PURCHASE AND SALE AGREEMENT BETWEEN SUMMITBRIDGE NATIONAL INVESTMENTS VI LLC (“SUMMITBRIDGE”) ABTV, IN ITS CAPACITY AS COURT-APPOINTED RECEIVER ORDERED BY THE COURT OF COMMON PLEAS OF CHESTER COUNTY, PENNSYLVANIA ON MARCH 6, 2020 IN THE MATTER OF...Purchase and Sale Agreement • March 26th, 2020 • Amerinac Holding Corp. • Wholesale-hardware • New York
THIS PURCHASE AND SALE AGREEMENT (“Agreement”), made as of the 20th day of March, 2020 (the “Effective Date”), between SUMMITBRIDGE NATIONAL INVESTMENTS VI LLC, a Delaware limited liability company (“SummitBridge”), having an office at 1700 Lincoln Street, Suite 2150, Denver, Colorado 80203, ABTV IN ITS CAPACITY AS COURT-APPOINTED RECEIVER (“Receiver”) ORDERED BY THE COURT OF COMMON PLEAS OF CHESTER COUNTY, PENNSYLVANIA ON MARCH 6, 2020 (the “Receiver Order”) IN THE MATTER OF SUMMITBRIDGE NATIONAL INVESTMENTS VI LLC V. ADVANCED METALS GROUP, LLC, ET AL. (the “Action”), CASE NO. 2020-02461-MJ having an office at 6100 Fairview Road, Suite 565, Charlotte, North Carolina 28210, USAC ROSS LLC (“USAC Ross”) and USAC WA LLC (“USAC WA” and, collectively with USAC Ross, the “Purchaser”), each a Delaware limited liability company having an office at: c/o Amerinac Holding Corp., 5936 State Route 159, Chillicothe, Ohio 45601.
LOAN AND SECURITY AGREEMENTLoan Agreement • March 26th, 2020 • Amerinac Holding Corp. • Wholesale-hardware
This LOAN AND SECURITY AGREEMENT dated as of March 20, 2020 (the “Agreement”), is executed by and among USAC ROSS LLC, a Delaware limited liability company having an address at c/o Amerinac Holding Corp., 5936 State Route 159, Chillicothe, Ohio 45601 (“USAC Ross”), USAC WA LLC, a Delaware limited liability company having an address at c/o Amerinac Holding Corp., 5936 State Route 159, Chillicothe, Ohio 45601 (“USAC WA” and, together with USAC Ross, the “Borrowers” and each a “Borrower”), and SUMMITBRIDGE NATIONAL INVESTMENTS VI LLC (the “Lender”), whose address is 1700 Lincoln Street, Suite 2150, Denver, Colorado 80203.
