FACTORING, SECURITY AND SERVICE AGREEMENTFactoring, Security and Service Agreement • January 10th, 2011 • Winland Electronics Inc • Industrial instruments for measurement, display, and control • Minnesota
THIS FACTORING, SECURITY AND SERVICE AGREEMENT (“Agreement”) is made on December 21, 2010, by and between TCI Business Capital, Inc., a Minnesota corporation, with a principal place of business at 12270 Nicollet Avenue South, Burnsville, MN 55337 ("TCI") and WINLAND ELECTRONICS, INC. , a Minnesota Corporation, with a principal place of business at 1950 Excel Drive, Mankato, MN 56001 ("Client"). TCI and Client are collectively referred to herein as “Parties”, in plural usage, or “Party”, in singular usage, as required by context.
