INTERCREDITOR AND SUBORDINATION AGREEMENTIntercreditor and Subordination Agreement • August 19th, 2008 • TXP Corp • Electronic & other electrical equipment (no computer equip) • Texas
This INTERCREDITOR AND SUBORDINATION AGREEMENT (this “Agreement”) is made effective as of August 13, 2008 by and among TXP CORPORATION, a Nevada corporation (the “Borrower”), LANDRY MARKS LP, a Texas limited partnership (“Landry Marks”), and YA GLOBAL INVESTMENTS, L.P., (formerly known as Cornell Capital Partners, LP), a Cayman Islands exempted limited partnership (“YA Global”), and all other parties as Creditors or participants who may now or hereinafter join in and consent to the terms and conditions of this Agreement and do thereby agree to be bound by this Agreement in respect of the terms hereof.
FACTORING AND SECURITY AGREEMENTFactoring and Security Agreement • August 19th, 2008 • TXP Corp • Electronic & other electrical equipment (no computer equip) • Texas
THIS FACTORING AND SECURITY AGREEMENT is made as of August 13, 2008 by and between TXP CORPORATION, a Nevada Corporation (“Seller”) and LANDRY MARKS PARTNERS LP, a Texas limited partnership (“Purchaser”).
