0001102624-14-001725 Sample Contracts

COMMERCIAL PLEDGE AGREEMENT
Commercial Pledge Agreement • October 29th, 2014 • Pure Cycle Corp • Water supply • Colorado

THIS COMMERCIAL PLEDGE AGREEMENT dated October 27, 2014, is made and executed among Pure Cycle Corporation; and PCY Holdings, LLC ("Grantor"); Pure Cycle Corporation ("Borrower"); and The First National Bank of Las Animas ("Lender").

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