Documentation Evidencing and Securing Drawdown No. 1 4.1 The parties shall enter into a Commercial Promissory Note for Drawdown No. 1 simultaneously with the signing of this Annex No. 1, and the executed Commercial Promissory Note shall constitute Exhibit No. 4 to this Annex No. 1. 4.2 The parties shall enter into a Security Agreement for Drawdown No. 1 simultaneously with the signing of this Annex No. 1 and the executed Security Agreement shall constitute Exhibit No. 5 to this Annex No. 1. The executed Security Agreement shall secure all amounts of the New Loan paid out.
Appears in 3 contracts
Samples: Loan Agreement (AmeriCann, Inc.), Loan Agreement (AmeriCann, Inc.), Loan Agreement (AmeriCann, Inc.)
Documentation Evidencing and Securing Drawdown No. 1
4.1 The parties shall enter into a Commercial Promissory Note for Drawdown No. 1 simultaneously with the signing of this Annex No. 1, and the executed Commercial Promissory Note shall constitute Exhibit No. 4 to this Annex No. 1.
4.2 The parties shall enter into a Security Agreement for Drawdown No. 1 simultaneously with the signing of this Annex No. 1 and the executed Security Agreement shall constitute Exhibit No. 5 to this Annex No.
1. The executed Security Agreement shall secure all amounts of the New Loan paid out.
Appears in 1 contract
Samples: Loan Agreement (Americann, Inc.)
