SECURED NON-REVOLVING LINE OF CREDIT LOAN AGREEMENT by and between LOOP MEDIA, INC. and LENDER Dated as of March 28, 2024 SECURED NON-REVOLVING LINE OF CREDIT LOAN AGREEMENTSecured Non-Revolving Line of Credit Loan Agreement • April 3rd, 2024 • Loop Media, Inc. • Services-help supply services • Florida
This Secured Non-Revolving Line of Credit Loan Agreement (this "Agreement") is dated as of March 28, 2024 (“Effective Date”), by and between LOOP MEDIA, INC., a Nevada corporation ("Borrower") and Excel Family Partners, LLLP, a Florida limited liability limited partnership with a principal place of business at ____________________ (the “Lender”).
SUBORDINATION AGREEMENTSubordination Agreement • April 3rd, 2024 • Loop Media, Inc. • Services-help supply services • Texas
This Subordination Agreement (this “Agreement”) is entered into as of March 28, 2024, by and between Excel Family Partners, LLLP, a Florida limited liability limited partnership with a principal place of business at ____________________ (“Subordinated Lender”), and GemCap Solutions, LLC, a Delaware limited liability company with offices at ____________________ as successor and assign to Industrial Funding Group, Inc. (the “Senior Lender”). Unless otherwise defined herein, capitalized terms used herein shall have the meaning provided to such terms in the Senior Lender Loan Agreement referred to below.
