WITNESSETHLoan Agreement • January 4th, 2006 • PDG Environmental Inc • Hazardous waste management • Pennsylvania
EXHIBIT 10.1 TWELFTH MODIFICATION OF OPEN-END MORTGAGE AND SECURITY AGREEMENT This TWELFTH MODIFICATION OF OPEN-END MORTGAGE AND SECURITY AGREEMENT is made as of the 30th day of December, 2005, by and between PROJECT DEVELOPMENT GROUP, INC., a...Open-End Mortgage and Security Agreement • January 4th, 2006 • PDG Environmental Inc • Hazardous waste management
2,000,000 Pittsburgh, Pennsylvania December 30, 2005 FOR VALUE RECEIVED, the undersigned, PDG Environmental, Inc., a Delaware corporation, Project Development Group, Inc., a Pennsylvania corporation, Enviro-Tech Abatement Services, Co., a North...Overline Facility D Note • January 4th, 2006 • PDG Environmental Inc • Hazardous waste management
FOR VALUE RECEIVED, the undersigned, PDG Environmental, Inc., a Delaware corporation, Project Development Group, Inc., a Pennsylvania corporation, Enviro-Tech Abatement Services, Co., a North Carolina corporation, and PDG, Inc., a Pennsylvania corporation (collectively and jointly and severally, "Borrowers"), hereby jointly and severally promise to pay to the order of Sky Bank, an Ohio banking institution having an office at 101 East Washington Street, New Castle, Pennsylvania 16103 ("Bank"), on or before the Overline Expiry Date, and at such earlier dates as may be required by the Loan Agreement (as defined below), the lesser of (i) the principal sum of Two Million and 00/100 Dollars ($2,000,000.00), or (ii) the aggregate unpaid principal amount of all Overline Loans made by Bank to Borrower pursuant to the Loan Agreement. Borrowers hereby further jointly and severally promise to pay to the order of Bank interest on the unpaid principal amount of this Overline Facility D Note from tim
