This Note and the indebtedness evidenced hereby are subject to the terms of that certain Subordination Agreement between the Lender and TD Banknorth, N.A. dated as of the date hereof (the “Subordination Agreement”) and this Note and the indebtedness...Unsecured Subordinated Bridge Loan Promissory Note • December 13th, 2007 • UFood Restaurant Group, Inc. • Services-motion picture & video tape distribution • New York
Contract Type FiledDecember 13th, 2007 Company Industry JurisdictionFOR VALUE RECEIVED, KNOWFAT FRANCHISE COMPANY, INC., a Delaware corporation (hereinafter called the “Borrower”), hereby promises to pay to the order of UFOOD FRANCHISE COMPANY (f/k/a Axxent Media Corporation), a Nevada corporation (hereinafter called the “Lender”), c/o Gottbetter & Partners LLP, 488 Madison Avenue, 12th Floor, New York, New York 10022, the principal sum of One Million Thirty Five Thousand Dollars ($1,035,000.00) (the “Loan”), in lawful money of the United States of America and in immediately available funds.
This Note and the indebtedness evidenced hereby are subject to the terms of that certain Subordination Agreement between the Lender and TD Banknorth, N.A. dated as of September 24, 2007 (the “Subordination Agreement”) and this Note and the...Unsecured Subordinated Bridge Loan Promissory Note • December 13th, 2007 • UFood Restaurant Group, Inc. • Services-motion picture & video tape distribution • New York
Contract Type FiledDecember 13th, 2007 Company Industry JurisdictionFOR VALUE RECEIVED, KNOWFAT FRANCHISE COMPANY, INC., a Delaware corporation (hereinafter called the “Borrower”), hereby promises to pay to the order of UFOOD RESTAURANT GROUP, INC. (f/k/a UFood Franchise Company), a Nevada corporation (hereinafter called the “Lender”), c/o Gottbetter & Partners LLP, 488 Madison Avenue, 12th Floor, New York, New York 10022, the principal sum of Nine Hundred Sixty Five Thousand Dollars ($965,000.00) (the “Loan”), in lawful money of the United States of America and in immediately available funds.