Hanford Area Economic Investment Fund Committee Loan AgreementLoan Agreement • June 21st, 2006 • IsoRay, Inc. • Surgical & medical instruments & apparatus • Washington
THIS LOAN AGREEMENT (the “Agreement”) is made and entered into this 15 day of June, 2006, by and among the Hanford Area Economic Investment Fund Committee (the “Lender”), and IsoRay Medical, Inc. a wholly owned subsidiary of IsoRay, Inc. a Delaware Corporation, (the “Borrower/s”) (collectively the “Parties”).
COMMERCIAL SECURITY AGREEMENTCommercial Security Agreement • June 21st, 2006 • IsoRay, Inc. • Surgical & medical instruments & apparatus
Grant of Security Interest: For value received, and to secure both the payment of the indebtedness owed to Lender and the performance of the obligations under this Security Agreement and any Related Documents, and in accordance with the definitions and terms set forth below. Borrower grants Lender a security interest in all of the following Collateral:
