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36 <br />"Loan Loss Reserve" has the meaning assigned in the Support Agreement. <br />"Net Cash Proceeds" means, for any month, (a) all income, revenues, proceeds ,and <br />payments received during that month by or on behalf of the Company as holder of any <br />Program Loan, including principal payments, interest (but only to the extent of interest at <br />the Prime Rate), penalties, and late charges, (b) all amounts deposited in the <br />Company Loan Loss Account which become, immediately available funds to the <br />Company in that month. <br />"North Carolina Uniform Commercial Code" means the version of the Uniform <br />Commercial Code as from tune to time in effect in North Caroliaa (currently, Chapter 25 <br />of the North Carolina General Statutes). <br />"Note" means any of the promissory notes executed by the Company, substantially <br />in the form of Exhibit A, dated of even date with this Agreement and payable to the order <br />of each of the Banks up to the amount of each Bank's Loan Commitment. <br />"Percentage Share" means, with respect to each Bank, the ratio of such Bank's <br />Loan Commitment to the aggregate of all Banks' Loan Commitments, expressed as a <br />percentage. Schedule 1 sets forth the initial Percentage Share for each Bank. <br />"Prime Rate" means the interest rates so denominated and set by the Banks in their <br />respective discretion as their "Prime Rates," as in effect from time to time. <br />"Program Loan" has the meaning assigned in the Support Agreement. <br />"Program Loan Documents" means all documents evidencing Program Loans and <br />evidencing or representing the security thereof or, including, but not limited to, notes, <br />security agreements, deeds of trust, assignments; and guarantees, and, any modifications, <br />amendments, renewals and extensions thereof. . <br />"Security Agreement" means any of the security agreements. executed by the <br />Company, in substantially the form of Exhibit B, dated of even date with this Agreement <br />and made in favor of each of the Banks,. granting each Bank afirst-priority security <br />interest to the extent of each Bank's Loan Commitment in the collateral. described therein. <br />"Support Agreement" means the Small Business Loan Program Support <br />Agreement dated as of March ~ 2000, between the County and the Company. <br />"Uncovered Loan Loss" means the amount of any Loan Loss 1~ amounts paid <br />with respect to that Loan Loss to the Company by the County from the Loan Loss <br />Reserve. <br />~~ <br />