Common Contracts
2 similar Business Loan Agreement (Asset Based) contracts by Ocean Bio Chem Inc
BUSINESS LOAN AGREEMENT (ASSET BASED)Business Loan Agreement (Asset Based) • November 14th, 2017 • Ocean Bio Chem Inc • Specialty cleaning, polishing and sanitation preparations
THIS BUSINESS LOAN AGREEMENT (ASSET BASED) dated August 31, 2017, is made and executed between OCEAN BIO-CHEM, INC. (“Borrower”) and REGIONS BANK (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender’s sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
BUSINESS LOAN AGREEMENT (ASSET BASED)Business Loan Agreement (Asset Based) • March 31st, 2017 • Ocean Bio Chem Inc • Specialty cleaning, polishing and sanitation preparations • Alabama
THIS BUSINESS LOAN AGREEMENT (ASSET BASED) dated November 17, 2016, is made and executed between OCEAN BIG CHEM INC (“Borrower”) and REGIONS BANK (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender’s sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
