Promissory Note and Security Agreement Sample Contracts
Exhibit 10.10 PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • March 23rd, 2010 • Ciralight Global, Inc. • California
EXHIBIT 10.4 PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • August 14th, 2002 • Summit Properties Inc • Real estate investment trusts • Maryland
EXHIBIT 10.11.18 PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • March 21st, 2002 • Summit Properties Inc • Real estate investment trusts • Maryland
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • November 1st, 2013 • Crown Alliance Capital LTD • Life insurance
For good and valuable consideration, Crown Alliance Capital Limited, a Nevada corporation with an address of 2985 Drew Road Suite 217, Mississauga, ON L4T OA4, Canada (“Maker”), hereby makes and delivers this Promissory Note and Security Agreement (this “Note”) in favor of The Cesana Family Corporation, a ____ Corporation, or its assigns (“Holder”), and hereby agree as follows:
PROMISSORY NOTEPromissory Note and Security Agreement • March 11th, 2009
LOAN AMOUNT: 1000.00 LOAN EFFECTIVE DATE: 01/03/2008 FIRST REPAYMENT DUE: 01/17/2008 LAST REPAYMENT DUE: 12/27/2012 REPAYMENT AMOUNT: $8.71 REPAYMENT FREQUENCY: BI-WEEKLY ANNUAL INTEREST RATE: 5.000 % LOAN NUMBER: 001
PROMISE TO PAY AND PAYMENT TERMS. This Promissory Note and Security Agreement ("Note") governs your loan with U.S. Bank N.A.Promissory Note and Security Agreement • February 19th, 2024 • Ohio
("LENDER"). By signing below, you agree to all terms and conditions of this Note and acknowledge receipt of these documents. BORROWER(S) means everyone who signs below as a borrower, jointly and severally. "You" and "your" refer to BORROWER(S) while "we," "us," and "our" refer to LENDER. THIS NOTE IS MADE AND ENTERED INTO IN OHIO, AND YOU AGREE THAT IT IS GOVERNED BY THE LAWS OF THE STATE OF
AMENDMENT NO. 3 TO PROMISSORY NOTE and SECURITY AGREEMENTPromissory Note and Security Agreement • May 12th, 2023 • Akerna Corp. • Services-computer processing & data preparation • Delaware
This AMENDMENT TO PROMISSORY NOTE and SECURITY AGREEMENT (this “Amendment”) is made and entered into as of December 29, 2021, by and among Sphere 3D Corp., an Ontario corporation (“Lender”), and Gryphon Digital Mining, Inc., a Delaware corporation (“Borrower”, and Lender and Borrower, each a “Party” and collectively the “Parties”).
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • July 25th, 2017
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • April 3rd, 2007 • VCG Holding Corp • Services-amusement & recreation services • Colorado
FOR VALUE RECEIVED, the undersigned, VCG HOLDING CORP., a Colorado corporation (“VCG”) a Colorado corporation, hereby promises to pay to the order of LOWRIE MANAGEMENT LLLP, a Colorado Limited Liability Limited Partnership (“Lowrie”), at 390 Union Blvd, Suite 540, Lakewood, Colorado 80228, or at such other place as Lowrie or any subsequent holder hereof (the “Holder”) may, from time to time, designate in writing, the principal sum of FOUR MILLION AND 00/100 DOLLARS ($4,000,000.00)
Exhibit 10.58 CELERITY SOLUTIONS, INC. July 13, 1999 Luc Ringuette 22581 Summerfield Mission Viejo, CA 92692 Dear Mr. Ringuette: Reference is made to a certain Non-Negotiable Promissory Note and Security Agreement in the original principal amount of...Promissory Note and Security Agreement • July 14th, 1999 • Celerity Solutions Inc • Services-prepackaged software
EXHIBIT 10.3 PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • May 14th, 2002 • Summit Properties Inc • Real estate investment trusts • Maryland
PROMISSORY NOTE AND SECURITY AGREEMENT DATED APRIL 30, 2008Promissory Note and Security Agreement • May 5th, 2008 • V2K International Inc • Miscellaneous furniture & fixtures • Colorado
FOR VALUE RECEIVED, V2K Window Fashions, Inc., a Colorado corporation (“Borrower”), hereby promises to pay to the order of Gordon E. Beckstead and Victor J. Yosha (the “Lenders”), at the address of Lenders set forth herein, the principal amount of FIFTY THOUSAND DOLLARS ($50,000), with TWENTY-FIVE THOUSAND DOLLARS ($25,000) payable to each Lender (the “Loan”), together with interest. This Promissory Note (“Note”) has been executed by Borrower on the date set forth above (the “Effective Date”).
