Common Contracts
3 similar Term Note contracts by Platinum Energy Solutions, Inc.
Amended and Restated Term Note $ 5,800,000 Date: December 17, 2012Term Note • December 21st, 2012 • Platinum Energy Solutions, Inc. • Oil & gas field services, nec • New York
Promise to Pay. On or before January 1, 2017, for value received, Platinum Energy Solutions, Inc., a Nevada corporation ("Borrower"), promises to pay to ICON Agent, LLC, a Delaware limited liability company whose address is 3 Park Avenue, 36th Floor, New York, NY 10016 (as agent for the Lender, the “Agent”), for the benefit of ICON ECI FUND FIFTEEN, L.P., a Delaware limited partnership, whose address is c/o ICON Agent, LLC, 3 Park Avenue, 36th Floor, New York, NY 10016 (the "Lender"), or order, in lawful money of the United States of America, the sum of Five Million Eight Hundred Thousand Dollars ($5,800,000) or so much thereof as may be advanced and outstanding, plus interest on the unpaid principal balance at the rate or rates set forth in the Credit Agreement, which interest is assessed on the unpaid principal balance of this Note as outstanding from time to time, commencing on the date hereof, and at the Agent's option at the rate of 3.00% per annum above the applicable note rate(s
Amended and Restated Term Note $ 500,000 Date: December 17, 2012Term Note • December 21st, 2012 • Platinum Energy Solutions, Inc. • Oil & gas field services, nec • New York
Promise to Pay. On or before January 1, 2017, for value received, Platinum Energy Solutions, Inc., a Nevada corporation ("Borrower"), promises to pay to ICON Agent, LLC, a Delaware limited liability company whose address is 3 Park Avenue, 36th Floor, New York, NY 10016 (as agent for the Lender, the “Agent”), for the benefit of HARDWOOD PARTNERS, LLC, a Delaware limited partnership, whose address is One Landmark Square, Suite 620, Stamford, CT 06901 (the "Lender"), or order, in lawful money of the United States of America, the sum of Five Hundred Thousand Dollars ($500,000) or so much thereof as may be advanced and outstanding, plus interest on the unpaid principal balance at the rate or rates set forth in the Credit Agreement, which interest is assessed on the unpaid principal balance of this Note as outstanding from time to time, commencing on the date hereof, and at the Agent's option at the rate of 3.00% per annum above the applicable note rate(s) upon the occurrence of any default
Amended and Restated Term Note $ 8,700,000 Date: December 17, 2012Term Note • December 21st, 2012 • Platinum Energy Solutions, Inc. • Oil & gas field services, nec • New York
Promise to Pay. On or before January 1, 2017, for value received, Platinum Energy Solutions, Inc., a Nevada corporation ("Borrower"), promises to pay to ICON Agent, LLC, a Delaware limited liability company whose address is 3 Park Avenue, 36th Floor, New York, NY 10016 (as agent for the Lender, the “Agent”), for the benefit of ICON EQUIPMENT AND CORPORATE INFRASTRUCTURE FUND FOURTEEN, L.P., a Delaware limited partnership, whose address is c/o ICON Agent, LLC, 3 Park Avenue, 36th Floor, New York, NY 10016 (the "Lender"), or order, in lawful money of the United States of America, the sum of Eight Million Seven Hundred Thousand Dollars ($8,700,000) or so much thereof as may be advanced and outstanding, plus interest on the unpaid principal balance at the rate or rates set forth in the Credit Agreement, which interest is assessed on the unpaid principal balance of this Note as outstanding from time to time, commencing on the date hereof, and at the Agent's option at the rate of 3.00% per a
