Common Contracts

3 similar Secured Bridge Note contracts by White River Capital Inc, American International Petroleum Corp /Nv/

Exhibit 4.10(b) SECURED BRIDGE NOTE
Secured Bridge Note • June 24th, 2005 • White River Capital Inc • Personal credit institutions

This Note is secured by that certain Pledge and Security Agreement executed by Borrower in favor of Lender and Castle Creek Capital Partners Fund IIa ("Fund IIa") of even date herewith ("Pledge Agreement") wherein Borrower has pledged the Purchased UAC Notes, as defined in the Pledge Agreement, to secure repayment of this Note and a note of like tenor in favor of Fund IIa, ratably as their respective interests may appear. The Borrower promises to pay interest on the unpaid principal amount outstanding hereunder from time to time from the date hereof until such principal amount is paid in full at a rate of 10.75% per annum, based on 360 day year consisting of twelve 30-day months. Accrued and unpaid interest is payable on the Due Date. Any unpaid principal amount remaining outstanding after the Due Date or after the occurrence and during the continuance of an Event of Default (as defined in the Pledge Agreement) shall bear interest at the default rate of 13.75% per annum. Notwithstandin

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Exhibit 4.10(a) SECURED BRIDGE NOTE
Secured Bridge Note • June 24th, 2005 • White River Capital Inc • Personal credit institutions

This Note is secured by that certain Pledge and Security Agreement executed by Borrower in favor of Lender and Castle Creek Capital Partners Fund IIb ("Fund IIb") of even date herewith ("Pledge Agreement") wherein Borrower has pledged the Purchased UAC Notes, as defined in the Pledge Agreement, to secure repayment of this Note and a note of like tenor in favor of Fund IIb, ratably as their respective interests may appear. The Borrower promises to pay interest on the unpaid principal amount outstanding hereunder from time to time from the date hereof until such principal amount is paid in full at a rate of 10.75% per annum, based on 360 day year consisting of twelve 30-day months. Accrued and unpaid interest is payable on the Due Date. Any unpaid principal amount remaining outstanding after the Due Date or after the occurrence and during the continuance of an Event of Default (as defined in the Pledge Agreement) shall bear interest at the default rate of 13.75% per annum. Notwithstandin

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