EXHIBIT 10.2 ------------ AMENDMENT TO PROMISSORY NOTE AND SECURITY AGREEMENT --------------------------------------------------- 1. The Promissory Note dated April 21, 2004 and payable by Diamond One, Inc. to Robert Chramosta is amended such that the...Promissory Note and Security Agreement • September 3rd, 2004 • Diamond One Inc • Retail-jewelry stores
AMENDED AND RESTATED PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • September 30th, 2020 • Predictive Technology Group, Inc. • Pharmaceutical preparations • Delaware
This Note amends and restates in its entirety (i) that certain Promissory Note and Security Agreement dated July 21, 2020 (as the same has been amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the “Original July 21 Note”), made by Debtor in favor of the Holder in the original principal amount of Seven Hundred and Fifty Thousand and 00/100 Dollars ($750,000) and for which, as of September 25, 2020 (the “Restatement Effective Date”), the principal amount (excluding any unpaid interest not yet accreted to principal or paid in cash) outstanding is $770,750 immediately prior to being amended and restated hereby, and (ii) that certain Promissory Note and Security Agreement dated July 29, 2020 (as the same has been amended, restated, amended and restated, supplemented or otherwise modified prior to the date hereof, the “Original July 29 Note”, and together with the Original July 21 Note, the “Original Notes”), made by Debtor in favor of the
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • November 24th, 2015 • Nevada
FOR VALUE RECEIVED, the undersigned, Kunekt Corporation (the "Debtor") promises to pay to the order of Mark Bruk or his assigns (the "Secured Party"), at such place as Secured Party may designate in writing, in lawful money of the United States of America and in immediately available funds, up to the full principal amount of $450,000 with interest at the rate of the Fed (U.S.) Prime Rate as set forth by the Wall Street Journal on its Web site at http://www.wsjprimerate.us/.
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • February 28th, 2019 • Ambac Financial Group Inc • Surety insurance • New York
FOR VALUE RECEIVED, the undersigned, Ambac Assurance Corporation, a Wisconsin-domiciled insurance company (the “Ambac Note Issuer”), hereby promises to pay to Ambac LSNI, LLC, a Cayman Islands limited liability company (together with its successors or assigns, the “Holder”), Two Billion One Hundred Fifty-Four Million Three Hundred Fifty-One Thousand Three Hundred Seventy-Eight Dollars ($2,154,351,378.00), together with interest, as described below. Reference is made herein to that certain Indenture (the “Secured Notes Indenture”), dated as of the date hereof (the “Issue Date”), by and between the Holder, as issuer and The Bank of New York Mellon, as Trustee and Note Collateral Agent (the “Note Collateral Agent”); capitalized terms used herein but not otherwise defined shall have the meaning given to such terms in the Secured Notes Indenture on the Issue Date.
PROMISSORY NOTE AND SECURITY AGREEMENT $250,000 Las Vegas, Nevada June 30, 2011Promissory Note and Security Agreement • May 5th, 2020
For good and valuable consideration, Southern Products, Inc., a Nevada corporation, (“Maker”), hereby makes and delivers this Promissory Note and Security Agreement (this “Note”) in favor of CC Fund, LLC a Nevada Limited Liability Company, or its assigns (“Holder”), and hereby agrees as follows:
PROMISSORY NOTE AND SECURITY AGREEMENT - US (Exhibit A - US to the Asset Purchase Agreement)Promissory Note and Security Agreement • October 11th, 2011 • Galaxy Gaming, Inc. • Services-amusement & recreation services
For good and valuable consideration, Galaxy Gaming, Inc., a Nevada corporation, (“Maker”), hereby makes and delivers this Promissory Note and Security Agreement – US (this “Note”) in favor of Prime Table Games, LLC (“Holder”). The parties acknowledge that this Note and a companion promissory note of even date herewith and referenced as Promissory Note and Security Agreement – UK collectively represent Exhibit A of the Asset Purchase Agreement of even date herewith (collectively the “Notes”). The parties hereby agree as follows:
UNITED BANK WEST VIRGINIA’S BANKPromissory Note and Security Agreement • January 3rd, 2007 • Champion Industries Inc • Commercial printing • West Virginia
DATE AND PARTIES. The date of this Promissory Note and Security Agreement {Loan Agreement) is October 26, 2004. The parties and their addresses are:
Promissory Note And Security AgreementPromissory Note and Security Agreement • July 24th, 2023 • Integral Technologies Inc • Electronic components, nec
The undersigned maker ( “Maker”) promises to pay to the order of ___________, a Delaware limited liability company (the “Lender) the principal sum of U.S. $__________, together with interest accruing thereon from the date hereof at the rate and time hereinafter provided.
