SMALL BUSINESS AND CREDIT AGREEMENT GUARENTEE
Transit Branch Date CIBC Reference Number
07029 Sunridge Corner May 29, 2006 770038555
Calagry Xxxx, X0X0X0
Customers Legal Name
Cal Alta Auto glass, Ltd.
We, Canadian Imperial bank of Commerce ("CIBC") offer you, subject to +
the terms of this CIBC Small Business Credit Agreement and
Guarantee, the following credit facilities( each, a "Credit") payable on
demand, inclusive of all existing credit facilities.
Small Business Overdraft/Line of Credit Credit A1 Credit A2
Type Line of Credit
Credit Limit 65,000,000 CAD
Account Number 07029/22-03014
Interest rate Prime Rate plus
2.000% per year
Loan Administration fee $50.00 per month
Small Business Loan Credit B
Original Amount
Current Balance
Interest Rate
Scheduled Payments*
Amount of each payment
Payment frequency
First/next payment
Final Payment Date
* Until demand, you agree to pay CIBC the Scheduled Payments for each
Small Business Loan, and on the Final Payment Date for each Small Business
Loan to pay any outstanding principal and interest and any amount remaining due
Additional Credits
NONE
Additional terms on the reserves of this page and the terms and conditions
in the CIBC Small business Credit Terms and Conditions booklet form part
of this offer.
Security Required
The Key Principal and any Principals indicated below as Guarantors must sign
the Guarantee Section of this Agreement.
Before making any credit available, CIBC will also require, in addition to any
security presently held, in the following security:
NONE
Other Information Offer effective Date Offer Expiry date
April 01, 2005 May 02, 2005
Setup Fee Annual Review Fee Amendment Fee
NA 100.00 NA
CIBC's Offer
We are please to offer you these credits. Please indicate your acceptance
by returning a signed copy of this offer to CIBC at the
address shown above before the offer expiry date.
/S/ Stanusseman Stanusseman May 23, 2005
Signature of the Officer Name of the Bank Officer Date
04/03
Version provided
Customer Acceptance
The Customer accepts the offer above and agrees with CBIC, as the Offer
effective Date, to the terms of this CBIC Small Business
Credit Agreement and Guarantee. Each person who signs of the customers
behalf below, acknowledge, personally and on the behalf of
the customer having received the CIBC's Small Business Credit Terms and
Conditional booklet.
/S/ Xxxxx Xxxxxx Xxxxx Xxxxxx May 23, 2005
signature name date
Pesonal Guarantee(s) terms on the reverse part of this guarantee
The Key Principal and any Principals signing below each acknowledge having
received the CIBC Small Business Credit Terms and
Condition Booklet and agree to guarantee, in accordance with the term
of this CIBS Small Business Credit Agreement and Guarantee.
The obligations of the customer to CIBC, the liability of the customer
and the Guarantor(s) shall be joint and several.
/S/ Xxxxx Xxxxxx May 23, 2005
Signature Xxxxx Xxxxxx Date
