BUSINESS LOAN AGREEMENTBusiness Loan Agreement • November 12th, 2009 • VCG Holding Corp • Services-amusement & recreation services • Colorado
THIS BUSINESS LOAN AGREEMENT dated August 15, 2009, is made and executed between VCG Holding Corp.; and Lowrie Management, LLLP (“Borrower”) and Citywide Banks (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending and 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 sold judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
CHANGE IN TERMS AGREEMENTChange in Terms Agreement • November 12th, 2009 • VCG Holding Corp • Services-amusement & recreation services
Assignment of Life Insurance Policy Number XXXXXXXX in the amount of $15,000,000.00 on the Life of Troy H. Lowrie issued by Security Life of Denver Insurance Company.
