Discretionary Loan, Security and Pledge Agreement Sample Contracts

DISCRETIONARY LOAN, SECURITY AND PLEDGE AGREEMENT
Discretionary Loan, Security and Pledge Agreement • March 17th, 2003 • Antex Biologics Inc • Biological products, (no disgnostic substances) • Delaware

THIS DISCRETIONARY LOAN, SECURITY AND PLEDGE AGREEMENT (“Agreement”) is made as of March 17, 2003, by and between ANTEX BIOLOGICS INC., a Delaware corporation (“Antex”) and ANTEX PHARMA INC., a Delaware corporation and wholly-owned subsidiary of Antex (the “Subsidiary”), and BIOPORT CORPORATION, a Michigan corporation (“Lender”). Antex and Subsidiary are sometimes individually referred to in this Agreement as the “Borrower” and collectively as the “Borrowers”.

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