Undertaking to Furnish Long-Term Debt Agreements – Vaughan Foods, Inc. and Cimarron Holdings, L.L.C.

Contract Categories: Business Finance › Loan Agreements
Summary

Vaughan Foods, Inc., through its Chief Financial Officer, agrees to provide the SEC with copies of specific long-term debt agreements upon request. These agreements include various loans related to real estate, equipment, aircraft engines, vehicles, and other equipment, some of which are held by Cimarron Holdings, L.L.C. The document lists the types of loans, interest rates, due dates, and outstanding principal balances as of December 31, 2005. This undertaking is dated September 27, 2006.

Read More Arrow
EX-4.8 14 c44364_ex4-8.txt Exhibit 4.7 The registrant hereby agrees and undertakes to furnish to the Securities and Exchange Commission upon request a copy of the following long-term debt agreements of the registrant or, where specified, Cimarron Holdings, L.L.C.: - --------------------- ------------------ ------------------ -------------------- Type of long-term Interest rate Due date Principal balance at debt December 31, 2005 - --------------------- ------------------ ------------------ -------------------- - --------------------- ------------------ ------------------ -------------------- Real estate loan National prime July 22, 2009 $219,602 plus 1.75% - --------------------- ------------------ ------------------ -------------------- Equipment loan 7.00% September 15, 2007 $47,200 - --------------------- ------------------ ------------------ -------------------- Aircraft engine loan 8.00% August 2007 $42,210 (Cimarron Holdings, L.L.C.) - --------------------- ------------------ ------------------ -------------------- Vehicle and equipment Various fixed Various dates $513,080 loans, various rates - --------------------- ------------------ ------------------ -------------------- Loan (Cimarron Index plus 1.75%, April 21, 2019 $237,433 Holdings, L.L.C.) rate of 10% at June 30, 2006 - --------------------- ------------------ ------------------ -------------------- Vaughan Foods, Inc. By: /s/ Stan Gustas --------------- Stan L. Gustas Chief Financial Officer Dated: September 27, 2006