Common Contracts
2 similar Term Note contracts by Techprecision Corp
TERM NOTETerm Note • December 29th, 2014 • Techprecision Corp • Fabricated structural metal products
This Term Note is given to evidence an actual loan (the “Loan”) in the maximum principal amount of $1,500,000.00, and is the Term Note referred to as “Note A” in Section 2.02 of the Agreement, and is subject to prepayment and acceleration of maturity as set forth in the Agreement. This Term Note is secured by, among other things, that certain Mortgage Deed, Assignment of Leases and Rents, Security Agreement and Fixture Filing from Borrower in favor of Lender, Guaranty of Guarantor and Financing Statement from Borrower in favor of Lender (the “Security Instrument”). All terms defined in the Agreement are used herein with their defined meanings unless otherwise provided.
TERM NOTETerm Note • December 29th, 2014 • Techprecision Corp • Fabricated structural metal products
This Term Note is given to evidence an actual loan (the “Loan”) in the maximum principal amount of $750,000.00, and is the Term Note referred to as “Note B” in Section 2.02 of the Agreement, and is subject to prepayment and acceleration of maturity as set forth in the Agreement. This Term Note is secured by, among other things, that certain Guaranty of Guarantor and Financing Statement from Borrower in favor of Lender (the “Security Instrument”). All terms defined in the Agreement are used herein with their defined meanings unless otherwise provided.
