Common Contracts
2 similar Security Agreement contracts by Flux Power Holdings, Inc.
AMENDED AND RESTATED SECURED PROMISSORY NOTESecurity Agreement • April 2nd, 2019 • Flux Power Holdings, Inc. • Miscellaneous electrical machinery, equipment & supplies • California
This Note is made and delivered by Borrower to Holder pursuant to the terms of the Credit Facility Agreement. Under the Credit Facility Agreement, Holder, at its sole discretion and along with other Lenders (as defined in the Credit Facility Agreement), agreed to advance funds up to a maximum of Seven Million Dollars ($7,000,000) to Borrower, from time to time, to be used by Borrower to purchase inventory and related operational support expenses. All capitalized terms used and not defined herein shall have the meanings ascribed to them in the Credit Facility Agreement.
FORM OF SECURED PROMISSORY NOTESecurity Agreement • April 2nd, 2019 • Flux Power Holdings, Inc. • Miscellaneous electrical machinery, equipment & supplies • California
This Note is made and delivered by Borrower to Holder pursuant to the terms of the Credit Facility Agreement. Under the Credit Facility Agreement, Holder, at its sole discretion and along with other Lenders (as defined in the Credit Facility Agreement), agreed to advance funds up to a maximum of Seven Million Dollars ($7,000,000) to Borrower, from time to time, to be used by Borrower to purchase inventory and related operational support expenses. All capitalized terms used and not defined herein shall have the meanings ascribed to them in the Credit Facility Agreement.
