Common Contracts

6 similar Bridge Note contracts by Passport Brands, Inc

BRIDGE NOTE
Bridge Note • February 11th, 2011 • Passport Brands, Inc • Knit outerwear mills

FOR VALUE RECEIVED, I.C. ISAACS & COMPANY, INC., a Delaware corporation with an address at 475 10th Avenue, 9th Floor, New York, NY 10018 (hereinafter referred to as "Maker") hereby promises to pay to the order of Ernest K. Jacquet an individual with an address at 2600 N. Flagler Drive., Suite 909, West Palm Beach, FL 33407 (hereinafter referred to as the "Lender") the principal sum of One Hundred Thirty Thousand Dollars ($130,000.00) (the "Loan") and shall pay interest at the rate of ten percent (10%) per annum. In the case of an Event of Default the Default Rate will be 16%.

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BRIDGE NOTE
Bridge Note • February 11th, 2011 • Passport Brands, Inc • Knit outerwear mills

FOR VALUE RECEIVED, PASSPORT BRANDS INC., a Delaware corporation with an address at 252 West 37th Street, 6th Floor, New York, NY 10018 (hereinafter referred to as "Maker") hereby promises to pay to the order of Ernest K. Jacquet an individual with an address at 2600 N. Flagler Drive., Suite 909, West Palm Beach, FL 33407 (hereinafter referred to as the "Lender") the principal sum of One Hundred Seventeen Thousand Dollars ($117,000.00) (the "Loan") and shall pay interest at the rate of ten percent (10%) per annum. In the case of an Event of Default the Default Rate will be 16%.

BRIDGE NOTE
Bridge Note • February 11th, 2011 • Passport Brands, Inc • Knit outerwear mills

FOR VALUE RECEIVED, I.C. ISAACS & COMPANY, INC., a Delaware corporation with an address at 475 10th Avenue, 9th Floor, New York, NY 10018 (hereinafter referred to as "Maker") hereby promises to pay to the order of Ernest K. Jacquet an individual with an address at 2600 N. Flagler Drive., Suite 909, West Palm Beach, FL 33407 (hereinafter referred to as the "Lender") the principal sum of Two Hundred Twenty Thousand Dollars ($220,000.00) (the "Loan") and shall pay interest at the rate of ten percent (10%) per annum. In the case of an Event of Default the Default Rate will be 16%.

BRIDGE NOTE
Bridge Note • February 11th, 2011 • Passport Brands, Inc • Knit outerwear mills

FOR VALUE RECEIVED, PASSPORT BRANDS INC., a Delaware corporation with an address at 252 West 37th Street, 6th Floor, New York, NY 10018 (hereinafter referred to as "Maker") hereby promises to pay to the order of Ernest K. Jacquet an individual with an address at 2600 N. Flagler Drive., Suite 909, West Palm Beach, FL 33407 (hereinafter referred to as the "Lender") the principal sum of Fifty Thousand Dollars ($50,000.00) (the "Loan") and shall pay interest at the rate of ten percent (10%) per annum. In the case of an Event of Default the Default Rate will be 16%.

BRIDGE NOTE
Bridge Note • February 11th, 2011 • Passport Brands, Inc • Knit outerwear mills

FOR VALUE RECEIVED, I.C. ISAACS & COMPANY, INC., a Delaware corporation with an address at 475 10th Avenue, 9th Floor, New York, NY 10018 (hereinafter referred to as "Maker") hereby promises to pay to the order of Ernest K. Jacquet an individual with an address at 2600 N. Flagler Drive., Suite 909, West Palm Beach, FL 33407 (hereinafter referred to as the "Lender") the principal sum of Five Hundred Thousand Dollars ($400,000.00) (the "Loan") and shall pay interest at the rate of ten percent (10%) per annum. In the case of an Event of Default the Default Rate will be 16%.

BRIDGE NOTE
Bridge Note • February 11th, 2011 • Passport Brands, Inc • Knit outerwear mills

FOR VALUE RECEIVED, I.C. ISAACS & COMPANY, INC., a Delaware corporation with an address at 475 10th Avenue, 9th Floor, New York, NY 10018 (hereinafter referred to as "Maker") hereby promises to pay to the order of Ernest K. Jacquet an individual with an address at 2600 N. Flagler Drive., Suite 909, West Palm Beach, FL 33407 (hereinafter referred to as the "Lender") the principal sum of One Hundred-Forty Thousand Dollars ($140,000.00) (the "Loan") and shall pay interest at the rate of ten percent (10%) per annum. In the case of an Event of Default the Default Rate will be 16%.

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