Common Contracts

2 similar Loan and Security Agreement contracts by Avatar Systems Inc

LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • August 30th, 2006 • Avatar Systems Inc • Services-prepackaged software • Texas

THIS LOAN AND SECURITY AGREEMENT dated as of the Closing Date (as amended, modified or restated from time to time, this “Agreement”), will serve to set forth the terms of the Loan by TIM ALLEN and GREGG ALLEN (individually and collectively and together with their successors and assigns, “Lender”) in favor of AVATAR SYSTEMS, INC., a Texas corporation (“Debtor”).

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LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • August 30th, 2006 • Avatar Systems Inc • Services-prepackaged software • Texas

THIS LOAN AND SECURITY AGREEMENT dated as of the Closing Date (as amended, modified or restated from time to time, this “Agreement”), will serve to set forth the terms of the Credit Facility by and among PLAINSCAPITAL BANK, a Texas state bank (together with its successors and assigns, “Lender”) and AVATAR SYSTEMS, INC., a Texas corporation (“Debtor”).

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