") in favor F&L LLP (the "Lender") in the original principal amount of Two Million Five Hundred Thousand Dollars ($2,500,000) (the “Original Note”), and that certain Note dated December 14, 2005, made by Borrower in favor the Lender in the original principal amount of Two Million Three Hundred Twenty Two Thousand Eight Hundred and Fifty Dollars ($2,322,850) (the “Second Note”, and together with the Original Note, the “Notes”).
CONTINUING AND UNCONDITIONAL GUARANTYContinuing and Unconditional Guaranty • January 8th, 2007 • Titan Global Holdings, Inc. • Communications equipment, nec • Texas
