Common Contracts
2 similar Senior Secured Promissory Note and Security Agreement contracts by Institutional Financial Markets, Inc.
EX-10.1 2 d349665dex101.htm SENIOR SECURED PROMISSORY NOTE AND SECURITY AGREEMENT Senior Secured Promissory Note and Security Agreement Aggregate Principal Amount: US $8,000,000.00 April 24,2012Senior Secured Promissory Note and Security Agreement • May 5th, 2020 • New York
IFMI, LLC, a Delaware limited liability company (the “Company” or “Maker”), having an address at 2929 Arch Street, 17th Floor, Philadelphia, PA 19104, for value received, hereby promises to pay to the order of PrinceRidge Holdings LP, a Delaware limited liability partnership (the “Payee”), the principal amount of Eight Million and 00/100 Dollars ($8,000,000.00), or so much thereof as shall have been advanced and shall remain unpaid, plus interest on the principal balance thereof from time to time outstanding until the date paid, at the rates set forth below. This Senior Secured Promissory Note (this “Note”) is made in connection with the exercise of an option to borrow pursuant to Section 5.05(b) of the Fourth Amended and Restated Limited Liability Company Agreement, dated as of May 31, 2011, of PrinceRidge Partners LLC, a Delaware limited liability company (“PrinceRidge LLC”) and Section 5.05(b) of the Fourth Amended and Restated Limited Partnership Agreement, dated as of May 31, 2011
Senior Secured Promissory Note and Security AgreementSenior Secured Promissory Note and Security Agreement • May 8th, 2012 • Institutional Financial Markets, Inc. • Security brokers, dealers & flotation companies • New York
IFMI, LLC, a Delaware limited liability company (the “Company” or “Maker”), having an address at 2929 Arch Street, 17th Floor, Philadelphia, PA 19104, for value received, hereby promises to pay to the order of PrinceRidge Holdings LP, a Delaware limited liability partnership (the “Payee”), the principal amount of Eight Million and 00/100 Dollars ($8,000,000.00), or so much thereof as shall have been advanced and shall remain unpaid, plus interest on the principal balance thereof from time to time outstanding until the date paid, at the rates set forth below. This Senior Secured Promissory Note (this “Note”) is made in connection with the exercise of an option to borrow pursuant to Section 5.05(b) of the Fourth Amended and Restated Limited Liability Company Agreement, dated as of May 31, 2011, of PrinceRidge Partners LLC, a Delaware limited liability company (“PrinceRidge LLC”) and Section 5.05(b) of the Fourth Amended and Restated Limited Partnership Agreement, dated as of May 31, 2011
