Guaranty (Guarantor Name)Guaranty • March 5th, 2024 • Applied Digital Corp. • Services-computer processing & data preparation • North Dakota
This Guaranty ("Guaranty"), dated this 28th day of February, 2024, is made by [GUARANTOR NAME], a [___] (the "Guarantor"), having an office at 3811 Turtle Creek Blvd., Ste. 2100, Dallas, TX 75219, in favor and for the benefit of CORNERSOTNE BANK, a North Dakota state chartered bank (the “Lender”), having an office at 2280 45th St. S., Fargo, ND 58104.
SECURITY AGREEMENTSecurity Agreement • March 5th, 2024 • Applied Digital Corp. • Services-computer processing & data preparation • North Dakota
This SECURITY AGREEMENT, dated as of February 28, 2024 (as amended, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this "Agreement"), is made by and among APLD GPU-01, LLC, a Delaware limited liability company whose address is 3811 Turtle Creek Blvd, Ste 2100, Dallas, TX 75219 (the "Grantor"), in favor of CORNERSTONE BANK, a North Dakota state chartered bank, whose address is 2280 45th St S, Fargo, ND 58104 (the "Secured Party").
LOAN AGREEMENTLoan Agreement • March 5th, 2024 • Applied Digital Corp. • Services-computer processing & data preparation • North Dakota
This Loan Agreement, made this 28th day of February, 2024 between CORNERSTONE BANK, a North Dakota state chartered bank, whose address is 2280 45th St. S., Fargo, ND 58104 (“Lender”), and APLD GPU-01, LLC, a Delaware limited liability company, whose address is 3811 Turtle Creek Blvd., Ste 2100, Dallas, TX 75219 (“Borrower”).
