Second Line of Credit Loan Agreement and Promissory Note Sample Contracts

SECOND LINE OF CREDIT LOAN AGREEMENT AND PROMISSORY NOTE

Second Line of Credit Loan Agreement and Promissory Note • February 29th, 2012 • VelaTel Global Communications, Inc. • Radiotelephone communications

• Contract Type
  Second Line of Credit Loan Agreement and Promissory Note
• Filed
  February 29th, 2012
• Company
  VelaTel Global Communications, Inc.
• Industry
  Radiotelephone communications

This Second Line of Credit Loan Agreement and Promissory Note (“Second Note”) is entered into by and between VelaTel Global Communications, Inc., a Nevada corporation (“VelaTel”), and Isaac Organization, Inc., a Canadian corporation organized under the laws of Ontario, (“Isaac”), or its assigns, as of February 23, 2012 (“Effective Date”). VelaTel and Isaac are each sometimes referred to individually in this Second Note as a “Party” and, together, as “Parties.”