Common Contracts
2 similar Interest Reserve and Security Agreement contracts by King Luther Capital Management Corp
ContractInterest Reserve and Security Agreement • May 5th, 2020
EXHIBIT 4 INTEREST RESERVE AND SECURITY AGREEMENT THIS INTEREST RESERVE AND SECURITY AGREEMENT (this “Agreement”) is made as of March 20, 2008, by PDLP DISTRIBUTION, LLC, a Texas limited liability company (“Borrower”), in favor of ENCORE BANK, N.A., its successors, transferees and assigns (“Lender”). RECITALS A. Borrower is indebted to Lender in the principal sum of FIVE MILLION SIX HUNDRED FIFTY THOUSAND AND NO/100 DOLLARS ($5,650,000.00) in lawful money of the United States of America as evidenced by its promissory note of even date herewith given to Lender (the note together with all extensions, renewals, modifications, substitutions and amendments thereof shall collectively be referred to as the “Note”) (the indebtedness evidenced by the Note, together with interest accrued thereon, shall collectively be referred to as the “Loan”). The Loan shall be payable in accordance with the terms and conditions provided in the Note. B. The Loan is secured by, among other things, a Stock Pledg
INTEREST RESERVE AND SECURITY AGREEMENTInterest Reserve and Security Agreement • March 21st, 2008 • King Luther Capital Management Corp
THIS INTEREST RESERVE AND SECURITY AGREEMENT (this “Agreement”) is made as of March 20, 2008, by PDLP DISTRIBUTION, LLC, a Texas limited liability company (“Borrower”), in favor of ENCORE BANK, N.A., its successors, transferees and assigns (“Lender”).
