Progress Payment Loan and Security Agreement Principal Amount: $2,500,000.00 Interest Rate: Prime + 0.00%Progress Payment Loan and Security Agreement • April 30th, 2020 • Repro Med Systems Inc • Surgical & medical instruments & apparatus • New York
THIS PROGRESS PAYMENT LOAN AND SECURITY AGREEMENT dated as of April 20, 2020 (“Agreement”) is made by and between KEY EQUIPMENT FINANCE, A DIVISION OF KEYBANK NATIONAL ASSOCIATION, (“KEF”), and REPRO MED SYSTEMS, INC., a New York Corporation, with a principal address at 24 CARPENTER RD, CHESTER, NY 10918-1057 (“Borrower”).
LOAN AGREEMENTLoan Agreement • April 30th, 2020 • Repro Med Systems Inc • Surgical & medical instruments & apparatus
THIS LOAN AGREEMENT (“Agreement”) is made on April 20, 2020, between the REPRO MED SYSTEMS, INC. and KEYBANK NATIONAL ASSOCIATION identified in the SBA Approval issued by the U.S. Small Business Administration (“SBA”) to Lender, dated April 12, 2020 SBA Loan Number 40340571-03 (“Approval”).
COMMERCIAL SECURITY AGREEMENTCommercial Security Agreement • April 30th, 2020 • Repro Med Systems Inc • Surgical & medical instruments & apparatus • New York
References in the boxes above are for the Lender’s use only and do not limit the applicability of this document to any particular loan or item. Any item above containing “***” has been omitted due to text length limitations.
ContractMaster Security Agreement • April 30th, 2020 • Repro Med Systems Inc • Surgical & medical instruments & apparatus
THIS MASTER SECURITY AGREEMENT (this “Agreement”) dated as of April 20, 2020 is made by and between REPRO MED SYSTEMS, INC., a New York Corporation, with a principal address at 24 CARPENTER RD, CHESTER, NY 10918-1057 (“Borrower”), and KEY EQUIPMENT FINANCE, A DIVISION OF KEYBANK NATIONAL ASSOCIATION, having an office at 1000 S MCCASLIN BLVD, Superior, CO 800279437 (“KEF”).
