Common Contracts
4 similar Second Term Note contracts by Cti Industries Corp, Color Imaging Inc, Pelican Properties International Corp
EXHIBIT 10.5 SECOND TERM NOTE $ 500,000 Atlanta, Georgia September 19, 2005 FOR VALUE RECEIVED, the undersigned, COLOR IMAGING, INC. ("Borrower"), a Delaware corporation, promises to pay to the order of WACHOVIA BANK, NATIONAL ASSOCIATION, successor...Second Term Note • September 20th, 2005 • Color Imaging Inc • Services-business services, nec
SECOND TERM NOTESecond Term Note • April 15th, 2002 • Pelican Properties International Corp • Services-miscellaneous amusement & recreation
FOR VALUE RECEIVED, the undersigned, WHEELING CITY CENTER HOTEL, LLC, a West Virginia limited liability company (hereinafter called "Borrower"), promises to pay to the order of WESBANCO BANK, INC., a West Virginia banking corporation (hereinafter called "Bank"), at its principal office, One Bank Plaza, Wheeling, West Virginia, or such other place as the holder may designate in writing, the principal sum of ONE HUNDRED THOUSAND NINE HUNDRED NINETY DOLLARS AND THIRTY-ONE CENTS ($100,990.31), together with interest on the unpaid balance hereof at a variable rate equal to the Bank's Base Rate, plus one percent (1%), per annum, fluctuating annually. The term Base Rate shall mean the rate of interest announced by the Bank from time to time as its prevailing commercial rate.
FIRST AMENDMENT TO SECOND TERM NOTE Loan No. 600804665-56Second Term Note • February 16th, 1999 • Cti Industries Corp • Miscellaneous manufacturing industries
Second Term Note Page TwoSecond Term Note • July 24th, 1997 • Cti Industries Corp
FOR VALUE RECEIVED, the undersigned, CTI Industries Corporation, a Delaware corporation (the "Borrower"), hereby promises to pay to the order of First American Bank, an Illinois banking corporation (the "Bank"), the principal sum of Two Million Two Hundred Thousand and No/100 Dollars ($2,200,000.00) on September 1, 2001 (or earlier as hereinafter provided), or so much thereof as may be advanced by the Bank and evidenced by this Note under the Loan and Security Agreement of even date between the Borrower and the Bank (the "Loan Agreement"), together with interest to maturity (whether by lapse of time, acceleration, or otherwise) on the balance of principal remaining from time to time outstanding at a rate per annum equal to eight and three-quarters percent (8.75%). Interest shall be calculated on the basis of a 360-day year and actual days.
