Common Contracts

2 similar Pledge Agreement contracts by Assuranceamerica Corp

PLEDGE AGREEMENT
Pledge Agreement • August 14th, 2009 • Assuranceamerica Corp • Fire, marine & casualty insurance • Georgia

THIS PLEDGE AGREEMENT (this “Agreement”) is made as of the 17th day of July, 2009, by and between TRUSTWAY INSURANCE AGENCIES, LLC, a Georgia limited liability company (the “Pledgor”) and WACHOVIA BANK, NATIONAL ASSOCIATION (the “Bank”). Unless otherwise defined herein or if the context clearly requires to the contrary, any capitalized term used herein but not defined shall have the meaning ascribed to such term in that certain that certain Guaranty of Payment dated as of even date herewith among Pledgor and Bank (as amended, the “Guaranty”) guaranteeing the obligations of AssuranceAmerica Corporation, a Nevada corporation (“Borrower”) pursuant to that certain Loan Agreement between Borrower and Bank (as amended from time to time, the “Loan Agreement”).

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PLEDGE AGREEMENT
Pledge Agreement • August 14th, 2009 • Assuranceamerica Corp • Fire, marine & casualty insurance • Georgia

THIS PLEDGE AGREEMENT (this “Agreement”) is made as of the 17th day of July, 2009, by and between ASSURANCEAMERICA CORPORATION, a Georgia corporation (the “Pledgor”) and WACHOVIA BANK, NATIONAL ASSOCIATION (the “Bank”). Unless otherwise defined herein or if the context clearly requires to the contrary, any capitalized term used herein but not defined shall have the meaning ascribed to such term in that certain Loan Agreement dated as of even date herewith among Bank and Pledgor, as Borrower therein (as amended from time to time, the “Loan Agreement”).

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