Common Contracts

2 similar Security Agreement contracts by Jbi, Inc., Plastic2Oil, Inc.

AMENDED AND RESTATED SECURITY AGREEMENT
Security Agreement • August 16th, 2016 • Plastic2Oil, Inc. • Wholesale-electrical appliances, tv & radio sets • New York

This Amended and Restated Security Agreement (as amended, restated, supplemented and/or otherwise modified from time to time, this “Agreement”) is dated as of August 4, 2016 (the “Effective Date”) between the lenders executing this Agreement and listed on Schedule A attached hereto as amended from time to time (the “Lenders”), JBI, Inc., a corporation organized under the laws of the State of Nevada (the “Debtor”), Plastic2Oil of NY #1, LLC, a limited liability company organized under the laws of the State of New York (“P2O#1”) and JBI RE #1, Inc., a corporation organized under the laws of the State of New York (“RE#1”, and collectively with P2O#1 and the Debtor the “Grantors”), and Christiana Trust, a division of WSFS Bank, as collateral agent for the Lenders (the “Collateral Agent”). This Agreement amends and restates that certain Security Agreement, dated August 29, 2013, by and between the Lenders named therein, the Grantors and the Collateral Agent (the “Original Agreement”). The L

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SECURITY AGREEMENT
Security Agreement • August 30th, 2013 • Jbi, Inc. • Wholesale-electrical appliances, tv & radio sets • New York

This Security Agreement (as amended, restated, supplemented and/or otherwise modified from time to time, this “Agreement”) is dated as of August 29, 2013 (the “Effective Date”) between the lenders executing this Agreement and listed on Schedule A attached hereto as amended from time to time (the “Lenders”), JBI, Inc., a corporation organized under the laws of the State of Nevada (the “Debtor”), Plastic2Oil of NY #1, LLC, a limited liability company organized under the laws of the State of New York (“P2O#1”) and JBI RE #1, Inc., a corporation organized under the laws of the State of New York (“RE#1”, and collectively with P2O#1 and the Debtor the “Grantors”), and Christiana Trust, a division of WSFS Bank, as collateral agent for the Lenders (the “Collateral Agent”).

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