Banc of America Leasing & Capital, LLC Master Loan and Security Agreement Number: 25030-70000Master Loan and Security Agreement • November 9th, 2012 • Primoris Services Corp • Water, sewer, pipeline, comm & power line construction
This Master Loan and Security Agreement, dated as of November 1, 2012 (this “Agreement”), is by and between Banc of America Leasing & Capital, LLC, a Delaware limited liability company having an office at 2059 Northlake Parkway, 3 North, Tucker, GA 30084 (together with its successors and assigns, “Lender”), and Stellaris LLC as “Borrower”, a limited liability company existing under the laws of the state of Nevada, and having its chief executive office and any organizational identification number as specified with its execution of this Agreement below. Certain defined terms used herein are identified in bold face and quotation marks throughout this Agreement and in Section 14 below. This Agreement sets forth the terms and conditions for the financing of Equipment between Lender and Borrower pursuant to one or more “Equipment Notes” incorporating by reference the terms of this Agreement, together with all exhibits, addenda, schedules, certificates, riders and other documents and instrume
Addendum to Master Loan and Security Agreement No.: 25030-70000Master Loan and Security Agreement • November 9th, 2012 • Primoris Services Corp • Water, sewer, pipeline, comm & power line construction
This Addendum (the “Addendum”) is an addendum to that certain Master Loan and Security Agreement No. 25030-70000 dated as of November 1, 2012 (the “Agreement”) by and between Banc of America Leasing & Capital, LLC (“Lender”) and Stellaris LLC (“Borrower”), who have determined that it is to their mutual benefit to make certain amendments to the Agreement and each of the Loans and Related Agreements in connection therewith (collectively, the “Loan Documents”). The parties hereto desire that each of the entities executing this Addendum as a Co-Borrower below (together with the Borrower, each a “Co-Borrower” and collectively the “Co-Borrowers”) be and become a party to each of the Loan Documents as of the effective dates thereof. All capitalized terms used herein without definition shall have the respective meaning assigned or referred to them in the Agreement. Accordingly, for good and valuable consideration, intending to be legally bound and pursuant to the terms and conditions of the Ag
Banc of America Leasing & Capital, LLC Equipment Security Note Number 70001Equipment Security Note • November 9th, 2012 • Primoris Services Corp • Water, sewer, pipeline, comm & power line construction
This Equipment Security Note No. 70001, dated as of November 1, 2012, (this “Equipment Note”), is entered into pursuant to and incorporates by this reference all of the terms and provisions of that certain Master Loan and Security Agreement No. 25030-70000 dated as of November 1, 2012 (the “Master Agreement”), by and between Banc of America Leasing & Capital, LLC (“Lender”) and Stellaris LLC (“Co-Borrower”), James Construction Group, L.L.C. (“Co-Borrower”), Miller Springs Materials, L.L.C. (“Co-Borrower”) and Primoris Energy Services Corporation (“Co-Borrower”), (each a Co-Borrower herein, together referred to as “Borrower”). All capitalized terms used herein and not defined herein shall have the respective meanings assigned to such terms in the Master Agreement. If any provision of this Equipment Note conflicts with any provision of the Master Agreement, the provisions contained in this Equipment Note shall prevail. Borrower hereby authorizes Lender to insert the serial numbers and ot
