Common Contracts

2 similar Interim Loan Agreement contracts by Enable Holdings, Inc.

Contract
Interim Loan Agreement • May 5th, 2020

EX-10.1 4 v162981_ex10-1.htm Exhibit 10.1 INTERIM LOAN AGREEMENT THIS INTERIM LOAN AGREEMENT (this “Agreement”) is entered into as of the 9th day of October, 2009, by and between ENABLE HOLDINGS, INC., a Delaware corporation (“Borrower”) and HDIBU LLC, THEODORE DEIKEL, an individual, and TALOS PARTNERS LLC, a Delaware limited liability company (collectively, “Lenders”). Premises A. Borrower and Lenders have on this date executed a Confidential Summary of Principal Terms and Conditions for a proposed investment by Lenders in Borrower, under which Lenders would purchase $5,000,000 of newly created preferred stock of Borrower, subject to the negotiation of binding agreements, which the parties are now discussing (the “Investment”). B. Borrower requires funds for paying ongoing expenses and costs associated with the ordinary course of its business. C. Borrower wishes to establish a line of credit with Lenders for the foregoing purposes, the principal sum of not to exceed $500,000. D. Lende

AutoNDA by SimpleDocs
INTERIM LOAN AGREEMENT
Interim Loan Agreement • October 16th, 2009 • Enable Holdings, Inc. • Retail-catalog & mail-order houses

THIS INTERIM LOAN AGREEMENT (this “Agreement”) is entered into as of the 9th day of October, 2009, by and between ENABLE HOLDINGS, INC., a Delaware corporation (“Borrower”) and HDIBU LLC, THEODORE DEIKEL, an individual, and TALOS PARTNERS LLC, a Delaware limited liability company (collectively, “Lenders”).

Time is Money Join Law Insider Premium to draft better contracts faster.