Orange County NC Website
Browse       Search
DocuSign Envelope ID:99AD3BD7-DDE5-4F33-B12B-32DBF304D7B0 <br /> Exhibit A — Description of Collateral <br /> The "COLLATERAL" is all of the following: <br /> 1. All personal property acquired by James Carter Studio, LLC, with funds loaned by the <br /> COMPANY pursuant to this AGREEMENT, all personal property obtained in substitution or <br /> replacement therefore, and all personal property obtained in substitution or replacement for any <br /> portion of the Mortgaged Property and all proceeds of the foregoing (collectively, the <br /> "Purchased Equipment"). This Agreement is a purchase money security agreement with <br /> respect to the Purchased Equipment. The parties expect that the Purchased Equipment will <br /> include the following: N/A <br /> 2. All goods including but not limited to furniture and general intangibles whether now owned or <br /> hereafter acquired and wherever located. <br /> 3. Equipment, including all Accessions thereto, and all manufactures warranties, parts and tools <br /> therefore. <br /> 4. Inventory, including all returned inventory. <br /> 5. Accounts Receivables. <br /> 6. Vehicles, including all manufacturers warranties and parts therefore. <br /> 7. Franchise Agreements. <br /> 8. General intangibles, including Payment Intangibles, copyrights, trademarks, patents, trade <br /> names, tax refunds, company records (paper and electronic), right under equipment leases, <br /> warranties software licenses. <br /> 9. To the Extent not listed above as original collateral, all proceeds (cash and non-cash) and <br /> products of the foregoing. <br /> NOTICE-Pursuant to an Agreement between debtor and secured party, debtor has agreed not to <br /> further encumber the collateral described herein. The further encumbrance of which may constitute <br /> interference with secured party's right by such encumbrance. <br /> /�ID'o^c'u�SVig^netl�by: <br /> V <br /> James Carter, Managing Member <br /> James Carter Studio, LLC <br /> ESBLPLSA <br />