Letter Agreement between MBF Healthcare Acquisition, Corp. and MBF Healthcare Management, LLCLetter Agreement • August 14th, 2008 • MBF Healthcare Acquisition Corp. • Blank checks • Florida
This Letter Agreement (“Agreement”) is entered into August 7, 2008, by and between MBFHM and Borrower, and shall evidence a non-revolving line of credit established by MBFHM in favor of Borrower (the “Loan”) in the maximum principal amount of Three Hundred Thousand Dollars ($300,000.00). Relying upon the covenants, agreements, representations and warranties contained in this Agreement, MBFHM is willing to extend credit to Borrower upon the terms and subject to the conditions set forth herein, and MBFHM and Borrower agree as follows:
