March 28, 2007 FACILITY AGREEMENT between Conquistador Investments Limited as the Lender and Advance Homeland Security PLC` as the BorrowerFacility Agreement • March 30th, 2007 • Advance Nanotech, Inc. • Investors, nec • England and Wales
The parties wish to enter into this Facility Agreement. The Lender has agreed to provide the Borrower with a secured loan of up to GBP £6,000,000 on the following terms and subject to the following conditions.
March 27, 2007 Directors Jano Holdings Limited International Commercial Centre, Suite F8 Main Road Casemates, Gibraltar Re: Facility Agreement, Debenture & Warrants for Advance Nanotech Dear Sirs:Facility Agreement • March 30th, 2007 • Advance Nanotech, Inc. • Investors, nec
On May 3rd 2004, JANO HOLDINGS LIMITED (“JANO”) first made available to Advance Nanotech, Inc. (the “Company”) a senior secured facility (the “Credit Facility”), pursuant to which JANO made available to the Company one or more loans in the aggregate principal amount of up to Twenty Million Dollars ($20,000,000) dollars. The Company has repaid the principal and interest outstanding on the Credit Facility.
Dated March 28, 2007 DEBENTURE between Advance Homeland Security PLC and Conquistador Investments LimitedDebenture • March 30th, 2007 • Advance Nanotech, Inc. • Investors, nec • England and Wales
Administrator: an administrator appointed to manage the affairs, business and property of the Borrower pursuant to paragraph 15 of Schedule 4.
