Loan Agreement and Security Agreement Sample Contracts

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LOAN AGREEMENT AND SECURITY AGREEMENT
Loan Agreement and Security Agreement • July 1st, 2008 • Action Products International Inc • Games, toys & children's vehicles (no dolls & bicycles)

The undersigned debtor (hereinafter referred to as “Borrower”), for good and valuable consideration, and to induce Presidential Financial Corporation (hereinafter referred to as “Lender”) to accept this agreement (“Agreement”) and to make the loans and advances described hereunder, hereby agrees as follows:

LOAN AGREEMENT AND SECURITY AGREEMENT
Loan Agreement and Security Agreement • November 3rd, 2016 • Bollente Companies Inc. • Household appliances • Arizona

THIS LOAN AGREEMENT AND SECURITY AGREEMENT (“Loan Agreement”) is made as of the 2nd day of August, 2016, by Bollente Companies Inc., a Nevada corporation (“Borrower”), as borrower, and Built-Right Holdings, LLC, an Arizona limited liability company ("Lender"), as lender.

RECITALS:
Loan Agreement and Security Agreement • June 30th, 1999 • Elmers Restaurants Inc • Retail-eating places
GREENWOOD FINANCIAL INC. FIRST AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT LOAN AGREEMENT AND FIRST AMENDMENT TO SECURITY AGREEMENT
Loan Agreement and Security Agreement • February 12th, 2009 • Orleans Homebuilders Inc • Operative builders

This FIRST AMENDMENT TO SECOND AMENDED AND RESTATED REVOLVING CREDIT LOAN AGREEMENT AND FIRST AMENDMENT TO SECURITY AGREEMENT (this “Amendment”) is dated as of February 11, 2009 and entered into by and among GREENWOOD FINANCIAL INC., a Delaware corporation (“Master Borrower”), the entities identified on Schedule A attached hereto (together with the Master Borrower, the “Borrowers”), Orleans Homebuilders, Inc. (the “Guarantor”, and together with the Borrowers, the “Obligors”), the financial institutions listed on the signature pages hereof (“Lenders”) and WACHOVIA BANK, NATIONAL ASSOCIATION, as administrative agent for Lenders (“Agent”), and is made with reference to (i) that certain Second Amended and Restated Revolving Credit Loan Agreement dated as of September 30, 2008 (as amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”), by and among Obligors, Lenders and Agent and (ii) that certain Security Agreement dated as of September 30, 2008 (as

AMENDMENT NO.1 TO LOAN AGREEMENT AND SECURITY AGREEMENT
Loan Agreement and Security Agreement • February 25th, 2005 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores

This Amendment No.1 is made as of December 23, 2004, by and between MEDALLION CAPITAL, INC., a Minnesota corporation, a Licensee under the Small Business Investment Act of 1958 ("Lender"), and APPLIANCE RECYCLING CENTERS OF AMERICA, INC., a Minnesota corporation (the "Company"), to amend that certain Loan Agreement, dated September 10, 1998, by and between the Lender and the Company (which Loan Agreement, as so amended from time to time is referred to herein as the "Loan Agreement"), and that certain Security Agreement, dated September 10, 1998, by the Company in favor of the Lender issued in connection with the Loan Agreement (which Security Agreement, as so amended from time to time is referred to herein as the "Security Agreement").

FIRST AMENDMENT TO REVOLVING LINE OF CREDIT LOAN AGREEMENT, CONTRACT LINE OF CREDIT LOAN AGREEMENT AND SECURITY AGREEMENT
Loan Agreement and Security Agreement • July 12th, 2005 • Spectrum Sciences & Software Holdings Inc • Services-facilities support management services • Virginia

THIS FIRST AMENDMENT TO REVOLVING LINE OF CREDIT LOAN AGREEMENT, CONTRACT LINE OF CREDIT LOAN AGREEMENT AND SECURITY AGREEMENT (“First Amendment”) is made effective as of June 30, 2005, by and among Horne Engineering Services, LLC, a Virginia limited liability company (“HES LLC”), successor by merger to Horne Engineering Services, Inc., a Virginia corporation, having an address at 3130 Fairview Park Drive, Suite 400, Falls Church, Virginia 22042, Darryl K. Horne and Charlene M. Horne (each a “Guarantor” and collectively the “Guarantors”), and Bank of America, N.A., a national banking association (the “Lender”).

LOAN AGREEMENT AND SECURITY AGREEMENT
Loan Agreement and Security Agreement • April 19th, 2007 • Advanced Growing Systems, Inc. • Georgia

The undersigned debtor (hereinafter referred to as “Borrower”), for good and valuable consideration, and to induce Presidential Financial Corporation (hereinafter referred to as “Lender”) to accept this agreement (“Agreement”) and to make the loans and advances described hereunder, hereby agrees as follows:

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