SECURITY AGREEMENTSecurity Agreement • August 8th, 2007 • Microfinancial Inc • Miscellaneous business credit institution
Contract Type FiledAugust 8th, 2007 Company IndustryThis SECURITY AGREEMENT (this “Agreement”) is made as of the 2nd day of August, 2007, by MICROFINANCIAL INCORPORATED, a Massachusetts corporation (“MFI”), and its Subsidiaries from time to time party hereto (together with MFI, each an “Obligor”, and collectively, the “Obligors”), in favor of SOVEREIGN BANK, in its capacity as Agent (in such capacity, the “Agent”) for the Secured Parties (as defined below).
SECURITY AGREEMENTSecurity Agreement • August 8th, 2007 • Microfinancial Inc • Miscellaneous business credit institution
Contract Type FiledAugust 8th, 2007 Company IndustryThis SECURITY AGREEMENT (this “Agreement”) is made as of the 2nd day of August, 2007, by TIMEPAYMENT CORP., a Delaware corporation (the “Borrower”), and its Subsidiaries from time to time party hereto (together with the Borrower, each an “Obligor”, and collectively, the “Obligors”), in favor of SOVEREIGN BANK, in its capacity as Agent (in such capacity, the “Agent”) for the Secured Parties (as defined below).