Common Contracts

3 similar Line of Credit Agreement contracts by Kona Gold Solutions, Inc.

LINE OF CREDIT AGREEMENT
Line of Credit Agreement • July 16th, 2020 • Kona Gold Solutions, Inc. • Florida

This LINE OF CREDIT AGREEMENT is made as of this 29th day of August, 2019 (the “Line of Credit Agreement”), by and among Gold Leaf Distribution, LLC (the “Borrower”) and Robert Clark (the “Lender”). A line of credit is hereby established in the amount of Two Hundred Thousand Dollars ($200,000) for the benefit of the Borrower: provided, however, that the Lender unilaterally may terminate the Borrower’s privilege to request advances hereunder or lower said amount. The line of credit will be subject to the following terms and conditions:

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LINE OF CREDIT AGREEMENT
Line of Credit Agreement • July 16th, 2020 • Kona Gold Solutions, Inc. • Florida

This LINE OF CREDIT AGREEMENT is made as of this 5th day of May 2018 (the “Line of Credit Agreement”), by and among Kona Gold, LLC (the “Borrower”) and Matthew Nicoletti (the “Lender”). A line of credit is hereby established in the amount of Four Hundred Thousand Dollars ($400,000) for the benefit of the Borrower: provided, however, that the Lender unilaterally may terminate the Borrower’s privilege to request advances hereunder or lower said amount. The line of credit will be subject to the following terms and conditions:

LINE OF CREDIT AGREEMENT
Line of Credit Agreement • July 16th, 2020 • Kona Gold Solutions, Inc. • Florida

This LINE OF CREDIT AGREEMENT is made as of this 4th day of April, 2019 (the “Line of Credit Agreement”), by and among Kona Gold, LLC (the “Borrower”) and Robert Clark (the “Lender”). A line of credit is hereby established in the amount of One Million Five Hundred Thousand Dollars ($1,500,000) for the benefit of the Borrower: provided, however, that the Lender unilaterally may terminate the Borrower’s privilege to request advances hereunder or lower said amount. The line of credit will be subject to the following terms and conditions:

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