SECURED CREDITOR ASSET PURCHASE AGREEMENT PRIVATE UCC SALESecured Creditor Asset Purchase Agreement • July 9th, 2013 • XZERES Corp. • Engines & turbines • Colorado
This SECURED CREDITOR ASSET PURCHASE AGREEMENT PRIVATE UCC SALE (the “Agreement”) is hereby entered into on July 2, 2013 (the “Effective Date”), by and between SILICON VALLEY BANK, a California state-chartered bank (“Seller”), pursuant to C.R.S. § 9-617 for itself and for and on behalf of SOUTHWEST WINDPOWER, INC., a Delaware corporation (“Borrower”), with an address of 3003 Tasman Drive, Santa Clara, California 95054, and XZERES CORP, a Nevada corporation (the “Purchaser”), with principal offices located at 9025 SW Hillman Ct., Suite 3126, Wilsonville, Oregon 97070.
