Common Contracts
2 similar Inventory Financing and Purchase Money Security Agreement contracts by Rush Enterprises Inc \Tx\
Second Amended and Restated Inventory Financing and Purchase Money Security AgreementInventory Financing and Purchase Money Security Agreement • November 6th, 2023 • Rush Enterprises Inc \Tx\ • Retail-auto dealers & gasoline stations • Delaware
THIS SECOND AMENDED AND RESTATED INVENTORY FINANCING AND PURCHASE MONEY SECURITY AGREEMENT (this "Agreement") is entered into by and between Rush Truck Leasing, Inc. ("RTL") and PACCAR Leasing Company, a division of PACCAR Financial Corp. ("PLC") as of November 1, 2023 (the "Effective Date"). This Agreement amends and restates in its entirety that certain Inventory Financing and Purchase Money Security Agreement Paper Loan Agreement, dated as of May 31, 2001 and as amended from time to time and as further amended by that certain Amended and Restated Inventory Financing and Purchase Money Security Agreement Paper Loan Agreement, dated as of October 1, 2021 (the “Original VIP Agreement”).
RECITALSInventory Financing and Purchase Money Security Agreement • October 7th, 2021 • Rush Enterprises Inc \Tx\ • Retail-auto dealers & gasoline stations • Delaware
● The prepayment premium for any fiscal quarter shall be added to the outstanding principal balance of the floating interest rate portion of the Note, effective as of the first day of the following fiscal quarter.
