Common Contracts
2 similar Loan and Security Agreement contracts by Entrade Inc
EX-10.26 14 dex1026.htm LOAN AND SECURITY AGREEMENT NATIONWIDE AUCTION SYSTEMS, INC., NATIONWIDE NEW HOLDINGS, LLC, SOCAL AUTO CENTER ACQUISITION, LLC, AUTOMAX PACIFIC, LLC and SOCAL AUTO CENTER, LLC AXLE CAPITAL, LLC LOAN AND SECURITY AGREEMENT LOAN...Loan and Security Agreement • May 5th, 2020 • New York
This LOAN AND SECURITY AGREEMENT (this “Agreement”) is entered into as of July 12, 2006, by and between AXLE CAPITAL, LLC, a Delaware limited liability company (“Lender”), on the one hand, and NATIONWIDE AUCTION SYSTEMS, INC., a Nevada corporation (“Nationwide Auction”), NATIONWIDE NEW HOLDINGS, LLC, a Delaware limited liability (“Nationwide New”), SOCAL AUTO CENTER ACQUISITION, LLC, a Delaware limited liability (“Socal Acquisition”), AUTOMAX PACIFIC, LLC, a California limited liability company (“Automax”), and SOCAL AUTO CENTER, LLC, a California limited liability company (“Socal Auto” and together with Nationwide Auction, Nationwide Holdings, Socal Acquisition, and Automax, collectively and individually, and jointly and severally, “Borrowers,” and each individually, “Borrower”).
NATIONWIDE AUCTION SYSTEMS, INC., NATIONWIDE NEW HOLDINGS, LLC, SOCAL AUTO CENTER ACQUISITION, LLC, AUTOMAX PACIFIC, LLC and SOCAL AUTO CENTER, LLC AXLE CAPITAL, LLC LOAN AND SECURITY AGREEMENTLoan and Security Agreement • June 26th, 2008 • Entrade Inc • Services-prepackaged software • New York
Borrow Money. To borrow from Axle Capital, LLC, a Delaware limited liability company (“Lender”), on such terms as may be agreed upon between the officers, employees, or agents of the Corporation and Lender, such sum or sums of money as in their judgment should be borrowed, without limitation, including such sums as are specified in that certain Loan and Security Agreement dated as of July 12, 2006 (the “Loan Agreement”).
