ADDITIONAL LOAN TERMS. The BORROWER and LENDER, hereby further set forth their rights and obligations to one another under this Loan Agreement and Promissory Note and agree to be legal bound as follows:
ADDITIONAL LOAN TERMS. The Parties hereby further set forth their rights and obligations to one another under this Loan Agreement and agree to be legally bound as follows:
ADDITIONAL LOAN TERMS. Subject to the company’s approval
ADDITIONAL LOAN TERMS. The BORROWER and LENDER, hereby further set forth their rights and obligations to one another under this Agreement and agree to be legal bound as follows:
ADDITIONAL LOAN TERMS. Borrower shall pay NCDF’s attorneys fees and costs of Three Thousand Five Hundred and No/100 Dollars ($3,500.00) to be paid by Borrower at Closing.
ADDITIONAL LOAN TERMS. (a) Lender agrees to subordinate up to $375,000 in the aggregate of its interest under the Security Agreement to the extent Borrower enters into any incentive, low-cost financing with any one or more of the following entities: the State of Wisconsin, Dane County, City of Madison, or Madison Gas & Electric (each is a "Superior Lender") to the extent any Superior Lender requests such a subordination. Lender agrees that upon the request of Borrower, Lender will execute any and all documentation requested by any Superior Lender to subordinate Lender's interest, to the extent provided in this paragraph, under the Security Agreement. The Lender further agrees to enter into good faith negotiations with respect to subordination of any additional amounts and to other sources of financing for Borrower.
(b) In addition to any other consideration paid to Lender under this Note, Borrower agrees to issue a stock warrant to Lender in the form attached hereto as Exhibit A. The stock warrant is severable and may be assigned or otherwise transferred, in whole or in part, separately from this Note and the indebtedness evidenced hereby. Exercise of the warrant, in whole or in part, may be accomplished by delivery of this Note marked "Paid" to the extent paid for such exercise. BORROWER: OPHIDIAN PHARMACEUTICALS, INC. BY: /s/ Dougxxx X. Xxxxxxxx ----------------------------------- Dougxxx X. Xxxxxxxx, Xxesident Attest: /s/ Donaxx X. Xxxxxx ----------------------------------- Donaxx X. Xxxxxx, Xxce President LENDER: /s/ Rex X. Xxxxx -------------------------------------------- Rex X. Xxxxx 18 GENERAL BUSINESS SECURITY AGREEMENT
1. SECURITY INTEREST.
ADDITIONAL LOAN TERMS. Intending to be legally bound and as additional terms and conditions of the Promissory Note, the BORROWER and LENDER further agree to the following terms and conditions:
ADDITIONAL LOAN TERMS. Section 4 (Security Agreement) of the Personal Line of Credit Loan Agreement & Disclosures is deleted and will not apply to your line of credit if you are an active duty armed forces member or dependent as described above.
ADDITIONAL LOAN TERMS. The Borrower and Lender, hereby further set forth their rights and obligations to one another under this Agreement and agree to be legal bound as follows:
ADDITIONAL LOAN TERMS. The Borrower and TransparentBusiness hereby further set forth their rights and obligations to one another under this Loan Agreement and Promissory Note and agree to be legal bound as follows:
