LOAN AND SECURITY AGREEMENT By and Between WESTERNBANK PUERTO RICO (BUSINESS CREDIT DIVISION) as Lender And INYX, INC. And INYX USA, LTD. as Borrowers Dated: MARCH 31, 2005Loan and Security Agreement • April 6th, 2005 • Inyx Inc • Pharmaceutical preparations • Puerto Rico
This Loan and Security Agreement, dated as of March 31, 2005, is entered into by and between Westernbank Puerto Rico, a Puerto Rico Banking corporation (“Lender”) and Inyx, Inc.(“Inyx”), a Nevada corporation and Inyx USA, Ltd.(“Inyx USA”), an Isle Of Man corporation(hereinafter referred to as “Borrower”).
FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENTLoan and Security Agreement • April 6th, 2005 • Inyx Inc • Pharmaceutical preparations
This First Amendment To Loan and Security Agreement, dated as of March 31, 2005 is entered into by and between Westernbank Puerto Rico, a Puerto Rico Banking corporation (“Lender”) and Inyx, Inc., a Nevada corporation and Inyx USA Ltd. and Isle of Man corporation(“Borrowers”).
RELEASE AGREEMENT March 31, 2005Release Agreement • April 6th, 2005 • Inyx Inc • Pharmaceutical preparations
This letter agreement refers to the proposed financing arrangements between Westernbank Puerto Rico (the “Bank”) and Inyx, Inc.(“Inyx”), Inyx Pharma, Ltd.(“Inyx Pharma”) and Inyx USA, Ltd. (“Borrowers”), pursuant to which the Bank may make loans and advances and may provide other financial accommodations to the Borrowers.
