0000892303-14-000011 Sample Contracts

ARTICLE I CREDIT TERMS
Credit Agreement • June 19th, 2014 • Industrial Services of America Inc /Fl • Sanitary services • Kentucky
AutoNDA by SimpleDocs
Exhibit 10.4 TERM NOTE
Industrial Services of America Inc /Fl • June 19th, 2014 • Sanitary services

FOR VALUE RECEIVED, INDUSTRIAL SERVICES OF AMERICA, INC., a Florida corporation ("Parent"), ISA INDIANA, INC., an Indiana corporation ("ISA Inc."), and ISA LOGISTICS LLC, a Kentucky limited liability company ("ISA Logistics"; Parent, ISA Inc., and ISA Logistics, collectively referred to herein as "Borrowers" and individually as a "Borrower"), hereby promises to pay to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association (together with its successors and assigns, "Lender"), at the place and times provided in the Credit Agreement referred to below, the principal sum of TWO MILLION EIGHT HUNDRED THOUSAND AND NO/100 DOLLARS ($2,800,000.00) or the principal amount of the Term Loan made by Lender pursuant to that certain Credit Agreement dated the date hereby by and among Borrowers, certain affiliates of Borrowers, and Lender (as the same may be amended, restated, supplemented, or otherwise modified from time to time, the "Credit Agreement"). Capitalized terms

REVOLVING NOTE
Industrial Services of America Inc /Fl • June 19th, 2014 • Sanitary services

FOR VALUE RECEIVED, INDUSTRIAL SERVICES OF AMERICA, INC., a Florida corporation ("Parent"), ISA INDIANA, INC., an Indiana corporation ("ISA Inc."), and ISA LOGISTICS LLC, a Kentucky limited liability company ("ISA Logistics"; Parent, ISA Inc., and ISA Logistics, collectively referred to herein as "Borrowers" and individually as a "Borrower"), each hereby promise to pay, on a joint and several basis, to the order of WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association (together with its successors and assigns, "Lender"), at the place and times provided in the Credit Agreement referred to below, the principal sum of FIFTEEN MILLION AND NO/100 DOLLARS ($15,000,000.00) or the principal amount of all revolving Advances made by Lender from time to time pursuant to that certain Credit Agreement dated the date hereof by and among Borrowers, certain affiliates of Borrowers, and Lender (as the same may be amended, restated, supplemented, or otherwise modified from time to time,

RECITALS
Securities Purchase Agreement • June 19th, 2014 • Industrial Services of America Inc /Fl • Sanitary services • Indiana
Time is Money Join Law Insider Premium to draft better contracts faster.