Common Contracts
2 similar Master Credit and Security Agreement contracts by Franklin Credit Management Corp/De/
MASTER CREDIT AND SECURITY AGREEMENT among BOS (USA) INC. and TRIBECA LENDING CORP. and THOSE SUBSIDIARIES LISTED ON THE SIGNATURE PAGE HERETO Dated as of March 24, 2006Master Credit and Security Agreement • April 25th, 2006 • Franklin Credit Management Corp/De/ • Finance services • New York
This Note shall be for a term of Thirty Six (36) months. Beginning __________________, 2006, and on the first day of each month thereafter, there shall be due and payable equal monthly principal and interests payments of ___________________________________________________AND _____/100 DOLLARS ($________________), calculated based upon a fully amortizing level payment 240 month amortization schedule, provided, however, Bank reserves the right to adjust the monthly payment amount from time to time based upon changes in the interest rate hereon if, as the result of such interest rate change, "negative amortization" will occur (i.e. the amount of the scheduled principal and interest payment will not be sufficient to pay accrued and unpaid interest). The entire unpaid principal amount outstanding under this Note shall be payable on the three-year anniversary of the date hereof.
MASTER CREDIT AND SECURITY AGREEMENT among SKY BANK and TRIBECA LENDING CORPORATION and THOSE SUBSIDIARIES WHICH RECEIVE ADVANCES HEREUNDER Dated as of February 28, 2006Master Credit and Security Agreement • April 25th, 2006 • Franklin Credit Management Corp/De/ • Finance services • New York
This Master Credit and Security Agreement (the “Agreement”) is entered into as of February 28, 2006, between Tribeca Lending Corporation, a New York corporation (the “Company”), having its principal office at Six Harrison Street, New York, New York 10013, and Sky Bank, an Ohio banking corporation (the “Bank”), having an office at 110 East Main Street, Salineville, Ohio 43945. The Subsidiaries of the Company which receive Company Subsidiary Loans under this Agreement or which have heretofore received Company Subsidiary Loans will also become parties hereto.
