EXHIBIT 10.5 GENERAL CREDIT AND SECURITY AGREEMENT THIS AGREEMENT, dated as of December 3, 2003, between SPECTRUM Commercial Services Company, a Minnesota corporation, having its mailing address and principal place of business at Two Appletree Square,...General Credit and Security Agreement • January 22nd, 2004 • Productivity Technologies Corp / • Metalworkg machinery & equipment • Minnesota
TWENTY SECOND AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENT (A Fifteenth Amendment does not exist)General Credit and Security Agreement • January 28th, 2011 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of February 5, 2008, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called “Lender” or “SCS”), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called “Borrower”), amends that certain General Credit and Security Agreement dated August 30, 1996, (“Credit Agreement”) as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
THIRD AMENDMENT AGREEMENTGeneral Credit and Security Agreement • October 4th, 2019 • Canterbury Park Holding Corp • Services-racing, including track operation • Minnesota
THIS THIRD AMENDMENT AGREEMENT (this “Amendment”) is made as of the 30th day of September, 2019, by and among CANTERBURY PARK ENTERTAINMENT LLC, a Minnesota limited liability company (the “Borrower”), CANTERBURY PARK HOLDING CORPORATION, a Minnesota corporation (the “Guarantor”), CANTERBURY PARK CONCESSIONS, INC., a Minnesota corporation (“Canterbury Concessions”), and BREMER BANK, NATIONAL ASSOCIATION, a national banking association (the “Lender”).
EIGHTEENTH AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENT (Note: A Fifteenth Amendment does not exist)General Credit and Security Agreement • January 28th, 2011 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of March 22, 2005, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called “Lender” or “SCS”), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called “Borrower”), amends that certain General Credit and Security Agreement dated August 30, 1996, (“Credit Agreement”) as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
TWENTY SIXTH AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENT AND WAIVER (A Fifteenth Amendment does not exist)General Credit and Security Agreement • January 28th, 2011 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of March 10, 2010, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called “Lender” or “SCS”), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called “Borrower”), amends that certain General Credit and Security Agreement dated August 30, 1996, (“Credit Agreement”) as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
TWENTIETH AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENT (A Fifteenth Amendment does not exist)General Credit and Security Agreement • January 28th, 2011 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of September 21, 2007, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called “Lender” or “SCS”), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called “Borrower”), amends that certain General Credit and Security Agreement dated August 30, 1996, (“Credit Agreement”) as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
SEVENTH AMENDMENT AGREEMENTGeneral Credit and Security Agreement • February 2nd, 2024 • Canterbury Park Holding Corp • Services-racing, including track operation • Minnesota
THIS SEVENTH AMENDMENT AGREEMENT (this “Amendment”) is made effective as of the 31 day of January, 2024, by and among CANTERBURY PARK ENTERTAINMENT LLC, a Minnesota limited liability company (the “Borrower”), CANTERBURY PARK HOLDING CORPORATION, a Minnesota corporation (the “Guarantor”), CANTERBURY PARK CONCESSIONS, INC., a Minnesota corporation (“Canterbury Concessions”), and BREMER BANK, NATIONAL ASSOCIATION, a national banking association (the “Lender”).
GENERAL CREDIT AND SECURITY AGREEMENT THIS AGREEMENT, dated as of October 24, 1997, between SPECTRUM Commercial Services, a division of Lyon Financial Services, Inc., a Minnesota corporation, having its mailing address and principal place of business...General Credit and Security Agreement • August 13th, 1998 • Infinite Graphics Inc • Services-mailing, reproduction, commercial art & photography • Minnesota
GENERAL CREDIT AND SECURITY AGREEMENTGeneral Credit and Security Agreement • September 30th, 2022 • JanOne Inc. • Retail-home furniture, furnishings & equipment stores • Minnesota
.THIS AGREEMENT (the "Agreement"), dated as of September 26, 2022, between Gulf Coast Bank and Trust Company, a Louisiana corporation, having its mailing address and principal place of business at 8011 - 34th Avenue South, Suite 205, Bloomington, Minnesota 55425-1581 (herein called "Gulf Coast"), and ARCA Recycling, Inc., a California corporation, having the mailing address and principal place of business at 7301 Ohms Lane, Suite 320, Edina Minnesota 55439 (herein called "Borrower").
