0000814273-97-000019 Sample Contracts

Exhibit 10.5 - Business Loan Agreement between Bank of the Cascades and Lion Golf of Oregon, Inc., dated December 16, 1994 BANK OF THE CASCADES BUSINESS LOAN AGREEMENT
Business Loan Agreement • December 23rd, 1997 • Quadrax Corp • Abrasive, asbestos & misc nonmetallic mineral prods • Oregon

THIS BUSINESS LOAN AGREEMENT between LION GOLF OF OREGON INC ("Borrower") and BANK OF THE CASCADES ("Lender") is made and executed 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 and other financial accommodations, Including those which may be described on any exhibit or schedule attached to this Agreement. All such loans and financial accommodations, together with all future loans and financial accommodations from Lender to Borrower, are referred to in this Agreement Individually as the "Loan" and collectively as the "Loans." 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

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