SECURITY AGREEMENTSecurity Agreement • December 17th, 2008 • Advanced Growing Systems, Inc. • Wholesale-miscellaneous nondurable goods • New York
THIS SECURITY AGREEMENT (the “Agreement”) is made as of December 10, 2008 by and among ADVANCED GROWING SYSTEMS, INC., Nevada corporation (the “Company”), and the secured party hereto and its respective endorsees, transferees and assigns (the “Secured Party”).
NOTE PURCHASE AGREEMENTNote Purchase Agreement • December 17th, 2008 • Advanced Growing Systems, Inc. • Wholesale-miscellaneous nondurable goods • New York
THIS NOTE PURCHASE AGREEMENT (this “Agreement”), dated as of December 10, 2008, is by and between ADVANCED GROWING SYSTEMS, INC., a Nevada corporation, (the “Company”), and CCM PARTNERS FUND, LP, a Cayman Islands Exempted Limited Partnership (the “Investor”). The Company and the Investor hereby agree as follows:
GUARANTYNote Purchase Agreement • December 17th, 2008 • Advanced Growing Systems, Inc. • Wholesale-miscellaneous nondurable goods • New York
THIS GUARANTY (“Guaranty”) is made December 10, 2008 by the undersigned (the “Guarantor”), in favor of CCM PARTNERS FUND, LP, a Cayman Islands Exempted Limited Partnership, (the “Investor”) of the 18% Subordinated Secured Notes (the “Notes”) pursuant to the Note Purchase Agreement and the Exhibits thereto dated even date herewith (the “Note Purchase Agreement”) (collectively, the “Loan Documents”) from ADVANCED GROWING SYSTEMS, INC., a Nevada corporation, (the “Company”).
SECURITY AGREEMENT -- SUBSIDIARYSecurity Agreement • December 17th, 2008 • Advanced Growing Systems, Inc. • Wholesale-miscellaneous nondurable goods • New York
THIS SECURITY AGREEMENT (the “Agreement”) is made as of December 10, 2008 by and among ORGANIC GROWING SYSTEMS, INC., a Texas corporation, (the “Subsidiary”), and the secured party hereto and its respective endorsees, transferees and assigns (the “Secured Party”).