Pursuant to Rule 24b-2, certain information has been deleted and filed separately with the Commission.] AMENDED AND RESTATED GENERAL CREDIT AND SECURITY AGREEMENTGeneral Credit and Security Agreement • August 14th, 2001 • MBC Holding Co • Malt beverages • Minnesota
THIS AMENDED AND RESTATED GENERAL CREDIT AND SECURITY AGREEMENT, dated as of March 29, 2001, between Bremer Business Finance Corporation, a Minnesota corporation, having its mailing address and principal place of business at 445 Minnesota Street, St. Paul, MN 55101-2107 (herein called “Lender”), and MBC Holding Company, a Minnesota corporation f/k/a Minnesota Brewing Company, having offices at 882 West Seventh Street, St. Paul, Minnesota 55102, (herein called “Borrower”).
NINETEENTH AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENT (A Fifteenth Amendment does not exist)General Credit and Security Agreement • January 28th, 2011 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of June 21, 2007, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called “Lender” or “SCS”), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called “Borrower”), amends that certain General Credit and Security Agreement dated August 30, 1996, (“Credit Agreement”) as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
AMENDMENT NO. 4 TO AMENDED AND RESTATED GENERAL CREDIT AND SECURITY AGREEMENT AND WAIVERGeneral Credit and Security Agreement • November 14th, 2001 • MBC Holding Co • Malt beverages • Minnesota
THIS AMENDMENT NO. 4 TO AMENDED AND RESTATED GENERAL CREDIT AND SECURITY AGREEMENT AND WAIVER, dated as of September 28, 2001 (the “Amendment”), by and between MBC Holding Company, a Minnesota corporation (“Borrower”), and Bremer Business Finance Corporation, a Minnesota corporation (the “Lender”).
FOURTEENTH AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENTGeneral Credit and Security Agreement • August 17th, 2004 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores • Minnesota
THIS AGREEMENT, dated and effective as of July 1, 2004, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called “Lender” or “SCS”), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called “Borrower”), amends that certain General Credit and Security Agreement dated August 30, 1996, (“Credit Agreement”) as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
SEVENTEENTH AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENT (Note: A Fifteenth Amendment does not exist)General Credit and Security Agreement • February 25th, 2005 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of January 12, 2005, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55435 (herein called "Lender" or "SCS"), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called "Borrower"), amends that certain General Credit and Security Agreement dated August 30, 1996, ("Credit Agreement") as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
TWENTY FIFTH AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENT AND WAIVER (A Fifteenth Amendment does not exist)General Credit and Security Agreement • January 28th, 2011 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of August 11, 2009, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called “Lender” or “SCS”), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called “Borrower”), amends that certain General Credit and Security Agreement dated August 30, 1996, (“Credit Agreement”) as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
TWENTY FIRST AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENT (A Fifteenth Amendment does not exist)General Credit and Security Agreement • January 28th, 2011 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of November 28, 2007, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called “Lender” or “SCS”), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called “Borrower”), amends that certain General Credit and Security Agreement dated August 30, 1996, (“Credit Agreement”) as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
FIFTH AMENDMENT AGREEMENTGeneral Credit and Security Agreement • December 23rd, 2020 • Canterbury Park Holding Corp • Services-racing, including track operation • Minnesota
THIS FIFTH AMENDMENT AGREEMENT (this “Amendment”) is made as of the 23 day of December, 2020, by and among CANTERBURY PARK ENTERTAINMENT LLC, a Minnesota limited liability company (the “Borrower”), Canterbury Park Holding Corporation, a Minnesota corporation (the “Guarantor”), Canterbury Park Concessions, Inc., a Minnesota corporation (“Canterbury Concessions”), and BREMER BANK, NATIONAL ASSOCIATION, a national banking association (the “Lender”).
FOURTH AMENDMENT AGREEMENTGeneral Credit and Security Agreement • October 2nd, 2020 • Canterbury Park Holding Corp • Services-racing, including track operation • Minnesota
THIS FOURTH AMENDMENT AGREEMENT (this “Amendment”) is made as of the 30th day of September, 2020, by and among CANTERBURY PARK ENTERTAINMENT LLC, a Minnesota limited liability company (the “Borrower”), Canterbury Park Holding Corporation, a Minnesota corporation (the “Guarantor”), Canterbury Park Concessions, Inc., a Minnesota corporation (“Canterbury Concessions”), and BREMER BANK, NATIONAL ASSOCIATION, a national banking association (the “Lender”).
GENERAL CREDIT AND SECURITY AGREEMENTGeneral Credit and Security Agreement • March 30th, 2017 • Canterbury Park Holding Corp • Services-racing, including track operation • Minnesota
THIS GENERAL CREDIT AND SECURITY AGREEMENT, dated as of the 14th day of November, 2016, between Bremer Bank, National Association, a national banking association, having its mailing address and principal place of business at 1995 Rahncliff Court, Eagan, Minnesota 55122 (herein called “Lender”), and Canterbury Park Entertainment LLC, a Minnesota limited liability company, having offices at 1100 Canterbury Road, Shakopee, Minnesota 55379, (herein called “Borrower”).
