EQUIPMENT LEASE AGREEMENTEquipment Lease Agreement • November 17th, 2017 • Magnegas Corp • Special industry machinery, nec • Arizona
THIS EQUIPMENT LEASE AGREEMENT (“Lease”) is entered into as of November 15, 2017 (“Effective Date”), by and between Point Financial, Inc., an Arizona corporation, having its principal place of business at 3318 East Kachina Drive, Phoenix, Arizona 85044 (“Lessor”) and MagneGas Corporation, a Delaware corporation, having its principal place of business at 11885 44th Street North, Clearwater, Florida 33762 (“Lessee”).
SECURITY AGREEMENT (PFI General — Intellectual Property Collateral)Security Agreement • November 17th, 2017 • Magnegas Corp • Special industry machinery, nec • Arizona
THIS SECURITY AGREEMENT (“this Agreement” or “Security Agreement”) is entered into on November 15, 2017 (“Effective Date”) by and between MagneGas Corporation, a Delaware corporation (“Debtor”), as borrower and debtor, with and for the benefit of Point Financial, Inc., an Arizona corporation (“Lessor”), its transferees, and assigns, as lessor and secured party. (The Lessor and each subsequent transferee of or of any interest in the Lease Agreement described below, whether taking by endorsement or otherwise, are herein successively called “Secured Party.” Debtor and Secured Party are referenced collectively as the “Parties” and individually as a “Party”.)
LANDLORD LIEN SUBORDINATION AGREEMENTLandlord Lien Subordination Agreement • November 17th, 2017 • Magnegas Corp • Special industry machinery, nec • Florida
THIS LANDLORD LIEN SUBORDINATION AGREEMENT, dated as of November 15, 2017, is made by and among [ ] (“Landlord”), Equipment Sales and Service, Inc., a Florida corporation; MagneGas Corporation, a Delaware corporation (collectively, “Tenant”), and POINT FINANCIAL, INC., an Arizona corporation (“Lender”).
PURCHASE AND PUT AGREEMENTPurchase and Put Agreement • November 17th, 2017 • Magnegas Corp • Special industry machinery, nec • Arizona
THIS PURCHASE AND PUT AGREEMENT (this “Agreement”) is entered into on November 15, 2017 (“Effective Date”) by and between Point Financial, Inc., an Arizona corporation (“Lessor”), and MagneGas Corporation, a Delaware corporation (“Lessee”).
SECURITY AGREEMENT (PFI General — All-Inclusive Security Interest Covering Personal Property) (With Select Financing Provisions)Security Agreement • November 17th, 2017 • Magnegas Corp • Special industry machinery, nec • Arizona
THIS SECURITY AGREEMENT (“this Agreement” or “Security Agreement”) is entered into on November 15, 2017 (“Effective Date”) by and between MagneGas Corporation, a Delaware corporation (“Debtor”), as lessee and debtor, with and for the benefit of Point Financial, Inc., an Arizona corporation (“Lessor”), its transferees, and assigns, as lessor and secured party. (The Lessor and each subsequent transferee of the Lease Agreement described below, whether taking by endorsement or otherwise, are herein successively called “Secured Party.” Debtor and Secured Party are referenced collectively as the “Parties” and individually as a “Party”.)
SECURITY AGREEMENT (Collateral Assignment and Pledge of Ownership Interests in Subsidiaries)Security Agreement • November 17th, 2017 • Magnegas Corp • Special industry machinery, nec • Arizona
THIS SECURITY AGREEMENT (“Agreement” or “Security Agreement”) is entered into on November 15, 2017 (“Effective Date”) by and between MagneGas Corporation, a Delaware corporation (“Debtor”), as lessee, assignor, pledgor and debtor, and Point Financial, Inc., an Arizona corporation (“Secured Party”), as lessor, assignee, pledgee and secured party. Debtor and Secured Party sometimes may be referred to collectively as the “Parties” or individually as a “Party.”
BILL OF SALEBill of Sale • November 17th, 2017 • Magnegas Corp • Special industry machinery, nec
This BILL OF SALE (this “Agreement” or “Bill of Sale”), dated the 15th day of November, 2017 (the “Effective Date”) from MagneGas Corporation, a Delaware corporation (hereinafter called “Seller”) to Point Financial, Inc., an Arizona corporation (hereinafter called “Buyer”).
