LOAN AGREEMENT by AMERICAN LOCKER GROUP INCORPORATED, SECURITY MANUFACTURING CORPORATION, and AMERICAN LOCKER SECURITY SYSTEMS, INC. and TRIUMPH SAVINGS BANK, SSB, D/B/A TRIUMPH COMMERCIAL FINANCE $2,800,000 Revolving Credit Facility and $1,200,000...Loan Agreement • October 4th, 2013 • American Locker Group Inc • Partitions, shelvg, lockers, & office & store fixtures • Texas
THIS LOAN AGREEMENT is made and entered into as of September 30, 2013, by AMERICAN LOCKER GROUP INCORPORATED, a Delaware corporation (“American Locker”), SECURITY MANUFACTURING CORPORATION, a Delaware corporation (“Security”), AMERICAN LOCKER SECURITY SYSTEMS, INC., a Delaware corporation (“ALS” and together with American Locker and Security, each, a “Borrower” and jointly and severally, “Borrowers”), and TRIUMPH SAVINGS BANK, SSB, D/B/A TRIUMPH COMMERCIAL FINANCE, with offices at 3 Park Central, Suite 1700, 12700 Park Central Drive, Dallas, Texas 75251 (together with its successors and assigns, “Lender”);
