LOAN AGREEMENT Dated as of December 30, 2011 By and Among ASTA FUNDING ACQUISITION I, LLC; ASTA FUNDING ACQUISITION II, LLC; PALISADES COLLECTION, L.L.C.; PALISADES ACQUISITION I, LLC; PALISADES ACQUISITION II, LLC; PALISADES ACQUISITION IV, LLC;...Loan Agreement • January 6th, 2012 • Asta Funding Inc • Short-term business credit institutions • New York
THIS LOAN AGREEMENT (this “Agreement”) is executed and entered into as of December 30, 2011 (and shall be effective as of the Effective Date) by and among ASTA FUNDING ACQUISITION I, LLC, a Delaware limited liability company, ASTA FUNDING ACQUISITION II, LLC, a Delaware limited liability company, PALISADES COLLECTION, L.L.C. , a Delaware limited liability company, PALISADES ACQUISITION I, LLC, a Delaware limited liability company, PALISADES ACQUISITION II, LLC, a Delaware limited liability company, PALISADES ACQUISITION IV, LLC, a Delaware limited liability company, PALISADES ACQUISITION VIII, LLC, a Delaware limited liability company, PALISADES ACQUISITION IX, LLC, a Delaware limited liability company, PALISADES ACQUISITION X, LLC, a Delaware limited liability company, CLIFFS PORTFOLIO ACQUISITION I, LLC, a Delaware limited liability company, SYLVAN ACQUISITION I, LLC, a Delaware limited liability company, and OPTION CARD, LLC, a Colorado limited liability company (sometimes collectiv
PLEDGE AGREEMENTPledge Agreement • January 6th, 2012 • Asta Funding Inc • Short-term business credit institutions • New York
This PLEDGE AGREEMENT, dated as of December 30, 2011 (together with all amendments, if any, from time to time hereto, this “Agreement”), is made by THE PLEDGOR SIGNATORY HERETO AND EACH ADDITIONAL PARTY THAT BECOMES A PLEDGOR HERETO PURSUANT TO SECTION 22 HEREOF (together with their respective successors and assigns, collectively, “Pledgors” and each individually, “Pledgor”), for the use and benefit, and in favor, of BANK LEUMI USA, a New York banking corporation (“Lender”).
SECURITY AGREEMENT (Guarantor)Security Agreement • January 6th, 2012 • Asta Funding Inc • Short-term business credit institutions • New York
THIS SECURITY AGREEMENT (together with all amendments and other modifications, if any from time to time hereto, this “Security Agreement”), is dated as of December 30, 2011, by and among EACH OF THE GRANTORS SIGNATORY HERETO AND EACH ADDITIONAL PARTY THAT BECOMES A GRANTOR HERETO PURSUANT TO SECTION 24 HEREOF (together with their respective successors and assigns, collectively “Grantors” and each individually “Grantor”), and BANK LEUMI USA, a New York banking corporation (“Lender”).
GUARANTYGuaranty • January 6th, 2012 • Asta Funding Inc • Short-term business credit institutions • New York
This GUARANTY, together with all amendments and other modifications, if any from time to time hereto (this “Guaranty”), is dated as of December 30, 2011, by and among the Guarantors identified as such on the signature page hereof and each additional party that becomes a Guarantor hereof pursuant to Section 12 hereof (each, a “Guarantor” and collectively, “Guarantors”), and BANK LEUMI USA, a New York banking corporation (“Lender”).
