Common Contracts

2 similar Pledge and Assignment Agreement contracts by Global Energy, Inc.

EX-10.39 44 dex1039.htm PLEDGE AND ASSIGNMENT AGREEMENT Pledge and Assignment Agreement
Pledge and Assignment Agreement • May 5th, 2020 • Ohio

Whereas Global Energy, Inc. (“Corporation”) has on this date executed and delivered to Ohio National Financial Services, Inc. (“ONFS”) the Continuing Guaranty (“Guaranty”) which guaranties all obligations, including but not limited to the right granted to ONFS to convert debt into stock of the Corporation under (a) the Promissory Note issued in favor of ONFS by Assignor’s subsidiary, Lima Energy Company (“Lima”) in the principal amount of $2,000,000.00 (the “Note”), and (b) the Security Agreement securing the obligations under the Note (collectively, including the Note, Security Agreement, Guaranty and Personal Guaranty, the “Loan Documents”) and

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Pledge and Assignment Agreement
Pledge and Assignment Agreement • June 20th, 2007 • Global Energy, Inc. • Ohio

Whereas Global Energy, Inc. (“Corporation”) has on this date executed and delivered to Ohio National Financial Services, Inc. (“ONFS”) the Continuing Guaranty (“Guaranty”) which guaranties all obligations, including but not limited to the right granted to ONFS to convert debt into stock of the Corporation under (a) the Promissory Note issued in favor of ONFS by Assignor’s subsidiary, Lima Energy Company (“Lima”) in the principal amount of $2,000,000.00 (the “Note”), and (b) the Security Agreement securing the obligations under the Note (collectively, including the Note, Security Agreement, Guaranty and Personal Guaranty, the “Loan Documents”) and

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