BUSINESS LOAN AGREEMENTBusiness Loan Agreement • March 29th, 2006 • Super Vision International Inc • Drawing & insulating of nonferrous wire • Florida
THIS BUSINESS LOAN AGREEMENT dated February 10, 2006, is made and executed between Super Vision International, Inc. (“Borrower”) and RBC CENTURA BANK (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement (“Loan”). Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrowers representations, warranties, and agreements as set forth in this Agreement (B) the granting, renewing, or extending of any Loan by tender at all times shall be subject to Lender’s sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.