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • May 12th, 2000 • Mountain States Capital Inc • Arizona
Promisory Note and Security AgreementPromissory Note and Security Agreement • September 18th, 1998 • Weststar Environmental Inc • Refuse systems
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • March 4th, 2010 • Kore Nutrition, Inc. • Food and kindred products
For good and valuable consideration, GO ALL IN, INC., a Nevada corporation, (“Maker”), hereby makes and delivers this Promissory Note and Security Agreement (this “Note”) in favor of KORE NUTRITION INCORPORATED a Nevada corporation (“Holder”), and hereby agree as follows:
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • October 18th, 2017 • Groundfloor Finance Inc. • Real estate • Georgia
For value received, Groundfloor Finance Inc., a Georgia corporation (the “Company”), promises to pay to ISB Development Corp. or its assigns (the “Holder”), the principal sum of One Million Dollars ($1,000,000) together with accrued but unpaid interest thereon, each due and payable on the date and in the manner set forth below.
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • April 18th, 2019 • Crednology Holding Corp • Services-prepackaged software • California
FOR VALUE RECEIVED, the undersigned, (“Maker”), promises to pay to (“Lender”),Orie Rechtman), with interest at Seven and One Half Percent (7.5%) per annum payable on the 1st day of each month commencing on November 1, 2018 and continuing for 48 months through October 31, 2022 on which date all remaining sums outstanding under this Promissory Note shall be due and payable.
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • January 5th, 2007 • VCG Holding Corp • Services-amusement & recreation services • Colorado
FOR VALUE RECEIVED, the undersigned, VCG HOLDING CORP., a Colorado corporation (“VCG”) a Colorado corporation, hereby promises to pay to the order of LOWRIE MANAGEMENT LLLP, a Colorado Limited Liability Limited Partnership (“Lowrie”), at 390 Union Blvd, Suite 540, Lakewood, Colorado 80228, or at such other place as Lowrie or any subsequent holder hereof (the “Holder”) may, from time to time, designate in writing, the principal sum of FIVE AND A HALF MILLION AND 00/100 DOLLARS ($5,500,000.00).
PROMISSORY NOTE AND SECURITY AGREEMENT AMENDMENTPromissory Note and Security Agreement • April 27th, 2021 • British Columbia
FOR VALUE RECEIVED, Aduro Energy Inc., an Ontario company having a business office at Suite 104, 1086 Modeland Road, Sarnia, Ontario Canada N7S 6L2 (the “Borrower”) unconditionally promises to pay on Maturity to the order of Dimension Five Technologies Inc., an British Columbia corporation with an address at Suite 1450 – 789 West Pender Street, Vancouver, British Columbia V6C 1H2 (the “Lender”) at Vancouver, British Columbia, or such other place as directed by the Lender to the Borrower in writing, the principal sum of two hundred fifty thousand dollars ($250,000.00) in lawful money of Canada (the “Loan”) together with all other amounts payable as set out in this Note including interest computed on the basis of a 365 day year on the principal sum of the Loan at the Interest Rate, calculated semi‐ annually, not in advance, as well after as before maturity, default and judgment and on overdue interest, as follows.
EXHIBIT 10.1 PROMISSORY NOTE AND SECURITY AGREEMENT $1,500,000.00 Maturity Date: earlier to occur of: (i) February 20, 2001; or (ii) Equipment Loan Closing Detroit, Michigan Date of Note: August 21, 2000 INDEBTEDNESS FOR VALUE RECEIVED, the...Promissory Note and Security Agreement • November 15th, 2000 • Big Buck Brewery & Steakhouse Inc • Retail-eating & drinking places • Michigan
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • May 5th, 2020
Please read this Agreement carefully. In this Agreement the words “you” and “your” mean any person signing this Agreement. Any reference to LeadAR means the University of Arkansas Agricultural and Rural Leadership Program. This Agreement needs to be completed by all participants, including those who make one payment for the total amount. Make checks payable to UA Cooperative Extension Service.