TWENTY THIRD AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENT (A Fifteenth Amendment does not exist)General Credit and Security Agreement • January 28th, 2011 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of May 1, 2008, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called “Lender” or “SCS”), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called “Borrower”), amends that certain General Credit and Security Agreement dated August 30, 1996, (“Credit Agreement”) as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
SIXTH AMENDMENT AGREEMENTGeneral Credit and Security Agreement • March 4th, 2021 • Canterbury Park Holding Corp • Services-racing, including track operation • Minnesota
THIS SIXTH AMENDMENT AGREEMENT (this “Amendment”) is made effective as of the 28th day of February, 2021, by and among CANTERBURY PARK ENTERTAINMENT LLC, a Minnesota limited liability company (the “Borrower”), CANTERBURY PARK HOLDING CORPORATION, a Minnesota corporation (the “Guarantor”), CANTERBURY PARK CONCESSIONS, INC., a Minnesota corporation (“Canterbury Concessions”), and BREMER BANK, NATIONAL ASSOCIATION, a national banking association (the “Lender”).
TWENTY FOURTH AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENT (A Fifteenth Amendment does not exist)General Credit and Security Agreement • January 28th, 2011 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of December 1, 2008, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called “Lender” or “SCS”), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called “Borrower”), amends that certain General Credit and Security Agreement dated August 30, 1996, (“Credit Agreement”) as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
AMENDED AND RESTATED GENERAL CREDIT AND SECURITY AGREEMENT(1)General Credit and Security Agreement • November 14th, 2008 • Canterbury Park Holding Corp • Services-racing, including track operation • Minnesota
THIS AMENDED AND RESTATED GENERAL CREDIT AND SECURITY AGREEMENT, dated as of the 20th day of April, 2000, between Bremer Bank, National Association, a national banking association, having its mailing address and principal place of business at 633 South Concord Street, South St. Paul, MN 55075 (herein called “Lender”), and Canterbury Park Holding Corporation, a Minnesota corporation, having offices at 1100 Canterbury Road, Shakopee, Minnesota 55379, (herein called “Borrower”).
AMENDMENT NO. 2 TO AMENDED AND RESTATED GENERAL CREDIT AND SECURITY AGREEMENTGeneral Credit and Security Agreement • August 14th, 2001 • MBC Holding Co • Malt beverages • Minnesota
THIS AMENDMENT NO. 2 TO AMENDED AND RESTATED GENERAL CREDIT AND SECURITY AGREEMENT, dated as of June 25, 2001 (the “Amendment”), by and between MBC Holding Company, a Minnesota corporation (“Borrower”), and Bremer Business Finance Corporation, a Minnesota corporation (the “Lender”).
SIXTEENTH AMENDMENT TO GENERAL CREDIT AND SECURITY AGREEMENTGeneral Credit and Security Agreement • February 25th, 2005 • Appliance Recycling Centers of America Inc /Mn • Retail-home furniture, furnishings & equipment stores
THIS AGREEMENT, dated and effective as of December 23, 2004, between SPECTRUM Commercial Services Company, a Minnesota Corporation, having its mailing address and principal place of business at Two Appletree Square, Suite 415, Bloomington, Minnesota 55425 (herein called "Lender" or "SCS"), and Appliance Recycling Centers of America, Inc., a Minnesota corporation, having the mailing address and principal place of business at 7400 Excelsior Boulevard, Minneapolis, MN 55426, (herein called "Borrower"), amends that certain General Credit and Security Agreement dated August 30, 1996, ("Credit Agreement") as amended. Where the provisions of this Agreement conflict with the Credit Agreement, the intent of this Agreement shall control.
AMENDMENT NO. 1 TO AMENDED AND RESTATED GENERAL CREDIT AND SECURITY AGREEMENTGeneral Credit and Security Agreement • August 14th, 2001 • MBC Holding Co • Malt beverages • Minnesota
THIS AMENDMENT NO. 1 TO AMENDED AND RESTATED GENERAL CREDIT AND SECURITY AGREEMENT, dated as of May 22, 2001 (the “Amendment”), by and between MBC Holding Company, a Minnesota corporation (“Borrower”), and Bremer Business Finance Corporation, a Minnesota corporation (the “Lender”).
