Security AgreementSecurity Agreement • September 27th, 2022 • VerifyMe, Inc. • Miscellaneous chemical products
THIS SECURITY AGREEMENT (this “Agreement”), dated as of September 15, 2022, is made by and between PERISHIP GLOBAL LLC (the “Grantor”), with an address at 265 E MAIN ST, BRANFORD, CT 06405-3125, and PNC BANK, NATIONAL ASSOCIATION (the “Bank”), with an address at 200 Lake Drive East, 3rd Floor, Cherry Hill, New Jersey 08002.
Guaranty and Suretyship AgreementGuaranty and Suretyship Agreement • September 27th, 2022 • VerifyMe, Inc. • Miscellaneous chemical products
THIS GUARANTY AND SURETYSHIP AGREEMENT (this “Guaranty”) is made and entered into as of September 15, 2022, by VERIFYME, INC. (the “Guarantor”), with an address at CLINTON SQUARE, 75 SOUTH CLINTON AVENUE SUITE 510, ROCHESTER, NEW YORK 14604-1710, in consideration of the extension of credit by PNC BANK, NATIONAL ASSOCIATION (the “Bank”), with an address at 200 Lake Drive East, 3rd Floor, Cherry Hill, New Jersey 08002, to PERISHIP GLOBAL LLC (the “Borrower”), and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged.
Loan AgreementLoan Agreement • September 27th, 2022 • VerifyMe, Inc. • Miscellaneous chemical products
THIS LOAN AGREEMENT (the “Agreement”), is entered into as of September 15, 2022, between PERISHIP GLOBAL LLC, a Delaware limited liability company (the “Borrower”), with an address at 265 EAST MAIN ST, BRANFORD, CONNECTICUT 06405-3125, and PNC BANK, NATIONAL ASSOCIATION (the “Bank”), with an address at 200 Lake Drive East, 3rd Floor, Cherry Hill, New Jersey 08002.
Revolving Line of Credit Note (Daily SOFR) $1,000,000.00 September 15, 2022Revolving Line of Credit Note • September 27th, 2022 • VerifyMe, Inc. • Miscellaneous chemical products
FOR VALUE RECEIVED, PERISHIP GLOBAL LLC (the “Borrower”), with an address at 265 EAST MAIN ST, BRANFORD, CONNECTICUT 06405-3125, promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Bank”), in lawful money of the United States of America in immediately available funds at its offices located at 200 Lake Drive East, 3rd Floor, Cherry Hill, New Jersey 08002, or at such other location as the Bank may designate from time to time, the principal sum of $1,000,000.00 (the “Facility”) or such lesser amount as may be advanced to or for the benefit of the Borrower hereunder, together with interest accruing on the outstanding principal balance from the date hereof, all as provided below.
Term Note (Daily SOFR)Term Note • September 27th, 2022 • VerifyMe, Inc. • Miscellaneous chemical products
FOR VALUE RECEIVED, PERISHIP GLOBAL LLC (the “Borrower”), with an address at 265 EAST MAIN ST, BRANFORD, CONNECTICUT 06405-3125, promises to pay to the order of PNC BANK, NATIONAL ASSOCIATION (the “Bank”), in lawful money of the United States of America in immediately available funds at its offices located at 200 Lake Drive East, 3rd Floor, Cherry Hill, New Jersey 08002-9809, or at such other location as the Bank may designate from time to time, the principal sum of $2,000,000.00 (the “Facility”), together with interest accruing on the outstanding principal balance from the date hereof, all as provided below.
