0001188112-12-003683 Sample Contracts

Security Agreement (Comprehensive)
Security Agreement • December 31st, 2012 • Universal Power Group Inc. • Wholesale-electrical apparatus & equipment, wiring supplies • Texas

As of December 20, 2012, for value received, the undersigned (“Debtor”) pledges, assigns and grants to Comerica Bank (“Bank”), whose address is P. O. Box 650282, Dallas, Texas 75265-0282, Attention: Commercial Lending Services, Mail Code 6514, a continuing security interest and lien (any pledge, assignment, security interest or other lien arising hereunder is sometimes referred to herein as a “security interest”) in the Collateral (as defined below) to secure payment when due, whether by stated maturity, demand, acceleration or otherwise, of all existing and future indebtedness (“Indebtedness”) to the Bank of UNIVERSAL POWER GROUP, INC. (“Borrower”) and/or Debtor. Indebtedness includes without limit any and all obligations or liabilities of the Borrower and/or Debtor to the Bank, whether absolute or contingent, direct or indirect, voluntary or involuntary, liquidated or unliquidated, joint or several, known or unknown, originally payable to the Bank or to a third party and subsequently

AutoNDA by SimpleDocs
CREDIT AGREEMENT
Credit Agreement • December 31st, 2012 • Universal Power Group Inc. • Wholesale-electrical apparatus & equipment, wiring supplies • Texas

THIS CREDIT AGREEMENT is made and delivered to be effective as of December 20, 2012, by and between UNIVERSAL POWER GROUP, INC., a Texas corporation (herein referred to with all successors, assigns and/or personal representatives as the “Borrower”), and COMERICA BANK (herein referred to with its successors and assigns as the “Bank”). For and in consideration of the mutual promises herein contained and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Borrower and Bank agree as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.