Common Contracts
3 similar Commercial Pledge Agreement contracts by Utg Inc
ContractCommercial Pledge Agreement • May 5th, 2020
EX-10.4 4 pledgeagreement.htm COMMERCIAL PLEDGE AGREEMENT COMMERCIAL PLEDGE AGREEMENT Principal Amount: A) $18,000,000.00 B) $ 5,000,000.00 Grantor: UTG, Inc. 5250 South Sixth St. Springfield, IL 62703 Lender: First Tennessee Bank National Association Financial Institutions 845 Crossover Lane, Ste. 150 Memphis, TN 38117 THIS COMMERCIAL PLEDGE AGREEMENT dated December 8, 2006, is made and executed between UTG, Inc. (“Grantor”) and First Tennessee Bank National Association (“Lender”) in connection with Lender’s extension of credit to Grantor in the original principal amount of A) $18,000,000.00 and B) $5,000,000.00 evidenced by the Notes and further evidenced by Loan Agreement between Lender and Grantor (“Loan Agreement”) of even date herewith. Unless otherwise defined in this Agreement, capitalized terms used herein shall have the meanings ascribed to them in the Loan Agreement. GRANT OF SECURITY INTEREST. For valuable consideration, Grantor grants to Lender a security interest in the C
COMMERCIAL PLEDGE AGREEMENTCommercial Pledge Agreement • March 29th, 2007 • Utg Inc • Life insurance
COMMERCIAL PLEDGE AGREEMENTCommercial Pledge Agreement • February 20th, 2007 • Utg Inc • Life insurance
