Common Contracts

2 similar Senior Secured Promissory Note contracts by Ecosphere Technologies Inc

EX-10.9 3 esph_ex10z9.htm FORM OF NOTE SENIOR SECURED PROMISSORY NOTE
Senior Secured Promissory Note • May 5th, 2020

FOR VALUE RECEIVED, ECOSPHERE DEVELOPMENT COMPANY LLC, a Washington limited liability company (the “Borrower”), hereby unconditionally promises to pay to the order of _______________, a ________________ company (the “Lender”), at the offices of Lender at _____________________________, or at such other place as the Lender or any holder hereof may from time to time designate, the principal sum of ________________________ in lawful money of the United States of America. The due date of this Promissory Note (the “Note”) shall be on a date which is 59 months after the First Payment Date or earlier as hereinafter provided, together with interest as set forth herein and all other Obligations. In no event shall the First Payment Date be later than May 15, 2017. The First Payment Date means a day four months after the later of the date that Galaxy Groves, LLC (“GG”) receives a certificate of occupancy from the local authorities and the issuance of a license to grow marijuana from the Washington

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SENIOR SECURED PROMISSORY NOTE
Senior Secured Promissory Note • August 22nd, 2016 • Ecosphere Technologies Inc • Construction, mining & materials handling machinery & equip • Washington

FOR VALUE RECEIVED, ECOSPHERE DEVELOPMENT COMPANY LLC, a Washington limited liability company (the “Borrower”), hereby unconditionally promises to pay to the order of _______________, a ________________ company (the “Lender”), at the offices of Lender at _____________________________, or at such other place as the Lender or any holder hereof may from time to time designate, the principal sum of ________________________ in lawful money of the United States of America. The due date of this Promissory Note (the “Note”) shall be on a date which is 59 months after the First Payment Date or earlier as hereinafter provided, together with interest as set forth herein and all other Obligations. In no event shall the First Payment Date be later than May 15, 2017. The First Payment Date means a day four months after the later of the date that Galaxy Groves, LLC (“GG”) receives a certificate of occupancy from the local authorities and the issuance of a license to grow marijuana from the Washington

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