CROSS-COLLATERAL AND CROSS-DEFAULT AGREEMENTCollateral and Cross-Default Agreement • December 14th, 2005 • Duckwall Alco Stores Inc • Retail-variety stores
You (and/or your affiliates, successors or assigns, “you”) have entered into or purchased one or more conditional sale contracts, lease agreements, chattel mortgages, security agreements, notes and other choses in action (herein designated “Accounts”) arising from the bona fide sale or lease to us, by various vendors or lessors, of equipment and inventory (herein designated “Collateral”) and/or you have made direct loans to or otherwise extended credit to us evidenced by Accounts creating security interests in Collateral. This agreement does not include real estate pledged as collateral to GE Commercial Finance Business Property Corporation.
