SALLYPORT COMMERCIAL FINANCE, LLC ACCOUNTS RECEIVABLE FINANCING AGREEMENTAccounts Receivable Financing Agreement • October 9th, 2020 • Boxlight Corp • Services-educational services • Texas
THIS ACCOUNTS RECEIVABLE FINANCING AGREEMENT (this “Agreement”) is entered into in Houston, Texas, between Sallyport Commercial Finance, LLC (“Lender”), with offices at 14100 Southwest Freeway, Suite 210, Houston, Texas 77478, and Boxlight, Inc., a Washington corporation (“Boxlight”), whose offices are located at 1045 Progress Circle, Lawrenceville, GA. 30043, and EOSEDU, LLC, an Arizona limited liability company (“EOSUDU”), whose offices are located at 8767 East Via De Ventura, Suite 126, Scottsdale, AZ 85258 (each, a “Borrower” and collectively referred to as “Borrowers”). A reference herein to either Borrower, shall be a reference to each Borrower and each Borrower and Lender agree to the following:
FORM OF BLOCKED ACCOUNT AGREEMENTBlocked Account Agreement • October 9th, 2020 • Boxlight Corp • Services-educational services • Texas
THIS BLOCKED ACCOUNT AGREEMENT (this “Agreement”), is dated as of October 7th 2020, and is by and among Boxlight, Inc, a Washington corporation (“Customer”), Sallyport Commercial Finance, LLC, a Delaware limited liability company (“Lender”), and CADENCE BANK, N. A., a national banking association (“Depository Bank”).
