Loan Termination Agreement Sample Contracts

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LOAN TERMINATION AGREEMENT (Junior Mezzanine Loan)
Loan Termination Agreement • July 12th, 2010 • Thomas Properties Group Inc • Real estate • New York

THIS LOAN TERMINATION AGREEMENT (this “Termination Agreement”), dated as of July 6, 2010 (the “Termination Date”), is entered into by and between 515/555 FLOWER JUNIOR MEZZANINE ASSOCIATES, LLC, a Delaware limited liability company (“Borrower”), and CALIFORNIA STATE TEACHERS’ RETIREMENT SYSTEM, a public entity (“Lender”), with respect to the following:

LOAN TERMINATION AGREEMENT
Loan Termination Agreement • January 22nd, 2016 • Gilla Inc. • Tobacco products • Ontario

Loan termination agreement dated January 18, 2016 (this “Agreement”) between Gilla Inc. (the “Borrower”) and Sarasvati Investments Inc. (the “Lender”).

LOAN TERMINATION AGREEMENT
Loan Termination Agreement • March 6th, 2008 • Environmental Power Corp • Cogeneration services & small power producers • New York

THIS LOAN TERMINATION AGREEMENT is made as of November 30, 2007 (the “Agreement”), by and among EPC Corporation, a Delaware corporation (the “Borrower”), Environmental Power Corporation, a Delaware corporation and Parent of Borrower (the “Parent”), and Crystal Creek Coalpower Funding, LLC, a Delaware limited liability company (the “Lender”).

LOAN TERMINATION AGREEMENT
Loan Termination Agreement • October 4th, 2013 • ARC Group Worldwide, Inc. • Communications services, nec • Delaware

THIS LOAN TERMINATION AGREEMENT (this “Agreement”) is made as of the date set forth on the signature page below by and between ARC Group Worldwide, Inc., a Utah corporation (referred to herein as “ARC” and the “Company”), FloMet LLC, a Delaware limited liability company and subsidiary of ARC (“FloMet”) and Robert L. Marten, the President and Chief Executive Officer of FloMet (the “Executive” and together with the Company and FloMet, the “Parties”).

LOAN TERMINATION AGREEMENT
Loan Termination Agreement • July 26th, 2021 • Emerald Health Pharmaceuticals Inc. • Pharmaceutical preparations • British Columbia

EMERALD HEALTH SCIENCES INC., a corporation incorporated under the laws of British Columbia with a registered office at 2500-666 Burrard Street, Vancouver, BC

AGREEMENT TO TERMINATE LOAN AGREEMENT
Loan Termination Agreement • September 15th, 2008 • Solution Technology International Inc • Services-prepackaged software • Delaware

This Agreement to Terminate Loan Agreement (this “Agreement”) is dated as of September 9, 2008, by and between Solution Technology International, Inc. (the “Company”), with its principal place of business at Garrett Information Enterprise Center, 685 Mosser Road, Suite 11, McHenry, Maryland 21541, and CrossHill Georgetown Capital, L.P., a Delaware limited partnership, with its principal place of business at 201 North Union Street, Suite 300, Alexandria, Virginia 22314 (“CrossHill”).

NOTE REPAYMENT AND LOAN TERMINATION AGREEMENT
Loan Termination Agreement • August 6th, 2024 • Empire Petroleum Corp • Crude petroleum & natural gas • Texas

This NOTE REPAYMENT AND LOAN TERMINATION AGREEMENT (this “Agreement”) is executed July 31, 2024, but effective as of July 1, 2024 (the “Effective Date”), is entered into by between

LOAN TERMINATION AGREEMENT
Loan Termination Agreement • October 4th, 2013 • Delaware

THIS LOAN TERMINATION AGREEMENT (this “Agreement”) is made as of the date set forth on the signature page below by and between ARC Group Worldwide, Inc., a Utah corporation (referred to herein as “ARC” and the “Company”), FloMet LLC, a Delaware limited liability company and subsidiary of ARC (“FloMet”) and Robert L. Marten, the President and Chief Executive Officer of FloMet (the “Executive” and together with the Company and FloMet, the “Parties”).

