INVOICE PURCHASE AND SECURITY AGREEMENTInvoice Purchase and Security Agreement • November 30th, 2022 • BK Technologies Corp • Radio & tv broadcasting & communications equipment
THIS INVOICE PURCHASE AND SECURITY AGREEMENT (“Agreement”) is made on this 22nd day of November 2022 between BK Technologies, Inc., a Nevada corporation, and RELM Communications, Inc., a Florida corporation (individually and collectively, "Sellers") and Alterna Capital Solutions LLC, a Florida Limited Liability Company ("Purchaser").
COMMERCIAL GUARANTY (CORPORATE GUARANTOR)Commercial Guaranty • November 30th, 2022 • BK Technologies Corp • Radio & tv broadcasting & communications equipment
IN CONSIDERATION of the sum of One Dollar ($1.00), cash in hand paid, and other good and valuable consideration, as well as for the purpose of seeking to induce Alterna Capital Solutions LLC having a principal office at 2420 Lakemont Ave, Suite 350, Orlando, FL 32814 (hereinafter termed the "ACS"), to extend or continue to extend financial accommodations to BK Technologies, Inc., a Nevada corporation and RELM Communications, Inc., a Florida Corporation (individually and collectively, the "Principal"), BK Technologies Corporation, a Nevada corporation (hereinafter termed the "Guarantor") does hereby absolutely and unconditionally guarantee to said ACS and to its endorsers, transferees, successors or assigns of either this guaranty or any of the obligations secured hereunder, the prompt payment and performance, according to their respective terms, of all Liabilities (as hereinafter defined) of the Principal to the ACS.
GUARANTY THIS DOCUMENT CONTAINS A WAIVER OF TRIAL BY JURYGuaranty • November 30th, 2022 • BK Technologies Corp • Radio & tv broadcasting & communications equipment
This GUARANTY dated as of November 22, 2022, is made by the Person(s) signing below (individually or collectively, “Guarantor”), in favor of ALTERNA CAPITAL SOLUTIONS LLC (“Creditor”).
