LOAN AGREEMENT (ACH Repayment)Security Agreement and Guaranty • March 2nd, 2016 • Epic Stores Corp. • Retail-miscellaneous retail • Virginia
For value received, Borrower hereby promises to pay and deliver to OLD MAIN CAPITAL, LLC, the repayment amount, (as set forth below and together with any additional charges as set forth herein, collectively, the "Repayment Amount") in lawful money of the United States. The Repayment Amount shall be paid to OLD MAIN CAPITAL, LLC by Borrower's irrevocably authorizing only one depositing account acceptable to OLD MAIN CAPITAL, LLC (the "account") to remit the Specific Daily Repayment Amount specified below (the "Specific Daily: Repayment Amount ") until such time as OLD MAIN CAPITAL, LLC receives payment in full of the Repayment Amount, Borrower hereby authorizes OLD MAIN CAPITAL, LLC to ACH Debi t the specified remittances from the Borrower's bank account on a daily basis and will provide OLD MAIN CAPITAL, LLC with all required access codes. Borrower understands that it is responsible for ensuring that the Specific Daily Repayment Amount to be debited by OLD MAIN CAPITAL, LLC remains in
