Common Contracts
2 similar Security Agreement contracts by Fountain Powerboat Industries Inc
AMENDED AND RESTATED SECURITY AGREEMENTSecurity Agreement • September 29th, 2008 • Fountain Powerboat Industries Inc • Ship & boat building & repairing • North Carolina
THIS AMENDED AND RESTATED SECURITY AGREEMENT, dated as of November 16, 2007 (“Security Agreement”), is made by FOUNTAIN POWERBOATS, INC., a North Carolina corporation with its principal office at 1653 Whichard’s Beach Road, Washington, North Carolina 27889 (the “Borrower”), FOUNTAIN POWERBOAT INDUSTRIES, INC., a Nevada corporation (the “Parent”), and FOUNTAIN DEALERS’ FACTORY SUPER STORE, INC., a North Carolina corporation (the “Affiliate Guarantor,” and together with the Borrower and the Parent, the “Pledgors”), in favor of REGIONS BANK, an Alabama chartered bank with offices in Charlotte, North Carolina (the “Bank”). Except as otherwise provided herein, capitalized terms used herein without definition shall have the meanings given to them in the Loan Agreement referred to below.
SECURITY AGREEMENTSecurity Agreement • September 23rd, 2005 • Fountain Powerboat Industries Inc • Ship & boat building & repairing • North Carolina
THIS SECURITY AGREEMENT, dated as of September 19, 2005 (as amended, supplemented or modified from time to time, this “Security Agreement”), is made by FOUNTAIN POWERBOATS, INC., a North Carolina corporation with its principal office at 1653 Whichard’s Beach Road, Washington, North Carolina 27889 (the “Borrower”), FOUNTAIN POWERBOAT INDUSTRIES, INC., a Nevada corporation (the “Parent” and together with the Borrower, the “Pledgors”), in favor of REGIONS BANK, an Alabama chartered bank with offices in Charlotte, North Carolina (the “Bank”). Except as otherwise provided herein, capitalized terms used herein without definition shall have the meanings given to them in the Loan Agreement referred to below.
