Banc of America Leasing & Capital, LLC Master Loan and Security Agreement Number: 26577-70000Master Loan and Security Agreement • March 3rd, 2014 • Primoris Services Corp • Water, sewer, pipeline, comm & power line construction
This Master Loan and Security Agreement, dated as of December 6, 2013 (this “Agreement”), is by and between Banc of America Leasing & Capital, LLC, a Delaware limited liability company having an office at One Financial Plaza, Providence, RI 02903 (together with its successors and assigns, “Lender”), and Stellaris LLC (as “Borrower”), a Limited Liability Corporation 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 instrument
Banc of America Leasing & Capital, LLC Equipment Security Note Number: 001Equipment Security Note • March 3rd, 2014 • Primoris Services Corp • Water, sewer, pipeline, comm & power line construction
This Equipment Security Note No. 001, dated as of December 6, 2013, (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. 26577-70000 dated as of December 6, 2013 (the “Master Agreement”), by and between Banc of America Leasing & Capital, LLC (“Lender”) and Stellaris LLC (“Co-Borrower”), Arb, Inc. (“Co-Borrower”), James Construction Group, L.L.C. (“Co-Borrower”)and Rockford 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 other identification data of the Equipment,
