SUBORDINATED BUSINESS LOAN AND SECURITY AGREEMENTSubordinated Business Loan and Security Agreement • August 29th, 2024 • Perfect Moment Ltd. • Apparel & other finishd prods of fabrics & similar matl • Virginia
THIS SUBORDINATED BUSINESS LOAN AND SECURITY AGREEMENT (as the same may be amended, restated, modified, or supplemented from time to time, this “Agreement”) dated as of July 25, 2024 (the “Effective Date”) among Agile Capital Funding, LLC as collateral agent (in such capacity, together with its successors and assigns in such capacity, “Collateral Agent”), and Agile Lending, LLC, a Virginia limited liability company (“Lead Lender”) and each assignee that becomes a party to this Agreement pursuant to Section 12.1 (each individually with the Lead Lender, a “Lender” and collectively with the Lead Lender, the “Lenders”), and PERFECT MOMENT LTD., A Domestic Delaware Corporation (“Parent”) and its subsidiaries, PERFECT MOMENT USA INC., A Domestic Delaware Corporation, and PERFECT MOMENT ASIA LIMITED, A Hong Kong Limited Liability Company and together with Parent, and the other entities shown as signatories hereto or that are joined from time to time as a Borrower, individually and collectivel
