Guaranty As of June ___, 1999, the undersigned, for value received, unconditionally and absolutely guarantee(s) to Comerica Bank ("Bank"), a Michigan banking corporation, payment when due, whether by stated maturity, demand, acceleration or otherwise,...Guaranty • May 1st, 2000 • Ajay Sports Inc • Sporting & athletic goods, nec
Contract Type FiledMay 1st, 2000 Company Industry
Security Agreement (All Assets) As of June __, 1999, for value received, the undersigned ("Debtor") grants to Comerica Bank ("Bank"), a Michigan banking corporation, a continuing security interest in the Collateral (as defined below) to secure payment...Security Agreement • May 1st, 2000 • Ajay Sports Inc • Sporting & athletic goods, nec • Michigan
Contract Type FiledMay 1st, 2000 Company Industry Jurisdiction
THIS SUBORDINATED PROMISSORY NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION UNDER SUCH ACT AND THE RULES...Subordinated Promissory Note • May 1st, 2000 • Ajay Sports Inc • Sporting & athletic goods, nec
Contract Type FiledMay 1st, 2000 Company Industry
RECITALSCredit Agreement • May 1st, 2000 • Ajay Sports Inc • Sporting & athletic goods, nec
Contract Type FiledMay 1st, 2000 Company Industry
RECITALSCredit Agreement • May 1st, 2000 • Ajay Sports Inc • Sporting & athletic goods, nec
Contract Type FiledMay 1st, 2000 Company Industry
Subordination Agreement (All Indebtedness and Liens) _____________________________("Borrower") is indebted to the undersigned ("Creditor") in the principal sum of__________________________________ Dollars ($____________ ) evidenced by an open account...Subordination Agreement • May 1st, 2000 • Ajay Sports Inc • Sporting & athletic goods, nec • Michigan
Contract Type FiledMay 1st, 2000 Company Industry Jurisdiction
Amendment No. 2 to Note This Amendment to Note ("Amendment"), made, delivered, and effective as of November 8, 1999, by and between Pro Golf International, Inc. ("Borrower") and COMERICA BANK ("Bank"). WHEREAS, Borrower and Bank are parties to that...Master Revolving Note • May 1st, 2000 • Ajay Sports Inc • Sporting & athletic goods, nec
Contract Type FiledMay 1st, 2000 Company Industry
Amendment to Note This Amendment to Note ("Amendment"), made, delivered, and effective as of September 7, 1999, by and between Pro Golf International, Inc. ("Borrower") and COMERICA BANK ("Bank"). WHEREAS, Borrower and Bank are parties to that certain...Master Revolving Note Amendment • May 1st, 2000 • Ajay Sports Inc • Sporting & athletic goods, nec
Contract Type FiledMay 1st, 2000 Company Industry
Amendment No. 3 to Note and Waiver This Amendment to Note and Waiver ("Amendment"), made, delivered, and effective as of March 15, 2000, by and between Pro Golf International, Inc. ("Borrower") and COMERICA BANK ("Bank"). WHEREAS, Borrower and Bank...Amendment to Note and Waiver • May 1st, 2000 • Ajay Sports Inc • Sporting & athletic goods, nec
Contract Type FiledMay 1st, 2000 Company Industry