SUBORDINATION AGREEMENTSubordination Agreement • March 22nd, 2011 • Graymark Healthcare, Inc. • Services-specialty outpatient facilities, nec • Oklahoma
THIS SUBORDINATION AGREEMENT (the “Agreement”) is effective March 16, 2011, among VALIANT INVESTMENTS, L.L.C., an Oklahoma limited liability company (the “Subordinated Lender”), APOTHECARYRX, LLC, an Oklahoma limited liability company (“ARX”), SDC HOLDINGS, LLC, an Oklahoma limited liability company (“SDC”) and GRAYMARK HEALTHCARE, INC., an Oklahoma corporation (“Graymark” and together with ARX and SDC, the “Borrowers”), in favor of ARVEST BANK, an Arkansas banking corporation (the “Lender”).
LOAN AGREEMENTLoan Agreement • March 22nd, 2011 • Graymark Healthcare, Inc. • Services-specialty outpatient facilities, nec • Oklahoma
THIS LOAN AGREEMENT (herein “Agreement”) is made as of the 16th day of March, 2011 by and between Valiant Investments, LLC, an Oklahoma limited liability company (“Lender”), whose address is 101 N. Robinson, Ste. 900 Oklahoma City, Oklahoma 73102 and Graymark Healthcare, Inc., an Oklahoma Corporation (the “Borrower”), whose address is 210 Park Avenue, Ste. 1350, Oklahoma City, OK 73102.
March 11, 2011 VIA EMAILGraymark Healthcare, Inc. • March 22nd, 2011 • Services-specialty outpatient facilities, nec
We are writing this letter in connection with the Amended and Restated Loan Agreement among Arvest Bank, Graymark Healthcare, Inc., and others dated effective December 17, 2010 (the “Loan Agreement”). Except as otherwise defined in this letter, capitalized terms used in this letter will have the same meaning as those terms are defined in the Loan Agreement.
