ContractFinance Credit Agreement • May 5th, 2020 • California
EX-10.21 4 dex1021.htm TRADE FINANCE CREDIT AGREEMENT EXHIBIT 10.21 TRADE FINANCE CREDIT AGREEMENT This Trade Finance Credit Agreement (the “Agreement”) is made and entered into as of March 31, 2002 , by and between UNITED CALIFORNIA BANK (the “Bank”) and VARIFLEX, INC. (the “Borrower”). SECTION 1 DEFINITIONS 1.1 Certain Defined Terms: Unless elsewhere defined in this Agreement, the following terms shall have the following meanings (such meanings to be generally applicable to the singular and plural forms of the terms defined): 1.1.1 “Account”: shall mean, individually and collectively as the context so requires, any and all accounts, chattel paper and general intangibles owed or owing to Borrower by Account Debtors, whether now owned or hereafter acquired by Borrower, or in which the Borrower may now have or hereafter acquire any interest. 1.1.2 “Account Debtor”: shall mean the person or entity obligated to the Borrower upon an Account. 1.1.3 “Advance”: shall mean an advance to the Bo
