0001157523-03-001060 Sample Contracts

AutoNDA by SimpleDocs
Exhibit 23.0 REVOLVING LINE OF CREDIT SECURED PROMISSORY NOTE Pursuant to Secured Loan Agreement October 15, 2002 For value received, the undersigned, ACCESSPOINT CORPORATION, a Nevada corporation ("APC"), and PROCESSING SOURCE INTERNATIONAL, INC., a...
Accesspoint Corp /Nv/ • April 16th, 2003 • Blank checks

This Note shall represent a revolving credit facility against which Maker may, subject to the terms, conditions and provisions herein set forth and set forth in that certain Secured Loan Agreement of even date herewith by and among Maker, as Borrower, and Holder, as Lender (the "Secured Loan Agreement"), from time to time, make credit extension advances not to exceed the cumulative total principal sum of One Hundred Thousand Dollars ($100,000.00) in lawful money of the United States of America at any given time, repay all or part of the same and make additional credit extension advances and draw additional credits not to exceed the face amount hereof at any given time, and thereafter repay the principal and interest outstanding hereunder on the twelfth day of each month up to and including October 12, 2003, at which time the full amount of principal and interest shall be due; provided, however, that, at Holder's option, payment of principal and accrued unpaid interest shall be immediat

RECITALS:
Master Support Services Agreement • April 16th, 2003 • Accesspoint Corp /Nv/ • Blank checks • California
Time is Money Join Law Insider Premium to draft better contracts faster.