LOAN AND SECURITY AGREEMENTLoan and Security Agreement • October 1st, 2012 • Axesstel Inc • Communications equipment, nec • Nevada
Contract Type FiledOctober 1st, 2012 Company Industry JurisdictionThis LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of September 25, 2012 (the “Effective Date”) is between SILICON VALLEY BANK, a California corporation (“Bank”), and AXESSTEL, INC. a Nevada corporation (“Borrower”), and provides the terms on which Bank shall lend to Borrower, and Borrower shall repay Bank. The parties agree as follows: