LOAN AND SECURITY AGREEMENTLoan and Security Agreement • October 27th, 2023 • Digital Ally, Inc. • Radio & tv broadcasting & communications equipment
This LOAN AND SECURITY AGREEMENT dated as of October 26, 2023 (the “Effective Date”) (the “Agreement”), is executed by and between DIGITAL ALLY, INC., a Nevada corporation (“Digital Ally”), and DIGITAL ALLY HEALTHCARE, LLC, a Nevada limited liability company (“Healthcare”; and individually and collectively with Digital Ally, the “Borrower”), each of which has its chief executive office located at 14001 Marshall Drive, Lenexa, Kansas 66215, and KOMPASS KAPITAL FUNDING, LLC, a Kansas limited liability company (the “Lender”), whose address is 9800 Metcalf Avenue, Suite 120, Overland Park, Kansas 66212.
REVOLVING NOTERevolving Note • October 27th, 2023 • Digital Ally, Inc. • Radio & tv broadcasting & communications equipment
This Revolving Note evidences the Revolving Loans, to which reference is hereby made for a statement of the terms and conditions under which the Revolving Loan Maturity Date or any payment hereon may be accelerated. The holder of this Revolving Note is entitled to all of the benefits and security provided for in the Loan Agreement. All Revolving Loans shall be repaid by the Borrower on the Revolving Loan Maturity Date, unless payable sooner pursuant to the provisions of the Loan Agreement.
MORTGAGE, ASSIGNMENT OF LEAES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILINGMortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing • October 27th, 2023 • Digital Ally, Inc. • Radio & tv broadcasting & communications equipment • Kansas
THIS MORTGAGE, ASSIGNMENT OF LEASES AND RENTS, SECURITY AGREEMENT AND FIXTURE FILING (this “Security Instrument”) is made as of October 26, 2023, by DIGITAL ALLY, INC., a Nevada corporation, as mortgagor (“Grantor”), for the benefit of KOMPASS KAPITAL FUNDING, LLC, a Kansas limited liability company, having an address at 9800 Avenue, Suite 120, Overland Park, Kansas, 66212, as mortgagee (“Lender”).
