LOAN AND SECURITY AGREEMENT between SECUREALERT, INC., SECUREALERT MONITORING, INC., and MIDWEST MONITORING AND SURVEILLANCE, INC., as Borrowers, and SAPINDA UK LIMITED, as Lender and Agent Dated as of August 19, 2011Loan and Security Agreement • August 25th, 2011 • SecureAlert, Inc. • Communications equipment, nec • New York
This LOAN AND SECURITY AGREEMENT (“Agreement”) is dated as of August 19, 2011, and entered into by and among SECUREALERT, INC., a Utah corporation (“SecureAlert”), SECUREALERT MONITORING, INC., a Utah corporation (“SMI”) and MIDWEST MONITORING AND SURVEILLANCE, INC., a Minnesota corporation (“Midwest” and together with SecureAlert and SMI, collectively the “Borrowers” and each singularly a “Borrower”), each with a mailing address of 150 West Civic Center Drive, Suite 400, Sandy, Utah 84070, and SAPINDA UK LIMITED, a limited liability company organized under the laws of the United Kingdom, as “Lender” and as “Agent” (each as defined below), with a mailing address of 25 Park Lane, W1K 1RA, London, United Kingdom.
