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2018-686-E Economic Dev - Beau Catering Loan Document
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2018-686-E Economic Dev - Beau Catering Loan Document
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Last modified
10/19/2018 1:17:42 PM
Creation date
10/19/2018 1:13:18 PM
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Template:
Contract
Date
10/12/2018
Contract Starting Date
10/12/2018
Contract Ending Date
11/1/2021
Contract Document Type
Agreement
Amount
$20,000.00
Document Relationships
R 2018-686 Economic Dev - Beau Catering CROP loan
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\Board of County Commissioners\Contracts and Agreements\Contract Routing Sheets\Routing Sheets\2018
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EXHIBIT B –DESCRIPTION OF COLLATERAL <br />Page 1of 1 <br />The “COLLATERAL” is all of the following: <br />1.All personal property acquired by J. BEAU BENNETT, LLC,with funds loaned <br />by the COMPANY pursuant to this AGREEMENT, all personal property obtained <br />in substitution or replacement therefore, and all personal property obtained in <br />substitution or replacement for any portion of the Mortgaged Property and all <br />proceeds of the foregoing (collectively, the “Purchased Equipment”). This <br />Agreement is a purchase money security agreement with respect to the <br />Purchased Equipment. The partiesexpect that the Purchased Equipment will <br />include the following: <br />2.All goods including but not limited to furniture and general intangibles whether <br />now owned or hereafter acquired and wherever located. Excluding fixtures <br />3.Equipment, including all Accessions thereto, and all manufactures warranties, <br />parts and tools therefore. <br />4.Inventory, including all returned inventory. <br />5.Accounts, including contract rights and health-care-insurance receivables. <br />6.Vehicles, including all manufacturers warranties and parts therefore. <br />7.Franchise Agreements. <br />8.General intangibles, including Payment Intangibles, copyrights, trademarks, <br />patents, trade names, tax refunds, company records (paper and electronic), right <br />under equipment leases, warranties software licenses. <br />9.To theExtent not listed above as original collateral, all proceeds (cash and non- <br />cash) and products of the foregoing. <br />NOTICE-Pursuant to an Agreement between debtor and secured party, debtor has <br />agreed not to further encumber the collateral described herein. The further <br />encumbrance of which may constitute interference with secured party’s right by such <br />encumbrance. <br />_______(initial) <br />_______ (initial) <br /> <br />DocuSign Envelope ID: 71A540D4-95BC-4724-9E65-6A85543C95A9
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