Payment and Security Agreement Sample Contracts

EX-10.12 7 g05278a3exv10w12.htm EX-10.12 LOAN GUARANTEE WITH WILLIAM P. MURPHY JR., M.D.
Payment and Security Agreement • May 5th, 2020 • Florida

EXHIBIT 10.12 Loan Agreement No: Guarantor Name:WILLIAM P. MURPHY JR., M.D. Amount of Pledged Collateral: $750,000 LOAN GUARANTEE, PAYMENT AND SECURITY AGREEMENT This Agreement (the “Agreement”) is made as of June 1, 2007 (the “Effective Date”), by and between BIOHEART, INC., a Florida corporation (the “Company”), and WILLIAM P. MURPHY, JR. M.D., an individual (the “Guarantor”). WITNESSETH: WHEREAS, the Company expects to obtain a term loan (the “Loan”), in the principal amount of $5,000,000, from Bank of America, N.A. (the “Bank”) pursuant to a certain loan agreement between the Company and the Bank (the “Loan Agreement”) and related promissory note (the “Note”); WHEREAS, as a condition precedent to the Bank’s making the Loan and as security for the Company’s obligations relating thereto, the Guarantor will pledge and assign to the Bank (the “Pledge”) and grant to the Bank a first-priority security interest in, a $750,000 (the “Collateral Amount”) letter of credit with the Bank (the “

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LOAN GUARANTEE, PAYMENT AND SECURITY AGREEMENT
Payment and Security Agreement • October 1st, 2007 • Bioheart, Inc. • Services-commercial physical & biological research • Florida

This Agreement (the “Agreement”) is made as of September 12, 2007 (the “Effective Date”), by and between BIOHEART, INC., a Florida corporation (the “Company”), and Samuel S. Ahn, M.D., an individual (the “Guarantor”).

SECOND AMENDMENT TO LOAN GUARANTEE, PAYMENT AND SECURITY AGREEMENT
Payment and Security Agreement • October 11th, 2007 • Bioheart, Inc. • Services-commercial physical & biological research

This Second Amendment (the “Amendment”) is made as of October 10, 2007, by and between BIOHEART, INC., a Florida corporation (the “Company”), and Howard and Brenda Leonhardt (the “Guarantor”).

WITNESSETH:
Payment and Security Agreement • February 3rd, 1998 • Ladish Co Inc • Metal forgings & stampings • Wisconsin
EX-10.29 2 g05278p1exv10w29.htm EX-10.29 LOAN GUARANTEE, PAYMENT AND SECURITY AGREEMENT
Payment and Security Agreement • May 5th, 2020 • Florida

EXHIBIT 10.29 Loan Agreement No: Guarantor Name: HOWARD AND BRENDA LEONHARDT Guarantee Amount: $2,200,000.00 LOAN GUARANTEE, PAYMENT AND SECURITY AGREEMENT This Agreement (the “Agreement”) is made as of October 10, 2007 (the “Effective Date”), by and between BIOHEART, INC., a Florida corporation (the “Company”), and Howard and Brenda Leonhardt (the “Guarantor”). WITNESSETH: WHEREAS, on June 1, 2007, the Company obtained a term loan (the “Loan”), in the principal amount of $5,000,000, from Bank of America, N.A. (the “Bank”) pursuant to a certain loan agreement between the Company and the Bank (the “Loan Agreement”) and related promissory note (the “Note”); WHEREAS, as security for the Company’s obligations relating to the Loan, the Guarantor (i) will pledge and assign to the Bank (the “Pledge”) and grant to the Bank a first-priority security interest in, a investment management account with the Bank having assets of at least $2,200,000 in value deposited in such account (the “Collateral

SECOND AMENDMENT TO LOAN GUARANTEE, PAYMENT AND SECURITY AGREEMENT
Payment and Security Agreement • October 11th, 2007 • Bioheart, Inc. • Services-commercial physical & biological research

This Second Amendment (the “Amendment”) is made as of October 10, 2007, by and between BIOHEART, INC., a Florida corporation (the “Company”), and WILLIAM P. MURPHY, JR. M.D., an individual (the “Guarantor”).

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