Encumbrance American Millenium Insurance Company NJ USA over the assets of NEWPOINT FINANCIAL CORP. DE USA dated 17 Dec 2021 Ref. U210111163725
Lender / Secured party/ies:
American Millenium Insurance Company (NJ, USA)Debtor / Grantor/s:
NEWPOINT FINANCIAL CORP. (DE, USA)Secured amount (USD$):
refer to the collateral for this information.Collateral:
Secured Party and Debtor entered into a Note Issuance Agreement in which Debtor has issued 2 individual Notes in the amount of USD $5 million each represented by CUSIP# 65172Q AA5 / ISIN # US65172QAA58. Notes are identified as NPFC/UST/CN/2021/01-14 and NPFC/UST/CN/2021/01-15. Pursuant to the Note Issuance Agreement and Notes, Debtor has pledged to Secured Party as Collateral all of its rights to the principal corpus of the United States Treasury Bonds registered under CUSIP 912810QZ4. The terms of this Collateral Pledge and Security Agreement are reflected in the agreement between Secured Party and Debtor.
Analysis (Mark Smith's comments):
Security document (read it): Click Here to View document