Certain Security Agreement Sample Contracts

SUBORDINATED SECURED PROMISSORY NOTE

Certain Security Agreement • August 4th, 2005 • Cygne Designs Inc • Women's, misses', and juniors outerwear • California

• Contract Type
  Certain Security Agreement
• Filed
  August 4th, 2005
• Company
  Cygne Designs Inc
• Industry
  Women's, misses', and juniors outerwear
• Jurisdiction
  California

FOR VALUE RECEIVED, the undersigned, Cygne Designs, Inc., a Delaware corporation (the “Borrower”), HEREBY UNCONDITIONALLY PROMISES TO PAY to the order of Commerce Clothing Company LLC, a California limited liability company (“Noteholder”), the original principal amount of FORTY SEVEN MILLION FIVE HUNDRED THOUSAND 00/100 DOLLARS ($47,500,000.00), together with interest thereon, in accordance with the terms and provisions hereof.