Common Contracts

1 similar Loan Extension and Modification Agreement contracts

Contract
Loan Extension and Modification Agreement • May 5th, 2020 • New York

<DOCUMENT> <TYPE>EX-10.41 <SEQUENCE>14 <FILENAME>d01409exv10w41.txt <DESCRIPTION>FORM OF LOAN EXTENSION AND MODIFICATION AGREEMENT <TEXT> <PAGE> EXHIBIT 10.41 LOAN EXTENSION AND MODIFICATION AGREEMENT THIS LOAN EXTENSION AND MODIFICATION AGREEMENT (this "Agreement"), is made as of _______________, 2002, by and among Probex Corp., a Delaware corporation (the "Company"), and the lenders listed on Exhibit A hereto (individually, a "Lender", and collectively, the "Lenders"). WHEREAS, the Company has outstanding $3 million aggregate original principal amount of those certain convertible promissory notes (individually, a "Note", and collectively, the "Notes") made in favor of the Lenders; WHEREAS, the Lenders and the Company desire to further secure the obligations under the Notes by entering into an Intercreditor and Security Agreement (the "Security Agreement") in the form attached as Exhibit B hereto, which grants the Lenders a security interest in the Collateral (as defined in the Securi

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