FIRST AMENDMENT TO PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • May 13th, 2010 • Opexa Therapeutics, Inc. • Pharmaceutical preparations
THIS FIRST AMENDMENT TO PROMISSORY NOTE AND SECURITY AGREEMENT (“Agreement”), is effective as of June 19, 2009 (this “Agreement”), between Opexa Therapeutics, Inc., a Texas corporation (the “Company”), and the Investors on the signature pages hereto, and their respective successors and assigns (the “Investors”).
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • May 26th, 2010 • Bluegate Corp • Services-business services, nec • Texas
This note possesses a revolving or draw feature. Debtor shall be entitled to borrow up to the full principal amount of the note from time to time during the term of the note. It is agreed by the Debtor that in accordance with this note, as of May 1, 2010, the Secured Party has advanced the aggregate amount of approximately $1,200,000.00. Principal and interest due hereunder shall be payable on demand. Interest payments are due through October 31, 2009. Interest payments for the period from November 1, 2009 through January 31, 2010 have been eliminated. Effective February 1, 2010 interest payments resumed at the rate of 15% per annum.
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • August 11th, 2008 • VCG Holding Corp • Services-amusement & recreation services • Colorado
THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS. THIS NOTE IS ALSO SUBJECT TO ADDITIONAL RESTRICTIONS ON TRANSFER AND OTHER PROVISIONS AS SET FORTH HEREIN.Promissory Note and Security Agreement • May 24th, 2012 • Vuzix Corp • Computer peripheral equipment, nec • New York
For value received, and on the terms and subject to the conditions set forth herein, VUZIX CORPORATION, a Delaware corporation (the “Borrower”), hereby promises to pay LC CAPITAL MASTER FUND, LTD., a Cayman Islands corporation (the “Lender”), on the Termination Date (as hereinafter defined) the principal sum of Five Hundred Thousand Dollars ($500,000) (the “Loan”) or, if less, the aggregate unpaid principal amount of the Advances from time to time outstanding made available by the Lender to the Borrower pursuant to this promissory note and security agreement (this “Note”). The Borrower hereby promises to pay interest on the unpaid principal amount of the Loan on the dates and at the rates provided for in this Note.
ContractPromissory Note and Security Agreement • December 31st, 2003 • Net Perceptions Inc • Services-prepackaged software
In December 2000, Thomas M. Donnelly, our Chief Operating Officer, Chief Financial Officer and Secretary, entered into a full recourse secured promissory note and security agreement in favor of the Company in connection with a loan from the Company to Mr. Donnelly of up to $300,000 to be made to Mr. Donnelly solely to pay federal income tax owed by Mr. Donnelly as a result of his exercise in March 2000 of an option to purchase shares of Common Stock. In April 2001, $258,000 was loaned to Mr. Donnelly pursuant to the promissory note. The note accrues interest at 8% and is due and payable in 2004. On April 1st of each year, commencing in 2002, that Mr. Donnelly remains continuously employed by the Company, one-third of the original principal and accrued interest is forgiven. If Mr. Donnelly’s employment with the Company is involuntarily terminated (other than termination for cause by the Company) or there is a change in control of the Company, all of the principal and accrued interest ou
PROMISSORY NOTE AND SECURITY AGREEMENTPromissory Note and Security Agreement • April 30th, 2008 • Diligent Board Member Services, Inc. • Delaware
FOR VALUE RECEIVED, DILIGENT BOARD MEMBER SERVICES, LLC, a Delaware limited liability company (“Maker”), promises to pay to the order of Diligent Board Member Services, Inc., a Delaware corporation or its successors and assigns (“Holder”), the principal sum of the total of all advances from Holder to Maker on or after October 1, 2007, in an amount not exceeding six million, eight hundred thousand and 00/100 DOLLARS (US$6,800,000.00), together with interest at the rate specified in this Note on the principal amount remaining unpaid hereunder from time to time from the date hereof (the “Note Date”) until payment in full.