LOAN TERMINATION AGREEMENT
Loan Termination Agreement • April 24th, 2020 • Midwest Holding Inc. • Life insurance • Nebraska

THIS LOAN TERMINATION AGREEMENT is made as of April 24, 2020 (the “Agreement”), by and between Midwest Holding Inc., a Nebraska corporation (“Midwest”), and Xenith Holdings LLC, a Delaware limited liability company (“Xenith”). Midwest and Xenith are also referred to as a “Party” and collectively referred to herein as the “Parties”.

LOAN TERMINATION AGREEMENT
Loan Termination Agreement • July 15th, 2019 • Cinedigm Corp. • Services-video tape rental • New York

THIS LOAN TERMINATION AGREEMENT is made as of July 12, 2019 (the “Agreement”), by and between CINEDIGM CORP., a Delaware corporation (the “Borrower”) and BISON GLOBAL INVESTMENT SPC FOR AND ON BEHALF OF GLOBAL INVESTMENT SPC-BISON GLOBAL NO. 1 SP (the “Lender”).

LOAN TERMINATION AGREEMENT
Loan Termination Agreement • April 5th, 2017 • Lightstone Real Estate Income Trust Inc. • Real estate investment trusts • New York

This LOAN TERMINATION AGREEMENT (this “Agreement”), dated as of March 31, 2017, is by and among The Lightstone Group, LLC, a Delaware limited liability company (“Lightstone”), Lightstone Real Estate Income Trust, Inc., a Maryland Corporation (the “REIT” and together with Lightstone, the “Parties” and individually, a “Party”).

LOAN TERMINATION AGREEMENT September 1, 2023
Loan Termination Agreement • September 7th, 2023 • TILT Holdings Inc. • Cigarettes • Delaware

THIS LOAN TERMINATION AGREEMENT (this “Agreement”), dated as of September 1, 2023, by and between CGSF Group LLC (formerly known as CGV Group LLC) (“Borrower”) and SFNY Holdings, Inc. (“Lender”). Borrower and Lender may be referred to individually as, a “Party” and are collectively referred to as, the “Parties”).

Loan Termination Agreement
Loan Termination Agreement • January 30th, 2012 • Lotus Pharmaceuticals, Inc. • Pharmaceutical preparations

The loan agreement between Lotus Pharmaceuticals and Wu Lan Cha Bu Emergency Hospital (effective on Oct. 10, 2006), and the three-party loan assignment agreement between Lotus Pharmaceuticals, Lotus Pharmaceuticals CEO Mr. Zhongyi Liu, and Wu Lan Cha Bu Emergency Hospital (effective on Oct. 21, 2006), have reached their term on Oct. 9, 2011. After friendly discussion and negotiation, three parties decided not to renew the agreement and to terminate the original agreement immediately. A new agreement was reached as follows:

Contract
Loan Termination Agreement • May 5th, 2020 • Ontario

EX-10.23 3 glla_ex1023.htm LOAN TERMINATION AGREEMENT Exhibit 10.23 LOAN TERMINATION AGREEMENT Loan termination agreement dated January 18, 2016 (this “Agreement”) between Gilla Inc. (the “Borrower”) and Sarasvati Investments Inc. (the “Lender”). RECITALS WHEREAS the Borrower and the Lender entered into a revolving credit facility loan agreement (the “Revolving Credit Facility”), dated August 1, 2014 and attached hereto as Schedule “A”; WHEREAS the Borrower and the Lender mutually agree and with to terminate and retire the Revolving Credit Facility with this Agreement; WHEREAS the Borrower and the Lender entered into a new loan agreement dated the date hereof to replace the Revolving Credit Facility with a term loan facility; NOW, THEREFORE, in consideration of the premises and the agreements, provisions and covenants herein contained and other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged), the Borrower and the Lender agree as follows: A

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