Common Contracts
1 similar Loan and Security Agreement contracts
ContractLoan and Security Agreement • May 5th, 2020
<DOCUMENT> <TYPE>EX-10.2 <SEQUENCE>3 <FILENAME>p65184ex10-2.txt <DESCRIPTION>EX-10.2 <TEXT> <PAGE> 1 Exhibit 10.2 LOAN AND SECURITY AGREEMENT THIS LOAN AND SECURITY AGREEMENT (the "AGREEMENT") is made and entered into as of the 6th day of June, 2001 by and among Hypercom Corporation, a Delaware corporation ("PARENT"), Hypercom U.S.A., Inc., a Delaware corporation ("USA") and Hypercom Horizon, Inc., a Missouri corporation ("HORIZON") (Parent, USA and Horizon, each a "BORROWER" and collectively, the "BORROWERS"), and Michelle Investments LLC, an Illinois Iimited liability company ("LENDER"), with reference to the following facts: RECITALS: A. Lender has agreed to loan to Borrowers and Borrowers have agreed to borrow from Lender the sum of $15,000,000 as more fully described herein (the "LOAN") and as evidenced by that certain promissory note of even date herewith, a copy of which is attached hereto as EXHIBIT 1 and incorporated herein in its entirety by this reference (the "NOTE"); B. Hy
