Common Contracts
2 similar Loan Agreement contracts by Global Itechnology Inc, GNB Bank Panama Sa
September 27, 2000 GNB Bank Panama S.A. Edificio Banco Continental, Piso 30 Calle 50 y Aquilino de la Guardia Panama City, Republic of Panama Dear Sirs: I refer to a letter agreement ( the "Agreement") between us, dated February 29, 2000, in...Loan Agreement • October 6th, 2000 • GNB Bank Panama Sa • Blank checks
Re: LoansLoan Agreement • September 1st, 2000 • Global Itechnology Inc • Communications services, nec
You have asked that I loan Global iTechnology, Inc. (the "Company") an additional $110,000. I have previously loaned the Company $125,000 which is evidenced by one or more demand promissory notes (the "Notes"). I hereby agree to lend the Company the additional $110,000 provided, the Company enters into a Pledge, Escrow and Security Agreement, pledging its ownership in Certificate Express, inc. to secure repayment of the total of $235,000 (the "Loans") and issues 22,000 three-year warrants to me to purchase shares of the Company's common stock for $.1875 per share. In addition, I agree that the Loans will now be represented by a single promissory note due August 10, 2001 or earlier in the event of financing.
