COMMERCIAL SECURITY AGREEMENT The date of this Commercial Security Agreement (Agreement) is APRIL 12, 2002 . ------------------ SECURED DEBTS. This Agreement will secure all sums advanced by Secured Party under the terms of this Agreement and the...Security Agreement • May 15th, 2002 • Overhill Corp • Wholesale-construction & mining (no petro) machinery & equip
[X] All Debt(s). All present and future debts, even if this Agreement is not referenced, the debts are also secured by other collateral, or the future debt is unrelated to or of a different type than the current debt. Nothing in this Agreement is a commitment to make future loans or advances.
LOAN AGREEMENT April 12, 2002Loan Agreement • May 15th, 2002 • Overhill Corp • Wholesale-construction & mining (no petro) machinery & equip • Texas
UNCONDITIONAL AND CONTINUING GUARANTY (the "GUARANTY") BY: OVERHILL CORP ------------- (hereinafter the "GUARANTOR") For good and valuable consideration, the receipt of which is hereby acknowledged, and to induce BANCORPSOUTH BANK, a Mississippi...Overhill Corp • May 15th, 2002 • Wholesale-construction & mining (no petro) machinery & equip • Texas
Exhibit 10.10 MUTUAL RELEASE THIS MUTUAL RELEASE (hereinafter "Agreement") is entered into by and between Harold Estes, a resident of the State of Texas (hereinafter "Estes"), Overhill Corporation, a corporation duly authorized and existing pursuant...Mutual Release • May 15th, 2002 • Overhill Corp • Wholesale-construction & mining (no petro) machinery & equip
THIS MUTUAL RELEASE (hereinafter "Agreement") is entered into by and between Harold Estes, a resident of the State of Texas (hereinafter "Estes"), Overhill Corporation, a corporation duly authorized and existing pursuant to the laws of the state of Nevada and Overhill Farms, Inc., a corporation duly authorized and existing pursuant to the laws of the state of Nevada effective as of the 30th day of September 1999. This Agreement shall be attached to and become a material part of that certain Amended Renewal Promissory Note executed by Overhill Corporation in favor of Estes effective as of the 30th day of September 1999 (hereinafter the "Note").
[ ] Open End Credit: You and I agree that I may borrow up to the maximum amount of principal more than one time. This feature is subject to all other conditions and expires on . ------------------------------------- [ ] Closed End Credit: You and I...Overhill Corp • May 15th, 2002 • Wholesale-construction & mining (no petro) machinery & equip
SIGNATURES: I AGREE TO THE TERMS OF THERE ARE NO UNWRITTEN ORAL THIS NOT (INCLUDING THOSE ON PAGE 2). AGREEMENTS BETWEEN THE PARTIES. I have received a copy on today's date.
COMMERCIAL SECURITY AGREEMENT ------------------------------------------------- ------------------------------- This Commercial Security Agreement (Security Agreement) is an Addendum to a Commercial Loan Agreement, dated 04-12-2002. (Loan Agreement)...Security Agreement • May 15th, 2002 • Overhill Corp • Wholesale-construction & mining (no petro) machinery & equip
Conditions: The condition for future advances are ------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- [ ] Open End...Overhill Corp • May 15th, 2002 • Wholesale-construction & mining (no petro) machinery & equip
For value received, I promise to you, or your order, at your address listed above the PRINCIPAL sum of ONE MILLION FIVE HUNDRED THOUSAND DOLLARS AND 00 ---------------------------------------------------- CENTS Dollars $ $1,500,000.00 ------ -----------------
Exhibit 10.4 Letter Loan Agreement In conjunction with the loans from BancorpSouth (Lender) secured by inventory in the amounts of $1,500,000 and $500,000 dated April 12, 2002 and maturing on April 12, 2004 and June 11, 2002 respectively, Texas...Letter Loan Agreement • May 15th, 2002 • Overhill Corp • Wholesale-construction & mining (no petro) machinery & equip
In conjunction with the loans from BancorpSouth (Lender) secured by inventory in the amounts of $1,500,000 and $500,000 dated April 12, 2002 and maturing on April 12, 2004 and June 11, 2002 respectively, Texas Timberjack, Inc. (Borrower) agrees to the following:
